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Bata appoints Sandeep Kataria as new Global CEO

The Bata Shoe Organization, one of the world's leading manufacturers and retailers of quality footwear, on 3 December 2020 (Tuesday) announced the...

Central Bank rescheduled loan facility for rawhide traders to December 30

The central bank extended the timeframe of relaxed loan rescheduling facility for rawhide traders for the second time by another two months...

Apex Tannery signs contract with 3 companies to sell finished leather

The board of directors of Apex Tannery Limited has decided to enter into a contract with three companies to sell its finished...

Apex Footwear offers lowest dividend in 12 years as earning declines by 48%

Net profits of Apex Footwear, country's one of the largest footwear company, witnessed a sharp decline by 48.49% in the fiscal year...

Bata Shoe revenue dropped 85% in Q2 of 2020

Bata Shoe Company's revenue plunged drastically in April-June, 2020 quarter due to lower sales amid Covid-19 pandemic. The footwear giant also incurred...

BB relaxes loan rescheduling facility on easy terms for tanners

The tanners will be able to reschedule their loans before Eid-ul-Azha with a down payment of 2 per cent of the balance...

Chinese company to set up $1.02m leather industry at Chattogram EPZ

The Bangladesh Export Processing Zones Authority (BEPZA) and Chinese company M/s Unicorn Leather Goods Factory Limited signed an agreement on Wednesday (June...

Leather & footwear sector also hit by COVID-19

Exporters involved in crushed leather and leather goods business have suffered financial losses worth above $250 million as the trade with major...

Fashion & Boutique industry to loss Tk 2,000 crore

The fashion and boutique industry are also reeling the pressure of the business continuity after losing their seasonal sales of Pahela Baishakh...

Sundora opens second outlet of global fragrances brands

Sundora has open its second outlet with several renowned international brands in Casablanca, Gulshan on Thursday (March 12). The event graced with...

Bata signs Mehazabien and Siam as Brand Ambassador

Bata Bangladesh recently signed country's top model & actress Mehazabien Chowdhury and top model & actor Siam Ahmed as Brand Ambassador...

Synthetic & fabrics footwear, bags exporters to get 15% subsidy

Footwear and bags, made of synthetic or fabrics, will get 15 per cent export subsidy from this fiscal year (FY), 2019-20, as...

Fashion e-commerce ‘Jhalmuri’ starts journey in Bangladesh

Fashion based e-commerce site Jhalmuri Bangladesh has begun its operations in Bangladesh. Three young entrepreneurs Mohaimin Mostafa, Raef Mohsin and Tanzim Shams...

ISHO launches Bluetooth Ottoman furniture

Designer furniture manufacturer company ISHO launched Bluetooth Ottoman furniture designed for home theatre experience, to mark their maiden participation in the Dhaka...

Govt. launched $10m export readiness fund to support four sectors

The commerce ministry with support of the World Bank Group on Sunday launched a $10million Export Readiness Fund (ERF) with the aim of developing...

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...