Akij Essential’s product at DITF

Products of Akij Essentials are now available at the Dhaka International Trade Fair 2023 (DITF) through its two official stalls at product stall (Hall B, Stall: PS-55) and food stall (food court, Stall:14), a press release said Friday.  Akij Essentials has come up with exciting bundle as well as special

BRAC Bank gets maiden private sector financing from Jica

Japan International Cooperation Agency (Jica) on Thursday confirmed its first ever private sector financing in Bangladesh to Brac Bank. To honour its commitment to 3P Philosophy -- People, Planet and Prosperity -- and aiming, Brac Bank signed an agreement with Jica and another with Citibank NA for long-term loan facility totalling

BGMEA, SOWTEX to help connect more exporters

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and SOWTEX have signed another memorandum of understanding (MoU) to increase the collaboration between Indian fabrics and value-added material suppliers and Bangladesh's apparel manufacturers. Namely, they aim to boost collaboration in man-made fibers and cotton-based materials using SOWTEX Phygital (physical and digital bridge)

PM for raising purchasing power, domestic market expansion: Month long DITF-2023 inaugurated

Prime Minister Sheikh Hasina Sunday laid emphasis on expansion of domestic market and increasing purchasing power of people to make the local industry more effective. "Alongside the export, we have to put concentration on expansion of domestic market and increasing the purchasing power of people. It will make our industry

Kamal sees Q1 performance of FY23 budget satisfactory

The position of basic macroeconomic indexes including revenue collection, remittances, export growth, annual development programme (ADP) expenditure and money supply in the first quarter (July-September) of the running 2022-23 fiscal was satisfactory.This was stated by Finance Minister AHM Mustafa Kamal on Thursday in a report placed in the House on

Country significantly prone to recessionary risks: ICCB for appropriate steps required

Although Bangladesh may not go into recession, the country is significantly prone to many of the recessionary risks if appropriate steps are not taken to diversify the export product and basket and increase remittances through formal channels, said the International Chamber of Commerce-Bangladesh (ICCB) on Thursday.The ICCB in its latest