Business

The newly elected Board of Directors of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by its President S.M. Mannan (Kochi), took charge of the trade body today for the term 2024-2026. Outgoing Board of Directors handed over the responsibility to the new Board at the 41st Annual General Meeting (AGM) held at BGMEA Complex in Uttara on Saturday ...

Elon Musk revealed Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as adoption of self-driving vehicles hits speed bumps over safety concerns. The billionaire boss of the electric car maker did not provide details, saying only in his post on X that the “Tesla Robotaxi unveil” will come on August 8, reports ...

The export-import between Bangladesh and India through Chapainawabganj’s Sonamasjid land port will remain suspended for seven days beginning from April 8 on the occasion of the holy Eid-ul-Fitr and Pahela Baishakh. However, movement of passport holders through the port will remain as usual. Sonamasjid Land Port C&F Agents Association president Harun-Or-Rashid confirmed the matter saying that all kinds of business ...

The National Board of Revenue (NBR) has decided to withdraw the tax exemption enjoyed by the Metro Rail authority from July this year. To this end, NBR sent a letter to Dhaka Mass Transit Company Limited (DMTCL) on Thursday. As per the new order, ticket price for the shortest distance, for example from Motijheel to Secretariat or TSC, will be ...

Bangladesh Bank for the first time in 16 years, auctioned 25 kilogrammes of gold for around Tk 18 crore on Wednesday, reports UNB. The central bank was keen to auction the gold in late 2022 but failed to find the expected buyers. “Bangladesh Bank sold 25.312 kg of gold in different qualities for Tk 17.99 crore. After completing all the ...

Bangladesh Energy Regulatory Commission (BERC) lowered the price of liquefied petroleum gas (LPG) on Wednesday by Tk 3.34 per kg, setting the new rate at 120.18 per kg, down from previous Tk 123.52. The new price will be effective from 6pm today. As per the new price chart, the consumers have to pay Tk 1,442 for a 12 kg LPG ...

Readymade garment employees are demonstrating in Gazipur’s Konabari for the second consecutive day on Tuesday demanding due salaries and Eid bonus. Around 8,000 employees of Keya Knit Composite Ltd took to the street, blocking Kashimpur regional road. The protesting workers alleged that the owners did not pay their February month’s dues and Eid bonus. They said that they will continue the protest until ...

Bangladesh received remittances of around $1,996.85 million sent by Bangladeshi expatriates during March in the fiscal 2024-25. According to the available data from Bangladesh Bank (BB), state-owned banks brought in $261.77 million while 43 private sector banks brought in $1691.70 million in remittances. Among them, the highest $491.79 million remittance came to the country through Islami Bank Bangladesh PLC. State-owned ...

  Bangla Mirror Desk:   Bangladesh Caterers Association (BCA), an organization representing the curry industry in the UK, organized a press conference and Iftar mahfil to mark the initiative to raise awareness among restaurant workers about NHS’s Mental Health Services Awareness Campaign – Talking Therapies service. The Prime Minister’s International Trade Envoy to Bangladesh Tom Hunt MP, Deputy Mayor of ...

Chinese company Taisheng (Bangladesh) Webbing Co Ltd is going to set up a Shoe, Bag and Garments Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ) with an investment of US$ 6 million. Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Li Yecai, Managing Director of Taisheng (Bangladesh) Webbing Co Ltd signed the agreement on behalf of their respective ...