Industries

Industries

Investment summit / Tk 3,100 crore promised: BIDA

The recently concluded Bangladesh Investment Summit 2025 has yielded investment declaration worth Tk 3,100 crore, says Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority (BIDA).

1d ago

Forex reserves cross $21b again

Bangladesh's foreign exchange reserves crossed $21 billion yesterday after almost 10 months thanks to an increased inflow of foreign currency generated by remittances and export earnings.

1d ago

New industrial, captive gas users to pay 33% more

From now on, new industrial connections will be charged Tk 40 per cubic metre

1d ago

Eastland Insurance reports 6% profit fall in 2024

The insurer attributed the drop in EPS to a decline in net profit after tax.

2d ago

Increase imports of US goods to reduce trade gap: textile millers

They also suggested increasing US content in manufactured goods to 20% to qualify for reduced tariff rates

2d ago

Nearly half of Bangladeshi homes still without internet access: BBS

Internet usage at the household level has steadily increased in recent years.

2d ago

Stocks turnover hits six-week high

The Dhaka Stock Exchange ended the week on a strong note, with turnover reaching Tk 540 crore yesterday — the highest in one and a half months..This marked a 2.46 percent increase from the previous day’s trading, reflecting a slight uptick in investor activity..The pharmaceuticals se

4d ago

Chittagong Chamber wants widening of tax net

The CCCI submitted 114 proposals for the upcoming budget

4d ago

Dhaka stocks snap losing streak

The prime bourse of Bangladesh returned to the positive yesterday after a three-day losing streak, as optimistic investors cautiously channelled funds into select stocks to secure short-term gains amid concerns over US tariff hikes..The DSEX, the benchmark index of the Dhaka Stock Exchange

5d ago

Power producer to sell directly to consumer

Bangladesh is getting into the merchant power generation model for the first time with the signing of a memorandum of understanding between an electricity buyer and seller for a solar power plant. It is a model which allows a power producer to sell directly to the consumers.

5d ago

Govt approves export of 25,000 tonnes of aromatic rice

The interim government yesterday approved the export of 25,000 tonnes of aromatic rice by 133 companies.. Among the companies, Square Food and Beverage, Pran-RFL Group, Akij Essentials Ltd, and Mother Moon Enterprise received approval to export 500 tonnes each.. Meanwhile, Tanveer Fo

5d ago

Holcim Group reaffirms commitment to Bangladesh market

Regional head of Holcim Group meets chief adviser

5d ago

Chief adviser seeks greater collaboration with UK

UK trade envoy calls on Prof Yunus

5d ago

China’s Handa Industries to invest $150m in Bangladesh’s textile, garment sectors

Handa Industries Limited, a renowned China-based apparel manufacturing company specialising in high-quality knitted textiles, dyeing processes, and garments on a global scale, is set to invest $150 million in Bangladesh..Of the total investment, $100 million will be allocated to the textil

5d ago

UK firms want to invest $50 million in Bangladesh's stolen asset recovery drive

They expressed interest during BB governor’s recent visit to London

5d ago

Reckitt Benckiser declares 3,330% cash dividend

Reckitt Benckiser (Bangladesh) has announced its highest-ever dividend payout despite a fall in annual profit.

6d ago

Stock indices fall across the board

The stock market in Bangladesh has further declined amid escalating concerns over tariff hikes by the US, which have adversely impacted the majority of economies worldwide to varying degrees and resulted in retaliatory duties.. Since the implementation of the new tariffs last Wednesday, th

6d ago