Bangladesh’s  frozen shrimp processing industry is struggling to survive as factories  are closing down one after another due to a lack of raw materials,  competition with cheaper white-leg shrimp vannamei in the export markets  and inadequate government support, according to the Bangladesh Frozen  Foods Exporters Association (BFFEA).

My nanu never called me by my name, he always called me “amar Sarooo”, the last syllable drawn out and full of his love and warmth. No one else in my life has so dotingly claimed me to be theirs; and with every call, I would light up at how special he made me feel as my name danced from the corner of his smile to the brown of his eyes.

Al Mahmud, who hails from Raiganj upazila of Sirajganj, went to Bahrain as a migrant worker 10 years ago.

Walton has signed an agreement with the Department of Environment (DoE) on the latter’s premises in the capital recently over an “HCFC Phase-out Management Plan Stage II” project. 

Sri Lanka’s drive to become the world’s first 100 per cent organic food producer threatens its prized tea industry and has triggered fears of a wider crop disaster that could deal a further blow to the beleaguered economy.

Banglalink, the third largest mobile operator in Bangladesh, witnessed a 6.9 per cent rise in revenue year-on-year in the second quarter of 2021, driven by an increase in data revenue alongside the number of customers of this segment.

Mastercard, payment gateway SSLCOMMERZ and Mutual Trust Bank have launched a quick response (QR) acquiring platform enabling use of “Bangla QR”. 

Farque Hassan, president of apparel makers’ platform the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said a new international accord cannot be formed.

The government’s allocation for helping small and medium enterprises (SMEs) overcome coronavirus-induced losses is less compared to the funds set aside for the same purpose in India, Thailand, and Malaysia, according to a recent study.

The expatriate welfare and overseas employment ministry has framed a policy to recognise recruiting agents as commercially important persons (CIPs) for their contribution to overseas employment.

Allured by the high price of raw jute at the fag end of last year, a section of traders and seasonal buyers are now rushing to stockpile the product.

Banks in the country should give long-term loans to entrepreneurs who wish to establish industrial units, said speakers at a webinar held yesterday.

Bangladesh requires the combined success of all sectors as it inches closer towards its goal of becoming a middle-income country. Although its GDP contribution has fallen to 12 percent as of 2020, agriculture still remains the most important sector since it employs around 50 percent of the population and ensures the country’s food security. 

Lions Clubs International has named Qazi Akram Uddin Ahmed, chairman of Standard Bank, as a goodwill ambassador for his services as its international director for the past three years.  

A 1 per cent increase in female employment can effectively increase economic growth by 0.31 per cent, according to a study by South Asian Network on Economic Modeling (Sanem) unveiled yesterday.

Annual trade between Bangladesh and India has the potential to reach $16 billion if the former improves its ease of doing business and completes all connectivity developments, according to Indian High Commissioner Vikram K Doraiswami.

Standard Chartered Bangladesh has recently inked an agreement with LankaBangla Securities to provide an end-to-end solution automating the latter’s collections from investors and subsequent reconciliation process. 

With the government implementing some Tk 1,28,000 crore-worth of stimulus packages to rescue firms from Covid-19-induced losses, complaints have begun to surface of bribes being demanded by employees of banks and various public agencies tasked with disbursing the funds.

The development of the local market and supply chain ecosystem is very essential for facing challenges once Bangladesh makes the United Nations status graduation from a least developed to a developed country, stakeholders told a dialogue yesterday.

The development of the local market and supply chain ecosystem is very essential to face the post-LDC challenges, stakeholders said at a dialogue yesterday.