Bangladesh on way to be a gadget-making hub Star Business Report The availability of workforce at a competitive wage, growing domestic market demand and a favourable policy are some of the key factors that make Bangladesh an attractive hub for high-tech manufacturing, according to a survey. In its report, International Data Corporation (IDC) found success […]
GDP growth in FY18 to be near 8pc: minister Inflation falls to 5.48pc in August Star Business Report The country’s economic growth could hit a record high of about 8 percent in the last fiscal year in the final count, Planning Minister AHM Mustafa Kamal said yesterday. “Prime Minister Sheikh Hasina will announce the actual […]
Call for ensuring safe food production Three-day BAPA FoodPro International Expo 2018 concludes FE Report Speakers at a function on Saturday laid emphasis on ensuring safe food production to compete and tap the local and international markets. They also made a call to promote exports and the food processing sector for giving an impetus […]
WB approves $515m for three projects FE Report The World Bank has approved $515 million for three projects in Bangladesh to aid improvement in the areas of coastal and marine fisheries, forest management, and rural roads. The financing will benefit rural people by reducing poverty and creating new livelihood opportunities, including for local communities in […]
BD to miss SDG target at present pace of housing Experts for social housing to address the problem FE Report The overall housing situation of the country is poor compared to the pace of development with 6.0 million housing shortages, according to experts. They spoke of the government’s lack of interest to take realistic measures […]
Bangladesh should have 4cr taxpayers Muhith says as tax fair begins Star Business Report Bangladesh now has around one crore taxpayers and the number should increase to four crore to help the government provide better public services and widen the tax net, Finance Minister AMA Muhith said yesterday. “The government creates opportunities for us to […]
Exploit finished leather, treble export earnings Industry players call for more compliance Jagaran Chakma Bangladesh can earn three times more from leather goods exports if all the finished leather produced in the country in a year is utilised, industry players said. Last fiscal year, the country exported $1.1 billion worth of footwear and other leather […]
Southeast Asia’s internet economy to exceed $240b by 2025: study Reuters, Singapore Southeast Asia’s internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their smartphones to go online. The study, first published in 2016, encompasses […]
DSE turnover rises 44pc Star Business Report Turnover at the Dhaka Stock Exchange jumped 44 percent yesterday riding on stocks of a group of 10 companies that solely contributed around 31 percent of the total turnover. Industry experts also attributed the rise to the stocks of Saiham Textile and Saiham Cotton, which attracted a total […]
Modern retail growing at 15pc a year Star Business Report Modern retail, which replaces traditional grocery shops, has been growing at 15 percent a year since 2014 in Bangladesh riding on changing consumer behavior, said a top official of Nielson, a leading global market researcher. In 2018 the total turnover is estimated to be Tk […]