Bangladesh envoy in Colombo has sought for Sri Lankan collaboration in global apparel supply chain and logistics, reports UNB. High Commissioner Riaz Hamidullah on Sunday described Bangladesh’s vision and approach to multi-modal connectivity and outreach to South Asian region and beyond while…

Bangladesh and Austria have signed Air Service Agreement (ASA) for the first time aiming at operating cargo and passenger flights between the two countries, reports BSS. Bangladesh Civil Aviation and Tourism Minister AKM Shahjahan Kamal and Austrian Transport Minister Norbert Hofer signed the ASA in…

Speakers at a seminarin the city yesterday urged the government to form a price commission for agro products and pass an act on food and nutrition right to ensure food security in Bangladesh and make the agriculture sector profitable, reports UNB. They gave the observation that agriculture is the mainstay…

The government is going to import 77,000 metric tons (578,420 barrels) of diesel from India through rail wagon to meet the domestic demand of the petroleum for a period from May -December in 2018, reports UNB. According to official sources at the Energy Division, the state-owned Bangladesh Petroleum…

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday said banking sector should be further modernised as it can provide proper financial supports to the investors for accelerating industrialization, reports BSS. FBCCI said this at a meeting of its Standing Committee relating…

EU ministers yesterday will refine a last-ditch bid to persuade US President Donald Trump to back off stiff tariffs on metals imports from Europe and win the bloc a similar break as handed China, reports AFP from Brussels. Europe was hit by the shock tariffs in March, part of the protectionist president’s…

Japanese entertainment giant Sony yesterday unveiled a $1.9 billion deal to buy industry titan EMI Music Publishing, which has the rights to songs by the likes of Queen and Pharrell Williams, reports AFP from Tokyo. The deal adds a catalogue of more than two million songs—including some of the…

Institute of Chartered Secretaries of Bangladesh (ICSB) on Sunday urged NBR to reduce the individual tax rate from existing highest 30 per cent to 25…

China announced yesterday that it would cut tariffs on auto imports from July 1, the latest sign of a thaw in trade frictions with the United States, reports AFP from Beijing. Beijing has announced a flurry of liberalisations and reforms since coming under fire from the Trump administration and some…

Walton’ has brought 55 new models of fridges in the local market aimed at delivering most stylish fridges with advanced technologies to the customers following the upcoming Eid-ul-Fitr, the company said in a press statement. In addition, the local brand set a target of selling out about two lakh…

MJL Bangladesh Limited (MJLBL) has launched multi compartment delivery truck for the first time in Bangladesh to deliver lubricating oil to its industrial customer, said M Mukul Hossain, chief executive officer of MJLBL while disclosing the Q3 earnings of 2017-18 of the company in the capital recently,…