The country’s private sector remains hamstrung by red tape, political uncertainty, and rising costs, all of which pose a serious threat to economic progress, according to Mohammed Amirul Haque, founding managing director and chief executive officer of Premier Cement Mills Limited.
Bangladesh’s exporters fear losses as India has barred the import of several products—including some jute items—through land ports, threatening crucial trade flows and millions of dollars in earnings.
Bangladesh's delicious mangoes: untapped economic potential, requiring a national strategy
Bangladesh’s non-leather footwear sector is emerging as a steering force in the country’s export landscape, driven by global shifts in consumer preferences, strong manufacturing capacity, and competitive pricing
Bangladesh must urgently adopt a strategic, reform-driven foreign direct investment (FDI) policy by removing existing barriers to attract and retain investment to remain competitive in the region, experts suggest.
Non-leather footwear exports rose 30.25% in the first 11 months of the current fiscal year
Scrapping the price range cap for bids, making e-GP mandatory for all public procurement and allowing NGOs to compete for tenders, the government has overhauled the public procurement law.
Bangladesh is dealing with one of its most challenging political and economic shifts, and the proposed US tariff hike to 37 percent on its exports could worsen the situation..This could turn out to be a big problem for the economy, especially for the readymade garment (RMG) industry, which
The Jica director is hopeful about the economic impact of Matarbari deep-sea port.
With Subrata Roy's death, a chapter of financial violations described by many as one of India's biggest Ponzi schemes, comes to an end.
State-run sugar mills have started crushing locally-grown sugarcane, aiming to produce 33,000 tonnes of sugar in the current fiscal year of 2023-24, said a top official.
Actual investments at six government-owned economic zones have remained at a far lower level compared to the proposals put forward by both foreign and local investors owing largely to inadequate facilities, official figures showed.
Meghna Automobiles Ltd, a concern of Meghna Group, is working to assemble passenger cars of South Korean automobile manufacturer Kia in Bangladesh, said a top official.
A three-day blockade enforced by major opposition parties and protests of garment workers disrupted the supply chain of daily essentials and sent the cost of transport higher, according to industry people and traders.
The opening of the Bangabandhu Sheikh Mujibur Rahman Tunnel under the Karnaphuli river will lead to the development of numerous industrial units from Chattogram to Cox’s Bazar and encourage urbanisation, said Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
Imports of liquefied petroleum gas (LPG) declined due to problems in opening letters of credit (LCs) amidst the ongoing dollar crisis, operators said.
Sales of heavy-duty commercial trucks in Bangladesh fell nearly 34 percent year-on-year in the January-September period this year due to shrinking economic activities and higher prices stemming from the devaluation of the local currency against the US dollar.
MK Shipping Lines is planning to operate a cruise from Dhaka’s Sadarghat to Howrah of Kolkata, starting off on November 20.
