As many as 77 per cent of chief executive officers (CEO) expect global economic growth to improve this year while only 15 per cent anticipate weaker conditions, as per a PricewaterhouseCoopers (PwC) survey revealed yesterday.

Tulips are being grown all over Sharialjoth village in Tentulia upazila of Rangpur’s Panchagarh district in a bid to increase tourism and boost the regional economy, according to local officials.

Jute millers and spinners have collectively decided that they will not buy the natural fibre for more than Tk 3,000 per maund from January 20 onwards in the face of rising costs.

In order to maximise the use of trade agreements to achieve development outcomes, there is an ardent need to strengthen Bangladesh’s capacity to effectively participate in multilateral, regional and bilateral trade negotiations, according to speakers at a webinar.

Bangladesh should undertake long-term plans to establish large scale plastic recycling and organic waste composting facilities to cope with the future growth of waste generation, suggested a new study revealed yesterday.

Ice cream manufacturers are enjoying robust sales after launching awareness campaigns on how consuming the sweetened frozen food does not increase the risk of contracting a serious case of Covid-19.

The installation of prepaid gas meters is going on at a snail’s pace even though the system comes with many perks, including cuts in customers’ cost and a reduction in gas wastage.

In the capital market, the risk is defined as the willingness to accept the possibility of losses, the ability to admit market fluctuations, and the inability to forecast what will happen next. Technically, risk appetite refers to the maximum amount of risk that you, as an investor, are willing to take to achieve your goals before the risk outweighs the benefits.

Potato growers of Thakurgaon and Panchagarh districts are distraught over apprehensions of incurring huge losses for a second year in a row as the market has seen a sharp fall in prices.

Geyser, once thought to be a luxury item afforded only by the wealthy, is increasingly gaining popularity among lower and middle-income groups in Bangladesh as they heat water to beat winter.

Work is underway to set up an export processing zone (EPZ) in Patuakhali centering the Payra sea port.

Bangladesh is expected to become the 24th largest economy in the world by 2030 despite a rise in poverty, unemployment and income losses because of the severe impacts of the Covid-19 pandemic, according to a government report.

The central bank should depreciate the taka against the US dollar gradually, if necessary, in order to avoid hurting the economic recovery and stocking inflationary pressures as Bangladesh is an import-dependent country, said Mostafa Kamal, chairman and managing director of Meghna Group of Industries.

The poor too can contribute to the advancement of society if they are given education, skills and the opportunities to flourish, said Nobel laureate Abhijit Banerjee yesterday.

The stage is set for Bangladesh’s cotton imports to cross the 9 million bales mark this year for the first time despite the pandemic’s severe fallout in the global supply chain because of a sudden rise in demand for yarn and fabrics from local garment exporters.

Mohammad Polash, an owner of a food cart in Mohammadpur’s Town Hall market, opened a micro-merchant account with bKash a month ago.

Experts suggest giving top priority to improving power transmission and distribution alongside on shore and offshore gas and oil exploration, as Bangladesh will need an estimated 34,000MW of power by 2030 to sustain economic growth of over 7 per cent.

The US dollar will not fluctuate much in Bangladesh despite worries expressed by market operators as the rate is set under a floating exchange rate regime, not by the government, said Finance Minister AHM Mustafa Kamal yesterday.

Bangladesh’s economy is projected to grow 6.9 per cent in fiscal year 2022-23 thanks to strong export growth and a rebound in domestic demand, the World Bank (WB) said in its Global Economic Prospects released on Tuesday.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday called upon the government to increase public awareness on Covid-19 rather than imposing another lockdown in a bid to curb the third wave of infections.