Current News

Bangladesh Special Economic Zone (BSEZ), dedicated for Japanese investors, is expected to bring in foreign investment worth US$20 billion.

Al-Arafah Islami Bank unveiled its new logo at Hotel Purbani International yesterday as part of a rebranding campaign to improve services and celebrate 25 years of operations.

Singapore said on Monday that the coronavirus outbreak will hurt its economy this year, as it announced new measures to tackle the disease which originated in China and has spread to the city-state and several other countries.

More than half of chief executives in an annual survey by PwC expect a slowdown in global economic growth this year, in marked contrast to the confidence that has lifted stock markets.

Sri Lanka earned a record 5.3 billion US dollars from its apparel exports in 2019, showing a 5.1 per cent year on year increase, according to the Joint Apparel Association Forum (JAAF).

More than 6.60 million trained workers got employments abroad in the last one decade, from 2009 to 2019, and they remitted around $153.13 billion during the period.

Discussants at a dialogue held in Dhaka on Tuesday suggested the government not judging the country’s macroeconomic scenario only by the growth rate but also by the generation of new jobs.

The government has alerted its ministries and divisions to avoid spending beyond the original budget allocations as resource mobilisation becomes slower.

The National Board of Revenue (NBR) is going to cut duty-free benefit on import of 21 types of power plant equipments, categorising them ‘locally available and consumable products.’

Higher borrowing of the government during the first half (H1) of the current fiscal year (FY20) compelled the central bank to revise the growth rate of the borrowing significantly upward for the second half (H2) of the year.