Bangladesh will secure a place among the top 99 countries in the global ease of doing business rankings by 2022, said Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahman on Thursday. Bangladesh rose to 168th in the rankings this year from 176th in the previous...
One factory will go into operation at the Mirsarai Economic Zone (MEZ) next month and another five by June next year as the country’s largest industrial enclave is all set to open its doors to both local and foreign entrepreneurs. Jinyuan Chemical Industry Ltd, a Chinese company which...
Despite counting revenue loss in the short-term, Bangladesh should sign free trade agreements (FTAs) with its key trading partners for better export growth over the long haul, speakers said at a seminar on Saturday. They also called on government agencies and businesses to get ready to compete...
Bangladesh Foreign Minister Dr A K Abdul Momen on his first
official visit to Germany has invited German businesses to invest in the
country for a win-win scenario.
The minister highlighted the business-friendly policies and environment of Bangladesh when he addressed the German Federal Association for...
The Indian textile lobby is pressing its government to impose fresh non-tariff barriers on Bangladesh's apparel exports against the backdrop of rising shipment to the neighbouring country, officials said. The pressure came at a time when readymade garment exports to India clocked a 79 per cent growth...
The net foreign investment on the Dhaka bourse has kept falling for the seventh straight month because of eroding investor confidence and the rising fear of depreciation of the local currency.Their net investment hit Tk 60.36 crore in the negative in September, when foreigners bought shares worth...
Despite sharing a long border, Bangladesh is still a very tiny source for merchandise for India due to a lack of diversification of products and non-tariff barriers. India’s annual merchandise import amounts to $500 billion, in which Bangladesh’s share is only 0.2 percent, or a little above...
The private sector credit growth hit a nine-year low in August this fiscal year (2019-2020) amid liquidity crisis in the banking sector along with the advance deposit ratio adjustment-centric cautiousness of a section of the banks. In August, the private sector credit growth dropped to 10.68 per...
The Asian Development Bank (ADB), on its
latest economic outlook update, has shown how Bangladesh, and not India, is the
standout economy in terms of growth momentum in South Asia. The Indian Express,
in its online version, gave an explanation over the issue. The writing is
reproduced below: