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Automotive & Logistics

Newly elected executive committee takes charge of AOAB

A 13-member executive committee which has been elected lately, began its journey at the Aviation Operators Association of Bangladesh (AOAB) office on...

Articulated bus plans dropped by the government

Plans on operating articulated buses on the Gazipur-Airport Bus Rapid Transit (BRT) route has been cancelled by the government. The new plan...

Working capital sought for survival by Western Marine Shipyard

Officials have stated that the Western Marine Shipyard, which was once famed for introducing Bangladesh as a shipbuilding country, is now struggling...

NBR urged by BRTA for advance income tax to be imposed on electric vehicles

The National Board of Revenue (NBR) has been requested by the Bangladesh Road Transport Authority (BRTA) so that advance income tax can...

Historic ruling grants the Bangladeshi ship breakers the right to sue their UK owners

Report from the Guardian on March 12th has noted that British shipping companies that sell old vessels to be scrapped cheaply in...

Two oceangoing dry bulk carriers launched by the Meghna Group

One of the country’s biggest business houses, The Meghna Group of Industries, launched two oceangoing dry bulk carriers in an attempt to...

The first phase of Diabari-Agargaon route of metro rail is apparent

After the installation of the last segment of the viaduct in Agargaon completed, the first phase of Bangladesh’s first metro rail project...

Rs 100 crore investment on EVs to be made by India’s Omega Seiki in...

Omega Seiki, an Indian automotive and rail parts manufacturer on 25th of February (Friday), announced their plans on investing Rs 100 crore...

Chinese firm brought allegation for not being paid in the Padma Rail Link Project

The Chinese contractor of the Padma Bridge Rail Link Project claimed an allegation against the authority for not paying for the finished...

Bangladesh-Japan agreement on mega infrastructure projects

New schedules for the implementation of five big infrastructure projects have been fixed jointly by Bangladesh and Japan on February 24 (Wednesday)...

ADB to facilitate $11.1b for infrastructure development

Bangladesh's leading multilateral development partner, the Asian Development Bank (ADB), will facilitate around $11.1 billion to Bangladesh from 2021 to 2023 under...

Saimon Global to represent Bangladesh as GSA for Singapore Airlines

Saimon Global Ltd  has recently received approval from the Civil Aviation Authority of Bangladesh (CAAB) to operate as Singapore Airlines'  General Sales...

ECNEC ratified a Tk169.19 bn project to develop Dhaka-Sylhet road

The Executive Committee of the National Economic Council (ECNEC) on 16th February (Tuesday) ratified a Tk 169.19 billion South Asia Subregional Economic...

Dhaka Bank inked deal with Rangs Motors

An agreement has recently been signed between Dhaka Bank and Rangs Motors. Dhaka Bank Ltd will provide Rangs Motors...

Bangladesh aims ship export target at $4 bn by 2025

The Bangladesh government has set an export target of $4 billion for the country's shipbuilding industry by 2025. The cabinet has recently...

Recent Article

Country’s imports from ACU nations increase by 23pc

Imports from the Asian Clearing Union (ACU) member countries increased by more than 23 per cent in the March-April period of this...

Bangladesh’s dry food export witnessed six times growth

Country’s export of the dry food items has made a significant six and half times growth, with a shipment of $243.47 million...

US apparel import from Bangladesh dropped by 8.55pc in Jan-March

Bangladesh’s apparel export to the United States dropped by 8.55 per cent in the third quarter (January-March) of FY2021 due to the...

Profit of the Kohinoor Chemical rise by 398pc in Q3

Kohinoor Chemical Company (Bangladesh) Limited, operating under the brand name of ‘Tiber’ posted a 398 per cent growth in earnings per share...

30% dividend approved by Delta Brac Housing for 2020

Delta Brac Housing Finance Corporation Limited’s (DBH) shareholders on May 6 unanimously approved a 30 per cent dividend, of which 15 per...

Dividends declared by MBL, AIBUL mutual funds

The two closed-end mutual funds, Mercantile Bank Ltd (MBL) 1st Mutual Fund and Al-Arafah Islami Bank Ltd (AIBL) 1st Islamic Mutual Fund’s...

United Power earnings doubled in Q3 after acquiring two power plant shares

In a filing with Dhaka Stock Exchange (DSE) on 4th May (Tuesday), United Power Generation and Distribution Company stated its earnings doubled...

Golden Harvest incurred loss in January-March period

In a filing with the Dhaka Stock Exchange (DSE) on 3rd May (Monday), the Golden Harvest Agro Industries posted that it lost...