Bangladesh’s economy is struggling with higher inflation, depletion of foreign exchange reserves, pressure on the exchange rate, shrinking capital inflows, and pressure on the budget.

The telecom regulator has decided to allow mobile phone operators to pay spectrum acquisition fees in the local currency, a relief for them as the US dollar has become costlier to a large extent.

The government’s allocation to repay foreign debts may reach Tk 57,000 crore in the next budget, a 53 percent rise from the current year, putting further pressure on the country’s dwindling foreign currency reserves.

Policymakers must work together in harmony and place a special focus on SMEs, which accounted for almost 25 percent of Bangladesh's gross domestic product (GDP) in 2018, according to a Planning Division report.

Entrepreneurs bagged orders worth Tk 20 crore

The ERD, Feni administration organised a workshop on sustainable LDC graduation

Implementing development project with borrowed money not a good idea, he said at a debate contest of the Debate for Democracy

The tech giant will join in as an investor in the latest funding round for the Bengaluru-based company

Twenty companies have been honoured with a “President's Award for Industrial Development 2021" yesterday for their outstanding contribution to the national economy.

The once renowned state-run Dada Match factory in Khulna city may soon fade away from people’s memory as no effective measures have been taken to reopen it in the past 14 years.

The event from Anandabazar Patrika brings together 50 speakers from government, business, IT, media, academia and other leaders from Bangladesh and India

Businesses yesterday demanded that the government lower the duty on the import of solar panels meant for use in industrial plants to 1 percent.

Orders relating to specialised banks, state-owned banks, and insurance and financial institutions all fall under the purview of the FID as well, said Fahmida Khatun, executive director of the CPD.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), shed 58.7 points, or 1.09 percent, to close at about 5,312 points, its lowest in 39 months.

About 40 percent of the population is now dependent on agriculture for jobs and that is why the government should not divert its attention from this sector at this time of austerity, said ‍Binayak Sen, director general of BIDS.

The CPD said commercial banks need to be strengthened, the independence of the Bangladesh Bank should be upheld, a conducive legal environment must be created, and a banking commission needs to be set up.

Bangladesh may face significant barriers in exporting products to European nations in the future unless small and medium enterprises (SMEs), which provide intermediate goods and raw materials to large industries and brands, focus on greening their production units, experts said yesterday.

A Chattogram court yesterday banned Legend Holdings owner SM Abdul Hai and his wife from leaving the country for their repeated failures to appear at court hearings.

175 companies from 17 countries are taking part in the show

Two Uruguayan wool exporters are currently visiting Bangladesh