Asia

The COVID-19 pandemic has forced global trade to reach a standstill as countries struggle to provide for their own. Despite a global trade slump, China has recently opened new trade avenues for Bangladesh with lucrative incentives to stimulate trade.  China has announced a tariff...

Chinal is a jhum fruit. The people of Chittagong Hill Tracts have planted this fruit for years as a companion crop with others. Agriculture scientists now say it will not only be cultivated on jhum land but will also be cultivated in the plains from now on....

Bangladesh has initiated groundwork to attract investments from large foreign firms which are planning to move out of China to reduce single-country dependence after Covid-19 pandemic. Special economic zones with ready-to-use land, longer tax holiday and availability of all services under one roof are among the offers...

Bangladesh’s e-commerce market stands at $1.6 billion currently and will double to $3 billion by 2023 on the back of a digital foundation laid down by the government and a young and tech-savvy population, a German research firm said recently. In terms of e-commerce revenue, Bangladesh is...

The United Nations Development Programme (UNDP) has launched a business integrity toolkit for young entrepreneurs in Asia-Pacific including Cambodia to be followed by a webinar titled “Leading with Integrity” which will be held on the 18th of this month. The toolkit aimed to provide young people a key...

Small and medium enterprises (SMEs) are the backbone of the Bangladesh economy: they make up more than 90 percent of all businesses that provide two out of three private sector jobs in the country. So, it is very important to help the sector grow for the sake...

Youth unemployment in Bangladesh may more than double in 2020 if the country takes six months to contain the coronavirus pandemic, which has caused economic output and demand to fall drastically, said a new report. In 2019, the youth unemployment rate was 11.9 per cent and it...

Five jetties and necessary infrastructure will be set up in the economic zones in the country's south-eastern part to ensure comfortable and safe movement of people as well as tourism and landing facilities. The Bangladesh Inland Water Transport Authority (BIWTA) will implement the project involving about Tk...

The cash incentive would be effective from July 1 this year Bangladesh Bank (BB) on Tuesday issued a circular on providing 2% cash incentive for money to be remitted through banking channel into the country. The cash incentive would be effective from July 1 this...

The world is preparing to move past the global COVID-19 pandemic that has killed more than 1.5 million people as vaccines begin to roll out to the public.The UK is expected to distribute Pfizer's vaccine for the novel coronavirus this week after British authorities approved it for emergency use...