Business

Balancing investment and saving is a core issue during any recession yet the COVID crisis looks like, a) increasing investment in technologies that ultimately save money, such as automation and b) also creating new space for products tied to the search for vaccines that could then impact...

করোনাভাইরাসের প্রাদুর্ভাব শুরুর অনেক আগ থেকেই প্রবাসী আয় ছাড়া অর্থনীতির সব সূচক খারাপ অবস্থায় ছিল। এখন করোনার মধ্যেও হঠাৎ করে আমদানিতে ইতিবাচক ধারা শুরু হয়েছে। আগের বছরের একই সময়ের তুলনায় গত জুন মাসে আমদানিতে প্রায় ২৪ শতাংশ প্রবৃদ্ধি হয়েছে। যদিও ২০১৯-২০ অর্থবছরের পুরো সময়ে আমদানি কমেছে প্রায়...

Companies now face a double threat. On one hand, a fast-changing, sometimes chaotic environment increases risks to business – and on the other, it creates more opportunities for cyber-criminals. With this in mind, WIRED and Accenture convened a round table to look at the rapidly evolving threat...

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...