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The Financial Express

Yabang Group plans $1b investment in BD

Yabang Group is planning to invest in building a large scale industrial park in Bangladesh Chairman of Yabang Group Xiaochu Xu on Thursday met Bangladesh Ambassador to China Mahbub Uz Zaman at his office in Beijing and discussed investment plans...

Due to high risk of getting infected with coronavirus on public transports, many city-dwellers now consider bicycle as their preferred mode of transport to go to workplaces or other destinations. As almost all the offices have reopened after Eid-ul-Fitr and cases of Covid-19 have risen, many office-goers are in dilemma about getting on public buses where social distancing guidelines are hardly maintained. Against the backdrop of a changed scenario of maintaining distance with others and increased sense of hygiene among conscious people, the demand for bicycles has increased in recent weeks, bicycle traders said. President of the Bangladesh Bicycle Merchants, Assembling & Importers Association (BBMAIA) Mizanur Rahman Babul said bicycle outlets have started opening shutters after Eid and seeing potential...

Use of rail cargoes to halve import cost

Transportation of goods through rail cargoes on the Benapole-Petrapole route could reduce the import cost of goods by 50 per cent and ensure fastest delivery after customs assessment, customs authorities said. The time needed for importing goods, including transportation and...