Real-Estate & Infrastructure

The government is giving priority to sending skilled workers abroad to help boost remittance inflow, said Expatriates’ Welfare and Overseas Employment Minister Imran Ahmad on Thursday. He said there is a good demand for Bangladeshi workers in different countries, which are emphasising hiring skilled workers having language expertise. “We believe …

Businesses yesterday expressed concern over running production in industrial units because of ongoing power cuts, low pressure of gas in supply lines and high energy prices. Many industrial units, especially export-oriented small and medium garment units, are said to be having to subsequently delay shipments. The concerns were expressed at …

Real estate companies in Bangladesh are cautiously taking up new projects as the war in Ukraine, the strain on foreign currency reserves, the dollar shortage, runaway inflation and higher construction costs have cemented worries that sales of flats might slow in the coming months. One of the realtors that have …

Consumers in the areas under Dhaka Electric Supply Company Limited (Desco) experienced load shedding for over three hours on Saturday while those in the areas under Dhaka Power Supply Company Limited (DPDC) saw no power cuts. According to official sources, a forced shutdown of a power plant in Ghorashal Power …

Bangladesh’s pharmaceutical sector is expected to become an industry of $5 billion in the next five years, experts told a seminar organised by the Dhaka Chamber of Commerce and Industries (DCCI). Addressing the seminar titled ‘Export of pharmaceutical sector upon LDC Graduation: Strategies and Way Forward’ at the DCCI office …

Despite a 14% growth in revenue collection by the National Board of Revenue (NBR) in the recently-concluded fiscal year 2021-22, the revised target was missed by Tk30,000 crore. The collection target was Tk330,000 for FY22. They collected more than Tk300,100 crore revenue from income tax, value added tax (VAT) and …

The government approved separate proposals for procuring some 50,000 metric tons of wheat and some 30,000 metric tons of granular urea fertilizer to meet the growing demand of the country. The approvals came from the 21st meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held today …

Centre for Policy Dialogue distinguished fellow Debapriya Bhattacharya on Thursday said that the government would face challenges in payment of growing external debt from 2024. The country’s external debt repayment would be around 2 per cent of the gross domestic product from 2024 following maturity of many projects, he said. …

Industrial unit owners of different sectors have demanded that the government provide them immunity from blackouts or load shedding They also expressed relief at production remaining nearly unhurt yesterday, the first day of planned power cuts, just as the government had promised to ensure. Mohammad Ali Khokon, president of Bangladesh …

The Directorate of National Consumer Rights Protection (DNCRP) will start monitoring the market from today to ensure that no trader can sell edible oil at prices higher than the newly reduced rates, which come into effect on July 18. The consumer rights body took the decision at the third meeting …