Bangladesh, the country whose infrastructure was ravaged by the Pakistani occupation force in 1971, has stridden far ahead of Pakistan, the country it obtained independence from, in the last 50 years, observed IFFRAS, an international think tank headquartered in Toronto, Canada. Praising Bangladesh for...
Trade deficit of Bangladesh widened by nearly 28 per cent in the just-concluded fiscal year for higher import-payment pressure on the economy amid lower receipts from external trade, officials said. The trade deficit with the rest of the world crossed US$22.50-billion level to $22.80...
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...
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...
The Asian Development Bank (ADB) in its Asian Development Outlook Supplement of July said Bangladesh’s economic recovery will continue amid the second wave of Covid-19 much like the previous fiscal year, depending on exports and remittances. ADB today released the supplement on the Asian...
Bangladesh is set to enter the toughest lockdown enforced till now from Thursday in a bid to control the alarming Covid-19 situation after logging the highest number of single-day fatalities and cases in two consecutive days. The government prepares to deploy personnel of the Bangladesh...
Bangabandhu Sheikh Mujib Shilpanagar (BSMSN), an upcoming smart industrial city, is shaping the future of Bangladesh by attracting a huge amount of local and foreign investments, observed an expert on economic zones. Bangladesh Economic Zones Authority (Beza) consultant Md Abdul Quader Khan mentioned that...
নতুন বাজেটে শিল্প খাতে যেসব কর অব্যাহতি ঘোষণা করা হয়েছে, তার মধ্যে অটোমোবাইল কারখানা স্থাপনের সুবিধাটি সবচেয়ে বড়। এ খাতে বিনিয়োগ করলে উদ্যোক্তারা টানা ২০ বছর কর অব্যাহতি পাবেন। সংশ্নিষ্টরা বলছেন, গাড়িতে 'মেইড ইন বাংলাদেশ' ট্যাগ এখন সময়ের অপেক্ষামাত্র। বাজেটের সুবিধার বাইরে সরকার এ খাতের উন্নয়নে একটি...
The government will procure 12.35 lakh tonnes of refined fuel oil from China and Singapore at a cost of Tk 5,778 crore. Cabinet committee on public purchase on Wednesday approved a Bangladesh Petroleum Corporation (BPC) proposal to procurement of refined oil, presided over by...
Bangladesh, which weathered the pandemic better than most economies in South Asia, will continue to grow strongly as exports pick up. The country’s GDP growth is projected to accelerate 6.8% in FY2021 with stimulus package implementation and recovery in global growth and world...