Swiss entrepreneurs keen to invest in leather industry
Staff Correspondent: Swiss entrepreneurs have expressed their interest to invest in Bangladesh’s leather industry.Ambassador of Switzerland in Dhaka Nathalie Chuard expressed his country’s interest in this regard while meeting with Industries Ministry Nurul Majid Mahmud Humayun…
Read More »Turkey is keen to invest in BD Railway: Envoy
Staff Correspondent: Turkish Ambassador here Mustafa Osman Turan yesterday expressed his country’s keenness to invest in the railway sector in Bangladesh.The envoy expressed the willingness when he paid a courtesy call on Railways Minister Md Nurul…
Read More »BB rejects Padma Bank’s plea to merge with state lender
Staff Correspondent: Bangladesh Bank has rejected a proposal to bail out Padma Bank, a lender riddled with scams and irregularities, and advised it to seek investment from abroad.Finance Minister AHM Mustafa Kamal had previously indicated that…
Read More »Bangladesh becomes one of fastest growing economies in world: ICCB
Industry Desk: Over the past five decades, Bangladesh has transformed itself from being a ‘Basket Case’ to one of the fastest growing economies in the world, said International Chamber of Commerce Bangladesh (ICCB) at its current…
Read More »Environmentalists demand effective step to stop use of polythene, plastic
A human chain was formed in front of the National Meseum Golam Mostafa Jibon: Speakers at a human chain stressed the need for immediate steps to stop random use of plastic and polythene shopping bags with…
Read More »Most customs houses fail to achieve revenue collection target
Golam Mostafa Jibon:Most of the customs houses in the country could not achieve the revenue collection target. On the contrary, the shortage of these customs houses is increasing day by day.In the first six months of…
Read More »Trains to ply on Saidpur-Cox’s Bazar next year
Staff Correspondent: Railway Minister Nurul Islam Sujon yesterday said trains will ply on Saidpur-Cox’s Bazar route from next year.The minister said while speaking as the chief guest at the inaugural function of a direct flight on…
Read More »Bangladesh likely to grow at 6.4 pc: WB
Staff Correspondent:The World Bank has said that the Bangladesh economy is projected to grow at 6.4 percent in the fiscal year 2021-22, which is 1.3 percentage points up from its previous forecast.Earlier, the global lender predicted…
Read More »BD set to become $500b economy by 2026: StanChart economists
Industry Desk: Leading economists of Standard Chartered have observed that growth will be sustained over 7 percent in FY22-26 and this should drive Bangladesh’s GDP up to US$ 500 billion and per capita to $3,000 by…
Read More »BGMEA seeks duty-free access to Brazil for RMG products
Industry Desk: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has requested the government of Brazil to provide duty-free access to Bangladeshi apparel products.The BGMEA chief made the request when Ambassador of Brazil to…
Read More »World food prices hit 10-year peak: FAO
International Desk: World food prices rose for a second consecutive month in September to reach a 10-year peak, driven by gains for cereals and vegetable oils, the United Nations food agency said yesterday.The Rome-based Food and…
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