Commerce Minister Tipu Munshi has asked Bangladesh embassies of different countries to work to take advantage of post-Covid-19 export trade. “For this, the ambassadors posted in different countries have to play an important role. Saudi Arabia, Kuwait and Uzbekistan are friends of Bangladesh. There are huge demands...
Introduction
The Covid-19 pandemic, which emerged as a multilayered global health crisis, has had a ripple effect of enormous proportions on the lives and livelihoods of people worldwide. Amongst those most significantly affected are developing economies, such as India and Bangladesh. The leadership and...
Logistics is the backbone of economic activities in a country. A sustainable and optimized logistics system can lower trading costs and help countries compete globally. Additionally, having a plan for logistics in supply chain management is extremely important to the success of businesses; either big or small....
The government considers enhancing the skills of the country’s capable population and their productivity to fulfill the demand of the labour markets, both at home and abroad, aiming to face the adverse impact of COVID-19 that devastated the national economy. Some 12.0 million Bangladeshi people are engaged...
The central bank has asked scheduled banks to introduce deposit accounts for non-resident Bangladeshis (NRBs) to encourage these people, who are working aboard, in saving their hard-earned money in Bangladesh. Under the new policy, the accounts will be in the form of savings nature for a period...
Businesses are progressively becoming confident of a comeback from the brutal blow dealt by the global coronavirus pandemic, found a recent survey. Conducted by the South Asian Network on Economic Modelling (SANEM) in collaboration with The Asia Foundation among 303 firms representing manufacturing and services sectors, the...
Karnaphuli Tunnel Project has achieved a "breakthrough" with the completion of the left line despite the coronavirus outbreak in the country. The project in Chattogram is constructed by China Communications Construction Company Limited (CCCC). Featured with two-tube four-lane of the shield section, the Karnaphuli Tunnel connects Chattogram...
The government has finally issued guidelines on how solar-powered irrigation system owners can be paid for exporting power back to the grid. However, for those who expect to have to use grid power to augment solar from time to time, there could be a sting in the...
The COVID-19 pandemic has forced global trade to reach a standstill as countries struggle to provide for their own. Despite a global trade slump, China has recently opened new trade avenues for Bangladesh with lucrative incentives to stimulate trade.
China has announced a tariff...
Japan will provide 329 million US dollars (equivalent to 35 billion yen) to Bangladesh as grant to help the country combat coronavirus. "Japanese Prime Minister Shinzo Abe made this announcement when he talked to his Bangladesh counterpart Sheikh Hasina over phone this afternoon," PM's Press Secretary Ihsanul...