Real-Estate & Infrastructure

With increasing climate risks, Bangladesh needs to continue investments to strengthen climate resilience in the coastal zones to protect the development gains, says a new World Bank report launched on Monday. The report, “Bangladesh: Enhancing Coastal Resilience in a Changing Climate” highlights the country’s journey to reducing vulnerability to climate …

Three more Bangladeshi garment factories yesterday received international recognition of being green, taking the total to 171, although international clothing retailers and brands are still not paying premium prices for apparel items produced by those suppliers. The three received a platinum-rated Leadership in Energy and Environmental Design (LEED) certification from …

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will award scholarships to some 30 female students per year for higher education. Awarded students will have the opportunity to study at the Asian University for Women. In this connection, the FBCCI today signed a Memorandum of Understanding (MoU) with …

The National Small and Cottage Industries Association of Bangladesh (NASCIB) has claimed that the livelihood of small traders will be threatened if the draft bill prepared for the proposed amendment to the Smoking and Tobacco Products (Control) Act is implemented. The leaders of the organization highlighted provisions of the draft …

Bangladeshi textile millers put forward seven points at a meeting with the International Cotton Association on Thursday, seeking changes in the cotton rulebook for ensuring equal treatment for both the cotton buyer and seller. The points included mandating written confirmation for a cotton contract, mediation before arbitration, mandating oral hearing …

The country’s overseas employments in the eight months of the current year witnessed a robust growth following demands of manpower from different job-destination countries. Bangladesh sent 783925 workers abroad in the January-August period of 2022, as against 275791 in the matching period of 2021, reflecting more than 184 per cent …

Indian businesses want to invest in energy, transport and agro-processing sectors in Bangladesh, Commerce Minister Tipu Munshi said yesterday. Besides, Adani Group has proposed to invest Tk 4,500 crore in Bangladesh, he said. The minister spoke from his residence in Rangpur while sharing the outcome of Prime Minister Sheikh Hasina’s …

A saver will face a maximum of six months of imprisonment, Tk 100,000 in fine, or both, if he or she provide false information while buying savings certificates under the new Public Debt Act 2022, which replaced the British-era law. The government issued a gazette to this effect on Wednesday. …

The sale of national saving certificates, which was declining since last year, almost hit rock bottom in July, the first month of the new fiscal year 2022-23. Insiders believe sales of the savings tool may decrease further in the next months, despite several steps taken by the government in recent …

Selling rice and flour through open market sale (OMS) program will continue until the rice market is stable, Food Minister Sadhan Chandra Majumder said today (September 6, 2022). “The government operates the program for five months – from March to April and September to November – every year and the …