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Previous Next Japanese investors who have stakes in Bangladesh have shared their positive experiences to encourage their peers to invest there. They underlined the challenges facing Bangladesh, but said there are enough advantages for investing in the country which is implementing a major reform package to ease doing business. “There are a number of challenges, […]

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The Dhaka Stock Exchange (DSE) on Monday agreed to sell 25% of its ordinary shares to a Chinese consortium comprised of the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE). The share purchase agreement (SPA) was signed at a Dhaka hotel, with Finance Minister AMA Muhith in attendance as the chief guest. Wang Jianjun, […]

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Country’s textile millers have warned that the sector is facing a survival crisis due to smuggling of textile products and misuse of bonded warehouses and border haats with India. ‘The value of the stock of fabrics and yearns now amounts to Tk 20,000-25,000 crore as 40 per cent of total production have remained unsold since […]

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Bangladesh Economic Zone Authority has sought a 15-year tax holiday for private power plants to be set up in the planned economic zones. The BEZA in a letter to the National Board of Revenue said that the tax benefits for power plants to be established inside the economic zones should be similar to those power […]

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  A file photo shows the front view of Bangladesh Securities and Exchange Commission building in the capital. Companies are reluctant to comply with the securities rules of mandatory holding of minimum 30 per cent shares by their sponsor-directors jointly due mainly to having limited enforcement tools on the part of the stock market regulator. […]

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CPA Member for Administration and Planning Md ZafarCourtesy In an exclusive interview with Dhaka Tribune’s Shariful Islam at the CPA headquarters in Chittagong, CPA Member for Administration and Planning Md Zafar talks about how the CPA can tackle the issue by shifting container unloading outside the port area.   The country’s prime seaport in Chittagong has been operating without […]

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Foreign buyers look at fabrics at the opening day of Mill Week, a fabric and garment show organised by Zaber and Zubair Fabrics, a concern of Noman Group, at its corporate office at Gulshan in the city on Monday. — New Age photo Noman Group, one of the largest Bangladeshi apparel and textile companies, is […]

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Photo:Mehedi Hasan The six nationalized banks have more default loans than the 39 private banks combined. And it is the common people who have to pay for their incompetency. A sizeable portion of the taxpayer’s money – Tk2,000 crore to be precise – is earmarked in the budget for recapitalization of banks. The budgets for […]

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Car brands fond of Bangladeshi jute  They use the fibre in making interiors of vehicles Refayet Ullah Mirdha Bangladesh has the potential to become the main supplier of jute to the global car industry, which uses the natural fibre to manufacture the interiors of vehicles. The global car industry needs about 100,000 tonnes of jute […]

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Finance minister Abul Maal Abdul Muhith speaks at a pre-budget discussion with chairpersons of the parliamentary standing committees on different ministries held at the National Economic Council auditorium in Dhaka on Sunday. — New Age photoChairpersons of the parliamentary standing committees on different ministries on Sunday recommended introducing cash incentives for consumers against their payment […]

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bKash provides 38,000 books to support Bishwo Shahitto Kendro reading program The bKash Limited, a mobile financial service provider in Bangladesh, has handed over around 38,000 books to Bishwo Shahitto Kendro to facilitate its ‘Nationwide Enrichment Program’ for students through reading. Major General Sheikh Md Monirul Islam (retd), chief external and corporate affairs officer of […]

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Centre for Policy Dialogue chairman Rehman Sobhan speaks while prime minister’s international affairs adviser Gowher Rizvi, CPD distinguished fellow Debapriya Bhattacharya and United Nations Development Programme resident representative Mia Seppo look on at a CPD public dialogue titled ‘Bangladesh’s Graduation from the LDC Group: Pitfalls and Promises’ in Dhaka on Saturday. — New Age photo […]

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