Jagaran Chakma

The interest rate on government Treasury bills and bonds, the main instruments for bank borrowing, doubled in the last one year -- a development that will fuel budgetary expenditure and may discourage private sector credit, both of which are already sources of concern.

The SBG Economic Zone in Mirsarai is expecting to be complete by the year end as promised.

Bangladesh’s per capita income was $1,909 last fiscal year, from $1,751 a year earlier. And proof of this improved wealth can perhaps be found if one visits the ongoing Dhaka International Trade Fair (DITF).

Korea Industrial Complex Corporation (KICC) is urgently seeking 700 acres of land in Bangabandhu Sheikh Mujib Shilpa Nagar that it intends to start developing from June.

Construction of a satellite town in Mirpur under public-private partnership (PPP) is likely to take off this year after the maiden initiative of National Housing Authority (NHA) was held up for years, most recently for objections, primarily from people illegally occupying the government-owned land in Section 9.

The market for various petroleum products has expanded at an average rate of about 6 per cent in the last eight years following a rise in the number of vehicles and power plants in service.

Climbing up the World Bank’s definitive Ease of Doing Business index is Bangladesh’s first priority as a solid performance in the ranking would accelerate the flow of domestic and foreign direct investment, said the chief of the Bangladesh Investment Development Authority (BIDA).

With just some clicks on a mouse investors can now get as many as 14 major approvals from the One-Stop Service (OSS) Centre on the Bangladesh Economic Zones Authority’s (BEZA) website.

Two British companies have arrived with an investment plan of $1 billion, a heartening development for the government which has ramped up its efforts to woo in foreign investors.

BIDA has shelled out Tk 2 crore to set up a lounge at the Hazrat Shahjalal International Airport as part of its efforts to woo in foreign investors to boost the country’s historically low investment from abroad.

Foreign participants at the Dhaka International Trade Fair (DITF) eye Bangladesh as a potential market given the country’s rising per capita income and vast consumer class.

Le Méridien Dhaka began its journey a little over four years ago but the upscale hotel has already been able to win the hearts of both travellers and locals alike.

Water supply in the Purbachal New Town in the outskirts of Dhaka would be provided by a private sector player, in a development that can be viewed as the government opening up the country’s utility services.

A skyscraper much like those in high-flying Singapore, Hong Kong, Mumbai and Malaysia is on way to radiate exuberance over the Dhaka skyline within three years.

The price of liquefied petroleum gas has increased by 20 percent at retail stores in the country on Sunday, around four days after the prices rose in the international market amid a looming supply shortage.

City Group is set to get the licence today to establish an economic zone, which would be the 11th under the private sector, as part of the government’s push towards industrialisation.

Things are finally looking up for realtors in 2020 after a bumpy last few years thanks to government support to public servants for housing loans and an increase in home loan ceiling by the central bank.

Major realtors have set their sight on the capital’s Mirpur to propel their growth and court middle and higher middle income groups as the largely under-developed area has turned lucrative since the start of construction of the metro rail that passes through it.

More than a dozen lenders are taking part in a winter edition of REHAB Fair that kicked off in the capital on Tuesday, eyeing to woo home loan borrowers through different offers.

Middle East-based cement raw materials exporters are keen to expand their sales in Bangladesh as the country is increasingly scaling up its manufacturing capacity to produce the key construction material to feed the growing economy.