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Protection, security for foreign investors

WHILE the government of Bangladesh was busy hosting the Investment Summit, the country witnessed the unfortunate incidents of vandalism at several outlets of Bata, KFC, and Domino’s Pizza under the pretext of the ‘Protest for Palestine’ on April 7, 2025. Although the government acted quickly to arrest the suspects involved in these events, its failure to...

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Bay Dev to use Anwar Group’s building materials

A memorandum of understanding has been signed between the Construction Materials Division of Anwar Group of Industries, the country’s leading local industrial conglomerate, and Bay Developments Limited, a renowned name in Bangladesh’s real estate sector...

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Respite from heatwave likely

The second spell of heatwave this month lasted three days as it ended on Tuesday with intermittent thunderstorms sweeping over parts of Bangladesh bringing rain, heavy wind and hailstorm...

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Upgraded unit-2 of Pahartali Textiles Inaugurated

Pahartali Textiles Limited in Chattogram has completed the modernisation of its unit-2 under the BMRE (balancing, modernisation, rehabilitation, and expansion) programme to enhance production capacity and efficiency...

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Govt should thoroughly investigate tawhidi janata

THEATRE group Prangonemor was forced to reschedule its production of Shesher Kabita after Mahila Samiti Mancha, the venue the group booked, had cancelled the event on threat from a group that identified it as ‘tawhidi janata.’ The threat, received on April 12, included warning of vandalism. Only after public protests by the group did the police and venue officials respond...

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Bangladesh Bank says forex reserve crosses $21b

Bangladesh’s gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $21 billion again, driven by strong remittance inflows and export earnings...

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UK trade envoy visits Unilever

Unilever Bangladesh Limited (UBL), a leading UK-based multinational and the country’s largest fast-moving consumer goods company, welcomed Baroness Rosie Winterton, the UK government’s trade envoy to Bangladesh, and Sarah Cooke, the British high commissioner to Bangladesh, to its corporate headquarters in Dhaka...

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Imtiaz new CFO of Summit Corporation Ltd

Imtiaz Ibne Sattar (Imtiaz) has recently been appointed as the chief financial officer (CFO) of Summit Corporation Ltd, subsidiary of Singapore incorporated Summit Power International Limited (SPI), the largest independent power producer (IPP) and a leading LNG infrastructure operator in Bangladesh...

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CUFL halts urea production amid sudden gas crisis

State-owned Chittagong Urea Fertilizer Limited at Anwara in Chattogram has suspended its urea production following a halt to gas supply Friday morning by the Karnaphuli Gas Distribution Limited despite having no supply shortage.

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Foreign investors find cheap labour attractive

Foreign investors attending the Bangladesh Investment Summit 2025 have said that cheap labour and tax breaks have made the county attractive to foreign businesses for investment.

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Professor Yunus joins main event of Bangladesh Investment Summit 2025

Chief adviser Professor Muhammad Yunus on Wednesday morning joined the main event of the Bangladesh Investment Summit-2025, a milestone event, reinforcing the country’s commitment to economic progress, investment-friendly policies, and long-term growth...

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BIFPCL reacts to ¶¶Òõ¾«Æ· report

The Bangladesh India Friendship Power Company Limited has sent a statement in reaction to the ¶¶Òõ¾«Æ· report published on March 29 titled ‘Power plants exaggerate bills.’...

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WB suggests reforms in four sectors

Bangladesh could attract significant investments and create millions of jobs by implementing essential reforms across four sectors, according to a World Bank Group report released today at the Bangladesh Investment Summit 2025...

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10-man Abahani beat Kings on penalties to reach final

Abahani Limited advanced to the Federation Cup final after a hard-fought 4-2 win on penalties over defending champions Bashundhara Kings in the Qualifier-1 match at the Shaheed Dhirendranath Datta Stadium in Cumilla on Tuesday...

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ADN Telecom, Telesat sign deal

ADN Telecom Limited and Telesat have signed and jointly announced a multi-year partnership to deliver Telesat Lightspeed low earth orbit connectivity solutions across Bangladesh and South Asia, said a press release...

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BB to set up Tk 900cr fund for startup: Mansur

Bangladesh Bank governor Ahsan H Mansur on Monday said that the central bank had taken an initiative to launch a special fund of about Tk 800 crore to Tk 900 crore to support startup...

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Bangladesh Investment Summit 2025 kicks off in Dhaka

Bangladesh Investment Development Authority executive chairman Chowdhury Ashik Mahmud Bin Harun on Monday said that the government was creating an ecosystem to make business operations in Bangladesh much easier...

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Remittance surges to $3.29b in March

Bangladesh witnessed a record-breaking surge in remittance inflow in March, receiving $3.29 billion—the highest ever in a single month, according to Bangladesh Bank data...

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Summit to change perception of global investors: BIDA

One of the main purposes of the Investment Summit is to change the perceptions of global investors toward Bangladesh, said Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority...

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Parvez shatters record as Abahani seal Super League spot

Parvez Hossain smashed the fastest fifty by any Bangladeshi across all formats as he reached the milestone in just 15 balls in Abahani Limited’s 10-wicket thrashing of Shinepukur Cricket Club in the ongoing Dhaka Premier Division Cricket League at the BKSP-3 on Sunday...

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