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‘As many as 100 economic zones are now being set up across the country and I have already directed to establish food processing industries in the possible places of the zones’ Prime Minister Sheikh Hasina on Thursday stressed the need for establishing more food processing industries considering its growing demand …

Solar Module Manufacturers’ Association of Bangladesh (SMMAB), a business body of local module manufacturers, has made the demand while placing their proposals for the national budget for 2019-20 fiscal year to the National Board of Revenue (NBR) Local solar module manufacturers have demanded a provision in the upcoming national budget …

Bangladesh’s next economic crisis could take place in the financial sector, warns a top economist of the World Bank. “If there is any possibility of economic vulnerability in Bangladesh that could be in the financial sector,” the Bank’s chief economist for South Asia Hans Timmer told the FE in an …

Bangladesh needs to drastically improve its logistics network to handle the fast growing inbound and outbound cargo and container movement in line with the country’s remarkable economic growth. By 2021, the country would be dealing with 35 million TEUs (twenty-foot equivalent unit) of cargo and 53 million TEUs by 2025, …

The government will focus on reforming the financial sector, including banks and the capital market, to stimulate private investment and job creation, said Finance Minister AHM Mustafa Kamal yesterday. His comment came at a pre-budget discussion with the editors of print and electronic media, civil society and representatives of non-government …

Facebook Inc on Wednesday blew past Wall Street profit estimates in the first quarter and set aside $3 billion to cover a settlement with US regulators, calming investors who had worried about the outcome of a months-long federal probe. Shares of the world’s biggest online social network jumped more than …

The government is set to fix GDP (gross domestic product) growth target for the next fiscal year at 8.2 per cent, officials said. The total size of the budget for fiscal year 2019-20 may be around Tk 5.25 trillion, they said. The National Board of Revenue (NBR) will be asked …

Under growing scrutiny from investors and regulators, embattled US aerospace giant Boeing will have a chance this week to reset the narrative as it aims to pivot from two deadly crashes that have grounded a top-selling plane. The company will report earnings on Wednesday for the first time since a …

Grameenphone yesterday reported Tk 890 crore in net profit for the first quarter of 2019, up 25.6 percent year-on-year, as the indomitable operator continues to go from strength-to-strength in spite of its regulatory tussles of late. The carrier, which has been locked in a tug of war with the Bangladesh …

Biman Bangladesh Airlines is going to resume direct flights from Dhaka to Delhi from May 13 with ticket prices starting at $300 (Tk 25,200), excluding tax. There has been no direct flight on the route since Jet Airways suspended its operations fwwor an indefinite period from March 31. Biman’s fare …