Real-Estate & Infrastructure

Speakers at a webinar today called upon the government for taking a good number of policy measures including signing of Free Trade Agreement (FTA) and Preferential Trade Agreement (PTA) with potential countries to ensure sustainable development of the plastic sector in the post-LDC era. They also demanded of the government …

In the last six years, there is no progress in implementation of the Prime Minister’s directive about imposing simple tobacco tax structure which is causing threat to public health and increasing tobacco consumption in the country, said experts. The experts came up with the statement speaking at a virtual roundtable …

The net sales of national savings certificates dropped by 49.88 per cent or Tk 14,621.97 crore year-on-year in July-February of the fiscal year 2021-2022 as the government tightened NSC sales rules to contain people’s buying spree of the savings instruments. According to Bangladesh Bank data, the net sales of NSCs …

Bangladesh’s export receipts registered a 33.41% year-on-year (YoY) growth to $38.6 billion in the first nine months (July-March) of the current 2021-22 fiscal year (FY), the latest Export Promotion Bureau (EPB) data shows. The country previously roped in $28.93 billion in the same period of FY21. Meanwhile, Bangladesh also saw …

Three Dhaka-based buying houses were found to have tried to launder Tk 6.9 crore through mis-declaration, according to the Chattogram Custom House. Customs officials say around Tk 6.90 crore would not have come to the country if the consignments had been shipped. Now, separate money laundering cases will be filed …

Planning Minister MA Mannan said the government has been facing numerous stumbling blocks from vested interests while allocating funds for the budget. “The culture of allocation should not exist in a democratic society but breaking this barrier suddenly is not easy. Prime Minister Sheikh Hasina is trying and hopefully, she …

The World Bank has extended a $250 million financing to Bangladesh in budgetary support after the country has moved to bring in fiscal and financial reforms to strengthen policies to sustain growth and enhance resilience to future shocks. On Friday, the Washington-based lender approved the loan, the first of a …

The government has developed a roadmap for the implementation of a substantive provision of the WTO Trade Facilitation Agreement to modernise border customs ports of the country by August 2023. The framework agreement is of cross-border paperless trade in Asia and the Pacific region with clear tasks, agency responsibilities and …

The jute industry in Rangpur is facing collapse as four small mills in the region have shut down while others may follow suit at any time after being compelled to shrink production due to multiple issues. The exorbitant price of raw jute amid unabated exports of the natural fibre to …

Potato farmers have come together to inaugurate this year’s exports in a sign of the country’s continued success in selling potatoes abroad. Four potato producer cooperatives joined the inauguration in Pairabandh, Mithapukur – the third annual inauguration in a row. Md Sayedul Islam, Secretary of the Ministry of Agriculture, and …