RMG export growth under threat on yarn price hike

The apparels export growth is now under threat on persistent yarn price hike in the local market, according to industry insiders.

GMG plans to buy 6 Boeings for $900m

GMG Airlines in a landmark move yesterday unveiled its plan to buy six new generation aircraft from US plane maker Boeing at $900 million (Tk 6,200 crore) in a bid to expand routes and capture the growing market share.

Shipbuilding cos get Tk 2000cr ( $ 285.7 million ) export order

Three largest shipbuilding companies in Bangladesh have got export offer of ship buildings of about Tk 2000 crore within three months, which shows a huge potentiality in this sector. This was told by KM Mahmood Ur Rahman, managing director of Highspeed Shipbuilding and Engineering Company Limited, at a press conference held at the Purbani Hotel on Saturday.

Burmese Rice Still Coming to Bangladesh

Dhaka: Bangladesh authorities are still importing rice from Burma on large scale daily through the Teknaf border point to fulfill their country's demand for the product, said a report. Last week, 2,604 metric tons of rice were imported from Burma to Bangladesh on board seven ships and 23 cargo boats, according to the report.

Processed spices market heats up

The country's processed spices market is heating up as big business houses battle to win shares in the booming market, which is growing by around 15 percent a year.

Oil Prices Slip From Record Levels

Oil prices retreated Friday after jumping as high as a record $111 a barrel in the previous session as investors fled the declining dollar in search of a haven in commodities, reports AP.

বিশ্বে বাড়ছে বাংলাদেশি পণ্যের বাজার

বিশ্বে বাংলাদেশি পণ্যের বাজার বেড়েই চলেছে। পাট ও পাটজাত দ্রব্য, ওষুধ, ক্ষুদ্র ও কুটির শিল্প, ফুল ও চামড়া রফতানি করে গত কয়েক বছরে বাংলাদেশে শুধু ব্যাপক কর্মসংস্থানই সৃষ্টি হয়নি, অর্জিত হয়েছে বিপুল পরিমাণ বৈদেশিক মুদ্রা। পাশাপাশি দেশে প্রয়োজনীয় সংযোগ শিল্প ব্যাকওয়ার্ড লিংকেজ ইন্ডাস্ট্রিজও গড়ে উঠছে ব্যাপক হারে।

Oil prices hover near 110 dollars

Oil prices were near fresh record levels of above 110 dollars in Asian trade Thursday, held up by the falling US currency, dealers said.

The continued rush of investors into commodities looking for a safe haven to hedge against inflation and the weakening dollar was also boosting crude prices, they said.

BB makes draft policy to appoint directors from bank depositors

Bangladesh Bank has set a draft guideline on appointment of directors from the depositors' side to ensure their representation for protecting their interests, according to sources.

The draft guideline will be published in newspapers soon to elicit public opinion before finalising it.

Banglalink subscribers double in 2007

Customers of Banglalink, the private mobile telephone operator, more than doubled in the year 2007 with a 116 percent growth to 7.1 million, forecasting to grab more than 22 percent market share by the current year.