Business

In light of the ongoing global situation, the United Arab Emirates, Kuwait, Bahrain and Qatar have temporarily closed their airspace. For this, schedules of several flight from Dhaka to these destinations have been changed and some flights have been temporarily disrupted. Specially, authorities changed the flights schedules on Sharjah, Bahrain, Kuwait, Doha, Abu Dhabi and Dubai routes. These flights have ...

Bangladesh has made a notable impact at this year’s China-South Asia Expo, demonstrating its growing commitment to regional economic cooperation and trade expansion, report UNB. The country’s significantly expanded presence reflects a strategic push to strengthen partnerships across South Asia and beyond. Compared to previous years, Bangladesh’s participation has seen a sharp increase. “Last year, Bangladesh had fewer than 10 ...

Remittance inflow from overseas Bangladeshis reached nearly Tk 22,700 crore in the first 18 days of June, according to Bangladesh Bank. The country received about 1.86 billion dollars through official banking channels during this period, averaging 103.3 million dollars daily. Since the start of the current fiscal year in July 2024, total remittance has crossed 29.36 billion dollars, up 27.3 ...

In Bangladesh’s thriving garment sector, where sustainability and global competitiveness are increasingly critical, Blue Dream Group stands out as a model of responsible success. With over 16 years of industry experience and a clear commitment to ethical manufacturing, the company has solidified its place as a trusted partner for clients worldwide. Founded in 2010 by visionary entrepreneur KSM Shopnill Chowdhury ...

The government is concentrating on four key priorities to create a more business-friendly environment for investors, said Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of Bangladesh Investment Development Authority (BIDA) and Bangladesh Economic Zones Authority (BEZA), reports BSS. In an interview with BSS at Investment Building in Dhaka, he said the focus areas include accelerating high-impact investment projects, improving and ...

The amount of money deposited in Swiss banks under Bangladesh’s name has surged dramatically, according to the latest data released by the Swiss National Bank (SNB). The central bank of Switzerland published its annual report on liabilities and assets held by Swiss banks for countries worldwide for the year 2024. The report reveals that by the end of 2024, Swiss ...

A “dismal” month for supermarkets led to retail sales falling in May at the fastest pace for more than a year, the UK’s statistics body has said. Sales volumes dropped 2.7% in May, the biggest monthly fall since December 2023, according to the Office for National Statistics (ONS). Food retailers saw lower sales of alcohol and tobacco as households cut ...

In the wake of Eid, retail markets in Dhaka are witnessing rising prices of rice and beef, while broiler chicken and eggs are now available at lower prices. With fish prices relatively stable, many shoppers are breathing a sigh of relief. Traders report that rice prices have surged at wholesale hubs across the country. According to Dhaka-based retailers, rice mill ...

The World Bank on Thursday approved $640 million in loans to Bangladesh for two projects to support the country in enhancing its gas supply infrastructure and improving air quality. The Energy Sector Security Enhancement Project ($350 million) will help improve gas supply security by facilitating access to cost-effective financing for Petrobangla, a state-owned company. A World Bank press release confirmed ...

The Asian Development Bank (ADB) on Thursday approved a $400 million loan to help Bangladesh strengthen its resilience to climate change, reduce emissions in critical sectors, and promote inclusive growth. This funding supports the second phase of the Climate-Resilient Inclusive Development Program (CRIDP), which also includes nearly $113 million in cofinancing from the Agence Française de Développement and $400 million ...