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Production of local medicine raw materials, better known as active pharmaceutical ingredients (API), holds huge forex-earning potential but faces a host of headwinds from within, industry-insiders have said. They say the emerging sector has been facing lack of sufficient investment, including bank finance, at a time when it can spread …

Demand for air conditioners, electric fans and rechargeable fans in the capital Dhaka has surged amid a sizzling hot summer in the country. According to the Bangladesh Meteorological Department, temperature in the capital rose to a 58-year record high to hit 40.6°C on Sunday. Dhaka was one of the 13 …

Britain’s economy has stalled, official data showed Monday, as Brexit and political uncertainty contributed to …

The government has appointed Nazrul Huda, a former deputy governor of the central bank, as …

The World Bank, or WB, is likely to provide US$4.50 billion in loans to Bangladesh …

Iraqi officials fear economic “collapse” if Washington imposes threatened sanctions, including blocking access to a …

People’s voracious appetite for shopping and consuming food and beverage from the convenience of one’s …

Leather and footwear, plastics and light engineering have been identified as the potential sectors, which …

State-Owned Pabna Sugar Mill, which has yet to see profits since its establishment in the …

President Donald Trump is set to sign a trade deal with China on Wednesday that …

Le Méridien Dhaka began its journey a little over four years ago but the upscale …

The World Bank has projected 7.2 per cent GDP growth rate for Bangladesh in the …

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Wednesday called for a special taskforce …

The commerce ministry has requested the revenue authority to cut the value-added tax on edible …

China is capable of maintaining steady economic growth in the year to come and beyond, …

The United States has imposed more sanctions on Iran in retaliation for its missile attack …

Grameenphone has taken delivery of huge volumes of network equipment without obtaining the approval of …

Regent Airways, which is now operating with just two aircraft, yesterday vowed to bounce back …

The overall tax burden in Italy dipped slightly over the first nine months of last …

All readymade garment (RMG) exporters will receive 1.0 per cent cash incentive on freight on …

Country’s bilateral trade deficit with the rest of the world increased slightly in the first …

The stock market regulator has approved a proposal of Islamic Finance and Investment Ltd to …

The government agencies’ execution of projects in the first half of this fiscal is poor …

India’s government is likely to cut spending for the current fiscal year by as much …

The government is now taking several initiatives to promote technical education in order to build …

Bank of Japan (BOJ) Governor Haruhiko Kuroda has said the central bank would conduct monetary …

Prime minister Sheikh Hasina on Monday expressed hope that the banks will implement the single …

Layering is one of the most popular methods for money launderers as it makes it …

Taiwan’s exports likely grew at a slower pace in December, after beating expectations with a …

A $10-million financial grant, Export Readiness Fund (ERF), was launched on Sunday to rev up …

Private credit growth is unlikely to pick up in the near future as most of …

Businesses and bankers often blame political instability for sliding private sector credit growth.