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Category Archives: All News

12 private economic zones in the pipeline

businessnews24bd.com Bangladesh Economic Zones Authority or Beza reviews proposals for 12 more private economic zones, a step further in creating jobs and attracting investment from both home and abroad. If the proposals get through, Beza will provide prequalification licences to the private companies to set up the economic zones in parts of the country. “Local companies have expressed their intention ... Read More »

World`s biggest aircraft takes maiden voyage

 BBC Online The world`s largest aircraft took to the skies for a successful maiden voyage – its first since being revamped in the UK. The 302ft-long (92-metre) Airlander 10 – part plane, part helicopter, part airship – loomed overhead at Cardington airfield in Bedfordshire as the sun started to set on Wednesday evening. Photographers and plane spotters baked in the ... Read More »

Action if agencies take money for jobs in Malaysia: Minister

businessnews24bd.com Legal action will be taken against the recruiting agencies which took money from people in the name of giving jobs in Malaysia as the country is yet to open its doors for foreign workers, the expatriates’ welfare and overseas employment minister said today. “We are in the dark about Malaysia as the manpower market there has not opened yet, ... Read More »

AL shows Tk 33 m surplus, BNP suffers fund deficit

businessnews24bd.com The country’s two major political parties, the ruling Awami League (AL), and Bangladesh Nationalist Party (BNP), submitted their financial statements to the election commission (EC) on Tuesday.  In its statement, the ruling AL has shown a surplus of Tk 33.8 million after the calendar year of 2015. The party earned almost Tk 71.2 million in 2015 and spent almost ... Read More »

PM opens Payra Seaport

businessnews24bd.com Prime Minister Sheikh Hasina formally inaugurated the operational activities of the third seaport of Bangladesh at Payra in Patuakhali today. She inaugurated the seaport through video conferencing from the Gono Bhaban in Dhaka. The Payra port started its experimental operations on August 1 by unloading stones for the Padma bridge project from the first ocean vessel MV Fortune Bird ... Read More »

Country`s first 8-lane highway launched

 businessnews24bd.com Prime Minister Sheikh Hasina inaugurated the country`s first eight-lane highway from Jatrabari to Kanchpur through a videoconferencing at Ganobhaban on Saturday.   From the same programme, Sheikh Hasina also inaugurated the construction works on a four-lane highway from Jatrabari intersection to Mawa, including Ikuria-Babubazar link, and upgradation of Pachhar-Bhanga highway with a separate service lane on both ways for ... Read More »

Payra Sea Port to open commercially Saturday

Patuakhali Correspondent Prime Minister Sheikh Hasian will inaugurate the commercial activities of Payra seaport, the country`s third seaport, on Saturday. The Premier will formally open the activities through unloading goods from a commercial ship through video conference. Prime Minister inaugurated Payra deep seaport site on November 19, 2013 and development work began soon after. Earlier in the same months, parliament ... Read More »

Bangladesh starts new fiscal with plummeting exports

businessnews24bd.com Bangladesh has started the 2016-17 fiscal with exports taking a hit in another blow after remittance from expatriates plummeted. The country earned over $2.53 billion in July, the first month of the new financial year, 3.5 percent down from the same month last fiscal year. The export in the month has missed the target by 25 percent. Economists and ... Read More »

Saudi lifts ban on BD workers

The Saudi Arabia Ministry of Labor and Social Development lifted the ban on the recruitment of Bangladeshi workers as of Wednesday, reports Arab News. The ban which was in force for the past six years excluded the Bangladeshi domestic help. Bangladesh Ambassador Golam Moshi told Arab News that this is good news for all prospective workers from the country. The envoy ... Read More »

BB sets forex rules for economic zones

businessnews24bd.com Bangladesh Bank yesterday issued a new notice on foreign exchange regulations for enterprises and developers in planned economic zones as the government seeks to attract more foreign  investors. The foreign exchange regulations applicable for units in the existing export processing zones will also be applicable for entities in EZs, if not otherwise directed by the BB. The central bank ... Read More »

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