ADC Anowar Pasha appointed as administrator for CCCI
The government has appointed Muhammad Anowar Pasha, additional divisional commissioner (general) of Chattogram, as the administrator for the Chittagong Chamber of Commerce and Industry...
Tags : industry
PMI improves in August: MCCI
The purchasing managers鈥� index increased in August by 6.6 points, but the economic indicators of August were on the downward trend, according to the latest reading of the PMI index published by the Metropolitan Chamber of Commerce and Industry...
App helps Mexican tortilla makers join digital economy
Long marginalised by the banking industry, Mexico鈥檚 neighbourhood tortilla producers are cautiously embracing financial technology, in a country where cash is still king for many...
Govt vows聽to protect factories from violence: Yunus
Noting that Bangladesh industry would reach new heights, chief adviser professor Muhammad Yunus on Tuesday said that his government was committed to protecting the factories from...
DCCI seeks increased credit flow to CMSMEs
The Dhaka Chamber of Commerce and Industry on Tuesday called upon authorities concerned to increase credit flow to the cottage, micro, small and medium enterprises...
Economy remained strained in Apr-June of FY24: MCCI
Bangladesh鈥檚 economy faced significant challenges in the fourth quarter of the 2023-24 financial year, with issues such as inflation, shortfall in revenue collection, slow public expenditure, depreciation of the taka and declining foreign exchange reserves continuing to exert pressure, according to the Metropolitan Chamber of Commerce and Industry, Dhaka鈥檚 economic review...
DBA for appointing DSE independent directors from varied sectors
Stockbrokers on Sunday demanded independent directors of the Dhaka Stock Exchange to be appointed from various sectors, including the Bangladesh bank, Bangladesh Supreme Court Bar Association, Federation of Bangladesh Chambers of Commerce and Industry and non-government organisations...
FBCCI members for resignation of president, directors
Some general members of the Federation of Bangladesh Chambers of Commerce and Industry, the apex trade organisation in the country, on Wednesday gave a 48-hour ultimatum to the federation board, including the president, to step down...
PMI falls by 27 points in July
Bangladesh Purchasing Managers鈥� Index in July plummeted by 27 points compared with that of the previous month, signalling a sharp contraction with a reading of 36.9 as the recent widespread unrests, leading to prime minister Sheikh Hasina鈥檚 resignation and the government鈥檚 fall, sharply contracted all key economic sectors...
MCCI for restoring law and order situation
The Metropolitan Chamber of Commerce and Industry on Wednesday underscored the need for restoring law and order situation in the country...
Law and order, economy need to be restored immediately: DCCI
The Dhaka Chamber of Commerce and Industry on Tuesday urged all concerned for an immediate formation and declaration of the interim government in a lawful manner to restore law and order and economy...
FICCI suggests steps to fully restore economic activities
The Foreign Investors鈥� Chamber of Commerce and Industry has recommended a list of measures to recover from economic losses amid unrests centring the quota reform protests...
Aviation trade show opens as firms face production woes
Global aviation鈥檚 biggest players gather at the UK鈥檚 Farnborough airshow on Monday as the aerospace industry struggles to keep up with demand...
RMG units start production, FBCCI demands port demurrage waiver
All export-oriented readymade garment factories reopened on Wednesday after a four-day closure since Saturday due to the unrest over the quota reform movement and curfew imposed by the government to control the situation...
BGMEA for keeping RMG industry out of purview of curfew
The Bangladesh Garment Manufacturers and Exporters Association on Sunday urged the government to keep the apparel industry out of the purview of curfew...
Medicine for all
THE pharmaceutical industry in Bangladesh has undergone an impressive transformation. The journey from being led by multinational companies to now local firms meeting 98 per cent of the domestic demand is nothing short of commendable. Along with being the largest white-collar employer in the country...
FBCCI for speedily implementing national single window
Federation of Bangladesh Chambers of Commerce and Industry president Mahbubul Alam on Monday put strong emphasis on speedily implementing national single window in order to simplify further import and export operations alongside expediting trade.....
DCCI for streamlining of tax system to improve compliance
Dhaka Chamber of Commerce and Industry president Ashraf Ahmed聽urged the government to streamline tax mechanism which will promote better understanding, easier compliance and reduce time, visit and cost...
Only traditional methods will not help growth: MCCI
The Metropolitan Chamber of Commerce and Industry, Dhaka on Thursday said that while Bangladesh was looking to boost its semiconductor industry, only traditional methods to build the industry might not bring the expected success, and could lead to disappointment...
FBCCI urges Chinese trade body for joint initiatives to explore potential
The Federation of Bangladesh Chambers of Commerce and Industry on Tuesday urged the China Chamber of International Commerce to undertake joint research initiatives with the Bangladesh鈥檚 apex trade body to explore the potential and opportunities in the information and communication technology, textiles and garments and light engineering sectors...
R&D should get priority in universities: experts
Experts on Saturday emphasised that both public and private universities need to prioritise research and development to cultivate skilled graduates capable of meeting both local and global market demands...
Fuel shortages a bitter pill for Cuba鈥檚 sugar cane industry
Cuba鈥檚 sugar cane industry, once the world leader, first lost the United States as its main client 60 years ago, then the Soviet Union three decades later...
Minimum wage proposed for ayurvedic industry workers at Tk聽11,000
The wages for workers and employees in the ayurvedic industry are set to increase 12 years after the last revision, with the minimum wage board finalising a draft proposal recommending a minimum monthly pay of Tk聽11,000 for the sector鈥檚 workers...
Traders for equal opportunity for small-scale importers
Traders on Saturday called for providing equal opportunity to small and medium importers in importing essential commodities to lessen dependence on a few corporate companies...
Time-bound action plans being formulated for leather industry dev: industries secy
Senior secretary of the industries ministry Zakia Sultana on Monday informed that time-bound action plans were being formulated for the development of the leather industry...
Bank sector needs overhaul to rescue economy
Economist Ahsan H Mansur on Wednesday said that the country鈥檚 economy would collapse if a strategy for restructuring the ailing banking sector was not taken straightaway...
Collaboration will be key for circularity, progress: Nanak
Textiles and jute minister Jahangir Kabir Nanak on Tuesday said that Bangladesh apparel industry had come a long way in terms of sustainability and collaboration would be a key for circularity and further progress....
Instability in tax policies deter FDI: FICCI
Instability in government policies and taxes discourages foreign investment in Bangladesh, according to the Foreign Investors Chamber of Commerce and Industry...
Justified govt spending needed to reduce tax burden on people: MCCI
The government should ensure that its project expenditures are justified and beneficial to the economy, which will help reduce the tax burden on people, according to the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI)...
FICCI for allocation for tax, VAT system automation
The Foreign Investors Chamber of Commerce and Industry has expressed concerns over lack of allocation or specific directions for the automation of tax, value-added tax and customs administration in the proposed budget for the 2024-25 financial year...