More women joining labour force: ILO Star Business Report Female participation in Bangladesh’s labour force has increased to 36.3 percent in 2017 from 33.2 percent in 2016 thanks to the flourishing garment industry, according to a report of the International Labour Organisation. The participation of male workers in the labour force also increased slightly to […]
Listed textile, garment firms’ profits edge up Star Business Report Most of the listed textile, knitting and garment companies saw their earnings per share (EPS) creep up in the first quarter of the current financial year (2018-19) thanks to higher export growth. Of the 53 listed companies, 30 saw their EPS — an indicator of […]
Cheap labour continues to draw Japanese investment Refayet Ullah Mirdha The devastating terrorist attack in Dhaka in July 2016 that killed seven Japanese citizens could not dampen the Far East nation’s attraction towards Bangladesh when it comes to trade and investment. Since 2016, 24 new Japanese companies came to Bangladesh to take the tally to […]
Improve ease of doing business to attract more FDI ICCB suggests Star Business Desk Bangladesh should make all-out efforts to improve its position in the Ease of Doing Business index of the World Bank in order to attract more FDI, a leading chamber said yesterday. In order to plug the investment shortfall for its infrastructure […]
FDI picking up, but slowly AKM Zamir Uddin Foreign direct investment in Bangladesh rose only 5.11 percent in fiscal 2017-18 from a year earlier — the progress being slow because of inadequate infrastructure and poor ranking in the World Bank’s Ease of Doing Business index. Bangladesh ranked 176 out of 190 countries in the World […]
Narayanganj to get electric train service Star Business Report The government has taken up a project to introduce electric train service in Narayanganj under a public-private partnership with Singapore. The cabinet committee on economic affairs with Finance Minister AMA Muhith in the chair yesterday approved the local government division’s proposal to reduce the district’s traffic […]
“We need to build residential apartments outside the capital to meet the housing needs of future generations” In conversation with Alamgir Shamsul Alamin (Kajal), President, REHAB What is the current scenario of the real estate industry in Bangladesh? Despite going through a transitional phase, the real estate sector maintains its stability in terms of market […]
Japan’s Honda opens motorcycle plant Farhana Mirza and Jagaran Chakma Japan automobile giant Honda yesterday inaugurated its motorcycles manufacturing plant in Bangladesh, in what can be viewed as a watershed moment for the country’s industrial capabilities. The plant, which was set up for Tk 230 crore on 25 acres of land in the Abdul Monem Economic Zone […]
Prices of toiletries shoot up Consumers feel the pinch Prices of toiletries have shot up in recent months, burning a hole in the pocket of limited income group. Almost all types of soaps, shampoo, toothpaste, detergent and toilet cleaners saw a price hike of up to 27 per cent at retail markets over the past […]
Low-cost loan for govt employees to boost housing sector: REHAB FE Report Hailing the government’s move to provide low-cost housing loan to its employees, the realtors said it will help turn around the country’s real estate sector. They also said such affordable home loan for nearly 1.2 million public servants will also give an impetus […]