bgmea

BGMEA President Emphasizes Media’s Role in Shaping Global View of Bangladesh’s Garment Industry

Faruque Hassan, the President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), highlighted the crucial role of the media in reshaping the global perception of Bangladesh’s garment industry. During a meeting... Read more »
Bangladesh RMG Industry Hits 206 LEED-Certified Factorie

Bangladesh RMG Industry Hits 206 LEED-Certified Factories

The recent LEED (Leadership in Energy and Environmental Design) certifications in Bangladesh’s ready-made garment (RMG) industry signify a noteworthy step towards sustainable practices. As of 2023, 24 factories have achieved LEED certification,... Read more »

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bbs barishal

Barishal Reports Highest Poverty Rates in HIES 2022

The Bangladesh Bureau of Statistics (BBS) released its Household Income and Expenditure Survey (HIES) 2022 report, revealing significant advancements in the country’s socioeconomic landscape. The HIES 2022, marked by improved data collection... Read more »
remittance

Bangladesh Bank’s Flexibility Spurs 22% YoY Jump in December Remittances

Remittance inflows in Bangladesh have witnessed a remarkable 22% year-on-year increase in the initial 22 days of December, reaching $1.57 billion. This surge is attributed to the Bangladesh Bank’s flexibility in permitting... Read more »
"Energy and Customs Efficiency Key for Bangladesh's $100 Billion Export Goal"

Energy and Customs Efficiency Key for Bangladesh’s $100bn Export Goal

Leading exporters in Bangladesh are prioritizing the resolution of critical domestic issues, such as customs complexities and energy insecurity, over concerns about potential US trade sanctions. Despite discussions surrounding the impact of... Read more »
meghna titas

Titas Economic Zone Gets Green Light as Meghna Group Strives for Timely Connections

The inability to secure essential gas and electricity connections has hindered the Cumilla Economic Zone (CEZ) from commencing production, according to Mostafa Kamal, Chairman and Managing Director of Meghna Group of Industries... Read more »
Transport chittagong

Water Transport Cell Faces Split as Chittagong Vessel Owners Go Solo

The Inland Vessel Owners Association of Chittagong, after breaking away from the Water Transport Cell, has begun allocating lighter vessels separately. The Inland Vessel Owners Association of Chittagong withdrew its membership from... Read more »
sheikh hasina begum rokeya day today

Bangladesh, Qatar Address Gaza Crisis, Emphasize Economic Support

On Tuesday (December 19), Prime Minister Sheikh Hasina emphasized the need for unity among Organisation of Islamic Cooperation (OIC) member states to establish peace in Gaza. The statement was made during a... Read more »
"NBR Plans Extended Tax Break on Foreign Loan Interest for Economic Relief"

NBR Plans Extended Tax Break on Foreign Loan Interest for Economic Relief

The National Board of Revenue (NBR) is considering extending the tax exemption on foreign loan interest payments from February 2024 to December 2024. In a circular on 28 November, the NBR exempted... Read more »
"Investment Corporation of Bangladesh Grapples with Unprecedented Losses and Repayment Challenges

“ICB Grapples with Unprecedented Losses, Repayment Challenges

The Investment Corporation of Bangladesh (ICB), a significant player in the nation’s capital market and non-bank financial institutions, faces a deepening financial crisis due to floor price restrictions preventing the sale of... Read more »