A local inventor of jute-leaf drink has proposed the government to undertake a programme to facilitate export of the product to the European countries, particularly Germany, having its demand. Ismail Khan, the inventor, recently submitted the proposal to the Export Promotion Bureau (EPB), which forwarded it with a recommendation to …
Read More »Special police team approved for Dhaka Mass Transit Company
As the first ever metro rail will open to traffic in the city in a year or two, a 357-member special police team will be formed to ensure safety and security of the state-of-the-art transportation system. The Finance Division approved the manpower for the MRT Police on Nov 1 which …
Read More »‘No idea who’s siphoning off money; give me a list’: Finance Minister
Finance Minister AHM Mustafa Kamal on Saturday said he has no idea who is actually siphoning off money from the country and asked the opposition MPs to provide him with a list of money launderers. “I don’t siphon off money. I believe you (MPs) also don’t. How will I be …
Read More »‘Agribusiness, digital economy and green finance key agents of success for Bangladesh’
Planning Minister Mannan says at the launching ceremony of a report titled ‘Somriddhir Ogrojatra – Accelerating Bangladesh,’ organized by the Foreign Investors’ Chamber of Commerce and Industry (FICCI) The three growth drivers — agribusiness, digital economy, and green finance — will be the key agents of success for the future …
Read More »3,000 women entrepreneurs to get digital, financial literacy training
A workshop on basic digital and financial literacy was launched yesterday to enable 3,000 female entrepreneurs of a UNDP marketplace to efficiently operate and expand their business online. Anondomela, the online marketplace of United Nations Development Programme (UNDP) for entrepreneurs, launched the 40-day event encompassing the participants from 40 districts. …
Read More »Govt aims for major reforms to boost tax receipts
The government plans to merge development and revenue budgets, amend income tax laws and establish a procurement authority in the next three years as part of a set of reforms aimed at boosting revenue collection and ensuring transparency in expenditure. Revenue generation in Bangladesh is one of the lowest in …
Read More »ICC Bangladesh’s new secretariat at Gulshan inaugurated
The national committee secretariat of the International Chamber of Commerce-Bangladesh was inaugurated on Saturday at Gulshan in Dhaka. Commerce minister Tipu Munshi inaugurated the new ICC Bangladesh office in a ceremony at the organisation’s new office as the chief guest, said a press release issued by ICC Bangladesh. Tipu Munshi, …
Read More »Tune policies to increase women’s role in economy:analysts
The government should give special attention when framing policies to enhance the economic contributions made by women in order to help the country achieve its goal of becoming a developed nation, according to analysts. “Bangladesh has done impressively well in terms of socio-economic development but many challenges remain when it …
Read More »Improve facilities, ease of doing business to attract more FDI
Enabling advantageous facilities for investors and making it easier to do business will help Bangladesh attract the foreign direct investment (FDI) expected in different sectors, according to the Foreign Investors’ Chamber of Commerce & Industry (FICCI). The government should focus on foreign investors’ success stories and get them involved as …
Read More »Most listed power companies see profits rise in first quarter
Most listed power generation companies saw their profits rise in the July-September period of the ongoing financial year as the economy is recovering from Covid-19, according to industry people. “The economy is rebounding after the coronavirus pandemic so power utilisation rose,” said Badrul H Khan, company secretary of United Power …
Read More »