Current News

Asia’s strong economic rebound early this year is losing momentum, with a weaker-than-expected second quarter. We have cut growth forecasts for Asia and the Pacific to 4 per cent this year and 4.3 per cent next year, which are well below the 5.5 per cent average over the last two …

Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman requested Turkey to relax tariffs on RMG and ceramic products for Bangladesh’s export growth. The DCCI President made the request when he met Turkish Minister for Trade Dr. Mehmut MUS at his Ministry in Ankara on October 2, said a …

Lukewarm response from the farmers along with alleged inefficient management have put the scheme to install solar-powered irrigation pumps in limbo. The project, launched in 2018 to ease pressure on the national power grid, witnessed only 30 percent overall with 3.75 percent of pumps installed until March 2022. It was …

With a view to building better transport and road infrastructure that would support industry and trade in the country, the government is working for construction of more elevated expressways and large bridges integrating existing bridges, flyovers, highways and tunnels. While economists say the construction of the 6.51-kilometer Padma Bridge at …

The Bangladesh high commissioner to Malaysia has highlighted the remarkable digital transformation of Bangladesh and underlined the importance of establishing institutional linkages to promote greater bilateral collaboration in ICT and digital economy. ‘We are determined to work closely with Malaysia to find ways and means to establish Bangladesh-Malaysia Digital Economy …

The 17th National Furniture Fair-2022 at the International Convention City Bashundhara in the capital witnessed a large number of visitors on Friday. Majority of the visitors crowded at different stalls and looked for modern and traditional home decor furniture items while traders were happy over the rising number of visitors …

The Department of Agricultural Marketing (DAM) under the agriculture ministry in early August had announced that marketing of miniket rice in the country’s markets has to be stopped. But apparently little state measure has come about in the last two months as miniket rice continues to be sold in the …

Following a raid last year, the Rapid Action Battalion (Rab) did not lock up Evaly’s headquarters, which enabled looting and for which registers and documents could not be provided to an audit team, claimed Evaly co-founder Shamima Nasrin yesterday. “On the day that Rab arrested us at our house, another …

Oil prices held near three-week highs on Thursday after Opec+ agreed to tighten global crude supply with a deal to cut production targets by 2 million barrel per day (bpd), the largest reduction since 2020. Brent crude futures edged down 16 cents, or 0.2 per cent, to $93.21 per barrel …

The Bangladesh Trade and Tariff Commission (BTTC) is conducting further studies on possible outcomes of the country joining the world’s largest China-led trade deal, Regional Comprehensive Economic Partnership (RCEP), Senior Commerce Secretary Tapan Kanti Ghosh said yesterday. In July this year, the BTTC in a study said Bangladesh would greatly …