President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Mahbubul Alam today urged the Turkish businessmen to invest in the promising sectors of Bangladesh.   The FBCCI president made this call in a courtesy meeting with Turkish Ambassador Ramis Sen at

Bangladesh is becoming an increasingly attractive destination for Chinese investment, AHM Jahangir, additional secretary of the Economic Relations Division (ERD), has said.   Speaking at the Belt and Road Initiative in Bangladesh Exhibition on Saturday as the chief guest, Jahangir

A multinational rail and shipping project linking India with the Middle East and Europe has been announced on the sidelines of the G20 summit in New Delhi in a step seen as a challenge to China’s economic ambitions in the region. The corridor, which would include India, Saudi

The US said it plans to sign a joint infrastructure plan with India, Middle Eastern countries and the European Union aimed at connecting them via a network of railways and sea routes, a development that comes as China builds its influence across the energy-rich region. The US has been

Global prices for staple foodstuffs have reached a two-year low in August, the United Nations' Food and Agriculture Organization (FAO) said on Friday. The organization's Food Price Index has not been on this level since March 2021 and has declined as much as 24% compared to

Two RoRo ferry services for carrying passengers and vehicles were inducted in inland water services for the first time. State Minister for Shipping Khalid Mahmud Chowdhury inaugurated the ferries at a ceremony at Hasnabad of Keraniganj in the capital this morning (September 7). Two

Venice plans to experiment with an admission fee of 5 euros ($5.35) for day trippers next year to try to manage the flow of tourists drawn to its historic canals, Reuters reported, citing the city council on Tuesday. The fee will be applied on a trial basis on 30 days next year,

Palestinian businesses warned Tuesday that an Israeli decision to suspend exports from the Gaza Strip put the Palestinian territory at risk of a “humanitarian catastrophe”. Israel’s army chief on Monday ordered, with the government’s approval, a halt to

'Walton Plaza Uthshob-2023' was held with a great enthusiasm. Over 600 managers of Walton Plaza from different regions of the country took part in the celebration event.  Among the participants, total of 144 sales executives and Plazas were awarded for their outstanding

Foreign Minister Dr. AK Abdul Momen has urged his Indonesian counterpart to facilitate the entry of Bangladeshi ready-made garment products into the Indonesian market.  During a meeting with Indonesian Foreign Minister Retno Marsudi in Jakarta on September 4, Dr. Momen expressed

Solomon Islands’ opposition leader Matthew Wale has called on the country’s police commissioner to “come clean” about whether China secretly shipped genuine firearms to Honiara last year after Al Jazeera uncovered new details about the shipment. Last week, Al

The importers are in trouble for not being able to sell onions due to the shortage of buyers at Dinajpur's Hili land port. According to information, due to excessive heat onions imported have rotted. In this situation, traders are selling these onions at the rate of Tk10 per kg.

Local flour millers are facing an existential crisis as substandard imported wheat bran has flooded the market, undercutting local producers.     Almost half of the flour mills have ceased operations after being unable to compete with the import of cheaper and low-quality

Remittance inflow declined by 21.47 per cent to $1.59 billion in August compared with that of $2.03 billion in the same month in the previous year, according to Bangladesh Bank data. The August figure was also lower than the previous month’s remittance earnings of $1.97 billion.

The Bangladesh Energy Regulatory Commission (BERC) has increased the price of a 12kg liquefied petroleum gas (LPG) cylinder by Tk144 to Tk1,284 for the month of September. In August, the price was Tk 1,140.  BERC chairman Nurul Amin announced the new price at a press conference

Several pump owners in the capital are not seen observing the indefinite strike which was called by a faction of fuel oil traders across the country from today (September 3) to press home their 3-point demand. On the first day of the strike on Sunday, several pumps were seen open in

A faction of fuel oil traders went on a strike at petrol pumps across the country from today (September 3) to press home their 3-point demand. The Bangladesh Petrol Pump Owners Association (BPPOA) since early August has been agitating for a 7.5 per cent  commission on fuel oil

A faction of Bangladesh Petrol Pump Owners Association (BPPOA) will go on a strike at petrol pumps across the country from Sunday (September 3) to press home their 3-point demand. The demands are setting the fuel oil sales commission at 7.50 percent, publishing gazette recognising

Bashundhara Group provided 95 percent of the cement used in the construction of Dhaka's first Elevated Expressway. The country’s first ever elevated expressway was inaugurated by Prime Minister Sheikh Hasina at 3:30 pm on Saturday. However, traffic movement will begin from

Mohamed Al Fayed, the former Harrods boss whose son Dodi was killed in a car crash alongside Diana, Princess of Wales, has died aged 94. Born in Egypt, he built a business empire in the Middle East before moving to the UK in the 1970s. However, he never realised his ambition to gain