Bangladesh, Australia discuss potential for more cooperation

Bangladesh recently discussed the possibility of cooperating with Australia to explore offshore gas and renewable energy sources as a part of the country’s effort to ensure energy security and address the challenges of climate change.
21 February 2022, 18:00 PM

Long-awaited project to complete finally

After repeated revision of deadlines and costs, the long-awaited Joydevpur-Elenga Highway project is finally nearing completion and even at a slightly lower expenditure.
21 February 2022, 18:00 PM

Tk 1,059cr project in the offing to build 5G network

The government is undertaking a Tk 1,059 crore project to develop an optical fibre transmission network with a view to building 5G infrastructure all over Bangladesh.
21 February 2022, 18:00 PM

Invest to develop climate-smart agriculture

Agriculture Minister Muhammad Abdur Razzaque yesterday urged rich nations to invest more to invent climate-smart agriculture and food systems and support developing countries.
21 February 2022, 18:00 PM

Nagad-linked investors desperate for multipurpose NBFI licence

A group of investors linked with mobile financial service operator Nagad Ltd have turned desperate to obtain a multipurpose licence that does not exist in Bangladesh.
21 February 2022, 18:00 PM

Bangladesh capital market: Looking back and forward

Fifty years of Bangladesh is marked with a few significant achievements. The country became a $400-plus billion economy in 2021. Per capita income rose to $2,554 in FY21, which is higher than our neighbouring countries, including India.
20 February 2022, 18:00 PM

Now eggs become costlier

Consumers in Bangladesh who are already struggling to make ends meet following the recent rise in prices of various daily essentials are now being compelled to spend more on eggs and broiler chicken meat, the low-cost sources of protein.
20 February 2022, 18:00 PM

Realtors against including city corporations for construction approval

The government’s move to include city corporations in the approval process for construction in Dhaka directly contradicts its effort to improve the ease of doing business in Bangladesh, according to various realtors.
19 February 2022, 18:00 PM

Economy making a comeback: MCCI

Bangladesh’s economy is now rebounding from the pandemic-induced slowdown thanks to the government’s time-befitting steps alongside the implementation of stimulus packages, said the Metropolitan Chamber of Commerce and Industry (MCCI) yesterday.
19 February 2022, 18:00 PM

Cricket bat making hub battles to stay afloat

The cricket bat making hub that has boomed in the last three decades in Pirojpur’s Nesarabad upazila might soon go out of business as producers have been facing severe losses since the pandemic hit the country two years ago.
19 February 2022, 18:00 PM

Inflationary pressure major challenge for economy

Business leaders and bankers yesterday said the economy was facing various challenges, including inflationary pressure, which may weaken the ongoing recovery.
19 February 2022, 18:00 PM

BSEC eases SME board trading rules

The Bangladesh Securities and Exchange Commission (BSEC) has eased one condition for trading shares on the small capital board to bring about more vibrancy.
17 February 2022, 18:00 PM

The Great Resignation: Are we ready for it?

Patrick in the US recently quit his job and decided to do something new so that he can control his lifestyle.
17 February 2022, 18:00 PM

Timber trade in Nesarabad sees Tk 1,000cr annual sales

The timber trade that has been running on the banks of the Sandhya river in Nesarabad upazila of Pirojpur for decades has emerged as the largest hub for woods in Bangladesh.
17 February 2022, 18:00 PM

Construction approval: Realtors concerned over move to include city corporations

“If the city corporations become involved in giving permission for construction, it would have a negative impact on the housing industry,” said Alamgir Shamsul Alamin, president of the Real Estate and Housing Association of Bangladesh (REHAB).
17 February 2022, 18:00 PM

Rubber production grows on local demand, rising exports

Rubber production is growing in Bangladesh, buoyed by increased domestic use and surging exports, particularly to neighbouring India.
17 February 2022, 18:00 PM

Swedish envoy praises local garment factories for going green

Alexandra Berg von Linde, Swedish ambassador to Bangladesh, yesterday praised local companies for going green and expressed her desire to see Sweden’s green companies coming to the South Asian nation.
17 February 2022, 18:00 PM

Cut VAT on internet network devices: FBCCI

`The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to permit active Internet Connection Sharing (ICS) and reduce VAT on network devices to make internet services cheaper for the end users.
17 February 2022, 18:00 PM

Sugar production at state mills lowest in a decade

Production at state-run sugar mills is set to hit its lowest point in over a decade as sugarcane processing has fallen sharply amid reduced supply, according to the Bangladesh Sugar and Food Industries Corporation (BSFIC).
17 February 2022, 18:00 PM

Pension for all: Strategic paper presented to PM

Prime Minister Sheikh Hasina has given instruction to the Finance Division to enact a law -- on an emergency basis -- for introducing pension for all citizens of the country.
17 February 2022, 11:53 AM