Politics has become the biggest entrepreneurship of a section of businesspeople who have been availing themselves of different personal benefits from the government without facing any competition, said Dr Debapriya Bhattacharya.
Tag: Business
WB ranks BD 176th among 190 countries in its doing business
Bangladesh has shown the sign of slight improvement as the World Bank’s Doing Business report put it on 176th position among 190 countries.
Diversify products, explore new markets, PM tells businesses
Prime Minister Sheikh Hasina on Sunday asked the business community to diversify their products and explore new markets in the world for their items availing of government support.
Riyadh keen to be part of Dhaka’s ongoing dev: Crown Prince
Saudi Crown Prince Muhammad bin Salman bin Abdulaziz Al Saud said Saudi Arabia is keen to be part of the ongoing development of Bangladesh by investing in its different sectors.
PM woos Saudi entrepreneurs to invest in Bangladesh
Prime Minister Sheikh Hasina on Wednesday invited Saudi entrepreneurs to invest in Bangladesh for mutual benefits as both the countries lag behind in exploiting their full potentials of trade and investment opportunities.
Export-import thru Benapole suspended for Durga Puja
Export and import activities between Bangladesh and India through Benapole land port will remain suspend for four days from Tuesday on the occasion of Durga Puja, the largest religious festival of Hindu community.
Going full circle for growth and the planet
The business case for making our economy more sustainable is clear. Globally, transitioning to a circular economy – where materials are reused, re-manufactured or recycled-could significantly reduce carbon emissions and deliver over US$1 trillion in material cost savings by 2025.(1)…
UAE seventh on global competitiveness ranking
The UAE has climbed three places to rank seventh in a global competitiveness ranking by Swiss business school International Institute for Management Development (IMD). The emirates took the position ahead of Norway, Sweden and Canada after coming first globally for…
Beijing to discuss ways to improve investment climate
Dhaka – Ways for improving trade and investment environment and addressing the ‘concerns’ of Chinese corporations operating in Bangladesh will come up in a broader way in the next meeting of Bangladesh and China on Monday. The Chinese side will…
Paris halal shop owner faces eviction
Authorities in a Paris suburb have warned the owner of a halal supermarket that he must start selling pork and alcohol if he wants to remain open. Local residents have complained that they are not able to get a wide…
Toyota recalls 1.43 million vehicles for defective air bags
Tokyo, June 29 (AP/UNB) — Toyota is recalling 1.43 million vehicles globally for defective air bags, although it is not part of the massive recalls of Takata air bags, the Japanese automaker said Wednesday. Toyota Motor Corp. said it does…
BD’s export may ultimately face pressure following Brexit
Though the existing market facility will remain unhurt for the next two years, Bangladesh’s export to the United Kingdom may face pressure ‘to some extent’ as Britain voted to leave the European Union (EU).“It’s a comfort zone for us that…
Apparels and textiles federations object to rise in source-tax
The top five federations of the apparels and textiles sector on Saturday reiterated a call to incorporate their proposals including reducing source tax on export items in the proposed budget to help grow the textiles and readymade garment sectors in…
DCCI happy with Package VAT retention
Dhaka-Dhaka Chamber of Commerce and Industry (DCCI) has congratulated the government for the retention of “Package VAT” and expressed mixed reactions over the proposed budget for the coming fiscal year.
DCCI happy with Package VAT retention
Dhaka Chamber of Commerce and Industry (DCCI) has congratulated the government for the retention of “Package VAT” and expressed mixed reactions over the proposed budget for the coming fiscal year. The DCCI held a meeting in its board room with…
Robi Dhonnobad prog brings special offer with Sigree
Robi customers under Dhonnobad programme can now avail themselves of special discounts while enjoying Indian delicacies at Sigree. In this connection, Robi’s General Manager (Loyalty & Win-back) Tawfique Imam and Sigree’s Deputy General Manager Md Emdadul Hoque have recently signed…
Businesses to stage hour-long human chain prog Monday
Businesses across the country will stage a one-hour human chain programme on Monday demanding retention of ‘Package VAT’ in the new VAT (value added tax) law which is scheduled to come into effect on July 1 next. Dhaka, UNB News…
Teletalk owes BTRC Tk 1,614.65 cr
Bangladesh Telecommunication Regulatory Commission (BTRC) has failed to collect the outstanding payment of Tk 1,614.65 crore from state-run mobile operator Teletalk Bangladesh Limited despite issuing several notices. Sources at the BTRC said the regulator has recently sent a letter to…
BD actively considering TFA ratification: ICCB
Bangladesh is ‘actively considering’ to ratify the Trade Facilitation Agreement (TFA) to allow an easy flow of goods and lowering the costs of doing business across borders. “In order to become middle income country by 2021, Bangladesh has to ensure…
Cargo owners call off strike
The cargo owners who went on an indefinite strike demanding rational fixation of workers minimum wage withdrew their strike on Monday upon the government’s assurance of meeting their demand. “As Shipping Minister Shajahan Khan have assured us that a committee,…
Increased BD apparel exports can create more jobs: WB reports
Increased appeal exports could create more and better jobs in Bangladesh if the country makes improvement in productivity and product quality by enforcing a better safety condition and other compliance policies, said a World Bank report. The report, released on…
India revokes Vijay Mallya’s passport
India has revoked the passport of business tycoon Vijay Mallya accused of hiding in Britain over billions in debt from his defunct Kingfisher Airlines.
Four young entrepreneurs clinch professional fellowship to USA
The U.S. Embassy Dhaka and the Centre for Entrepreneurship Development (CED) at BRAC University announce the names of the four Bangladeshi young entrepreneurs who will be visiting the United States from April 30 to June 3 under the U.S. State…
3 years after Rana Plaza disaster, fashion giants still have more
Campaigners are increasing the global pressure as reports persist of beatings and safety hazards • Clare Hutchison • The deaths of more than 1100 people in Bangladesh helping to supply global brands such as Primark with clothes in 2013 was…
Banker sees no interest rate cut possibility
Prime Bank Managing Director Ahmed Kamal Khan Chowdhury sees no possibility of a cut in interest rates on bank loans in next six months. He made the observation in a media conference to mark the bank’s 21st anniversary on Saturday.“The…
Oil prices fall
Oil prices fell on Friday in subdued trade as traders and analysts anticipate a weekend meeting of major oil exporters to do little to help to clear global oversupply quickly, even though it would provide a floor for the market.All…
China key to record global movie earnings
Movie theaters reaped record earnings around the world last year – $38.3 billion – fueled by China and young people’s spending on cinema tickets, industry data showed Tuesday. Global spending on big screen showings of films was up by 5.2…
Asian stocks lifted by optimism on oil prices, Wall Street
Asian stocks logged solid gains Wednesday, cheered by a rally on Wall Street, although oil prices erased some of the recent big gains that had relieved among global investors.
HC disposed the writ petition of biometric registration
STAFF REPORTER After giving some directives and observation, the High Court yesterday disposed of a writ petition filed challenging the legality of biometric registration for purchase of mobile phone Subscriber Identity Module (SIM) cards.
Jute mill workers’ strike continues
The indefinite strike enforced by the employees of seven state-owned jute mills in the district to press home their five-point demand entered the ninth day on Tuesday.“The decision whether to continue the strike or not will be taken after a…