Planning Minister MA Mannan on Thursday said the ministries and divisions concerned would be more careful to avoid unnecessary expenditures and maintain austerity during the implementation of development projects for better outcomes. “We’ve all agreed that not only in the Covid-19 situation, we’ll have to maintain austerity...
Speakers at a dialogue on Monday said Covid-19 crisis puts unprecedented strains on markets, governments, businesses and individuals, but simultaneously it has brought opportunities for digitalisation. Coronavirus could be one of the most serious challenges facing the financial services industry, they added. To address the impacts, the...
Private Industry and Investment Adviser to the Prime Minister Salman F Rahman on Wednesday said Bangladesh will attain double digit next year in the global ranking of ease of doing business. He made the remark at a virtual meeting for the launching of three new services on...
Indian High Commissioner to Bangladesh Riva Ganguly Das on Tuesday urged Indian business leaders to explore opportunities for collaboration and joint ventures (JVs) with Bangladesh, including exports to third countries. She mentioned about excellent manufacturing environment, vibrant demography and favourable investment atmosphere in Bangladesh. The High Commissioner...
Bangladesh and Japan have signed the largest-ever loan deal, amounting to $3.2 billion to help Bangladesh become a middle-income country and defeat the novel coronavirus pandemic. Japanese Ambassador to Bangladesh Ito Naoki and ERD Secretary Fatima Yasmin signed 'exchange of notes" of the 41st Official Development Assistance...
Tucked into a suburban shopping center about two miles from a Civil War battlefield, this Tractor Supply Co. outlet has become a rare hot spot in an economy that has gone ice cold. Since the first days of the coronavirus pandemic, the retailer for farmers, ranchers and suburbanites...
Bangladesh's financial sector will have to adopt new technologies and services in the post-Covid-19 period for the lenders to move their operations online and address the recent challenges faced by the industry, speakers said at a webinar yesterday. The coronavirus could be a boon for digital financial...
Kakoly Russell Talokder, a small entrepreneur selling Jamdani sarees on her Facebook page Kakoly’s Attire, has experienced a huge jump in her business since joining the online Women and e-Commerce forum (WE) late last year. “I started an online business early last year but did not get...
Cottage and micro industry entrepreneurs are not getting loans from the government's Tk20,000 crore stimulus package for these businesses along with small and medium enterprises (SMEs) as banks are disbursing most of the loans to medium industries. As a result, many cottage and micro industries are on...