Bangladesh

Gold. The precious yellow metal that is universally considered a haven when things go wild and the certainty of everything is questioned -- as in the times we are in. No had imagined that a rogue microscopic organism would ever bring the world to a standstill and...

Local companies will enjoy a reduction in production costs and time alongside an overall improvement to the business climate through the implementation of the government's plans on the ease of doing business, according to Finance Minister AHM Mustafa Kamal. "Improving Bangladesh's ranking on the World Bank's Ease...

Bangladesh might be one of only two ASEAN and South Asian economies to register positive growth in 2020 despite a global recession which is shaping up to be historic in scale, said Edward Lee, chief economist, ASEAN and South Asia, Standard Chartered.  While uncertainties remain, the worst...

Newly appointed Ambassador of Switzerland to Bangladesh Nathalie Chuard on Wednesday said she would work to further strengthen and expand the bilateral ties. She presented her credentials to President Md. Abdul Hamid at Bangabhaban on the same day. Humanitarian assistance and development cooperation were the cornerstones of...

The Bangladesh Jewellers Samity (BAJUS) has reduced the price of gold by Tk3,500 per Bhori. According to the new price, it will cost Tk73,716 to buy a Bhori of good quality gold. A statement issued by Bajus on Wednesday said the new gold price would be effective...

Auctions for tea sales resumed on May 18, after a break of two months' Covid-19 shutdown, but the price has dropped by about 47 percent over 10 auctions. Due to the closure of tea stalls and restaurants in the country to prevent the spread of Covid-19, the...

Planning Minister MA Mannan on Thursday said the ministries and divisions concerned would be more careful to avoid unnecessary expenditures and maintain austerity during the implementation of development projects for better outcomes. “We’ve all agreed that not only in the Covid-19 situation, we’ll have to maintain austerity...

Bangladesh's investment to gross domestic product (GDP) ratio rose in the just-concluded fiscal year, data from the Bangladesh Bureau of Statistics showed on Tuesday, in what can be viewed as an inexplicable development as most indicators were pointing towards a contrary scenario. The finance ministry itself projected...

Investors seeking to do business in Bangladesh can now avail three more public services at the One-Stop Service (OSS) portal in the website of Bangladesh Investment Development Authority (BIDA). Previously, 18 information-related services were available, including 14 of the BIDA and ones of the Registrar of Joint...

Bangladesh has ranked 168th among 190 countries in the ranking of “Ease of the Doing Business 2020” by the World Bank. Last year, Bangladesh ranked 176th. One of the reasons for this improvement is that starting a new business has now become less expensive with the reduction of...