Business
Readymade Garments (RMG) industry will undergo a significant transformation in its trade benefit regime by 2029 as the GSP moratorium ends, coinciding with Bangladesh’s exit from its Least Developed Country (LDC) status in 2026, according to a report. LightCastle Partners, a prominent national...
"The success of Islamic Banking in Bangladesh indicates that people here are passionate about the philosophy of Islamic economy and success of Islamic banking has led to increased interest in Islamic insurance institutions," said Abul Kalam Azad, Chief Executive Officer (Current Charg...
The manpower export to the Gulf countries is feared to drop this year compared to the previous year, sources said.According to the Arab News, the Oman government under the employment and replacement plan, has taken move to increase job opportunities for Omani citizens and replace overseas workers wi...
The apparel import of EU from the world has declined by 9.61% during the first eight months of 2023, means, EU’s import from the world decreased to US$ 61.15 billion in January-August 2023 from US$ 67.66 billion during the corresponding period of 2022, according to the latest data of EUROSTAT&...
The companies applying for cash incentives in the frozen shrimp and other fish export sector must be a member of BFFEA or a member of the BMFA for the export of frozen shrimp and other fish extracted from the deep sea and then processed, according to a new guideline of the central bank.Bangladesh Ba...
National,Front Page
Digital banking in Bangladesh would make banking more secured, convenient and sustainable, experts in the sector said.Exclusively sharing their views, experts welcomed the latest decision of the central bank to allow digital banking in the country. They stressed building trust and proper security me...
The country's hospitality industry is likely to witness new investment worth some Taka 10-15 billion in the next couple of years, hopes sector insiders mentioning at least 8- 10 new 5-star hotels are entering into market within the next 5-6 years, as the economy has been growing by over 7.50 per...
The Insurance Development and Regulatory Authority (IDRA) has issued a guideline in a bid to ensuring good governance, accountability, transparency and increasing financial discipline.The regulatory authority’s Chairman, Mohammad Joinul Bari, issued the guideline signed on October 19, stressin...
It’s manmade fiber that will play a pivotal role in the journey of reaching our target of US$ 100 billion export by 2030, said Abdullah Hil Rakib, Managing Director of Team Group and also a Director of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in an exclusive interview...
Country’s readymade garment (RMG) export reached US$ 11.61 billion during the period of July-September of fiscal year 2023-24 up from US$ 10.27 billion in July- September of FY 2022-23 indicating 13.07% year over year growth, according to an official statistics. A category-wise disaggrega...
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...
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...
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, 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 ...
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...
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 ...
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
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
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 ...
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...
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