Corporate
Corporate
Bangladesh allocates lowest budget for health sector dev
Syed Nasir Hossain : The country’s health sector has been criticized at various times due to inadequate health care facilities, inadequate doctor-nurses, shortage of hospital beds, poor quality treatment, lack of skilled lab technicians. The weakness of the health sector has become widespread during the time of Corona. However, no…
Read More »Economy backing on right track
Mahfuja Mukul : The economy of the country is once again blowing fresh air. Expatriate income, exports have been increasing for several consecutive months. Import costs have decreased. And it has reduced the trade deficit overall. Not only that, there is also a current account surplus. Economists see this trend…
Read More »Bangladesh fails to curb inflation
Mahfuja Mukul : Bangladesh Bank has taken contractionary monetary policy to reduce inflation but it is not working. High inflation can’t be reduced by monetary policy. On the other hand, due to contractionary monetary policy, interest rates are increasing every month. It increases the cost of business. Investments are affected…
Read More »Bangladesh needs to strengthen credit capability for FDI
Zarif Mahmud : Despite developing economic zones and adopting one-stop services to attract foreign direct investment (FDI), Bangladesh has failed to get as much as it targeted.Not only global economic giants like India, even small economies in the South Asian region such as the Maldives and Sri Lanka are ahead…
Read More »Petrobangla incurs huge losses in dealing gas
Mahfuj Emran : Petrobangla has started making losses at an alarming rate in the energy sector. In the last month of August, where the operating profit was Tk 32.85 crore, in September, it made a loss of Tk 103.99 crore. Operating profit has decreased by Tk 71.14 crore, which is…
Read More »Insurance agents leaving profession
Insurance lost confidence Mahfuz Emran : Over 350,000 life insurance agents have become inactive due to not timely claim settlement by their companies. The clients have also lost confidence on insurance due to the same cause, it is identified by the Global Economist Forum, a United Nations general consultant member…
Read More »Biman airline flying to new destinations
Passenger increasing Rabiul Haque : In the last few years, passenger demand has increased in various countries of Asia and Europe-America. Biman Bangladesh Airlines, the national flag carrier, is operating new flights to these destinations one after another. In the last two years, flights have started operating to Toronto in…
Read More »Govt to procure 50,000 MTs wheat, 70,000 MTs fertilizer, 1.10cr liter soybean oil
Staff Correspondent: The government today approved separate proposals for procuring some 50,000 metric tons of wheat, 70,000 metric tons of fertilizer, 1.10 crore liters of soybean oil and 8,000 metric tons of lentil to meet the growing demand of the country.The approvals came from the 4th meeting of the Cabinet…
Read More »Tk 8,000 cr paid out of Tk 12,000 cr insurance claims
Staff Correspondent : In the year 2023, the total insurance claim raised was Tk 12,117 crores. Against this, the insurance companies have paid claims of Tk8,754.59 crore. The claim payment rate is 72 percent. The claim payment rate has increased by 5 percent compared to 2022.Mohammad Zainul Bari, chairman of…
Read More »10 new hi-tech parks allowed in pvt sector
Farhad Chowdhury : Bangladesh Hi-Tech Park Authority (BHTPA) has approved 10 more private parks in the last four years. Sector stakeholders have questioned the approval of private parks despite insufficient investment in government parks. Those concerned say that private companies are interested in declaring hi-tech parks to get business benefits…
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