Foreign investors allege investment hurdles in Bangladesh
Foreign investors allege investment hurdles in Bangladesh

Representatives of foreign companies have put the problems of investment in Bangladesh before the Chief Adviser to the Interim Government, Prof Dr Muhammad Yunus while having a meeting. In response, the CA said that he has ordered to bring all the companies under one umbrella to attract foreign...

BEZA frauds with investors
BEZA frauds with investors

Bangladesh Economic Zones Authority (BEZA) has been established to provide all kinds of facilities to investors to set up factories and ease the business process. For this, BEZA has undertaken the project of formation of Special Economic Zones and Economic Zones. BEZA started its journey in 2010 by...

Fire at Ctg EPZ factory under control
Fire at Ctg EPZ factory under control

A massive fire at a carton factory inside the Karnaphuli Export Processing Zone (EPZ) was brought under control involving eight fire service units and a Navy team on Saturday evening. The fire started at around 6:30 pm at the Unity Accessories factory and quickly spread due to the large amount...

Carton factory catches fire in CEPZ
Carton factory catches fire in CEPZ

A fire broke out at a carton factory located in the Chattogram Export Processing Zone (CEPZ) on Saturday evening. No casualty was reported in the incident. The fire originated at Unity Accessories housed on the third floor of a six-storey building around 6:10 pm. Chattogram Fire Service...

Chinese company to invest US$19.53m in Mongla EPZ
Chinese company to invest US$19.53m in Mongla EPZ

Bangladesh BaoRui Textile Co. Ltd., a Chinese company, is set to invest US$ 19.53 million in Mongla Export Processing Zone (Mongla EPZ) to establish a composite textile manufacturing industry. The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company on Monday...

Gas supply to remain off for 12hrs in Dhaka EPZ, adjacent areas
Gas supply to remain off for 12hrs in Dhaka EPZ, adjacent areas

Gas supply will remain suspended for 12 hours from 6pm on Thursday in different areas in Dhaka EPZ and Nabinagar-Chandra area for emergency works in gas pipelines. According to Titas Gas Transmission and Distribution PLC, the areas where gas supply will remain off from 6pm on Thursday to 6am...

Receiver appointments deepen industry crisis
Receiver appointments deepen industry crisis

There are numerous precedents for appointing receivers in industrial establishments in the country in the aftermath of various events. However, unfortunately, in almost every case, the outcome has been unfavorable. Many once-established industrial groups have turned into moribund enterprises after...

Biker, pillion rider killed in Chattogram road crash
Biker, pillion rider killed in Chattogram road crash

Two people including a motorcyclist were killed as the motorbike crashed into a lamp post on the Chattogram Elevated Expressway in EPZ area of Chattogram on Friday midnight, reports UNB. The deceased were identified as Md Moktar, 28 and Md Rubel, 36, residents of Sadarghat area. The accident...