Bay Terminal project should get top priority Chattogram-based businesses say Staff Correspondent, Ctg Business leaders based in Chattogram yesterday urged the government to give top priority to the Bay Terminal construction project to enhance the port’s capacity to cope with spiralling foreign trade. Once constructed, the terminal with three times more space compared to Chittagong […]
1,200 factories shuttered in four years BGMEA says Star Business Report Some 1,200 garment factories have been closed down over the last four years because of their lack of compliance and falling behind in the competitive landscape, BGMEA said yesterday. “It is our apprehension that some more factories will be shuttered soon as they are […]
SDGs not possible without youth uplift: experts Star Business Report The Sustainable Development Goals will not be achieved without ensuring quality education and employment for the youth, experts said yesterday. There is no doubt that the country is facing different challenges when it comes to the youth, said Gowher Rizvi, the prime minister’s foreign affairs […]
Garment makers mull tie-up with Sri Lankan firms They aim to add value, cut lead time Refayet Ullah Mirdha Bangladeshi garment manufacturers want to tie up with their Sri Lankan counterparts to add more value to the garment supply chain and reduce the lead time by at least 10 days. The development comes after Malik […]
Bangladesh Delta Plan 2100 – making growth sustainable Shamsul Alam Bangladesh crossed over from a low-income economy to a lower middle-income economy in 2015. The country has already fulfilled all the criteria of graduating from least developed country (LDC) to a developing country. Making this growth sustainable is challenging in the face of extreme […]
$200m ADB loan to improve rural roads Star Business Report Asian Development Bank (ADB) has approved a loan of over $200 million to improve rural road networks that may benefit 51.5 million people in Bangladesh. “Rural roads are critical to supporting the country’s agriculture sector, which accounted for more than 15 percent of the country’s […]
Low-cost loans empower women Speakers at a dialogue say Star Business Desk Lower interest rates have a direct impact on women empowerment and ensure their active participation in the financial sector, said speakers at a dialogue. They spoke at the National Dialogue for Women Entrepreneurs at the Midas Convention Centre in Dhaka on Friday. […]
PepsiCo sees massive potential in Bangladesh CEO of PepsiCo’s franchise Transcom Beverages sheds light on soft drinks industry Khondoker Md Shoyeb The soft drinks industry has tremendous potential in Bangladesh, which is a home to a big pool of young population and has posted healthy economic growth in the last 10 years. The industry normally […]
Malaysia’s new approved direct investments rise to $19.18b KUALA LUMPUR, Oct 29 (Xinhua): Malaysia’s new approved direct investments in the services, manufacturing and primary sectors rose by 17.7 per cent year-on-year to 80.2 billion ringgit (about 19.18 billion US dollars) in the first half of 2018, according to data released Monday. Malaysian Investment Development Authority […]
Trade war threatens global economy Experts tell media workshop in China Mir Mostafizur Rahaman, from Boao Island, Hinan, China Rising oil prices, high debt level, trade war and low productivity pose serious threat to the world economy, experts warned on Monday. They said Asian countries need to be united to face this looming uncertainty. “Oil […]