The government is developing the country’s first industrial park for electrical and light engineering product manufacturers at a cost of Tk 300 crore in Munshiganj, which could herald a beginning to bring the highly scattered and unorganised industries under a single platform.

Aiming to revive its tourism industry and get ahead of rival destinations, Malta plans to offer foreign visitors a handout of up to 200 euros ($238.10) each if they stay at least three days on the Mediterranean island this summer.

Solar home systems (SHS) saved Bangladesh $1,852 million while providing clean energy for the past 15 years since 2003, says a World Bank survey.

Stocks were mixed last week as several policy decisions impacted investor confidence amid the ongoing coronavirus pandemic.

Australia’s recent attempt to make Google and Facebook pay for news content is one of many considered ways to strike a balance in wealth generation between the creative and the tech sectors. The problem statement for that policy was simple: news organisations create unique content; search and social media use the content to invite advertisers to their platforms. As a result, ads get siphoned off from TV and news media to social media -- for every AU$ 100, $81 goes to Google and Facebook.

Bank Asia has recently witnessed the appointment of a new director.

China is seeing a strong recovery from the Covid-19 crisis but now should use its financial heft and shift its focus to boosting its own consumers, a top IMF official said Wednesday.

Telenor Group and Axiata Group Berhad are in advanced discussions about a potential merger of their Malaysian mobile operations Digi and Celcom, Telenor said yesterday.

Business leaders yesterday urged the government to expand the size of its stimulus packages as trade and economic activities continue to suffer amid the ongoing onslaught of Covid-19.

Bangladesh needs to negotiate with the European Union (EU) over the trade threshold for enjoying the Generalised System of Preferences (GSP) Plus once it graduates from the least developed country category, said a noted economist on Wednesday.

After paying rent, buying daily necessities and providing educational expenses for the children, most of the salary of an average professional is gone.

The nor’wester and accompanying heat wave that swept over the country on Sunday massively damaged Boro paddy in both plain and haor areas of at least seven districts in northeast and southern divisions, dampening hope for increased production of rice and decline in prices to ease pressure on low income people’s budget.

The National Board of Revenue (NBR) yesterday said its field offices would remain open to receive monthly VAT returns from businesses during the days of restrictions imposed by the government to slow the spread of coronavirus infections.

John Kerry, the special presidential envoy for climate of the United States, is coming to Dhaka tomorrow. Though his visit will be of short duration, it has long and important implications for Bangladesh’s effort to address the climate vulnerabilities and seek support for sustainable solutions at global levels.

Despite a bumper yield of watermelon in Barishal division, the top producer of the popular summer fruit, farmers and traders fear massive losses because of the new containment measures aimed at curbing the rise in coronavirus infections.

The National Board of Revenue (NBR) has rejected a plea of Dhaka Club for a waiver of Tk 33.7 crore in unpaid value-added tax (VAT) and supplementary duty (SD).

Dutch development bank FMO has invested $50 million in Brac to accelerate innovations that impact the lives of underserved and marginalised people.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday lifted the floor price for 66 listed companies as it moved to put an end to its efforts to stop shares from any freefall.

Despite taking aggressive measures to import rice in the last three months, the government has so far failed to replenish the country’s depleting grain stocks.

An acute gas crisis has continued to severely impact production in textile and garment factories not only in Narayanganj and Narsingdi but also in the country’s largest industrial belt of Gazipur and Maona.