Business articles


FBCCI invites Chinese investment in textile

FBCCI invites Chinese investment in textile

Business Desk FBCCI President Md Shafiul Islam (Mohiuddin) urged the visiting Chinese business people to invest in Bangladesh in the infrastructure development, equipment manufacturing, light industry, electronics and textiles sectors. The FBCCI Chief invited the Chinese Delegation for investment at discussion between the FBCCI leaders and the visiting Chinese Delegation from Jilin Province held at


Artificial method to boost Hilsha stock

Business Desk Bangladesh Fisheries Research Institute (BFRI) has been carrying out intensive research to cultivate Hilsha in the hatchery by producing larvae from the eggs using artificial methods in a bid to increase the production of the national delicious fish. BFRI in association with WorldFish, a Malaysia-based research organisation, has been conducting the research, said


Graft deters foreign investment

Business Desk Corruption, cumbersome customs procedures and poor sanitary and phytosanitary standards are major barriers to attracting foreign direct investment to the country, said the US ambassador to Bangladesh yesterday. “Fewer problems, no corruption and quicker electricity and gas connections are Bangladesh’s selling points to foreign investors,” said Marcia Bernicat. She said other factors acting


Seven Rings Cement pays homage to infrastructure dev authorities

Business Desk Seven Rings Cement organised a programme to pay homage to the country’s top infrastructure development authorities for their contribution to building the nation. The event, titled “Tribute to nation builders”, took place at Radisson Blu Dhaka Water Garden Hotel on Thursday. Officials of Bangladesh Bridge Authority, Bangladesh Power Development Board, Bangladesh Railway, Bangladesh


FBCCI leaders for hassle free tax collection

Business Desk Leaders of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the National Board of Revenue (NBR) that the new income tax act which would be formulated to replace the existing one should be business friendly and ensure hassle-free tax collection. FBCCI came up with the suggestion at a discussion on formulation


Premier Bank celebrates 18th anniversary

Business Desk The Premier Bank Limited celebrated its 18th anniversary at bank’s head office in Dhaka on Thursday with a commitment to serve the people and contribute to national development, the bank said in a statement. State Minister for Ministry of Finance MA Mannan, MP, was present as chief guest while Chairman of the board


“Thousand Miles Expedition Bangladesh” organized by Basecamp BD

Business Desk Basecamp Bangladesh Ltd, the adventure and outdoor activity organization of Bangladesh, is going to organize “Thousand Miles Expedition Bangladesh” to highlight Bangladesh on the global platform from a new perspective. Organizer made the disclosure at a meet the press ceremony held at the VIP auditorium of “Dhaka Challenge 2017″ in the city on


Western Marine builds two ships for Indian firm

Business Desk The shipbuilding sector of Bangladesh has an immense opportunity to work with India as the neighbouring country is set to expand water-based cargo movement targeting huge growth in infrastructure development. India’s current government has given importance to bringing a model shift in the transport of cargo from road to rail and rail to