Bangladesh

Bangladeshi currency, the Taka depreciated by only 0.5% against the US dollar in the last fiscal year, the lowest among most Asian trading partners and rivals in the global export markets.  According to a Bangladesh Bank(BB) data, Bangladeshi currency depreciated by only 0.5% in the last fiscal...

The World Bank's Board of Executive Directors today approved $202 million in additional financing for the Modern Food Storage Facilities Project to increase the storage capacity of Bangladesh's national strategic grain reserves by 535,500 tonnes for 4.5 million people.  The project is helping Bangladesh address food insecurity in...

Smartphone users in Bangladesh will no longer have access to free social media if the country’s telecoms regulator has its way. The fight against zero-rating is thought to curb the alleged misuse of social media by the public. Official reason Bangladesh...

The Covid-19 pandemic has forced 24 percent of Bangladeshi startups to cease their operations, according to a study conducted by business consultancy firm LightCastle Partners. It found that 56 percent of startups had seen at least a 50 percent drop in revenue generation, while 52 percent of...

Commerce ministry is set to establish four specialised technology centres (TCs) in economic zones (EZs) with an eye to boosting export earnings through adopting new technologies. Under a project, it will establish three state-of-the-art TCs at Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram and a specialised design...

The initiative co-hosted by the Prime Minister’s Office, IFC and JICA aims to generate investment leads from Japan Around 200 Japanese companies have joined a webinar organized by Bangladesh to attract Japanese investments. The ‘Dialogue to Drive Japanese Investments in Bangladesh’...

Access to gas, be it natural or imported LNG, remains elusive for many industries as some 1,400 applications for new connections, load expansion, re-connection, or replacement are pending with Titas Gas Distribution Company alone. Annoyed at the situation, industrialists said the availability of gas...

Bangladesh Bank has relaxed its policy for the foreign owned and controlled companies, which are operating in the country, allowing banks and non-bank financial institutions (NBFIs) to issue credit to the entities in local currency against foreign guarantees. “Given the ongoing situation due to the Covid-19 pandemic,...

Daraz Bangladesh (daraz.com.bd) has launched dExports in order to support small-and-medium enterprises (SME) that have suffered significant losses due to the economic downturn caused by the COVID-19 pandemic. As a product of the collaborative relationship between Alibaba Group and Daraz Bangladesh Limited, dExports presents an opportunity for local sellers...

করোনাভাইরাসের কারণে বেশিরভাগ তারকা হোটেলের অতিথির সংখ্যা শুন্যে নেমে এসেছে। এতে বিপর্যস্ত হোটেলগুলোর ব্যবসা। কর্মকর্তা-কর্মচারীদের বেতন ভাতা দেওয়াও কঠিন হয়ে পড়েছে। এজন্য সরকারের কাছে ৫০০ কোটি টাকা অনুদান চেয়েছেন তারকা হোটেল মালিকেরা। পাশাপাশি সুদ মওকুফ, কর ছাড়,পরিষেবা বিল মওকুফ ও নতুন ঋণে সুবিধাসহ আরও নানা দাবি জানিয়েছেন...