Current News

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that Bangladesh needs $65 billion in investment in the power sector to meet growing demand. He said there will be huge demand in power and energy sector as more than 40 economic zones are being developed across the …

There is an urgent need for addressing the existing barriers to attract more local and foreign investors for the sake of further development of the country’s stock market. Besides, more participation of institutional investors should be ensured along with popularising mutual funds to avert possible volatilities in the stock market. …

Thirteen banks were holding more than half of the defaulted loans in the country’s banking sector as of September 2021 as the banks mostly failed to attain any significant progress in recovering loans from the defaulters. The banks were holding more than 10 per cent defaulted loans each against their …

The country’s apparel and textile sector leaders on Monday stressed the need for local and foreign direct investments in non-cotton-based backward linkage industries to tap potentials of manmade fibres on the global market. In a business session of the International Investment Summit-2021 organised by the Bangladesh Investment Development Authority at …

At least half the country’s TIN holders are likely to miss the November 30 deadline to submit their tax returns amid experts’ call to the National Board of Revenue (NBR) to go for bolder and people-friendly tax collection campaign. Speaking on condition of anonymity a senior NBR official told UNB …

Bangladesh’s stock market index yesterday broke out of a fall lasting six days but investor participation fell to a seven-month low for apprehensions over today’s meeting between the central bank and the stock market regulator. Stock investors hope for Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC) to …

CNNIC will showcase the compelling stories of Bangladesh’s apparel sector – namely, the strides the country has made in ensuring workplace safety, environmental sustainability and workers’ wellbeing The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has entered a partnership with US-based CNN International Commercial (CNNIC) to promote “Made in Bangladesh” …

A local inventor of jute-leaf drink has proposed the government to undertake a programme to facilitate export of the product to the European countries, particularly Germany, having its demand. Ismail Khan, the inventor, recently submitted the proposal to the Export Promotion Bureau (EPB), which forwarded it with a recommendation to …

Readymade garment factories which were inspected under the joint initiative of the Bangladesh government and the International Labour Organisation have made 48 per cent progress in remediation in the last six years. A total of 1,549 factories were inspected under the national Initiative, backed by the ILO and funded by …

The prices of daily essentials have kept going up in Dhaka and other parts of the country, hitting the pockets of consumers hard. It has caused an additional misery for the general public at a time when they have just returned to normal life on the back of receding coronavirus …