Economy

Six industrial enterprises of embroiled S Alam shut

Six industrial enterprises of embroiled S Alam shut

CHATTOGRAM, Dec 24: Gates of six factories here of the embroiled S Alam Group, including power plant and sugar refinery, were shut on the staffs indefinitely without citing grounds. Witnesses said the suddenly laid-off staffers kept staging factory-gate demonstrations, in one of troubles of recent

BD uses 3.84b plastic bottles a yr: Study

BD uses 3.84b plastic bottles a yr: Study

The country uses maximum 3.84 billion of single-use plastic bottles annually -- of which only 21.4 per cent could be recycled. The remaining 78.6 per cent end up in rivers, sea and dumping stations, increasing health and environmental risks alarmingly, a study reveals. The Environment and S

Local IT firms seek role in toll collection

Local IT firms seek role in toll collection

Domestic technology companies are seeking opportunities to be involved in the collection of tolls from roads and bridges built with public funds. The Bangladesh Association of Software and Information Services (BASIS) recently sent a letter to the Bangladesh Public Procurement Authority (BPP

Govt seeks $250m in assistance from WB

Govt seeks $250m in assistance from WB

The government has sought nearly US$250 million in assistance from the World Bank (WB) to rehabilitate the flood-affected regions in the north- and south-east of the country, officials said on Tuesday. Following a request from the Local Government & Rural Development Ministry and from the Wa

IMF for splitting tax policy from admin by June next

IMF for splitting tax policy from admin by June next

The International Monetary Fund (IMF) will extend the ongoing $4.7-billion loan programme for Bangladesh by six months until December 2026, officials have said. It was decided at the two-week-long third review of the programme held this month after the multilateral lender agreed to provide an addi

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