Thanks to its burgeoning economy, Bangladesh is becoming an increasingly attractive destination for UK investors, said Rushanara Ali, a Bangladeshi-origin British parliamentarian. Many British companies now want long-term engagements with Bangladesh, she said while talking to a group of journalists...
Private sector credit growth hit a 58-month high in August -- 17.84 percent -- as banks are earnestly focusing on disbursement of consumer, SME and farm loans to sustain their profitability. The last time the private sector credit growth was...
DHAKA, Sept 25, 2017 (BSS)-A 15-member National Committee for Monitoring and Implementation of Doing Business Reforms (NCMID) has been formed to improve the country's overall business environment. Cabinet secretary is the chair of the committee and Bangladesh Investment Development Authority...
Islami Bank's new management has taken on a spirited approach to lending, with its loan-deposit ratio sitting dangerously close to the limit of 90 percent set by the central bank. The new management took over at the beginning of the...
Garment manufacturers yesterday demanded that the government ensure efficient functioning of the Chittagong port and airports and a stable power tariff for continued growth of apparel exports. “We want price predictability of electricity and gas so that we can plan...
Exactly a year ago, China committed an estimated $21.5 billion in soft loan to Bangladesh for 27 projects, but Beijing is yet to release any fund mainly due to lengthy bureaucratic tangle. The deals were signed on October 14 last...
Local handset brand Walton has started assembling smartphones on a trial basis at its own plant in Gazipur with hopes of starting commercial production from the first week of October. Customers will get the first locally assembled handsets from Walton...
Bangladesh has gone one notch down in the World Bank's ranking of ease of doing business mainly due to the hurdle businesses face here at the start of their operations. The WB's Doing Business report 2018 released yesterday showed that...
Rights groups release new evidence; Kailash Satyarthi disappointed with Suu Kyi; seven nations seek UNSC meet on Myanmar violence Rights bodies have come up with new evidence that fires are still torching Rohingya villages in Rakhine while Myanmar military have...

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