In a virtual speech, Ali Riaz, distinguished professor of politics and government at Illinois State University, said the country held elections in three phases while institutions gradually eroded. Professor Rashed Al Mahmood Titumir of Dhaka University's Department of Development Studies observed that a club of businessmen was sharing public assets among themselves. Former Cabinet Secretary […]
A bilateral meeting was held on Friday between Foreign Minister Dr. Hassan Mahmoud and Foreign Minister of The Gambia, Dr. Mamadou Tangara, on the sidelines of the OIC 15th Pre-Summit Preparatory Foreign Ministers' Meeting held in Banjul, Gambia. The Foreign Minister of Gambia expressed his deep appreciation to the Prime Minister of Bangladesh Sheikh Hasina […]
Opposition to separating TV from OTT platform has intensified
Construction of a waste-to-energy plant project in northern Dhaka, a surface water treatment plant in Rajshahi and a China-aided burn unit of Chittagong Medical College Hospital will start this year. More direct flights from Dhaka to Beijing will start soon, Yao said. Last week, he said, the Center for China Studies of Dhaka University was […]
The US and other international investors have raised concerns that the processes and requirements for outbound transfers from Bangladesh remain cumbersome, lack transparency, and involve significant delays in applications to repatriate profits, dividends and other capital, with some companies seeking approval. Waiting for more than a year. , With respect to labor rights, the report […]
The entrepreneur said he closed his office in Niketan in the capital to reduce the cost of business operations and now runs his office at his factory in Rupganj, Narayanganj. He said that several years ago there were 25 paper cup manufacturing companies in the country, but currently, 4-5 factories are in operation while others […]
The exclusive fashion house 'Viva Creations' has expanded its popularity in a very short span of time for its diverse collection of luxury apparel, jewellery, shoes, bags, accessories and fragrances. The second anniversary of the organization was celebrated with colorful programs in the capital, a press release said. The second anniversary of this fashion house […]
In response to Reuters questions, Acting Assistant US Trade Representative for South and Central Asia Brendan Lynch said the USTR is satisfied that the current surveillance system has had a minimal impact on trade so far, but that it would still allow the import of imported equipment. India is closely monitoring the investigation. ensure that […]
Bangladesh Bureau of Statistics (BBS) conducted a survey on the restaurant sector in 2021. The objective of the survey was to determine the contribution of the sector to the country's GDP. According to the survey results, there were 436,274 hotels and restaurants in the country in 2021, which was 58 percent more than in the […]
Good governance, policy support necessary in financial sector
Dhaka seeks continued aid despite LDC graduation
Mentioning that Bangladesh has export potential, Syed Naseem Manzoor said, “Global brands like Walmart and Nike moved to shift their manufacturing facilities from China because manufacturing is becoming difficult in that country, and we need that. One has to make oneself capable to take hold of the business. We have to attract foreign investors.” Emphasizing […]
The International Monetary Fund (IMF) estimates that Russia will have economic growth of 2.6 percent in 2024, while its government projects a slightly lower growth rate of 2.3 percent. Two other giant economies, Japan and the United Kingdom, have again fallen into recession. They recorded a shrinking trend for two consecutive quarters. This raised the […]
Entrepreneurs and executives from various companies investing in labor-intensive industries in this economic zone said the housing and public transportation crisis has made it difficult to tap the required number of workers, leaving investors understandably worried. Investors say that due to the housing and public transport crisis in the Bangabandhu Sheikh Mujib Shilpnagar area, workers […]
JP Build Construction Limited is a construction company based in Japan and launched elevator business in Bangladesh with an investment of $20 million in May 2023. JP Build Co., Ltd. started real estate and construction business in Japan in 2018. Jaypee Build is currently providing solar power plants, eco-energy power generation facilities, real estate business […]