Chattogram City Corporation workers started removing the rawhide from the streets of Aturar Depot, Muradpur and Bahaddarhat on Tuesday afternoon.
Read More »‘Market is big enough for growth’
As public transport in Bangladesh is not adequate, there is scope for the ridesharing services to grow further, Quazi Zulquarnain, lead, Uber Bangladesh, tells Dhaka Tribune in an interview with Ahmed Shawki
Read More »Local firm to set up $200m plant to make electric vehicle
Local automobile company Bangladesh Auto Industries Ltd (BAIL) is all set to make electric vehicles from next year with an initial investment of $200 million. The facilities, civil work and utility connection of the proposed plant on a 100-acre of land at the Mirsarai economic zone in Chattogram will be …
Read More »Govt draws up plan to face impact of LDC graduation
The government has prepared a plan to face the impact of Bangladesh’s graduation from the least developed country’s category on trade and foreign aid and discussed it with the United Nations. A 13-member delegation led by Planning Minister MA Mannan had a meeting with the Global Partnership for Effective Development …
Read More »BB prods banks to raise exposure to share market
The central bank has asked some 20 banks to boost their investments in stocks to help revamp the country’s ailing capital market. The banks have the scope for investing more in listed securities in line with the existing rules and regulations, officials said.
Read More »Farmers charged 19pc interest against Tk 8,300cr farm loans
Farmers were charged on average 19 per cent interest against 35.14 per cent of the farm loans disseminated by banks through microfinance institutions or non-governmental organisations in last fiscal year (2018-19) in line with the Bangladesh Bank policy.
Read More »Remittances hit record $16.42b in FY’ 19
The flow of remittances grew by 9.65 per cent to a record US$16.42 billion in the just-concluded fiscal year (FY) as the exchange rate of local currency weakened against the US dollar.
Read More »BD-linked funds in Swiss banks swell by 28pc
The amount of Bangladesh-linked funds in the banks of Switzerland jumped by 28 per cent last year after a decline a year ago, according to the latest Swiss Bank data.
Read More »Central bankers in a bind as G20 bickers over trade
For decades the United States led the push for lower tariffs worldwide, but US President Donald Trump is testing the solidarity of his G20 peers with a protectionist line on trade, putting central bankers in a tough spot with depleted resources to battle a downturn that may be coming sooner …
Read More »Indians keen to explore Bangladesh’s green brick market
Indian construction equipment manufacturers see a business potential in Bangladesh as the country is gradually phasing out clay brick and embracing cost-effective and eco-friendly automatic brick and block.
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