□ Multifaceted factors influence LPG prices □ Highly completive market overburdened by high VAT and tax burden, regulatory expenses □ LPG price still cheaper in Bangladesh compared to other S Asia countries □ High transportation cost, logistic limitations remain a challenge

Faruque Hassan has been elected as the president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) for the term 2021-2023. He led Sammilita Parishad won the biennial election securing 24 posts of directors while the other panel, Forum Panel, led by ABM Shamsuddin

The government decided to announce a seven-day lockdown shortly, but the mills and industries will remain out of the ambit of the lockdown. The mills and industries will remain open to keep the cycle of economy unaffected, said state minister for Public Administration Farhad Hossain,

The leader of the south-central province of Khánh Hòa called on Indian investors to explore its potential and strengths and the cooperation opportunities available in localities during an online conference to promote cooperation between the two sides on Thursday (March 25).

Saudi Arabia is keen to invest $15 billion in Bangladesh. Not only Saudi companies are planning to invest in Bangladesh, but Bangladeshi entrepreneurs are also being encouraged to invest in the oil-rich country. Saudi Ambassador to Bangladesh Essa Yussef Essa Al Dulaihan expressed his

Bashundhara Group Chairman Ahmed Akbar Sobhan visited the head office of Agrani Bank in Dilkusha Commercial Area of the capital on Saturday. He held a view-exchange meeting with the bank Chairman Dr Zaid Bakht and its Managing Director Mohammad Shams-Ul Islam. Ahmed Akbar Sobhan

New Delhi: The Federation of Indian Chambers of Commerce & Industry (FICCI) and Boston Consulting Group (BCG) on Saturday unveiled 'India FinTech: A $100 Billion Opportunity' report. The report details the findings from the study that BCG and FICCI undertook to size the

India’s e-commerce market is expected to increase by 84 per cent by 2024 to $111 billion, according to a new report from global financial technology company FIS on Wednesday. The growth will be driven by mobile shopping, which is projected to grow 21 per cent annually over the

Warren Buffett has finally joined the exclusive $100bn (£72bn) club that includes Elon Musk, Jeff Bezos and Bill Gates. The 90-year-old is the chairman of investment firm Berkshire Hathaway, which has seen its shares rise to a record level this year. On Wednesday his net worth

Gold prices dropped by Tk 2,041 to Tk 71,150.40 a bhori (11.664 grams) in the local market on Tuesday. Bangladesh Jewellers Samity (BAJUS) took this decision to balance the market in line with the prices of gold in the international market, said a press release. The new prices came

India expects to start full-scale operations at Iran’s Chabahar general cargo port it has built by the end of May, the country’s shipping minister said in a boost for regional trade. India has been developing a part of the port on Iran’s south-eastern coast along the

Experts stressed use of synthetic threads in RMG sector to beat the global competition on the part of the country’s main remittance earning sector. Bangladesh is the second largest garments exporting country of the world, requiring it to divert to artificial thread to retain the

New Delhi: India and Philippines have signed a key enabling pact that will pave the way for government-to-government deals on defence equipment including the supersonic BrahMos cruise missile in the future.  The ‘Implementing Arrangement’ concerning the procurement of

The prices of gold decreased by Tk 1,516 to Tk 72,667 a bhori (11.664 grams) in the local market on Wednesday. Bangladesh Jewellers Samity (BAJUS) took this decision to balance the market in line with the prices of gold in the international market, said a press release. The new

Price hike of clinker, the main raw material for cement production, in the international market has affected the cement prices in the local market. Besides, increasing cost of freight on board (FOB) and cost & freight (CFR) fueled the cement price in Bangladesh. According to

MUMBAI: India’s Mukesh Ambani is back to being the wealthiest person in Asia, foreign media reported. Despite a brutal week for markets, his Reliance Industries Ltd. was relatively unscathed as it said it would spin off its oil-to-chemicals business into an independent unit. With

The Embassy of India in Nepal on Friday said that it has signed four Memorandums of Understandings (MoUs) with Nepal for the reconstruction of total 25 health posts “Twelve health posts are located in Dhading district and 13 are located in Sindhupalchowk district and these health

The government imposed a two-month ban on fishing, starting from Monday, in major five hilsa sanctuaries of the country in a bid to protect Hilsa fry. Public relations officer of the ministry concerned Md Iftekhar Hossain came up with this information on Sunday. The fishing,

Respondents also said market fraud and manipulation would remain the most critical ethical issue that the capital market would face in 2021 Regulatory initiatives and incentives will influence the stock market the most in 2021, according to the majority of respondents in a survey.

Indian High Commissioner to Bangladesh Vikram Kumar Doraiswami on Tuesday said India is very much interested in using the internal river routes of Bangladesh for goods transportation.    The High Commissioner paid a courtesy visit to Dhaka Chamber of Commerce & Industry