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bangladesh

BD wants next US administration to lower trade barriers

As the United States goes to the polls in two days, Bangladesh hopes that the next US administration would relax its protectionist measures to encourage higher consumer spending in its retail economy. Despite the South Asian country strengthening its ties with China, security and strategic experts in Bangladesh hope that the US would make room for the Bangladeshi economy to prosper with more trade preferences and less political prejudice. Bangladesh is of “deep strategic interest” for the United States from a security perspective. usbd...

Axiata Chief discusses digital future with Robi talents

Axiata Managing Director/ President and Group Chief Executive Officer (GCEO), Tan Sri Jamaludin Ibrahim has urged Robi talents to lead the company’s drive towards delivering on Axiata Group’s vision of becoming the Next Generation Digital Company by 2020. He made this appeal to the Robi talents over an inspirational session that took place recently at a city hotel. Axiata’s Managing Director/ President and GCEO recently visited Bangladesh along with the Axiata Senior Leadership Team members to review Robi’s business operations. Axiata’s CEO for the South Asian Region, Dr. Hans Wijayasuriya; Group Chief Talent Officer,

Bagdoom becomes sponsor for Rajshahi Kings

Bagdoom.com, the leading lifestyle e-commerce platform of Bangladesh has become the sponsor for Rajshahi Kings, the Rajshahi based franchise cricket team for Bangladesh Premier League (BPL) 2016, in the top professional cricket league, running for the fourth season this time. On sponsoring the team, Bagdoom.com has earned the exclusivity of merchandising rights for online sale of the Rajshahi King’s apparel and other products on their website. The deal was closed through a signing ceremony held at Bagdoom’s Head Office at Gulshan 1 of the capital. Syeda Kamrun Ahmed Chief Executive Officer of Bagdoom.com and Mayeen Chowdhury,

Shakib shakes hand with 40 years of writing heritage

Established in 1976 Linc Pens today has become a global leader in writing material industry. The organization recently reached an agreement with the ‘World’s No. 1 All-rounder cricketer’ Shakib Al Hasan as its Brand Ambassador. In this regard Linc Pens’ the only importer since 2007 in Bangladesh, Choice Group commenced its 25th special annual sales conference and also introduced Mr. Sakib Al Hasan as its Brand Ambassador at the conference room of Local Government Engineering Department (LGED) Bhaban, Agargaon, Dhaka on Saturday. Ambassador Shakib Al Hasan of Linc Pens and Plastics Limited, Mr. RohitJalan, Director of Linc Pen & Plastic Ltd., Kolkata, Mr. Vinay

INVL Tech to open businesses in Bangladesh

Companies controlled by INVL Technology, which invests in IT businesses, are expanding international activities. The NRD group of companies, which already last year began implementing projects in Bangladesh, and the cybersecurity firm NRD CS in October of this year started the process of registering the new NRD Bangladesh Ltd, completion of which is planned by year-end. Once this new firm is established, companies controlled by INVL Technology will have representation in nine of the world’s countries. To date they have a corporate presence in Lithuania, Latvia, Estonia, Moldova, Norway, Tanzania, Rwanda and Uganda. ‘We’re continuing the active investment phase, seeking to invest in national-level businesses

BD imports from top 10 source countries more than 67pc

67 per cent imports of Bangladesh are now coming from top 10 source countries. In the last fiscal year (FY) 2015-16, the countrys total exports were valued at $36.75 billion. This excludes that of the Export Processing Zones, according to the Bangladesh Bank (BB) data. In FY16, the actual import payments, in free on board value, stood at $39.71 billion. On the moneyother hand, China followed by India were the largest source of the countrys imports. In the last fiscal year, imports from China stood at $9.64 billion which was $8.2...
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