Business

A significant achievement has been gained in the journey towards sustainable industrialisation, as the nation celebrates the certification of its 200th LEED Green Factory by the US Green Building Council (USGBC). This remarkable milestone underscores Bangladesh’s steadfast commitment to environmental stewardship, economic growth, and global competitiveness. LEED (Leadership in Energy and Environmental Design) certification is internationally recognised as a symbol ...

As traders are not fully prepared yet to market 100 percent of packaged soybean oil, the government will allow sale of loose soybean oil for six more months. However, the sale of loose soybean oil in the market will be completely prohibited after the next six months, said Director General of the National Consumer Rights Protection Directorate (NCRPD) AHM Shafiquzzaman. ...

Bangladesh in the current season has exported 2,700 tons of mangoes to 34 countries so far this year. According to the Ministry of Agriculture, the mango export rose by 1000 tons this year compared to the previous year. A total of 1,757 tons of mangoes were exported to 28 countries last year. According to the ministry, although there is a ...

Around 24,000 staff at British Airways will get a pay rise worth more than 13% over 18 months from September, the Unite union has said. Workers will also get a one-off payment of £1,000, but pilots and management are excluded from the deal, it said. The deal, after months of negotiations, eases the threat of disruption as demand for air ...

Global Business Conference-2023 will be held in Dubai from December 22 to 24. The theme of this year’s conference is “Think Bangladesh: Discover Higher Industry and Economic Development”. Business America, a US based magazine, is going to organize the conference this year in UAE, said a press release. This business conference brings an important opportunity for the enterprising industrialists of ...

The Argentine government said Friday it will use a loan from Qatar amounting to $775 million to make a payment to the International Monetary Fund as it awaits approval of a disbursement from the IMF for $7.5 billion. The credit operation would allow Qatar to lend Argentina Special Drawing Rights (SDRs, or money that countries reserve in the IMF) for ...

Newly elected FBCCI President Mahbubul Alam voiced his commitment to cultivate a smart business community that aligns with the country’s economic progression. “We are aware of the imported inflationary pressure stemming from the Russia-Ukraine war. Yet, Bangladesh has braved these challenges. Our goal is to attain smart economy. For this, we require a smart business community,” Alam told the Daily ...

The Asian Development Bank (ADB), as a transaction advisor for the Government of Bangladesh’s Rampura Amulia Demra Expressway public-private partnership (PPP) project, has mobilized $261 million of private sector capital for a four-lane, 13.5 km expressway. It will ease traffic congestion and provide better connectivity between the capital Dhaka and other major cities, reports UNB. The project is being funded ...

Liquefied Petroleum Gas (LPG) price has increased this time after seeing reduction on several occasions. Now, a 12kg LPG cylinder gas price has been fixed at Tk 1,140 increasing by Tk 141 at consumer level. Earlier, it was Tk 999. Bangladesh Energy Regulatory Commission (BERC) announced the rate of LPG gas Wednesday afternoon. The new price will come into effect ...

Bangladesh received inward remittances of $1.97 billion in July, the first month of Fiscal year 2023-24, which saw a decline on year-on-year basis by 5.86 per cent. According to Bangladesh Bank (BB) data, the expatriates sent $2.19 billion remittance in June last month of FY23, saw a fall by 10.27 per cent in July. Despite the fall in remittance inflow ...