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Chinese company to invest $28.20m in Uttara EPZ

A Chinese company is going to invest USD 28.20 million to set up a Dyed Textile Yarn manufacturing industry in Uttara EPZ. In this regard, Bangladesh Export Processing Zones Authority (BEPZA) and Chinese company M/s. United Spinning and Dyeing Ltd signed an agreement at BEPZA Complex in the capital on Monday, says a press release. Ali Reza Mazid, member (Investment ...

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US-Bangla Airlines to operate daily Bangkok flight from Dec 1

US-Bangla Airlines, the largest private carrier in terms of fleet size, will operate its Dhaka-Bangkok-Dhaka flight daily from December 1 from existing five-weekly flight. In response to heightened passenger demand the US-Bangla airlines has decided to increase its flight frequency on Dhaka-Bangkok-Dhaka route. On every Sunday, Tuesday, and Thursday from December 1 the flight will depart from Dhaka at 11:45am ...

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Gold price marks new record with Tk 1,06,376 per bhori

The gold price hit a record high of Tk 1,06,376 a bhari (11.664 grams) on the local market as Bangladesh Jeweller’s Association (Bajus) has decided to increase the price of gold Tk 1,750 per bhori. Earlier, the price was Tk 104,626 per bhori (11.664 grams). Bajus has issued a press release on Saturday in this regard. As per the new ...

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Biman to start Dhaka-Chennai flight from Dec 16

Biman Bangladesh Airlines has decided to spread its wings to south Indian city Chennai from December 16, especially to facilitate Bangladeshi medical service seekers. “It’s a much demanded route for Bangladeshi nationals to India and we have decided to operate three weekly flights on Dhaka-Chennai-Dhaka route,” said Biman Managing Director and Chief Executive Officer (CEO) Shafiul Azim, reports BSS. The ...

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Tesla to double its components imports from India: Trade Minister

US electric car maker Tesla Inc is planning to double the number of components it imports from India, Indian trade minister Piyush Goyal said on Tuesday through a post on social media platform X. “Proud to see the growing importance of Auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its ...

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TCB starts selling oil-potato-onion-lentils in trucks

The state-owned Trading Corporation of Bangladesh (TCB) started selling soybean oil, potato, onion and lentils at a subsidised prices in trucks in the capital on Tuesday (November 14). Commerce Secretary Tapan Kanti Ghosh inaugurated the sale programme in front of TCB Bhaban in Karwan Bazar. Consumers will be able to buy soybean oil at Tk 100 per litre, potato at ...

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Former FTX executives team up to launch new crypto exchange

As Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, awaits ruling in an ongoing trial, a group of former FTX executives, including one who served as a key witness against Bankman-Fried, are reportedly plan to launch a new cryptocurrency exchange. Ex-FTX general counsel Can Sun and other former company executives aims to solve the problems that doomed their previous ...

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TCB’s oil-potato-onion-lentils will be available from Tuesday without card

The state-owned Trading Corporation of Bangladesh (TCB) will start selling soybean oil, potato, onion and lentils at a lower price in 25-30 trucks to consumers in the capital from Tuesday (November 14). To stabilise the prices of the commodities in the market, this initiative has been taken, said Senior Commerce Secretary Tapan Kanti Ghosh at a press conference in the ...

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Garment factories will remain closed until vandalism stops: BGMEA

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday said the authorities can keep their factories closed until vandalism stops and law enforcement agencies can ensure adequate security of the factories. The authorities can do so under Section 13 (1) of the labour law to protect the industry and property, BGMEA President Faruque Hassan said at a press conference ...

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