Ding Yu (BD) Enterprise Ltd, a Chinese company, is set to invest US$ 28.92 million in BEPZA Economic Zone (BEPZA EZ) to establish a garments manufacturing industry. The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company on December 23, 2024, at the BEPZ
Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by slightly positive market outlooks for the short term and stronger US economic data, despite thin trade ahead of the Christmas holiday. Brent crude futures were up 33 cents, or 0.5 per cent, to $72.96 a barrel, and US West
Honda and Nissan are in talks to merge by 2026, they said on Monday, a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers now pose to the world's long-dominant legacy car makers, reports Reuters. The tie-up would create the world's third-largest auto group
The country's primary textile mill owners recently urged the government to allow the import of recycled plastics and textile waste with a 5 per cent specific duty, as well as sought policy support to encourage non-cotton garment manufacturing. They argued that these products could be used as impor
Union leaders in the readymade garment sector on Monday raised a number of demands, including a national wage structure for all sectors, a uniform labour law to ensure the rights of all workers, and addressing barriers to form trade unions. They also demanded wage hikes every two years considering
US investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect Donald Trump returns to the White House, putting the focus on whether the US economy can continue to outperform. The changing of the guard in
PRAN-RFL Group, one of the largest business conglomerates in the country, has unveiled its first-ever sustainability report for the year 2023. The report reflected the group's unwavering commitment to enhancing present well-being while securing a sustainable future for all, according to a media re
Shahjalal Islami Bank PLC has donated blankets to Bangladesh Thalassemia Hospital. On 23 December 2024, the SEVP and Company Secretary of Shahjalal Islami Bank PLC Md. Abul Bashar handed over the blankets to the Advisor of Bangladesh Thalassemia Hospital Mr. Syed Deedar Bakth through a program org
NRBC Bank PLC has started banking operations with all types of services in Amishapara Bazar of Sonaimuri Upazila of Noakhali. On Monday, December 23, 2024, Barrister AM Mahbub Uddin Khokon, member of the Advisory Council of the BNP Chairperson, former member of parliament and president of the Supr
Jamuna Bank has officially started its journey from today (Monday) to provide bancassurance services. As a result, customers can take various insurance policies of Delta Life through Jamuna Bank. This initiative aims to make insurance products and services easier for customers, according to a med
