Nepal to export 50 MW electricity to Bangladesh
Diplomatic Correspondent: Nepal will initially send 40-50 MW electricity to Bangladesh but promised to supply more after a big power project being implemented in the Himalayan nation will be completed, newly appointed Nepalese Ambassador Ghanshyam Bhandari…
Read More »Bad loan stuck up
Industry Desk: Bad loans stuck in legalities kept piling up as over Tk153,000 crore were reportedly in limbo with the Artha Rin Adalat (money loan court) as of June this year.Bad governance, poor capacity, insufficient money…
Read More »Human rights violated as consequence of climate change
UN expert Industry Desk: UN Special Rapporteur on the promotion and protection of human rights in the context of climate change, Ian Fry, has said throughout the world, human rights are being negatively impacted and violated…
Read More »Sugar prices rise again as refineries cut production
Staff Correspondent: The local sugar market has become volatile, as prices shot up to Tk100-120 a kg, up by Tk10-20 a kg in only four days as refineries cut production.Refiners said they had to cut production…
Read More »Pound sinks as UK economic uncertainty rises
International Desk: The pound fell against the dollar on Friday as new figures showed a gloomy picture for the UK economy.Sterling slipped to $1.11, after rallying on Thursday as Prime Minister Liz Truss resigned, reports BBC.However,…
Read More »Productivity enhancement and diversification of local industries needed for LDC graduation: Speakers
Industry Desk: Speakers at a workshop in Sylhet yesterday called for reaping the full potentials of local agriculture, tourism as well as geographic location to enhance the economic growth of the region.Simultaneously, they called for creating…
Read More »BD seeks new investments from UK
Diplomatic Correspondent: Bangladesh has sought new and enhanced investments from the UK in different sectors, including clean energy, ICT and agriculture.Foreign Minister AK Abdul Momen had a meeting with Lord Karan Faridoon Bilimoria, a crossbench member…
Read More »HC asks to find out those involved in plundering Tk 3700 crore
Impact of Daily Industry report Golam Mostafa Jibon: The High Court yesterday asked to know what steps Bangladesh Bank has taken against the five deputy governors and the accused involved in the plundering of Tk 3,700…
Read More »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 »
