bgmea

BGMEA President, Magic Officials Strategize to Enhance Bangladesh’s Apparel Presence in US

Pinar van der Vegt, Head of Sales, and Mike Hennessy, Business Development Manager at Magic, engaged in discussions with Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). The... Read more »
"Bangladesh's Reserve Strengthens with $1.31B Loan Influx"

Bangladesh’s Reserves Surge by 37 Crore Dollars

In a week, Bangladesh’s foreign currency reserves have increased by an impressive USD 37.69 million, according to the latest data from the International Monetary Fund (IMF) based on the reserve accounting method.... Read more »

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Metro Rail

Dhaka’s Bus Fleet Halves in Response to Metro Rail Competition

Dhaka’s ambitious Metro Rail service, connecting Uttara to Motijheel, has significantly disrupted the traditional public transport ecosystem, particularly affecting bus services along the Mirpur-Agargaon-Farmgate-Paltan route. The introduction of this modern transit option... Read more »
ieba wec

IEBA, WEC Sign MoU to Drive Ethnosport Growth in Bangladesh

The World Ethnosport Confederation (WEC) and the International Ethnosport Bangladesh Association (IEBA) have entered into a memorandum of understanding (MoU) to foster the promotion and expansion of ethnosports and games within the... Read more »
Dhaka Airport

Dhaka Airport’s 3rd Terminal Full Completion by April 5th

The construction of Dhaka’s Hazrat Shahjalal International Airport’s third terminal is scheduled for full completion by April 5, with operations expected to commence fully by October. The Civil Aviation Authority of Bangladesh... Read more »
nbr vat

NBR Extends Corporate Tax Deadline to Apr 30

The National Board of Revenue (NBR) has extended the deadline for filing corporate tax returns by two months, considering the interest of the public An order, signed by the Second Secretary of... Read more »
Inflation japan

Japan’s Consumer Inflation Hits 2% in January, BOJ Policy Shift Speculation Grows

Government data released on Tuesday revealed that Japanese consumer inflation slowed for the third consecutive month to 2.0 percent in January. The dip in the core Consumer Price Index (CPI), excluding volatile... Read more »
BGMEA

BGMEA, MAQI Technology Group Join Forces to Transform Bangladesh’s RMG Industry

In a strategic move to enhance the capabilities and competitiveness of Bangladesh’s ready-made garment (RMG) industry, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has forged a partnership with MAQI Technology Group... Read more »
coal plant power electri bangladesh

Nepal-Bangladesh Power Sale Agreement Hits Impasse Over Tariff Negotiations

In a setback to the anticipated power trade between Nepal and Bangladesh, negotiations have hit a roadblock as Bangladesh pushes for a reduction in the prices quoted by the Nepal Electricity Authority... Read more »
World Bank

World Bank MD Pledges Strong Support for Bangladesh’s Economic Vision

Anna Bjerde, World Bank Managing Director for Operations, concluded her inaugural visit to Bangladesh, reaffirming the bank’s robust commitment to assisting the country in achieving its goal of attaining upper-middle-income status by... Read more »