Tariff  rationalisation is extremely important for Bangladesh to boost exports,  improve trade competitiveness and maintain steady economic growth,  speakers said yesterday.

The private sector is well-known for its efficiency but is also negatively viewed for its greed and an inherent nature that lacks focus on welfare. The public sector is considered to work for the benefit of the people but is often cited as being inefficient and wasteful.

Tube well manufacturers in Bogura are going through hard times as the costs of raw materials have almost doubled in the last couple of years.

The government is expected to trim the development budget by 7.88 per cent to Tk 207,550 crore for the current fiscal year because of the sluggish pace of implementation by public agencies.

Australia will continue its duty and quota free treatment for Bangladeshi exports even after the country graduates from least developed country (LDC) status in 2026.

Remittances declined 16 per cent year-on-year to $1.49 billion in February, the lowest in the past 22 months, creating a further risk of widening the trade imbalance in the face of surging import bills.

Rosatom, the contractor of the Rooppur Nuclear Power Plant, dismissed the notion of potential delays in the construction of the project amid Russia’s war on Ukraine even though some Russian banks might be excluded from the SWIFT messaging system.

The textile market in Bangladesh is growing at a faster clip as annual sales have nearly doubled to $9 billion in a span of five years riding on the production of diversified fabrics and the growing consumption of middle-income people.

Rosatom, the contractor of the Rooppur Nuclear Power Plant, dismissed the possibilities of a delay in the construction of the country’s mega project as some of the Russian banks are set to be disconnected from its global financial messaging system SWIFT because of sanctions in response to Russia's invasion of Ukraine.

Remittances fell into a negative territory last month after showing a dazzling display in December and January.

Bangladesh Securities and Exchange Commission (BSEC) has given go-ahead to Meghna Insurance to raise Tk 16 crore from the stock market.

Share prices in the Dhaka Stock Exchange (DSE) continued to rise for the second consecutive day today.

The telecom regulator has given the operators additional 15 days to implement a directive that cuts the number of offers and enables customers to carry forward their unused internet data of the current deal to the next one.

For the first time in the country, people with disabilities are being brought under health insurance.

International investment summits should be regularly organised once in every two years to attract more investment for Bangladesh, said Salman F Rahman, prime minister's private industry and investment adviser.

Agriculture Minister Muhammad Abdur Razzaque yesterday said extortion during transport and the presence of middlemen deter farmers from getting fair prices for their produce.

Bangladesh Bank, the Bangladesh Securities and Exchange Commission (BSEC) and National Board of Revenue (NBR) should work together for the betterment of the domestic stock market so that it can stand as the main source of long-term funding for local industries, various analysts said yesterday.

Bangladesh’s stocks bounced back yesterday enabling investors to recoup some of their losses incurred in the previous two days.

Bangladesh’s progress in terms of achieving the sustainable development goals (SDGs) has been quite exceptional and the country is now seen as a role model for sustainable development, particularly in terms of locally-led adaptation.

Bangladesh will lose one of the most promising apparel export destinations if various Russian lenders are excluded from the SWIFT messaging system in response to the country’s invasion of Ukraine, entrepreneurs warned.