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GlaxoSmithKline mulling over business expansion in Bangladesh

GlaxoSmithKline mulling over business expansion in Bangladesh

GlaxoSmithKline (GSK), one of the world’s leading drug manufacturers, plans to expand its business in Bangladesh aiming to meet growing demand for pharmaceutical and healthcare products. Under the plan, the…

Mongla Port enjoys 15-year high anchoring last week

Mongla Port enjoys 15-year high anchoring last week

Bangladesh’s second largest sea port Mongla Port last week saw an anchoring of 15 goods-laden vessels, the highest in the past 15 years. Nine more vessels are also expected to…

Cotton consumption to rise on higher demand

Cotton consumption to rise on higher demand

Cotton consumption in Bangladesh is set to increase 2.73 percent year-on-year to 5.65 million bales in fiscal 2015-16 on the back of higher demand from garment manufacturers, a US agency…

Ease rules to attract more foreign funds in telecom

Ease rules to attract more foreign funds in telecom

The government should relax the rules to attract more foreign firms to invest in Bangladesh, said a report developed by Grameenphone and its major shareholder Telenor Group with the support…

Garment makers now look to conquer local market

Garment makers now look to conquer local market

After conquering the global apparel market, the country’s garment makers have now turned their attention to the domestic market, hoping to repeat their success. Over the last one year, at…

United Airlines resumes Doha, Muscat flights

United Airlines resumes Doha, Muscat flights

United Airways is set to resume flights on the previously-suspended Dhaka-Doha-Muscat route on Monday. The flight will take off from Hazrat Shahjalal International Airport at 12:50pm. The airline will also…

Summit signs hi-tech park deal with government

Summit signs hi-tech park deal with government

The government yesterday ( 28 June 2015) signed an agreement with Summit Technopolis to part-develop the hi-tech park in Kaliakoir. Summit Technopolis, a joint venture between local Summit Group and…

56 companies listed on bourses in four years

56 companies listed on bourses in four years

The stock exchanges added 56 new companies to their rosters in the last four years, the finance minister said yesterday (27 June 2015). Of the firms, 37 companies were listed…

Journey of Chapainawabganj mangoes starts , destination the UK

Journey of Chapainawabganj mangoes starts , destination the UK

Mangoes from Chapainawabganj yesterday started their maiden journey for the United Kingdom, where they would be stocked on the shelves of Walmart-owned supermarket chain Asda. Basirul Islam, owner of Barkullah…

A Silicon Valley-based company ready to help Bangladeshi youth

A Silicon Valley-based company ready to help Bangladeshi youth

The talented youth of Bangladesh can establish a firm foothold in business process outsourcing (BPO) globally with the help of Augmedix Inc, said a co-founder of the Silicon Valley-based healthcare company.…