Entries by kmars

FDI-friendly policies only in paper

FDI-friendly policies only in paper MCCI chief says at Bangladesh Development Forum Bangladesh has policies favourable for foreign investors only in paper, Nihad Kabir, president of the Metropolitan Chamber of Commerce and Industry, said yesterday. “Little of these policies are reflected in real life,” she said at a session on creating an enabling environment for […]

Hasina seeks SDG funds from donors

Hasina seeks SDG funds from donors Bangladesh Development Forum begins in Dhaka Prime Minister Sheikh Hasina yesterday urged the developed countries to stand beside Bangladesh in its journey towards prosperity. Ensuring the supply of finance is a big challenge to achieve the sustainable development goals (SDGs), she said on opening Bangladesh Development Forum 2018 at […]

China’s economy set to slow to 6.5pc in 2018

China’s economy set to slow to 6.5pc in 2018 China’s economy is expected to cool this year as a government-led crackdown on debt risks and factory pollution drag on overall activity, a Reuters poll showed on Tuesday. Beijing is in the second year of a relentless campaign to wean China off its debt-heavy investment model, […]

Govt to spend Tk 18,483cr on 14 projects

Govt to spend Tk 18,483cr on 14 projects The Executive Committee of the National Economic Council (Ecnec) yesterday approved 14 projects involving Tk 18,483 crore. The approval came from the Ecnec meeting held at the NEC conference room with Ecnec Chairperson and Prime Minister Sheikh Hasina in the chair. “A total of 14 projects were […]

Exports await a blow

Govt to apprise donors of challenges as Bangladesh Development Forum begins today Bangladesh is possibly to lose about $2.7 billion in export salary each year once it graduates from the Least Developed Country bracket, where it has been for 43 years. Upon graduation from the LDC status, exports will be subjected to 6.7 percent extra […]

ECNEC approves 13 projects with Tk 12,415.79 cr

The Executive Committee of the National Economic Council (ECNEC) today approved 13 projects involving an overall estimated cost of Tk 12,415.79 crore including one project to ensure infrastructural development of some 3,250 private secondary schools across the country with Tk 5,237.38 crore. The approval was given at the 14th ECNEC meeting of the current fiscal held at […]

KL team shows interest in ICT investments

Newly-elected president of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) Syed Moazzam Hossain welcomed a 10-member business delegation from Malaysia led by Dato’ Tan Seng Sung of TC Management Service Corporation in BMCCI Office here. Moazzam Hossain initiated the discussion and briefed the forthcoming plan of activities of the BMCCI, reports BSS. Highlighting the […]

BMCCI plans to hold trade summit in KL

Dhaka, Jan 4 (UNB) – Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) is on a move to organise ‘Bangladesh Trade and Investment Summit’ in Kuala Lumpur, Malaysia in March to boost Malaysian investment in Bangladesh and bridge the trade gap between the two countries. Newly elected members of the Board of Directors of Bangladesh-Malaysia Chamber […]

Ecnec approves 16 projects involving Tk 15,969 cr

The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved a total of projects, including 15 new ones, involving an estimated cost of Tk 15,969.24 crore. The approval came from the regular weekly meeting of Ecnec held at the NEC conference room here with Ecnec Chairperson and Prime Minister Sheikh Hasina in the […]

Apparel exports saved by sturdy dollar

The favourable US dollar-taka exchange rate has lent a helping hand to apparel exporters in the outgoing calendar year, cushioning the fallout from the uncertain political climate in the Western world. In the first 11 months of 2017, Bangladesh exported garment items worth $26.40 billion, up 1.38 percent year-on-year, according to data from the Export […]