External debt repayment rises 16pc

Bangladesh’s external debt repayment has increased gradually in recent times aided by an inflow of a huge amount of foreign loans from multilateral and bilateral partners in the forms of project aid and budget support.
27 January 2022, 18:00 PM

Finally, businesses get guidelines to invest abroad

The central bank yesterday issued rules allowing local firms to invest in other countries in a major move towards capital liberalisation that will enhance the country’s export prospects and create jobs for Bangladeshis abroad.
27 January 2022, 18:00 PM

Economy showing signs of a turnaround

Although uncertainty prevails over the country’s economy with regard to both global and domestic contexts, Finance Minister AHM Mustafa Kamal yesterday portrayed a rosy picture of it in parliament.
26 January 2022, 18:00 PM

NBR’s role big in fighting money laundering

The National Board of Revenue (NBR) has a big role to play so as to ensure that businesspeople can in no way launder money abroad, Agriculture Minister Muhammad Abdur Razzaque said yesterday.
26 January 2022, 18:00 PM

Horse-drawn carts key mode of transport in char areas

Although horse-drawn carts are a thing of the past in most parts of the world, these outdated buggies still facilitate movement across 450 char areas in Kurigram and Lalmonirhat.
26 January 2022, 18:00 PM

High engine capacity bikes see faster sales

The demand for motorcycles with a higher engine capacity is growing among bike enthusiasts in Bangladesh as these models are becoming increasingly safer and cheaper.
26 January 2022, 18:00 PM

Businesses weighed down by graft, inefficient bureaucracy

Corruption, inefficient bureaucracy and limited access to finance are among the dominant problematic factors affecting businesses in Bangladesh, according to a new survey of the Centre for Policy Dialogue (CPD).
26 January 2022, 18:00 PM

Marketing going beyond

Knowledge never stays still. There is a constant evolution of knowledge as insights are built upon previous ones and the pace of knowledge growth has never been faster than in the 21st century.
25 January 2022, 18:00 PM

Jute goods export dips for dearth of raw fibre

Exports of jute and jute goods from Bangladesh declined in the first half of the current fiscal year as manufacturers are not getting adequate supply of raw fibre because of hoarding amid exorbitant prices.
25 January 2022, 18:00 PM

Ecnec approves five revised projects

The Executive Committee of the National Economic Council (Ecnec) yesterday endorsed the third revision of a project to develop the approach road to the Bangabandhu Sheikh Mujib Safari Park in Gazipur.
25 January 2022, 18:00 PM

Experts urge local manufacturers to focus on energy savings

Local electronics appliance industries should focus on manufacturing environment-friendly and energy saving products to reduce carbon emissions while energy-efficiency standards should be imposed on imports, said experts recently.
25 January 2022, 18:00 PM

Oman wants business forum with Bangladesh

Oman has proposed forming a Bangladesh-Oman business forum to explore and strengthen business cooperation between the two countries.
24 January 2022, 18:00 PM

Jazeera Airways eyes expansion in Bangladesh

Jazeera Airways plans to keep expanding its footprint in Bangladesh, particularly in its second-largest city of Chattogram, as it targets to serve a huge number of expatriates from the region currently living and working in Kuwait.
24 January 2022, 18:00 PM

Particle board market gains traction

The market for particle board is thriving in Bangladesh on the back of the rising demand for timber-alternative furniture and their growing use in interior designing.
24 January 2022, 18:00 PM

$1.58b FDI in the offing for shipbuilding

The government looks to set up a shipbuilding facility in partnership with foreign investors at the Payra seaport in Patuakhali with an investment of $1.58 billion to cut import dependence for vessels and market ships globally.
24 January 2022, 18:00 PM

Five projects of Tk 1,022cr get nod

The government yesterday gave the go-ahead to five projects involving Tk 1,022 crore.
23 January 2022, 18:00 PM

Pandemic won’t affect economy that much: Kamal

The rules set by the government for people’s movement during the pandemic will leave little impact on the economy and the lives of the general mass, Finance Minister AHM Mustafa Kamal said yesterday.
23 January 2022, 18:00 PM

Annual Development Programme still below pre-pandemic levels

Though overall annual development programme (ADP) implementation slightly rose year-on-year in the current fiscal year’s first half, government spending for development projects is still below that of the pre-pandemic period.
23 January 2022, 18:00 PM

Ctg-Kuwait direct flights from today

Low-cost Kuwaiti airline Jazeera Airways is going to launch direct flights between Chattogram and Kuwait from today.
23 January 2022, 18:00 PM

Gas price hike should be gradual

The government should move gradually and reconsider energy companies’ recent proposal to raise gas prices as any sharp hike will increase overall cost of production of industries, said Abul Kasem Khan, chairperson of Business Initiative Leading Development (BUILD).
22 January 2022, 18:00 PM