Current News

A total of 1,000 acres of land in Araihazar upazila of Narayanganj has been prepared for a special economic zone (SEZ) dedicated to Japanese investors, according to Finance Minister AHM Mustafa Kamal. The Bangladesh Economic Zones Authority (Beza) and Bangladesh SEZ Ltd will now sign an agreement to set up …

Broad index of Dhaka Stock Exchange (DSE) on Wednesday rose marginally and broke the losing streak of previous three sessions riding on some large cap companies. On the day, the market saw another decline in turnover value which dropped below Tk 9.0 billion following investors’ lower participation in transactions. Meanwhile, …

Finance Minister AHM Mustafa Kamal expressed his high optimism that Bangladesh would get more foreign direct investment (FDI) in the coming days since the country is a very good destination for making investments. “Bangladesh is a very good place for making investment. Bangladesh is not lagging behind in attracting investment …

Bangladesh Investment Development Authority (BIDA) has included eight more services of four organisations with its online One Stop Service (OSS) centre to ensure ease and swift services for the investors in the country. To this end, BIDA on Wednesday signed a Memorandum of Understandings (MoUs) with the Department of Explosives, …

Amid higher inflation, the Centre for Policy Dialogue (CPD) yesterday called for cutting duties and taxes, both at import and domestic levels, for key essential commodities to provide respite to low and limited income families. The independent think tank’s proposal comes at a time when the queue of people at …

Islamic Development Bank (IsDB) will provide USD $ 56 million to improve sanitation and hygiene services for 14 lakh (1.4 million) people of 10 priority towns in Bangladesh. A loan deal in this regard was signed between Econmic Relation Division (ERD) and IsDB) in Dhaka on Sunday. Under the loan …

Grameen Bank has seen robust growth amid a rapid transformation of the institution in the area of human resources and technical development over the last two years. “We are now following the turnaround strategy for reviving the growth of Grameen (Bank). Grameen Bank posted the highest profit in its history …

Agriculture Minister Muhammad Abdur Razzaque yesterday urged rich nations to invest more to invent climate-smart agriculture and food systems and support developing countries. He also urged them to establish climate justice to sustain agricultural production and food security by tackling the adverse effects of global warming. He made the call …

Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday said Bangladesh’s RMG industry has made tremendous progress especially in the past decade, earning more trust and confidence of brands and buyers. He said this when President and Group Managing Director of CEMS Global, Meherun N. Islam, …

The government is undertaking a Tk 1,059 crore project to develop an optical fibre transmission network with a view to building 5G infrastructure all over Bangladesh. It aims to raise the data transmission speed to 100 gigabits per second (Gbps) at upazila levels, according to a project proposal of the …