Real-Estate & Infrastructure

Every industry, instead of just the garment sector, should be allowed to import fire safety equipment at reduced rates to safeguard workers’ rights and broaden Bangladesh’s image abroad, said entrepreneurs at a meeting yesterday. High duties often make it impossible for small and medium entrepreneurs to avail adequate protection measures, …

Agriculture Minister Dr M Abdur Razzaque said the government is formulating roadmap for quick increasing of rice production considering annual demand of the staple food. “The government is formulating roadmap for increasing huge rice production within 1-2 years,”he said. The minister said this while exchanging views with the journalists following …

Bangladesh has disbursed 59 per cent of the total credit support unveiled by the government to protect businesses, the economy and the poor since the coronavirus pandemic hit the country more than one-and-a-half years ago. The government was swift in its response when it came to introducing stimulus packages after …

Farmers are expanding cultivation of hybrid rice to reap benefits of higher yield than inbred varieties and profit from sale of the staple food. And overall cultivation of hybrid rice during the Boro season hit at 12.11 lakh hectares of land in the fiscal year 2020-21, the highest on record. …

The government’s development expenditure saw a modest rise by 0.17 percentage points to 24.06 percent in the first half of FY22 mainly thanks to improved local resources utilisation. Implementing agencies managed to accomplish 23.89 percent progress in Annual Development Programme (ADP) during the same period of FY21. The volume of …

Implementation of the Bangladesh, Bhutan, India and Nepal (BBIN) motor vehicle agreement will enable the adoption of a sub-regional protocol for a cost-effective, efficient and seamless multimodal transport system, according to speakers at a webinar. This will lead to a significant decrease in the cost of doing business and eventually …

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Tuesday reiterated the need for speedy completion of the ongoing railway development projects across the country to derive economic benefit. “The growing economy of Bangladesh has reinforced the need for upgrading railway connectivity, including building new tracks and converting single lines to …

Summit Alliance Port said its earnings rose in the first half of the current financial year of 2021-22 as its handled an increased volume of containers for international trade during the period. The net profit of the leading off-dock increased 7 per cent year-on-year to Tk 10.35 crore in the …

Lack of skilled manpower is hindering the private sector’s efforts to reach various development targets set by the government, Md. Jashim Uddin, president of the country’s apex chamber said on Sunday. The FBCCI president was speaking at its Standing Committee meeting on National Economic Policy and Planning, 8th Five Year …

The government is set to launch a special drive against illegal stockpiles of raw jute to ensure a smooth supply in the domestic market and enable mills to make jute goods for export, the textiles and jute ministry said yesterday. Golam Dastagir Gazi, minister of textiles and jute, made the …