Business

After a decade of continuous growth, the poultry sector that meets 36 per cent of the human protein intake in the country is facing multifarious challenges. Sector insiders say the minnows in the business are finding it tough to stay in the fray as big farms are...

Bangladesh is still at risk of losing the European Union's GSP as the latter has again warned about its readiness to launch the procedure for withdrawal of preferences in case of failure to produce sufficient results. The European Union (EU) will decide on its next steps following...

Five jetties and necessary infrastructure will be set up in the economic zones in the country's south-eastern part to ensure comfortable and safe movement of people as well as tourism and landing facilities. The Bangladesh Inland Water Transport Authority (BIWTA) will implement the project involving about Tk...

An Indian start-up company is planning to set up a ‘mobile refurbishment plant’ in Bangladesh. Rebest Technology Private Limited, the Indian firm, has sent a proposal to the Bangladesh High Commission in India requesting to take steps to set up a ‘Mobile/communication devices refurbishment’ plant, government sources...

Sea freight transport, the lifeblood of trade and a bellwether of the global economy, has been blown off course by the new coronavirus, sparking general alarm. As analysts pore over charts to gauge just how badly Chinese mega-factories have been hit, figures provided by cargo ship traffic...

Silicon Valley-based venture capital firm Pegasus Tech Ventures plans to invest $40 million in Bangladeshi startups within a few years as the fast expanding economy holds huge growth potential for budding entrepreneurs, said its top executive. "We are committed to investing in Bangladesh's startup ecosystem," Anis Uzzaman,...

Car sales in China fell 92% in the first half of February as the coronavirus shutdown took its toll, according to an industry trade body. Car dealerships have remained closed while buyers have stayed away to prevent the spread of the deadly virus. Nationwide car sales slumped...

Some 25 companies are set to raise an aggregate amount of capital worth Tk 13.34 billion from the capital market. The companies will raise capitals floating IPOs (initial public offerings) under the book building and fixed price method. Under the book building method, seven companies will raise...

Robi plans to submit its application for listing in the country's twin bourses to the Bangladesh Securities and Exchange Commission in the middle of next month, as the long-awaited debut of the second largest mobile phone operator is finally taking shape. The operator, which got the approval...

Bangladeshi President Abdul Hamid called Thursday for greater trade and investment with Turkey to explore the potentials of the two countries in various sectors, reports Daily Sabah.  "There is enormous scope for exploring the commerce and investment potentials between the two countries, but this is yet to...