Mankind has witnessed many wars, crises and even pandemics but it has never ever faced anything of the kind and scale of the covid-19 pandemic. It has infected about 15 million people and killed more than 600,000 in the world including about 150,000 in the USA alone....
Bangladesh may grab the opportunity maintaining the business competiveness as some Japanese firms are intending to relocate their business and searching new destinations for supply chain adjustments, said the Japanese ambassador in Dhaka. Mr Ito Naoki made the remarks recently during his visit at BEPZA (Bangladesh Export...
The government considers enhancing the skills of the country’s capable population and their productivity to fulfill the demand of the labour markets, both at home and abroad, aiming to face the adverse impact of COVID-19 that devastated the national economy. Some 12.0 million Bangladeshi people are engaged...
The central bank has asked scheduled banks to introduce deposit accounts for non-resident Bangladeshis (NRBs) to encourage these people, who are working aboard, in saving their hard-earned money in Bangladesh. Under the new policy, the accounts will be in the form of savings nature for a period...
Businesses are progressively becoming confident of a comeback from the brutal blow dealt by the global coronavirus pandemic, found a recent survey. Conducted by the South Asian Network on Economic Modelling (SANEM) in collaboration with The Asia Foundation among 303 firms representing manufacturing and services sectors, the...
Karnaphuli Tunnel Project has achieved a "breakthrough" with the completion of the left line despite the coronavirus outbreak in the country. The project in Chattogram is constructed by China Communications Construction Company Limited (CCCC). Featured with two-tube four-lane of the shield section, the Karnaphuli Tunnel connects Chattogram...
Chairman of China’s Yabang Investment Holding Group Company Limited Xu Xiaochu said Bangladesh is the most suitable place for investment for global enterprises as it has a large population and huge market potential. “It is the most suitable place for investment for global enterprises, especially for traditional...
The government has finally issued guidelines on how solar-powered irrigation system owners can be paid for exporting power back to the grid. However, for those who expect to have to use grid power to augment solar from time to time, there could be a sting in the...
The National Board of Revenue has decided to provide manual business identification number (BIN) to global technology giants, including Google, Facebook and Youtube, as its online system is yet to be ready to issue e-BIN to foreign entities without any office in Bangladesh. The decision came after...
The customs authority has relaxed its rules in regards to the submission of Certificates of Origin (CoO), a declaration of the place of manufacture for any product, for goods imported under the South Asian Free Trade Area (SAFTA) trade pact in the SAARC bloc. The authority said...