AmCham, govt join hands to attract $5b fresh US investment

American Chamber of Commerce in Bangladesh (AmCham) and the government have agreed to work jointly to facilitate an additional $5 billion in American direct investment into Bangladesh over the next five years.The target was highlighted during AmCham's 30th Anniversary gala evening held at a hotel in the capital on Saturday, according to a press release.Speaking at the event as chief guest, Commerce, Industries, and Textiles & Jute Minister Khandakar Abdul Muktadir reiterated the government’s full support for AmCham’s initiative to attract $5 billion in fresh US investment.He emphasised that incoming investments should translate directly into employment generation, technology transfer, and expanded economic opportunities for Bangladesh.Highlighting the need for an investor-friendly environment, the Minister stressed the importance of policy predictability, consistency, ease of doing business, and efficient trade facilitation.He acknowledged that AmCham’s increa...

Govt targets additional $5bn US investment in five years

Bangladesh will work with the American Chamber of Commerce in Bangladesh (AmCham) to attract an additional $5 billion in US investment over the next five years, Commerce Minister Khandakar Abdul Muktadir has said.He said the government was fully prepared to work closely with US companies to increase investment, create jobs, facilitate technology transfer and expand economic opportunities in Bangladesh.The minister made the remarks at a programme marking AmCham Bangladesh’s 30th anniversary...

Gold prices rebound after three consecutive cuts

The Bangladesh Jewellers Association (Bajus) has raised the price of gold in the local market, reversing three consecutive rounds of cuts, with a hike of Tk 1,050 per bhori.According to a notice issued by Bajus on Saturd...

DNCC fines Tk 1.77 lakh over Aedes larvae in city homes

The Dhaka North City Corporation (DNCC) has realised Tk 1,77,500 in fines from 28 cases after Aedes mosquito larvae were found in several households across various areas under its jurisdiction.DNCC executive magistrates conducted mobile court drives in different areas on Sunday as part of a three-month-long mosquito eradication programme, imposing the fines after detecting Aedes larvae on the premises of various homes.The cases were filed in Mirpur-10, Rupnagar, Uttar Pallabi, Agargaon, Uttara Nikunjo and Baridhara areas , DNCC said.The mobile courts were led by DNCC-appointed executive magistrates Atish Darshi Chakma, SM Rasel Islam Noor, Shariful Alam Tanvir, Pramotha Ranjan Ghatak and Dedarul Islam.The drive comes under a three-month campaign announced by the Prime Minister on National ...

Good, honest people need to enter politics: Andaleeve Rahman

India’s women crowned Asia Cup title for 8th time

India took control from the start to win the Women’s Asia Cup cricket tournament for an eighth time on Sunday, beating Sri Lanka by 72 runs in the final.India won the toss, scored a challenging total of 183-5 and then dismissed Sri Lanka for 111 in its 20 overs.Smriti Mandhana (59) and Shafali Verma (68) shared an opening stand of 129 in 12.5 overs before India spinner Shree Charani took 4-20 in four overs.Sri Lanka captain Chamari Athapaththu (36) was the top scorer for her team, sharing a 58-run partnership with Vishmi Gunaratne (20) before Sri Lanka collapsed from 62-1 to 111 all out off the last ball of the innings, reports UNB....

Zakat collection and distribution: A coordinated national framework essential

Religious Affairs Minister Kazi Shah Mofazzal Houssain (Kaikobad) on Monday said in Parliament that Bangladesh could achieve unprecedented success in poverty alleviation within eight to 10 years if el...

Handing over Jalil Textile Mills to Bangladesh Army: A strategic step towards defence self-reliance

The government’s decision to hand over 54.99 acres of the long-closed Jalil Textile Mills in Fouzdarhat, Chattogram, to the Bangladesh Army for establishing a modern Bangladesh Ordnance Factory (BOF) is a commendable and strategically important...

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