Korean company to set up manufacturing facility

In a major boost to Bangladesh's industrial landscape, South Korean company Park Handbag BD Ltd has signed a lease agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish a large-scale manufacturing facility at the BEPZA Economic Zone in Mirsharai, Chattogram.The agreement, involving a proposed investment of US$ 80...

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Govt approves Tk 1.0b subsidy, 20pc electricity bill rebate for marginal fish, livestock farms

The government has approved a Tk 1.0 billion subsidy and a 20 per cent rebate on electricity bills for marginal-level fish farms, hatcheries and livestock, and poultry farms to reduce production costs and stimulate investment in the sector.The Ministry of Fisheries and Livestock said on Monday that the decision was...

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Cocoa prices climb off two-year lows

LONDON, Jan 26 (Reuters): Cocoa futures on the ICE exchange climbed off two-year lows on Monday as dealers went bargain hunting in an oversold market that lost nearly 20% of its value last week. Cocoa demand has fallen sharply this season in response to the price surge seen over the...

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