Commerce Minister Tipu Munshi is hopeful that the European Union will continue its trade benefit for Bangladesh for 12 years after the country’s graduation from the grouping of the least-developed countries (LDCs).

The government has been working to cultivate crops twice or thrice a year in the country’s salinity-prone coastal and southwestern regions, Agriculture Minister Muhammad Abdur Razzaque said yesterday.

The stock market’s eight-day gaining streak came to a halt yesterday as investors booked profits.

With investment stagnating at a dismal level and foreign direct investment hovering around $2.5 billion annually, the government is going to hold a summit in a bid to attract foreign investors and break the current stalemate.

Commerce Minister Tipu Munshi is hopeful that the European Union (EU) will continue the trade benefit for Bangladesh for 12 years after the graduation of the south Asian nation from the least developed country (LDC) category in 2026.

Cricketer Shakib Al Hasan has joined the advisory board of LR Global Bangladesh to promote its financial literacy activities and attracting foreign investments.

Steps should be taken to create a vibrant private sector while formulating the new national industrial policy for 2021, analysts said at a webinar organised by the Dhaka Chamber of Commerce and Industry (DCCI) today.

Bangladesh Investment Development Authority (BIDA) is going to organise a two-day investment summit from November 28 to focus on the development of the investment environment in the country.

Stocks fell today, breaking an eight-day winning streak as investors booked profits.

Local  apparel makers have sought fair prices from their US buyers and urged  the US government to cut tariffs on garment items sourced from  Bangladesh.

Several hundred trucks have been waiting outside the Banglabandha land port for the past 12 days for space to be made available for exports to be offloaded on the Indian side.

Differently-abled women face considerable barriers when seeking employment in Bangladesh and so changing any negative mindset must become a top priority, according to speakers at a webinar yesterday.

The National Board of Revenue has requested the Bangladesh Bank to order banks to refrain from opening back-to-back letters of credit for factories that do not have bonded warehouse licences.

Bangladesh is hopeful that it will enjoy the duty-free export benefit for a more extended period after graduating from the grouping of the least-developed countries (LDCs) as the negotiation with the World Trade Organisation is underway.

Last week will certainly remain memorable for the stock market, with its indexes reaching record levels every day while market capitalisation a historical high over the five-day period.

The garment makers have urged the US buyers for fair prices and reduction in tariff for apparel products from Bangladesh.

Microinsurance is not new in Bangladesh, but the general public know very little about it, although it can deliver much-needed cushion to the largely uninsured population in times of crises.

The Insurance Development and Regulatory Authority (IDRA) has taken up an initiative to make all industries and factories adopt group insurance, made mandatory in the Bangladesh labour law, against the backdrop of recent tragedies in the industrial sector.

Bangladesh’s top trade body yesterday urged banks to take actions against the wilful loan defaulters to bring down the amount of bad loans.

The government is all set to inaugurate four new power plants and an upgraded one, which will have the capacity to produce 779 megawatts of electricity.