News

An eco-friendly transport system is inevitable in the ever-changing world where carbon emission is leading to global warming. It is the responsibility of the world leaders to get united and reach a sustainable agreement to limit carbon emissions and reduce global warming. Transport manufacturers and users also must play a …

Commonwealth Enterprise and Investment Council (CWEIC) is willing to assist Bangladesh in sustaining its robust economic growth after the country’s graduation from the category of least developed countries (LDCs), says Samantha Cohen, CEO of CWEIC. Ms. Samantha made the remark at a meeting with Md Jashim Uddin, president of the …

The High Court on Sunday directed the mobile phone operators of the country to ensure crystal clear voice call quality, speedy internet service and stable network as they advertise and circulate in TV channels, national dailies and other electronic media to solve the problems like call drop and call disconnection. …

Though overall annual development programme (ADP) implementation slightly rose year-on-year in the current fiscal year’s first half, government spending for development projects is still below that of the pre-pandemic period. The government managed to spend Tk 56,962 crore from its ADP budget in this fiscal year’s six months till December, …

Dhaka stocks opened slightly higher while Chittagong stocks declined marginally on Sunday as investors traded cautiously amid the rising trend of coronavirus cases and death in the country. Following the previous week’s gaining streak, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up10.85 points or 0.15 per …

Top business leaders yesterday urged the government to take steps to put an end to the harassment businesses face at the hands of VAT and tax officials and extend the loan moratorium period to help them recover from the coronavirus pandemic. Some 40 to 50 per cent of businessmen will …

The Bangladesh Competition Commission (BCC) has drafted rules to complete inquiries within 15 working days after receiving allegations of anti-competitive practices. If needed, the BCC will get additional 10 working days to do the job as it looks to settle cases fast and create a competitive environment among businesses. “We …

The rules set by the government for people’s movement during the pandemic will leave little impact on the economy and the lives of the general mass, Finance Minister AHM Mustafa Kamal said today. “It (the Covid-19 pandemic) will be less harmful this time than we have been fearing it to …

The government should move gradually and reconsider energy companies’ recent proposal to raise gas prices as any sharp hike will increase overall cost of production of industries, said Abul Kasem Khan, chairperson of Business Initiative Leading Development (BUILD). “If gas prices are hiked at a steep rate, it will not …

A US-based multinational Huntsman Corporation is set to invest $20 million in an industrial unit at a private economic zone (EZ) in Bangladesh, people familiar with the development say. It will establish a dye and chemical manufacturing plant on five acres of land at Abdul Monem Economic Zone in Munshiganj. …