Speakers at a dialogue on Monday said Covid-19 crisis puts unprecedented strains on markets, governments, businesses and individuals, but simultaneously it has brought opportunities for digitalisation. Coronavirus could be one of the most serious challenges facing the financial services industry, they added. To address the impacts, the...
The government is strengthening the Bangladesh Investment Development Authority (BIDA) to make it is more sophisticated and investment-friendly. As part of reinforcing the investment promotion agency, the government is amending the BIDA Act which was passed sometime in 2016. The amendment is now in the final stage...
Private Industry and Investment Adviser to the Prime Minister Salman F Rahman on Wednesday said Bangladesh will attain double digit next year in the global ranking of ease of doing business. He made the remark at a virtual meeting for the launching of three new services on...
Indian High Commissioner to Bangladesh Riva Ganguly Das on Tuesday urged Indian business leaders to explore opportunities for collaboration and joint ventures (JVs) with Bangladesh, including exports to third countries. She mentioned about excellent manufacturing environment, vibrant demography and favourable investment atmosphere in Bangladesh. The High Commissioner...
Bangladesh and Japan have signed the largest-ever loan deal, amounting to $3.2 billion to help Bangladesh become a middle-income country and defeat the novel coronavirus pandemic. Japanese Ambassador to Bangladesh Ito Naoki and ERD Secretary Fatima Yasmin signed 'exchange of notes" of the 41st Official Development Assistance...
Out Of Home advertising is becoming more and more powerful on a global scale every single day. And Bangladesh is not far behind in this trend either. OOH, when implemented properly, can be more effective than other advertising methods and the reasoning behind that is manyfold. IT STANDS...
Oryx Bio-Tech Ltd is set to establish the country’s first bio-tech industry at Bangabandhu High-Tech City at Kaliakoir in Gazipur at the cost of around US$300 million, said sources. The company will develop the plant with the handling capacity of around 1,200 tonnes of plasma for manufacturing...
Bangladesh has reported 5.24 percent GDP growth in FY 2019-20 with the coronavirus pandemic ravaging the economy for at least a third of the financial year. The size of the GDP stood past Tk 27.96 trillion while per capita GNI surged to $2,064 from $1,909 the previous...
Bangladesh's financial sector will have to adopt new technologies and services in the post-Covid-19 period for the lenders to move their operations online and address the recent challenges faced by the industry, speakers said at a webinar yesterday. The coronavirus could be a boon for digital financial...
Kakoly Russell Talokder, a small entrepreneur selling Jamdani sarees on her Facebook page Kakoly’s Attire, has experienced a huge jump in her business since joining the online Women and e-Commerce forum (WE) late last year. “I started an online business early last year but did not get...