Mahmudul Hasan

The government plans to keep its foreign aid use target unchanged in the next fiscal year compared to the current fiscal year owing to lower utilisation of development allocations and projected reduced spending related to the pandemic, especially for vaccination.

Wages have ticked up in Bangladesh in recent months, but rising inflation, fueled by internal and external factors, has eroded the gains for the workers in various sectors.

Bangladesh  Cards Ltd, a joint venture between Japanese, Australian and Bangladeshi  investors, is going to invest $100 million in a local hi-tech park to  manufacture high-end technology products, including smart cards and  specialised security items, to cater to the growing domestic and  international markets.

 Non-food inflation has been unbridled since the government hiked diesel and kerosene prices two months ago, touching 7 per cent in December, a six-year high, pounding consumers.

Mobile financial services, seen as a means of poverty alleviation and financial inclusion, fared well in 2021 in Bangladesh thanks to adaptation of the people to digital transactions amid the coronavirus pandemic,

Old problems greet the Prime Minister-led Executive Committee of the National Economic Council when it convenes today for its first meeting for 2022: applications for project revisions.

Regaining customers’ trust will be the major challenge for Bangladesh’s e-commerce sector in this new year of 2022.

Consumers in Bangladesh were squeezed further in November as inflation kept rising, driven mainly by non-food inflation as the impacts of last month’s hike of diesel and kerosene prices are taking a hold.

Consumers in Bangladesh were squeezed further in November as inflation kept rising, driven mainly by non-food inflation as the impacts of last month’s hike of diesel and kerosene prices are taking a hold.

The budget for the current fiscal year is set to be slashed by 1.6 per cent in the revised one because of lower development expenditure, with the cut being marginal for healthy revenue collection and higher subsidy spending.

With Christmas just around the corner, upscale hotels are organising parties, restaurants are floating various offers and shops are stocking up on festive products ahead of the biggest religious festival for the Christian community.

Just after completing his diploma in electronics from Magura Polytechnic Institute in 2019, Abdullah Al Noman got a job offer from Anira International Ltd, a local handset manufacturer. And he now works as a mobile assembly engineer for the company at its plant in Narayanganj’s Sonargaon.

Borrowing loans has now become super easy for about a third of the population in Bangladesh thanks to bKash and City Bank as they have joined hands to roll out digital loans that are spreading around the world.

If people visit Reju Khal, a hill stream that flows through the southern part of Cox’s Bazar district and into the Bay of Bengal, they would see long queues of bamboo poles along the waterway.

Workers at ride-sharing and food delivery platforms in Bangladesh often work in dangerous condition and face high levels of insecurity and their income falls short of the living wage threshold, found a new study.

The government yesterday gave a big push to its renewable energy and waste-based power generation drive as it approved five projects with a combined electricity production capacity of 223.5 megawatts.

The government is undertaking a mega project worth Tk 2,541 crore to create an enabling environment for the digital economy as it gears up for the Fourth Industrial Revolution.

The government is set to introduce an innovative financing model under a new law to enable small businesses and startups to show their moveable assets as collateral with a view to nurturing entrepreneurs and helping them secure loans.

Online educational platform 10 Minute School has raised $2 million in seed funding from Surge, Sequoia Capital India’s rapid scale-up programme, to increase investment in product and technology.

The Infrastructure Development Company Ltd (Idcol) has big plans to invest in industrial rooftop solar power projects in line with the government target to meet 30 per cent of Bangladesh’s energy needs from clean sources by 2030.