Real-Estate & Infrastructure

Nine foreign and domestic firms are going to invest $55 million in Bangladesh’s hi-tech parks to set up manufacturing units for a number of products, including semiconductors, digital devices, and medical equipment.

According to a government decision, programmes with advertisements on foreign channels cannot be shown in Bangladesh.

A total of 46,100 factories across the country are set to undergo safety inspections as the government looks to ensure adequate infrastructural and fire safety measures at all industrial units.

NRB Bank has incurred a loss of Tk 103 crore as it intentionally became involved in unethical trading practices in the stock market to favour gamblers, which weakened the financial health of the lender and put depositors’ money at risk.

The field office of the value-added tax (VAT) and audit team of the tax administrator is going to examine the authenticity of audited financial statements submitted by companies along with their returns.

Commerce Minister Tipu Munshi said the government wants the e-commerce sector would to run in a more disciplined way shrugging off recent anomalies by some companies.

Servitisation is getting popular throughout the world as a profitable business model. It has been embraced by the developed countries and the companies operating within sectors, where the high-installed product bases are a prerequisite, such as elevators, business machines, printing and packaging machinery, construction equipment, health care, and agricultural machinery.

Facilitation of speedy disposal of the goods is very much significant in international trade and commerce

The goods transport owners and workers’ association enforced a 72-hour countrywide strike from Tuesday morning to press for implementation of their 15-point demand, badly disrupting delivery of goods across the country.

The government on Tuesday lowered the rate of return on savings schemes.