Japan -- ever at the forefront of science and technology thanks to its culture of intensive mathematics education and reverence for engineers. So it is a marvel then that Bangladesh's fledgeling ICT players are slowly carving a space for themselves in that market over the decade, spearheaded...
Bangladesh wants more raw materials from India to increase production for both countries during the coronavirus pandemic. The interdependence between Bangladesh and India has been growing because of increased trade of raw materials for industrial production in Bangladesh. India is a major supplier of raw cotton to...
The fundamentals of the Bangladesh economy still remains sound even though it has been badly affected by Covid-19, British high commissioner in Dhaka Robert Chatterton said on Monday. In a virtual event he said that foreign direct investment (FDI), including from Britain, would be very important for...
The deadly coronavirus has started to take an outrageous toll. More than nine-and-a-half million people across the globe have been infected while nearly half-a-million people unfortunately lost their lives to the disease. The real danger though is that nobody really knows what the depth and breadth of...
IOC Middle East FZE, Dubai and RR Holdings Ltd, Ras Al Khaimah, UAE, the holding company of Beximco LPG of Bangladesh, on Tuesday signed an agreement for the formation of a 50:50 joint venture company for LPG business in Bangladesh. IOC Middle East FZE, a wholly-owned subsidiary...
Much has been said about the modernisation and automation of the value-added tax system in Bangladesh over the last decade. Yet, the automation of the VAT administration is halfway, although the project's tenure is supposed to come to its end this year. Businesses say they can get...
The year 2019, it seems, was an annus horribilis for the non-bank financial institutions industry. Not only did it see the fall of an institution, a development that not only undercut the confidence in the sector, the year also the industry's default loans soar 17.19 per cent...
The Bangladesh Bank (BB) has approved around Tk4,000 crore in loan proposals of banks against 300 firms under the stimulus packages for industries and service sectors affected by the coronavirus pandemic. The government has announced stimulus packages totaling over Tk1,00,000 crore to overcome the economic impact of...
The Bangladesh Bank is pressing the banks to complete the disbursement of Tk 20,000 crore in stimulus loans meant for the cottage, micro, small and medium entrepreneurs by August this year. Reluctance of the majority of the banks to issue credit to the CMSMEs was the reason...
Titas Gas Transmission and Distribution Company Limited's earnings per share (EPS) has fallen by 33% in the third quarter (January-March) of FY20 compared to the same period of previous year. Senior officials at the company told Dhaka tribune that the significant fall of earnings had been caused...