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...
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...
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...
Prime Minister Sheikh Hasina on Thursday asked the authorities concerned to work with utmost sincerity to make the country’s investment environment more attractive to further advance the national economy. “We want to take our economy forward and make our investment atmosphere more attractive. So, we’ve to give...
The COVID-19 pandemic has forced global trade to reach a standstill as countries struggle to provide for their own. Despite a global trade slump, China has recently opened new trade avenues for Bangladesh with lucrative incentives to stimulate trade.
China has announced a tariff...
The coronavirus pandemic has not negatively affected tea export, which more than doubled in the first seven months of 2020 compared to that in the previous two years. Meanwhile, the tea industry has started to turn around after getting over the shock of the virus. Tea sales...
Agriculture Minister Dr Md Abdur Razzaque on Wednesday urged banks to come forward with easy loans to help create entrepreneurs in both agriculture and non-agriculture sectors. The minister came up with the call at the inauguration programme of the 958th branch of Agrani Bank in Dhanbari upazila...