Economist Rehman Sobhan has called on Bangladesh to strengthen its private sector and adopt more agile, forward-looking policies to keep pace with the rapidly shifting global economy. Speaking at the “Bay of Bengal Conversation,” organised by the Centre for Governance Studies (CGS) in Dhaka on Saturday, Sobhan warned that without …
Read More »Now IMED finds Savar leather park faultlines
A government watchdog has dug out an epitome of operational, environmental, and governance “failures” in a vital project that continue to undermine Bangladesh’s leather sector and its global competitiveness, thereby causing the country to miss millions in foreign exchange. On such a discovery of fiascos, the Implementation Monitoring and Evaluation …
Read More »SKOP calls Chattogram port blockade for Nov 26
Sramik Karmachari Oikya Parishad, a platform of 12 labour organisations, on Saturday announced the blockade of Chattogram port for November 26, demanding the cancellation of the recent decisions to lease out several port facilities to foreign companies. The announcement was made at a daylong Chattogram Divisional Trade Union Convention held …
Read More »New postal ordinance to redefine legal address
The government has moved to frame the country’s postal laws to give citizens a legally recognized address and secure access to financial services, as it moves to replace the 127-year-old Post Office Act of 1898 with the Post Services Ordinance 2025. The new law will create a national digital addressing …
Read More »RSC to handle all complaints of RMG workers
The RMG Sustainability Council (RSC) will now handle all workplace-related complaints in the readymade garment (RMG) sector. The organization has been handling only occupational safety and health (OSH) issues so far, but this time its complaint resolution process is being expanded. A notification signed by the organization’s managing director Abdul …
Read More »Five JICA-funded megaprojects stalled amid red tape, indecision
Five major development projects funded by the Japan International Cooperation Agency (JICA) have hit a standstill due to bureaucratic complications and indecision, leaving thousands of crores of taka worth of works in limbo. The Economic Relations Division (ERD), in its latest meeting, expressed serious concern over the stagnation of projects …
Read More »Savar leather estate likely to go under BEPZA
The government is likely to transfer the management of the Savar Leather Industrial Estate from the Bangladesh Small and Cottage Industries Corporation to the Bangladesh Export Processing Zones Authority in an effort to boost environmental compliance and revive the country’s leather export sector. A high-level committee, led by Bangladesh Economic …
Read More »Experts call for establishing a ‘Fintech Forum’
Experts and stakeholders in Bangladesh’s fintech sector have urged the government to establish a ‘Fintech Forum’ to foster a broader ecosystem and data-driven services aimed at accelerating financial inclusion. They also stressed the need for a stable regulatory framework and consistent policies to support innovation. The calls came at a …
Read More »Govt amends three key tax laws to dissolve NBR
The government has amended three major tax laws as part of an overhaul that will dissolve the National Board of Revenue (NBR) and create two new bodies — the Revenue Policy Division and the Revenue Management Division. On 6 November, separate ordinances were issued to update the Income Tax Act, …
Read More »26 innovations honoured with the Bangladesh Fintech Awards
Some 26 fintech innovations and solutions were recognised with the Bangladesh Fintech Awards yesterday. The recognitions were given at the third edition of the Bangladesh Fintech Award, in 14 categories, at a ceremony at the Pan Pacific Sonargaon in Dhaka. Some 12 innovations received honourable mentions, reflecting the diversity and …
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