Browse Category

News

Uzbekistan seeks Bangladeshi investment in textile sector    

The Government of Uzbekistan has invited Bangladeshi entrepreneurs to invest in the textile sector in Uzbekistan. During a meeting with Bangladesh Prime Minister Sheikh Hasina in Dhaka, the visiting Uzbek Minister for Foreign Economic Relations and Trade & Investment Elyor Majidovic Ganiev said the significant growth of textile and apparel industry in Bangladesh is an example which Uzbekistan could learn from Bangladesh. uzbek, bdMr. Ganiev said infrastructure is very cheap in Uzbekistan and urged Bangladeshi entrepreneurs to invest in the textil...

Bangladesh explores jute trade avenues in Oman

An eight-member team from Bangladesh Jute Mill Corporation (BJMC), the world's largest jute exporter, on Wednesday met the Oman Chamber of Commerce and Industry (OCCI) officials to explore business opportunities for jute products in oman. "The meeting was fruitful. The OCCI officials are very much keen on our products and business plans. They have agreed to organise awareness programmes, seminars, workshops, and exhibitions of jute products in Oman in the coming months," Major General Humayun Khaled (rtd), the chairman of BJMC, told in an exclusive interview with the Times of Oman.

Guardian editor joins CPJ board

Guardian editor Alan Rusbridger has joined the board of directors of the Committee to Protect Journalists, bringing his expertise and commitment to the struggle for global press freedom to the independent nonprofit organization. guardian editor"Alan Rusbridger has been determined and courageous in publishing some of the biggest stories of our time, including recent revelations of U.S. and U.K. mass surveillance for which the Guardian was recently awarded a Pulitzer Prize," said Sandra Mims Rowe, chairman of the CPJ board. "His expertise an...

Bangladesh to import Saskatchewan potash

Canpotex Ltd, a Canada based company will supply 120,000 metric tonnes of Saskatchewan potash worth US$ 40 million to Bangladesh next year. There’s also an option worth another US$20 million for an additional 60,000 metric tonnes of the pink mineral used in fertilizer. Premier Brad Wall was in Saskatoon when the Canadian Commercial Corp. and the Bangladesh Agricultural Development Corp. signed the deal. canpotexWall said the agreement will provide more jobs in the potash industry. He also said the deal was planted when he visited Bangladesh a few ...

Naphtha wins highest bid since March last year    

Bangladesh Petroleum Corp (BPC) is to sell 170,000 barrels of naphtha to Vitol Asia in May at a premium of $0.12 a barrel to Singapore quotes on a free-on-board (FOB) basis, a company official said on Tuesday. This is the highest tender bid BPC has received since March last year. Seven firms had competed for the tender, which opened on Tuesday, for the loading over May 10-12 from Chittagong. BPC logoUnipec came up with a discount of $0.38 a barrel while Itochu quoted a discount of $0.59 a barrel. Other participants included MRI tradin...

Metropolitan Chamber calls for income tax cuts

The Metropolitan Chamber of Commerce and Industry (MCCI) has recently called for cuts to both individual and corporate tax rates in Bangladesh, as part of its annual 2014/15 pre-Budget submission to the Government. taxDue to the cost of living increases suffered by families, while income tax thresholds have not kept pace, the MCCI is recommending that the initial tax-free income level should be increased to Tk. 275,000 (USD3,545) from Tk. 220,000 for individuals. In addition, to boost business growth and foreign direct investment, the MCCI suggests that the co...
Verified by MonsterInsights