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
Locally manufactured and assembled televisions now dominate the country’s TV market, with an enormous 90 percent market share, which is a significant change from just 12 years ago, when Bangladesh was fully dependent on imports.
Both imports and sales of reconditioned cars declined due to price increases stemming from the increase in the price of US dollars and the prevailing macroeconomic vulnerability, according to market insiders and market data.
With major indicators showing stress in the economy, there is no good news in the investment flow too as investors now prefer to stay away from taking new projects or expanding their existing capacity.
Fresh investment of around Tk 2,500 crore has been made in the automobile industry in the past two and half years since the formulation of the Automobile Industry Development Policy 2021, according to industry insiders.
The contribution of local construction companies and building material suppliers to establishing the third terminal of the Hazrat Shahjalal International Airport (HSIA) is proof of their capacity to provide world-class products and services, according to industry people.
The new Drugs and Cosmetics Act 2023 will help the pharmaceuticals sector of Bangladesh get rid of adulterated and substandard medicines and climb to the next heights, manufacturers say. .The inclusion of rigorous punishment for offences will also be beneficial, they say. In the Drugs (Con
With just days to go before ICC Cricket World Cup 2023, television purchases should have naturally picked up by now, with demand primarily expected to arise from sports enthusiasts trying to make do with limited means.
A land port in Khagrachari’s Ramgarh upazila, around 99 kilometres away from the country’s biggest sea port in Chattogram, is set to open tomorrow, which is likely to boost trade and tourism between Bangladesh’s southeast regions and India’s northeastern states.
In Bangladesh, the peak season for the tourism and hospitality sector begins in September and continues until March. And the upcoming long weekend is going to provide an initial boost to the sector, with operators in major holiday destinations coming up with various offers.
While already established as a major player in garment and pharmaceutical exports, Bangladesh is now expanding its presence in the global market for high-tech circuitry, namely printed circuit boards (PCBs).
