UAE-BD joint venture to invest $10m at BEPZA Economic Zone
Integrated Composite Industries Ltd, a UAE-Bangladesh joint venture company, has signed a land lease agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish a Fibre Reinforced Polymer (FRP) composite products, steel frame and accessories manufacturing industry at the BEPZA Economic Zone, reports UNB.Md Tanvir Hossain, Executive Director (Investment Promotion)...
Read more
Gold price jumps by Tk 2,216 per bhori
Gold prices in Bangladesh have been raised by Tk 2,216 per bhori, with the new rate for 22-carat gold set at Tk 2,61,040, Bangladesh Jewellers Association (Bajus) announced on Monday, reports UNB.In a statement issued in the morning, the association said the decision was taken in view of a rise...
Read more
Strict Coast Guard watch on sea and river routes
The Bangladesh Coast Guard seized banned fishing nets, fish and smuggled goods worth about Tk 175.1 billion in 2025.Since its establishment, the Coast Guard has been playing a vital role in maintaining security and law and order across the country's vast maritime territory, coastal regions and riverbank areas, says a...
Read more
Software cos face higher borrowing costs
NEW YORK, Feb 23 (Reuters): Software companies are delaying debt deals as higher borrowing costs and tougher scrutiny from lenders weigh on the sector, at a time when mounting pressure from artificial intelligence threatens their business models, industry sources said.Software firms both in the US and elsewhere have already paused...
Read more
Oil hovers near six-month high with nuclear talks and US tariffs in focus
LONDON, Feb 23 (Reuters): Oil prices steadied near a six-month high on Monday as the US and Iran prepared for a third round of nuclear talks while increased economic uncertainty was also in focus after the latest US tariff upheaval.Brent crude futures were up 9 cents at $71.85 a barrel...
Read more
