New default loan policy to jeopardise businesses
New default loan policy to jeopardise businesses

Bangladeshs defaulted loans are expected to exceed Tk 5 lakh crore, surpassing 30 per cent of total disbursed loans, if new regulations take effect in March. Businesspeople are urging the authorities to defer the implementation of the new default regulations by at least a year. According to the...

Acute gas crisis cripples industries
Acute gas crisis cripples industries

Years of disrupted gas supply have brought export-oriented industries and other factories to a severe production crisis. In key sectors such as textiles, ceramics, and ready-made garments, the captive power plants require a gas pressure of 15 PSI (pounds per square inch), but they are typically...

Argentina ambassador meets BGMEA chief on trade
Argentina ambassador meets BGMEA chief on trade

Marcelo Carlos Cesa, ambassador of Argentina in Bangladesh, met with Anwar Hossain, administrator of BGMEA and vice-chairman of the Export Promotion Bureau (EPB), at the EPB office in Dhaka on Monday. The meeting focused on exploring potential areas of trade and investment and enhancing...