As Dhaka suffers endemic load shedding, candle-makers smile
Staff Correspondent: Demand for candles has skyrocketed with the recent endemic load shedding in Dhaka as well as across the country. Frequent load shedding, which is causing public sufferings, has, however, revived candle factories – putting…
Read More »IMF team arrives Oct 26 for 10-day visit to discuss $4.5 b loan
Industry Desk: The Ministry of Finance yesterday said a team from the International Monetary Fund (IMF) will arrive in Bangladesh on October 26 to discuss the terms of a $4.5 billion loan to Bangladesh.The IMF team…
Read More »BD needs to develop skills for young workforces
Industry Desk: Chihoko Asada-Miyakawa, the ILO Regional Director for Asia and the Pacific, has said Bangladesh needed skills development for its huge, young workforce and prioritise employment generation, and the basic protection of workers.“This required a…
Read More »Sundarbans Bengal Tiger census stuck as funds not disbursed in 5 months
Staff Correspondent: The Sundarbans Tiger Conservation Project, an initiative of the Ministry of Forest, Environment and Climate Change to count and breed Bengal tigers, is yet to take off as the fund has not been disbursed…
Read More »PM to inaugurate reactor pressure vessel installation for RNPP Unit-2 today
Ishwardi Correspondent: Prime Minister Sheikh Hasina is expected to inaugurate installation work of reactor pressure vessel (RPV) at Unit-2 of the Rooppur Nuclear Power Plant (RNPP) today morning.She will virtually inaugurate the installation of the RPV…
Read More »Razzaque calls for foreign investment in agro sector
Staff Correspondent: Agriculture Minister Dr Abdur Razzaque yesterday urged foreign investors to invest in Bangladesh’s agriculture sector as the congenial atmosphere is prevailing in the country.“I urge the developed countries, international banks, donor organisations and private…
Read More »Accelerate gas exploration to overcome energy crisis
Industry Desk: Bangladesh should move faster with its exploration activities both on-shore and off-shore to replace expensive LNG with its own natural gas reserve as long as such a resource base is scientifically reckoned, said the…
Read More »Saudi company keen to invest at Patenga container terminal
Diplomatic Correspondent: Oil-rich Saudi Arabia’s Red Sea Gateway Terminal Company has shown interest to invest in Bangladesh for the operation, maintenance and modernisation of the country’s Patenga container terminal in Chattogram.Vice Chairman of the Red Sea…
Read More »Japan expects $10b trade with BD
Diplomatic Correspondent: Japanese Ambassador to Bangladesh Naoki Ito has hoped the trade between Bangladesh and Japan would be US$10 billion in future, saying Bangladesh’s economy is growing every year.The Japanese envoy expressed the hope while speaking…
Read More »Reliable, accessible climate data vital for resilient dev
Industry Desk: Experts at a regional conference yesterday said reliable and accessible climate data is critical for resilient development.They stressed making climate data accessible and creating a path for transformative and integrated collaboration in the Hindu…
Read More »IMF warns against costly tax cuts to curb inflation
International Desk: Soaring food and energy prices are raising the risk of social unrest but attempting to tame costs through tax cuts, subsidies and price controls would be too costly, the IMF said yesterday.The fund’s comments,…
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