Some 132 small and cottage industrial units inside two estates of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Sylhet have long been suffering due to the poor infrastructure and other facilities available to them. Owners of the affected industries have been reporting their grievances to the estate authorities …
Read More »Bangladesh, 3 other states to cut chemical waste
Four textile producing countries — Bangladesh, Indonesia, Pakistan and Viet Nam — have launched a programme to manage and reduce hazardous chemicals in textile industries with the aim of minimising risks to human health and the environment. The governments of the four countries under the initiative of UN Environment Programme, …
Read More »Plots still vacant at 60-year old industrial estates
Although the Bangladesh Small and Cottage Industries Corporation (BSCIC) had established some industrial estates as far back as the 1960s, a number of plots at these estates remain unallocated as work on land filling, constructing roads, ensuring security services and other utilities is still ongoing. The industrial estate in Barishal …
Read More »FBCCI urges JICA to set up petrochemical industry in BD
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the Japan International Cooperation Agency (JICA) to establish a petrochemical industry in the Matarbari-Moheshkhali project area. “Bangladesh lacks a petrochemical industry. Therefore, a petrochemical complex is needed to keep the country’s industrial development and economic growth going,” FBCCI …
Read More »Invest more to fight off cyber-attacks
Development of human resources and more investment are needed to thwart cyber-attacks that have skyrocketed in Bangladesh in recent years, experts said yesterday. For that, a concerted effort and investment from the government, business and banks are needed to protect internet-connected networks, devices and data from unauthorised access and criminal …
Read More »Beef up security, curb graft for more FDI
Security and transparency are the most important factors to attract foreign investment. At the same time, corruption is an obstacle the country should solve to encourage foreign investors to invest here, said Achim Tröster, the German ambassador to Bangladesh. “I hear from my contacts that this [corruption] is at least …
Read More »‘Businesses should be environment-friendly in Bangladesh’
Businesses should be environment-friendly in Bangladesh and they should ensure good governance to build a safer earth, analysts said today. Their comments came at the closing ceremony of the World Investor Week- 2022 organised jointly by the Central Depository Bangladesh Ltd (CDBL) and Central Counterparty Bangladesh Ltd (CCBL) at Le …
Read More »DCCI President requests Turkey to relax tariffs on RMG
Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman requested Turkey to relax tariffs on RMG and ceramic products for Bangladesh’s export growth. The DCCI President made the request when he met Turkish Minister for Trade Dr. Mehmut MUS at his Ministry in Ankara on October 2, said a …
Read More »Solar irrigation pump project hits a snag
Lukewarm response from the farmers along with alleged inefficient management have put the scheme to install solar-powered irrigation pumps in limbo. The project, launched in 2018 to ease pressure on the national power grid, witnessed only 30 percent overall with 3.75 percent of pumps installed until March 2022. It was …
Read More »More development projects planned to support trade, investment
With a view to building better transport and road infrastructure that would support industry and trade in the country, the government is working for construction of more elevated expressways and large bridges integrating existing bridges, flyovers, highways and tunnels. While economists say the construction of the 6.51-kilometer Padma Bridge at …
Read More »