5+ hour, 17+ min ago   (429+ words) In a major push to foster self-employment and drive grassroots economic growth, Bangladesh Bank yesterday issued a comprehensive guideline titled “Udyog: Upazila-Driven Youth Opportunity for Growth”. The programme aims to identify and finance prospective young entrepreneurs across all upazilas in…...

2+ hour, 56+ min ago   (903+ words) An energy security roadmap, an enabling investment climate and timely policies are among the major tasks for the government to attract more American investment in Bangladesh, said Syed Mohammad Kamal, president of the American Chamber of Commerce in Bangladesh (AmCham)....

5+ hour, 25+ min ago   (211+ words) BRAC Bank PLC has signed a participation agreement with Bangladesh Bank under the central bank’s Tk 3,000 crore revolving refinance scheme to support the development of an agriculture-based economic hub in northern Bangladesh. AKM Saiduzzaman, director of Bangladesh Bank’s Agriculture Credit…...

5+ hour, 35+ min ago   (132+ words) Inflation eased slightly to 8.26 percent in August, down from 8.32 percent in July, as food prices recorded a slower rate of increase, according to data from the Bangladesh Bureau of Statistics (BBS) today. Food inflation fell to 7.02 percent in August from…...

7+ hour, 16+ min ago   (616+ words) A consumer inflation report due Friday could pave the way towards the US central bank's first interest rate hike in more than three years, as the war with Iran drives energy costs higher. After data this week showed an uptick…...

14+ hour, 37+ min ago   (982+ words) Repeated policy concessions, political patronage and a culture of impunity for wilful defaulters have pushed non-performing loans (NPLs) in Bangladesh to a record Tk 6.06 lakh crore, according to bankers and an industry expert. Bad debt across the country’s banking sector…...

13+ hour, 20+ min ago   (826+ words) A growing consumer push to buy Canadian and boycott US products is reshaping supermarket shelves in Canada, forcing grocers to improve country-of-origin labeling and secure new sources of supply. In Ontario, the president of independent grocer Vince's Market, Giancarlo Trimarchi,…...

10+ hour, 42+ min ago   (263+ words) Since the political changeover in August 2024, Bangladesh has experienced significant political and social changes. Under the interim government, uncertainty remained over policy direction and the predictability of administrative procedures. It was certainly not an easy business environment for foreign companies....

14+ hour, 41+ min ago   (247+ words) The government will facilitate US investors as they have committed to investing another $5 billion in Bangladesh over the next five years, Commerce Minister Khandakar Abdul Muktadir said yesterday. Speaking at the 30th anniversary celebration of the American Chamber of Commerce in…...

15+ hour, 21+ min ago   (544+ words) The government built 39 high-tech and software technology parks at a huge cost, but the facilities have failed to deliver the expected investment, jobs and technology growth, according to stakeholders. They blamed a shortage of skilled workers, weak industry-academia links, poor…...