Bangladesh has the potential to achieve in a much shorter period the level of economic development that the Republic of Korea attained over the past 70 years, Kim Ji-Joon, the newly appointed South Korean ambassador to Bangladesh, said yesterday.

Prime Bank Investment PLC (PBIL), a subsidiary of Prime Bank PLC, has signed a memorandum of understanding (MoU) with Equiline Finance, an Abu Dhabi-based impact investment and project finance company, to strengthen cooperation in sustainable project financing in Bangladesh.

The global leather industry is changing rapidly. Environmental sustainability, resource efficiency, traceability and responsible production have become essential for competing in international markets.

Patuakhali entrepreneur believes local antivenom production could cut imports and create jobs

Bangladesh has decided to participate in 50 international trade fairs across 27 countries in the current fiscal year, prioritising exhibitions featuring products from 12 sectors as part of efforts to attract more international buyers.

The ongoing forensic audit of key official statistics disclosed during the previous governments, including gross domestic product (GDP) and the consumer price index, is likely to be completed this month, according to an official.

The Bangladesh Securities and Exchange Commission (BSEC) has drafted new rules to make margin lending easier, allowing investors to borrow money from their brokerage to buy shares, using shares they already own as collateral.

Every person or company involved in the food supply chain, from street food vendors and small restaurants to importers and large-scale food processors, will now have to obtain registration or a licence from the Bangladesh Food Safety Authority, according to new regulations.

Bangladesh is once again considering issuing a sovereign bond to raise funds from international investors, but economists warn the country may not yet be ready

Patuakhali entrepreneur believes local antivenom production could cut imports and create jobs

The suspension order came into effect immediately

The Export Promotion Bureau takes the decision, fixes January 1 as the date to begin the next DITF

Tilapia cultivation has already begun at the centre, and shrimp and prawn cultivation will start soon

Modern retail outlets are steadily expanding their footprint across Bangladesh’s urban landscape as consumers increasingly prioritise convenience in shopping.

As the country’s top revenue authority intensifies monitoring of tax deducted at source (TDS), it should ensure that compliant businesses are not subjected to unnecessary harassment, the Dhaka Chamber of Commerce and Industry (DCCI) said in a statement yesterday.

Overall GDP growth halves to 2.22% in Q3

The country’s construction sector is facing one of its worst slowdowns in years as weaker public development spending, slower private investment and high borrowing costs reduce demand for housing and construction materials.

BSEC proposed expanding margin loans to more B-category companies

The country’s only state-owned diammonium phosphate (DAP) fertiliser plant has remained shut since June 28 after failing to secure phosphoric acid through multiple tenders, raising concerns over fertiliser supplies for agriculture.

The national standards body said the products were found to contain excessive preservatives, harmful microorganisms or other deviations from prescribed quality standards