Real-Estate & Infrastructure

President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Md Jashim Uddin today said that domestic industries would fall in difficulties if the current lending rate is increased. He said this while speaking at ‘ERF’s Dialogue’ as the chief guest, organized by the Economic Reporters’ Forum (ERF), …

A section of unscrupulous traders has been trying to make the basic commodity market unstable by creating a syndicate after the international prices of essentials went up, Commerce Minister Tipu Munshi said yesterday. The commerce ministry and other government agencies are working to put an end to the market manipulation, …

The country may see a bumper production in the current Aman season that will add a large quantity of the staple grain to the national food basket. Aman harvest has already begun across the country. Its production has been projected to increase 13 lakh tonnes more than the previous year’s. …

Soybean oil price may go up as Bangladesh Tariff Commission is considering proposal for hiking edible oil price due to higher production costs. Bangladesh Vegetable Oil Refiners and Banaspati Manufacturers Association, the association of owners of edible oil refining and marketing companies, has submitted a proposal to raise soybean oil …

Eight treasury bonds and bills have changed hands on the secondary market in the last 19 working days since the trading was allowed on October 10. A total of 250 treasury bills and bonds, with tenures of two to 20 years, were tradable on that day with a market capitalisation …

The government should restore discipline in the banking sector as some banks made abnormal profits by selling US dollars cashing in on the exchange rate volatility, FBCCI President Md Jashim Uddin said today. “Some banks even have made Tk 200 crore to Tk 300 crore within a short span of …

With data released by the Bangladesh Bureau of Statistics (BBS) saying that inflation hit a 10-year high in August, we are worried by the continuing inflationary trend, which seems poised to hit a boiling point. Overall, inflation surged to 9.52% in August, then dropping to a still-high 9.10% in September. …

Following the strict rules and regulations, a new and modern training centre was established to train operating personnel for Rooppur Nuclear Power Plant (RNPP) at Ishwardi, Pabna. “Bangladeshi personnel will be trained in specialized classrooms and other facilities with state-of-the-art equipment,” Director General of Rosatom State Corporation Alexey Likhachev said. …

Resource constraints, including shortage of capital, required policy support and failure to attract desired foreign direct investment (FDI) in the country’s potential sectors, are the major obstacles in diversifying export baskets over the years, experts and economists said on Thursday. Moreover, absence of integrated trade and sector strategies and follow-on …

Experts and business leaders on Thursday said that absence of integrated strategy, low competitiveness of new products and lack of bilateral and regional negotiations in securing access to exports and foreign direct investments were the major constraints for Bangladesh to diversify its exports. The government should extend long-term sector based …