Business

Guo Bing, a law professor in the Chinese city of Hangzhou, liked the zoo enough to purchase an annual pass. But he didn’t like it nearly enough to let the zoo take a high-resolution scan of his face. In what judges called the first...

The government, as well as the private sector, should take time-befitting measures to align artificial intelligence (AI) in manufacturing and service delivery to cope with the fourth industrial revolution (4IR). Simultaneously, future workforce should be skilled and educated with digital competencies because the 4IR-led...

Bangladesh has recognised the light engineering (LE) as a key critical for achieving its development targets, but the country is yet to explore most of its potential. We are way behind the rest of the world in excelling in the LE sector. However, the...

Agro products exports have registered strong growth in recent times, hitting the $1 billion mark in FY21, buoyed by an increased consumption of processed food as consumers holed up at homes globally during the pandemic. The sector is now striding towards gaining a strong...

Urging foreign investors to invest heavily in Bangladesh, Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat-Ul-Islam said that this is the high time to invest in Bangladesh as Bangladesh is in a wonderful place geographically, Bangladesh’s GDP growth is increasing despite the outbreak of Coronavirus...

From the barrel to the pump and subsequently to the consumers as a whole, the Covid-19 has started creating a domino effect. Due to an all-out countrywide shutdown since July 23 to contain the spread of coronavirus, industries, public transport and the like run...

The World Bank has acknowledged Bangladesh’s remarkable economic development and growth, and reassured the global lender's continued support for this country's prosperity. Private Industry and Investment Adviser to the Prime Minister, Salman Fazlur Rahman, met with World Bank’s Managing Director (Operations) Axel van Trotsenburg...

The National Board of Revenue is going to introduce a new system online from September 1 and taxpayers would be able to submit their income tax returns from mobile phones through this platform. The taxpayers would be able to submit their tax returns for...

Bangladesh is gearing up to tap into the highly potential electric vehicles (EV) market to generate employment and cut carbon emission. The Bangladesh Economic Zones Authority (BEZA) has set up an electric vehicle manufacturing plant on 100 acres of land at Bangabandhu Sheikh Mujib...

From now on, the chief executive officer (CEO) of any financial institution has to take permission of the Bangladesh Bank before leaving the country.  Bangladesh Bank in a circular on Monday made this mandatory provision. Earlier, a similar provision was made for the CEOs...