Policy and regulatory uncertainties are major factors discouraging foreigners from investing in Bangladesh, for which foreign direct investment (FDI) has remained low in spite of government efforts, said Syed Akhtar Mahmood, former lead private sector specialist at World Bank Group

Bangladesh should devise a strategy for the upcoming 13th WTO Ministerial Conference so that it can push for the retention of its trade benefits as a least developed country for three years past the LDC graduation in 2026, said an economist yesterday.

The candidates of Sammilito Parishad for the upcoming BGMEA elections were introduced at the first panel introduction meeting held at Hotel Radisson Blu in Dhaka yesterday.

Bangladesh is likely to receive the third tranche of the International Monetary Fund’s $4.7 billion loan as the country has met almost all conditions, said Finance Minister Abul Hassan Mahmood Ali yesterday.

Bangladesh’s foreign currency reserves rose $14 million in a week to about $19.96 billion, central bank figures showed.

BB has asked banks to take measures in order to encourage their employees to adopt the government’s Universal Pension Scheme

Bida is currently offering 112 services through its one-stop service (OSS) and plans to expand it to 150 within March

Runner Automobiles, one of the leading vehicle manufacturers in Bangladesh, recorded a profit of Tk 56.76 lakh for the October-December period

Bangladesh shipped apparel goods worth $650 million to Russia in the financial year of 2020-21 and was tipped soon to be crossing the $1-billion mark in the promising market.

The industries ministry is going to award Tangail sari the geographical indication (GI) status following a public outcry in Bangladesh, a week after India granted the same recognition to ‘Tangail Saree of Bengal’.

The highly promising home textile sector of Bangladesh is losing its lustre in the export market as the lingering gas crisis, the volatile exchange rate and the higher production cost are forcing many factories to go out of business.

Investors in the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) are not only facing an acute gas crisis, but also contending with virtually zero water supply to industrial units despite paying water bills, forcing them to set up their own water supply systems.

Recently the Bangladesh Bank projected a significant drop in non-performing loans (NPLs) and is hoping that it will decrease by 2.76 percent over the next couple of years. This estimation came in Bangladesh Bank's roadmap on the strategic move to streamline NPL management.

The major stock market index in Bangladesh rose for an eighth consecutive trading day yesterday owing to increased participation of investors.

The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday.

The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday. 

The declaration came two days Sultana directed stakeholders to prepare documents seeking GI recognition for Tangail sari following a public outcry about why Bangladesh had failed to GI recognition despite being a rightful claimant

Emerald Oil is planning to invest Tk 400 crore on a new plant in the Jamalpur Economic Zone to increase its production of rice bran oil for export.

The Bangladesh Securities and Exchange Commission (BSEC) has lifted the floor price for three more companies—Anwar Galvanizing, Orion Pharmaceuticals and Renata—amid a rising trend of the key index.

Mobile operators in Bangladesh are now offering app stores, enabling developers to not only connect with users through secure distribution channels but also giving them the monetisation tools as they continually attempt to diversify their portfolio.