Business

The laboured process for settlement of letters of credit is one of the bottlenecks of Bangladesh’s investment climate, said a delegation from Japan on Thursday. “Bangladesh has the most complicated LC opening conditions -- there are terms and conditions unique only to this country,”...

Women entrepreneurs need to be skilled in digitalisation in order to avail the advantages of modern technology so that they can give a boost to their businesses, according to Shirin Sharmin Chaudhury, speaker of Bangladesh Parliament. "We have seen many potentials in e-commerce businesses...

Prime Minister Sheikh Hasina on Thursday asked agricultural scientists to conduct further research over local fruits and agricultural items to expand the market for those.  "It's essential to conduct more research on our local fruits and local items. It needs to expand the market of local items conducting...

ঢাকা মহানগরীর পুরান ঢাকা, মতিঝিল, পুরান পল্টন, ফকিরাপুল, গুলশান, বনানী, নিকুঞ্জ, খিলক্ষেত, বাড্ডাসহ মিরপুর ও তৎসংলগ্ন এলাকাসমূহে দীর্ঘদিন ধরে প্রয়োজনের তুলনায় পানি সরবরাহ অপ্রতুল। নগরবাসীর জন্য ২৪ ঘণ্টা পানি সরবরাহ নিশ্চিত করার লক্ষ্যে ভূ-গর্ভস্থ পানি উত্তোলনের উপর নির্ভরশীলতা কমিয়ে ভূ-উপরিস্থ উৎস থেকে পানি ব্যবহারের জন্য কয়েকটি পানি...

Most start-ups – formed in the last two years or so – had started running out of business for their weaker foundation even before the Covid-19 hit early last year. The pandemic came as a fresh blow to the fledgling business, leaving many in...

Some 278 cottage, micro and small enterprises (CMSEs) mired in financial difficulty owing to the ongoing pandemic applied to the central bank through 25 banks and NBFIs to get collateral-free loans under the credit guarantee scheme (CGS).  The Bangladesh Bank launched the CGS of...

Inflation dropped to 5.02 per cent in January, the lowest in eight and a half years, on the back of the arrival of winter vegetables that contributed to the consumer price decline, official figures showed yesterday. This is the third straight month of overall...

There is a growing concern that Covid-19 will stay for quite a while, and therefore, we need to explore innovative ways to cope with the 'new normal' realities. More and efficient utilisation of information and communication technology (ICT) could be a critical tool to handle various challenges...

Speakers at an international webinar have stressed the need for diversifying the country's export basket and focusing on bilateral free trade agreements to address the challenges of the post-Covid global economic shock. Though Bangladesh has emerged as one of the top performers during the...

Leading steel, cement and paint companies related to the construction sector witnessed higher profits in the July-December period of the current financial year despite the ongoing coronavirus pandemic. Although industry insiders fear that they will face 30 per cent lower profits from the July-December...