Belt and Road Initiative: BD needs long-term funding Bangladesh needs to ensure an adequate supply of long-term funding to benefit from China’s ‘Belt and Road’ projects. A top official of a global financial giant said this in an exclusive interview with the FE recently. For this, Bangladesh should strengthen its financial as well as capital […]
The 5 Worst Foods To Eat If You Have Arthritis Most people have no idea that eating the wrong foods can cause arthritis pain flare-ups. That’s why I’ve prepared this article to walk you through the 5 Worst Foods to eat if you suffer from arthritis. In just a few minutes from now, you’ll know […]
Analysts stress skills development Employers in the country have to hire people from abroad to fill up the top managerial posts as there is dearth of skilled manpower in Bangladesh, analysts said yesterday. The government should allocate more funds in the budget to develop skilled human resources to fulfil the increasing demand of manpower in […]
Modernise companies act for ease of doing business The government should update the companies act to ensure a business-friendly atmosphere in Bangladesh, speakers told a seminar yesterday.“A comprehensive companies act should be formulated to ensure transparency and accountability,” said one of the speakers, Ajit Kumar Paul, additional secretary (financial institution division) to the finance ministry. […]
Current account deficit records steep rise on higher imports Crosses $7.0b in nine months of FY ’18 The country’s current account deficit widened, reaching a record high in the first nine months of the current fiscal year (FY) as imports grew faster than exports. Central bank statistics, released on Tuesday, showed that the current account […]
BONDED WAREHOUSE PRIVILEGE Licences getting hard to come by About 200 applicants, who have set up factories to make wares for export, are kicking their heels in frustration because of the Customs Bond Commissio-nerate’s (CBC) apathy in giving out bonded warehouse licence, a duty-free privilege extended to exporters. In some cases, some applicants are waiting […]
Golden Harvest to set up cold storage chain Golden Harvest Ice Cream Limited, a fully owned subsidiary of Golden Harvest Agro Industries, signed an agreement with IFC lnfraVentures on Tuesday to set up cold chain warehouses across the country. The company says the temperature controlled logistics infrastructure would be used in keeping and distributing goods […]
Malaysia tries crowdfunding to plug ballooning debts KUALA LUMPUR (Reuters) – Malaysia has set up a fund for members of the public to donate cash to help the new government repay its hefty national debt, the finance ministry said on Wednesday, providing a bank account number for deposits. Prime Minister Mahathir Mohamad has made it […]
Training boosts garment workers’ productivity: study The garment factories that have trained workers have seen a productivity rise by 5 percent, according to a survey of the International Finance Corporation released yesterday. The trained female operators of the factories were also promoted to the posts of supervisors for their efficiency gained from the trainings, it […]
Utilising time when stuck in traffic jam The population of Dhaka city is at a staggering number of over 18 million. This data in and of itself can raise the eyebrows of many Westerners when they hear about the size of Dhaka. Our country’s capital is now officially the most densely populated city in the […]