The Executive Committee of the National Economic Council (Ecnec) on Sunday approved nine projects with an outlay of Tk 2,744 crore, including the additional cost of the revised projects.   The approval came at the first Ecnec meeting of the new fiscal year (2020-21) held at the...
With a slump in demand for commodities among the Western consumers, Bangladesh needs to remodel its business plans to revive exports in the time of Covid-19, which has severely affected the global economy, economists said. Maybe the traditional fast fashion garment items or basic apparel products are...
Chinese businesses are showing increasingly greater interest in Chattogram, considering the geographical advantage of the port city. Factors like the duty-free access China recently granted to 5,161 additional Bangladeshi products must also be taken into account. Registration data from the Bangladesh Investment Development Authority (BIDA) show a...
A recent United Nations report on the private business sector shows that the majority of companies are not doing enough to help bring about the UN’s 2030 Agenda for Sustainable Development Goals (SDGs). The progress on bringing about a sustainable future for people and the planet is patchy,...
Root Group of Companies has launched a Swiss technology-based health protective gear ‘Corona Killer’ fabrics in Bangladesh. The unveiling of the new technology for the textile sector was announced at a Zoom online event, said a press release on Saturday. At the event, speakers said in the...
Acting High Commissioner of Malaysia to Bangladesh Amir Farid Abu Hasan has said Bangladesh, as an emerging economy, should emphases more on supporting its entrepreneurs of the small medium enterprises (SMEs) during the coronavirus pandemic. "SMEs that have the option to allow their employees to work from...
The overall business of electronic appliances is very poor due to the coronavirus outbreak in the country, but huge sales of washing machines amid the pandemic are the only bright side. Officials of the country’s leading electronics brands said that people were now getting more interested in...
Modernization of the educational curriculum is crucial for Bangladesh in order to make it more demand-based, as well as revive skills and raise skills of the country’s workers to tackle the unemployment situation in the post-Covid world, the nation’s business community observed on Saturday. Additionally, the community has also emphasised the...
In a move to ensure rational use of natural gas, state-owned Titas Gas Transmission and Distribution Company Limited has embarked on a plan to bring over 28 lakh consumers under prepaid metre system in phases. "We have a plan to install over 28 lakh prepaid metres under...
After months of economic turmoil triggered by the long coronavirus lockdown, battered small and medium-sized businesses are attempting to pick up the pieces. The post-confinement world remains a deeply uncertain one, with many business owners battling for survival and hoping they can hang on long enough to...