WB gives nod to $300m fund for strengthening local govt

The World Bank has approved $300 million financing to strengthen Bangladesh's local government system. Covering all 4,550 union parishads, the Local Governance Support Project 3 (LGSP-3) will b ...

RMG makers apprehensive of $50bn export target

RMG manufacturers are worried over the fall of product price and negative growth in major export destinations as it would hit the $50 billion export target by 2021. Bangladesh has set the targe ...

BGMEA: Don’t blame whole industry for a few people

Bangladesh’s garment industry owners’ association urged the revenue authorities to take legal actions against those who are misusing duty-free import facility of raw materials. &ldq ...

Most tanners fail to relocate wet blue processing plants to Savar

Most of the tannery owners have failed to shift their wet blue processing plants to Savar Leather Industrial Park as deadline expires today. According to Bangladesh Small and Cottage Industry C ...

Dhaka stocks continue to fall

Dhaka stocks continued to decline for the fourth straight sessions as investor continued profit booking to remain in safe zone. During the last four trading sessions, DSEX, the benchmark index ...

BB warns banks of loan diversion into stocks

Bangladesh Bank in its monetary policy asked the banks to be cautious about diversion of loans into the stock market in the wake of recent rally. The country’s stock exchanges had been ex ...

RMG makers keen to include all stakeholders into new initiative

RMG makers want that all stakeholders including the government, ILO, brands and representatives of trade union leaders be included in the new initiative to inspect apparel industry after the expiry of ...

Japan satisfied with Bangladesh security

Japanese Ambassador to Bangladesh Masato Watanabe yesterday expressed satisfaction with safety and security for their citizens engaged in jobs and business here. The envoy came up with the remark a ...

BSEC: Be well-informed of stocks before investment

Bangladesh Securities and Exchange Commission (BSEC) asked investors to make investment after being well-informed about the fundamentals of the company they are investing and the risk of investment in ...

Tofail hopes Australia will lift ban on cargo from Bangladesh

Commerce Minister Tofail Ahmed is optimistic the Australian government would lift ban on freight from Bangladesh as the latter has appointed a British firm to improve security at the airport. In De ...

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