Consumers protest cancellation of 3-day internet packages

Bangladesh Mobile Consumers Association yesterday demanded the reinstatement of short-term and low-cost internet packages mostly used by low-income and marginal consumers.
13 September 2023, 18:00 PM

SME Foundation, UNESCAP make 7-year plan

State-run SME Foundation and the Economic and Social Commission for Asia and the Pacific (ESCAP) of the United Nations have jointly formulated a seven-year strategy paper for the development of women entrepreneurs in Bangladesh. 
13 September 2023, 18:00 PM

Build trust among people, industries minister to NBFIs

Non-bank financial institutions (NBFIs) should build trust among people since the confidence of many savers has received a blow after they lost money owing to irregularities, Industries Minister Nurul Majid Mahmud Humayun said today.
13 September 2023, 11:35 AM

Financial account off to a gloomy start

Bangladesh’s financial account witnessed deficit in the first month of the new fiscal year, signaling that the pressure on the foreign exchange regime will continue.
13 September 2023, 05:00 AM

Govt eases rules for release of seed varieties

The government has eased rules regarding registration of new seeds of vegetables and other crops, barring only crops such as rice, wheat, jute and sugarcane.
13 September 2023, 00:00 AM

Saudi firm to set up $100m data centre in Kaliakoir

Data centre manufacturing and power generation firm DataVolt of Saudi Arabia has unveiled plans to invest $100 million (around Tk 1,098 crore) to establish a cutting-edge data centre in Bangladesh. 
13 September 2023, 00:00 AM

Is monetary policy helping contain inflation?

The Federal Reserve of the US and the European Central Bank kept hiking policy rates in their fight against record inflation throughout last year and this year whereas the central bank of Bangladesh chose not to use the full force of the monetary policy.
13 September 2023, 00:00 AM

4-year BSCIC project now entering 14th year

A four-year industrial park project undertaken by the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Sirajganj will enter its 14th year of construction due to delays in land acquisition and difficulties in obtaining approval from relevant ministries.
13 September 2023, 00:00 AM

Bangladesh aligning accounting framework with global standards

Bangladesh has been making significant strides in aligning its accounting framework with international standards, which is making it easier for investors to understand and engage with public authorities.
12 September 2023, 18:00 PM

LankaBangla organises tree plantation programme in Rajshahi

LankaBangla Foundation, in association with Rajshahi City Corporation, recently organised a tree plantation programme at Nawdapara in Rajshahi.
12 September 2023, 18:00 PM

Japan’s ITOCHU enters Bangladesh with bags

Japanese trading company ITOCHU Corporation is set to enter the Bangladesh market by offering bags of its OUTDOOR PRODUCTS brand through YELLOW, a fashion and lifestyle brand of Beximco Group.
12 September 2023, 18:00 PM

Growth relies on better public service, productivity

Bangladesh needs to provide quality public goods and services, raise productivity and adapt to technological advancement-induced challenges to maintain its growth towards its aim to become an upper-middle-income country, said an economist working for the British government yesterday.
12 September 2023, 18:00 PM

Shipbuilders get more time to regularise defaulted loans

Shipbuilders have been granted another two and a half months or so to reschedule their defaulted loans through a 2.5 per cent down payment, according to a Bangladesh Bank (BB) notice yesterday. 
12 September 2023, 18:00 PM

‘CORR The Jute Works’ marks 50 years of serving unprivileged women

CORR The Jute Works, a trust of Caritas Bangladesh, has been working to develop the lives of unprivileged women in the country for the last 50 years, speakers said yesterday.
12 September 2023, 18:00 PM

If Bangladesh falls into ‘middle-income trap, it can’t become developed nation by 2041: Salman F Rahman

Highlighting tremendous success achieved over the last 15 years, Prime Minister's Adviser Salman F Rahman on Tuesday laid emphasis on joint efforts to address the challenges ahead to avoid the middle-income trap.
12 September 2023, 08:42 AM

No respite for workers as wage growth stays behind inflation

Mrinal Biswas, a resident of Botiaghata upazila in Khulna, doesn’t find job opportunities every day. And when the 62-year-old fisheries worker is lucky to be employed, he earns Tk 500 per day.  
12 September 2023, 00:00 AM

Local firms equally dissatisfied with business climate

Like Japanese and Chinese companies operating in Bangladesh, domestic firms as well as those from other countries are not happy with the overall business climate in the country, said a number of entrepreneurs, heads of chambers and experts. 
12 September 2023, 00:00 AM

Precision biotech key to making agriculture climate resilient: experts

Precision biotechnology is crucial for building climate resilience in the agricultural sector of Bangladesh, experts said at a dialogue yesterday. 
11 September 2023, 18:00 PM

Dealer conference of Akij Particle Board Mills held

Akij Particle Board Mills Ltd, a subsidiary of AkijBashir Group, organised an “Akij Board and Akij Door Dealer Conference-2023” in a Cox’s Bazar hotel recently. 
11 September 2023, 18:00 PM

BMW to invest in UK Mini plants to fuel EV output

German car giant BMW on Monday said it would invest more than 600 million ($751 million) in its UK plants making the Mini, with the Oxford site producing only electric vehicles from 2030.
11 September 2023, 18:00 PM