Trade

Japanese-Bangladeshi REVIVAL Group to lease, restart BEXIMCO Textile Division

Japanese-Bangladeshi REVIVAL Group to lease, restart BEXIMCO Textile Division

Japanese–Bangladeshi fashion and sustainability venture REVIVAL Group Co Ltd and REVIVAL Projects Ltd will lease and restart the long-shuttered BEXIMCO Textile Division, according to a press release. The decision paves “the way for more than 25,000 workers to regain their jobs and rebu

NBR moves to make Bond Automation System compulsory after tiral

NBR moves to make Bond Automation System compulsory after tiral

The National Board of Revenue (NBR) is set to make the use of its Bond Automation System compulsory after nearly 10 months of trial implementation, as authorities believe mandatory adoption is essential to fully realise the intended efficiency, transparency and facilitation benefits for export-orie

3rd US wheat shipment reaches Mongla

3rd US wheat shipment reaches Mongla

A fresh consignment of wheat from the United States has arrived at the outer anchorage of Mongla Port, marking the third shipment under the government-to-government (G2G) purchase deal. The vessel, MV WECO TATI, is carrying 60,875 tonnes of wheat under cash purchase contract G to G-01, signed as p


'Employers prioritise problem-solving skills over grades'

'Employers prioritise problem-solving skills over grades'

Securing employment based solely on academic results has become increasingly difficult as employers now prioritise problem-solving abilities, said Dr Muhammad Fouzul Kabir Khan, Adviser of the Interim Government for the Ministries of Road Transport and Bridges, Railways, and Power, Energy and Miner

Bangladesh garment export to EU confronting crowding-out effect

Bangladesh garment export to EU confronting crowding-out effect

Bangladesh's garment export to the European Union faces crowding-out effect as major competitors, hitting US tariff walls, are making forays into the country's largest shipment destination, exporters say. China, Vietnam, Cambodia and Pakistan have incrementally raised their concentration on the Eu

Gold price drops by Tk 5,447 per bhori at week’s start

Gold price drops by Tk 5,447 per bhori at week’s start

After four consecutive hikes, the Bangladesh Jewellers Association (BAJUS) has reduced gold prices by Tk 5,447 per bhori, bringing the new rate for 22-carat gold to Tk 208,272 per bhori. The revised prices will take effect from Sunday, the association said in a statement on Saturday night, UNB rep

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