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Seven committees to oversee development of SMEs

The Ministry of Industries (MoI) has formed seven separate committees to oversee the development activities of the country's small and medium enterprises (SMEs) sector. The committees are: SME business development committee, SME finance committee, SME efficiency development committee, ICT and...

  Bangladesh

  Bangladesh

‘Bangladesh economy to overtake Malaysia, Singapore in four years’

Finance Minister AHM Mustafa Kamal, citing the report of an international survey, on Sunday said the economy of Bangladesh will surpass that of Malaysia and Singapore by 2024. "The economy of Bangladesh flourished immensely under the leadership of Prime Minister Sheikh Hasina. The country will overtake Malaysia and Singapore by 2024," he said. The finance...

Second graduation ceremony of BIBM’s Certification Courses held

BD eyes further economic ties with Turkey

Govt may revise decision on post office savings interest rate

The government would revise the recent decision of...

Banks' provision shortfall shrinks by 18pc in Q4

The shortfall in provisions against loans, mostly classified...

Power sector received Tk 522.6b as subsidy in 10 years

State Minister for Power, Energy and Mineral Resources...

UN initiative to improve environment, livelihoods and energy supply in Cox's Bazar

Three United Nations (UN) agencies have launched the...

Bangladesh eyes stronger commercial ties with Qatar

Bangladesh and Qatar on Monday discussed ways to...

Interest rates of savings certificates not lowered

The government has clarified that interest rates of...

ADB provides additional $170m for capital market reform

The Asian Development Bank (ADB) has approved a...

Service charge on export consignments likely

The government is contemplating imposing service charge on...

Padma Bridge to create huge job opportunities: Finance minister

Finance Minister AHM Mustafa Kamal has said huge...

FDI flow far lower than pledged in three years

Investment in Bangladesh by overseas firms was far...

Interest rate cap: Private banks' apathy could slow execution, says Fitch

Global ratings agency Fitch warns the execution of...

Finance Minister denies observation of declining revenue collection

Finance Minister said revenue collection has not dropped...

SDG agenda progress may come up for review in April

The government is set to review the progress...

Surplus funds in banks hit Tk 1.0tn, again

Banks' excess liquidity has crossed the Tk 1.0...

Coronavirus to affect tourism, aviation sectors

Coronavirus outbreak in China, which has spread to...

India’s persistent anti-dumping duty: Dhaka may turn to WTO for redressal

As India declined to lift the anti-dumping duty...

ECNEC clears nine projects worth Tk 24.22 billion

The Executive Committee of the National Economic Council...

Coronavirus impact: Disruption in supply chain worries RMG exporters

Bangladesh's clothing industry is likely to be seriously...

WB to support 1,200 women-owned businesses

The World Bank Group together with WE Connect...

Nominal wage rate increases by 6.56pc in January

Country’s nominal wage rate index (WRI) increased by...

Focus on harnessing blue economy’s potential

The proposed marine fisheries act has focused on...

Eight local industries to enjoy tax holiday: FM

Finance Minister AHM Mustafa Kamal on Thursday said...

Non-food inflation increases in January

Monthly non-food inflation rate increased to 6.30 per...

Qatar reopens labour market for Bangladeshis

Qatar has reopened its labour market for Bangladeshi...

Country backpedals on growth goal

Bangladesh backtracks from its ambitious economic growth target...

'Policy reforms meaningful if business community gets real benefits'

If the business community gets real benefits due...

Exports see downtrend in July-Jan

Merchandise shipments fell by 5.21 per cent during...

  Global

  Global

Global telcos join Alphabet, SoftBank’s flying cellphone antenna lobbying effort

Alphabet and SoftBank’s attempts to launch flying cellphone antennas high...

No visas for low-skilled workers, UK govt says

Low-skilled workers would not get visas under post-Brexit...

Trump's $4.8t budget gets chilly reception from Congress

President Donald Trump’s $4.8 trillion budget plan for...

Japan's current account surplus up 4.0pc in 2019

Japan's current account surplus increased 4.4 per cent...

Malaysia's int’l reserves stand at $104.2b

Malaysia's central bank has said that its international...

India's central bank holds rates steady

India's central bank held rates steady on Thursday...

South Korea's online shopping hits record high in 2019

South Korea's online shopping hit a new record...

Modi's guarded stimulus unlikely to revive Indian growth

India’s new budget is unlikely to drag Asia’s...

India unveils budget aimed at boosting incomes

Indian finance minister Nirmala Sitharaman on Saturday unveiled...

US jobless claims drop to 216,000 last week

The number of initial jobless claims in the...

US goods trade deficit expands in Dec

The US goods trade deficit expanded in December...

Mexico's exports grows 2.3 pc in 2019

Mexico's exports grew 2.3 per cent in 2019...

Japan warns about risks to economy from China virus outbreak

Japanese economy minister Yasutoshi Nishimura warned on Tuesday...

Singapore says China virus outbreak will hurt its economy this year

Singapore said on Monday that the coronavirus outbreak...

Coronavirus: Could it damage the global economy?

China is struggling with a new virus that...

Sri Lanka aims to attract 4.0m tourist in 2020

Sri Lanka's Tourism Ministry is aiming to attract...

Singapore's factory output falls 1.4 pc in 2019

Singapore’s manufacturing output declined 1.4 per cent year...

US weekly jobless claims rise to 211,000

The number of initial jobless claims in the...

Philippines economy grows 5.9pc in 2019

The Philippines's gross domestic product (GDP) posted a...

Sri Lanka earns record $5.3b from apparel exports in 2019

Sri Lanka earned a record 5.3 billion US...

IMF cuts global growth projection

The International Monetary Fund (IMF) cut global growth...

Global FDI drops moderately in 2019: UNCTAD

Foreign Direct Investment (FDI) across the world dropped...

World's richest 2,000 hold more than 4.6b combined: Oxfam

The world’s richest 2,153 people controlled more money...

New ADB President Masatsugu Asakawa assumes office

Masatsugu Asakawa has assumed office as the 10th...

China-US trade deal to reduce global uncertainty: IMF chief

The newly signed China-US phase-one trade deal will...

Italian exports fall 4.2pc in November

Italian exports fell by 4.2 per cent in...

Amazon promises to create 1.0m new jobs in India

Amazon.com Inc said on Friday it planned to...

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