Alibaba-owned Daraz accused of evading Tk 64cr tax
The revenue authorities of Bangladesh have filed a case against Daraz, the country’s leading online marketplace and logistics company owned by China’s Alibaba ...Details
BGMEA wins US award for green initiatives
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been awarded the 2021 USGBC Leadership Award by the US Green Building Council (USGBC) for green ...Details
Bangladesh relaxes restrictions on raw gold imports
The government has adopted a new policy, allowing the local jewellers for the first time to import raw gold and refine it.
At the same time, jewellers can sell ...Details
RMG accessory makers take a hit as raw material prices skyrocket
It's a paradox. Garment accessories and packaging makers are now losing money even though apparel exports are climbing.
The explanation is simple: prices of ...Details
Net foreign investment rises 32% in 10 months
Net FDI increased by 32.12% to $1.46 billion in Jul-Apr FY21
Total investment during the period was $2.995 billion
This is 7.85% more than investment in Jul-Apr ...Details
