Jagaran Chakma

Jagaran Chakma is a Staff Reporter of The Daily Star

Refrigerator sales decline despite Eid

Sales of refrigerators and chest freezers declined by 13 percent ahead of Eid-ul-Azha as consumers contended with persistent inflationary pressures as well as an increase in the prices of the home appliances, according to industry players.

9h ago

Chittagong Hill Tracts transform into a new hub of agriculture

From Bare To Bountiful

“You are being transferred to the Chittagong Hill Tracts.”

1d ago

A project for coffee and cashew nuts

Seeing the huge potential in agriculture, the government is implementing a Tk 211.84 crore project in the Chittagong Hill Tracts (CHT) region to introduce modern technologies and enhance research initiatives with a view to promoting coffee and cashew nut cultivation.

1d ago

Bida identifies 814 vulnerable factories in 2nd phase

The Bangladesh Investment Development Authority (Bida) has identified 814 more factories as risky under a countrywide initiative as the government looks to prevent avoidable fire incidents and other disasters.

2d ago

Full-scale rawhide trade yet to start

Full-scale rawhide procurement across the country has yet to begin due to rainfall and subsequent delays in animal sacrifices.

3d ago

Govt guarantee against loans of state enterprises

State enterprises’ loan rising, so is govt guarantee

The government needs to provide guarantees against an increasing amount of loans of state-owned enterprises every fiscal year, especially for power generation, fertiliser and fuel imports, and aircraft purchases.

1w ago

Tax exemption phase-out for economic zones and hi-tech parks in Bangladesh

Blow for private economic zones, hi-tech parks as tax benefits go

Currently, investors in the EZs and hi-tech parks qualify for a tax break for a decade starting from the first year of their operations. They are entitled to a full tax waiver in the first three years.

1w ago

Challenges in Bangladesh budget FY2024-25

Solutions not offered

The proposed budget for 2024-25 lacks creativity and offers no solutions to the many complex challenges facing the country’s economy, economists have said.

2w ago

February 12, 2024

SM Shafiuzzaman, secretary general of the Bangladesh Association of Pharmaceutical Industries

Pharma sector shows signs of recovery

The pharmaceuticals sector of Bangladesh appears to be rebounding from the crisis stemming from both external and internal fronts in recent years as exports are growing, said a top official.

February 9, 2024

Policy uncertainties driving away FDI

Policy and regulatory uncertainties are major factors discouraging foreigners from investing in Bangladesh, for which foreign direct investment (FDI) has remained low in spite of government efforts, said Syed Akhtar Mahmood, former lead private sector specialist at World Bank Group

February 8, 2024

Investors in Bangabandhu Shilpa Nagar grapple with water crisis

Investors in the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) are not only facing an acute gas crisis, but also contending with virtually zero water supply to industrial units despite paying water bills, forcing them to set up their own water supply systems.

February 4, 2024

Gas crisis choking ceramics makers

The persistent gas crisis in Bangladesh has been severely hindering the nation’s ceramics industry over the past three to four months, leading to a roughly 20 percent drop in overall production quality in the sector.

February 3, 2024

FDI flow to Bangladesh is low, why?

Despite developing economic zones and adopting one-stop services to attract foreign direct investment (FDI), Bangladesh has failed to get as much as it targeted. Not only global economic giants like India, even small economies in the South Asian region such as the Maldives and Sri Lanka are ahead of Bangladesh in terms of FDI attraction.

January 30, 2024