Business

Apparel import of EU globally declines in first 7 months of 2023

Apparel import of EU from the world has declined by 7.44% during the first seven months of 2023 compared to the same period of 2022. This means EU’s import from the world declined to US$ 52.38 billion in January-July 2023 from US$ 56.60 billion in January-July 2022, according to the EU’s...

Business

Bangladesh exports to Brazil marks 60 per cent growth

As Bangladesh has become an emerging economy in the region and has maintained a steady economic growth over years defying the corona pandemic, Brazil’s President Luiz Inácio Lula da Silva has decided to expand multilateral engagements especially in the trade and investment with the Sout...

Business

Sustaining engagements of Bangladesh with Western countries vital to boost exports

Eminent economist Dr Wahiduddin Mahmud has laid importance on sustaining engagements of Bangladesh with Western countries to boost exports, stating that “this also involves politics. If the European Union does not provide GSP plus benefits on human rights issues, it will not be good for us.&rd...

Country

MACES Education Meet-2023 is going to be organized in 5 divisions including Dhaka

MACES, a leading education consultancy firm in Bangladesh, is set to host its annual multi-country education meet in five cities. The event will take place in Sylhet on Saturday, 5th August, Rangpur on Monday 7th August, Khulna on Wednesday 9th August, Dhaka on Friday 11th August, and Chattogram on ...

Business

Bangladesh’s export to Philippines on rise

Bangladesh’s export to Philippines, an important market in Southeast Asia, has been growing steadily over the years showing a positive signal, sources said.  Bangladesh exported goods worth 8,26,25,030.13 US dollars to the Philippines during the July–April period 2022-23.  Bang...

Business

Tourism sector to get a boost after completion of Master Plan by this year

The emerging tourism sector of Bangladesh is expected to get a boost after completion of Tourism Master Plan by this year as stakeholders concerned will get a new guideline to work in the sector.   According to the sources at relevant government agencies, a total of 5,29,286 international ...

Business

BIMSTEC Biz Conclave to chart out agendas to boost intra-regional trade, investment

The three day BIMSTEC Business Conclave begins today (Tuesday) in Kolkata aiming to chart out an actionable agenda to augment intra-regional trade and investment in this region as well as strengthen the value chains for mutual benefits through deeper economic engagement of the BIMSTEC countries.Sour...

City

‘Liberal Islamic Alliance’ coming soon with spirit of Liberation War, Islamic values

A new Islamic political alliance comprised of some likeminded liberal parties, mostly Islamic political parties, holding the spirit of the war of liberation and the core values of the Islam religion, is going to be formed soon.Jote insiders said the main aim of the alliance will be to working active...

National,Back Page

Budget will promote corporate sector

Leading Economists and analysts of the country assess that it will be a bit challenging for the government to implement the budget, raising question about how to reach the 7.5 pc GDP growth target.Eminent analyst and former Governor of Bangladesh Bank, Dr. Salehuddin Ahmed told Bangladesh Post that ...

National,Back Page

Reactions from trade leaders

Leaders of the country's trade bodies, industrialists and business personalities have expressed their mixed reactions over the proposed budget for the FY-2023-24, which has just been placed before the national parliament on Thursday. Some of them have hailed the government saying that the b...

Business

High tariff rates a bar to boost RMG export to LatAm market

Commerce Minister of Bangladesh Tipu Munshi have urged the Brazilian business delegation to invest in Bangladesh as the country offers 100 special economic zones with congenital environment.He was speaking at a panel discussion titled “Brazil-Bangladesh Perspective and Institutional Mission&rd...

Business

Insurance sector prospects very bright despite negative impression

The insurance sector in Bangladesh has the potential for rapid expansion and growth despite negative impressions in people's minds, said the Chief Executive Officer of Zenith Islami Life Insurance SM Nuruzzaman. In an exclusive interview with Bangladesh Post, he said the negative impression...

National,Front Page

Japan to sign EPA with Bangladesh

Japan attaches priority on its relationship with Bangladesh in the areas of trade, commerce, investment and economy. Japan has already formed a joint working group with concerned government officials and experts to sign the Economic Partnership Agreement (EPA) with Bangladesh.The existing ...

Business

Experts stress harmonised plans on energy and power, multilateral cooperation

The three-day international conference styled ‘Bangladesh Energy Prosperity-2050’ concluded on Saturday with a 21 point declaration.The declarations were made in solidarity with conference organisers and co-organizers, policymakers, parliamentarians, investors and financiers, energy expe...

Business

‘Energy security not a privilege, but a right’

Energy security is not a privilege, but a fundamental right that should be accessible to all individuals on an equitable basis, with affordability and reliability, experts opine at a conference on Friday.They said fossil fuel power plants are detrimental to public health and environmental sustainabi...

Business

‘No bad loan, fraud, forgery with Janata Bank since 2020’

No bad loan has been created during the years 2020, 2021 and 2022 and even any incidences of fraud, forgery or scam happened with Janata Bank in the recent years, said Janata Bank Managing Director (MD) and CEO, Abdus Salam Azad in an exclusive interview with daily Bangladesh Post. "During...

Business

Power from rooftop solar projects

Despite substantial jump in generation of electricity from various renewable sources including rooftopprojects in the recent years, Bangladesh is yet to go a long way to meet its aspired 40 percent greenenergy production target by 2041.Till date, the level of generating electricity from green source...

Business

It’s high time to explore new horizons of RE to scale up energy security

“I  t is high time that we explore new horizons of renewable energy to scale up country’s electricity production and ensure a greener environment with energy security for our future generation”, said Dipal C. Barua, Founder and Chairman BGEF in an exclusive interview with Bang...

Business

Rising export to Mexico proves high quality of Bangladeshi goods

Mexican companies are increasingly showing keen interest in investing in different sectors of Bangladesh, said Ambassador of Bangladesh to Mexico Abida Islam in an interview with The Bangladesh Post recently.   She said the upward trend in Bangladesh's exports to Mexico is a positive d...

Business

Govt subsidises agricultural mechanisation to enhance farm production

The government of Bangladesh is trying to patronise local machinery manufacturers aiming to boost farm production and developing self-reliance, said Tarik Mahmudul Islam Project Director, Agriculture Mechanization Project Through Integrated Management, Department of Agricultural Extension (DAE) in a...