BUILD, GIZ launch project on analyzing export data
BUILD, GIZ launch project on analyzing export data

Business Initiative Leading Development (BUILD) in collaboration with Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) launched a project on Enhancing Export Data Transparency for the Export Promotion Bureau (EPB) under the Programme for Sustainability in the Textile and Leather...

Dinosaur skeleton goes for 6 million euros in Paris sale
Dinosaur skeleton goes for 6 million euros in Paris sale

The skeleton of a 22-metre-long dinosaur (70 feet) fetched six million euros ($6.4 million) Saturday, journalists learned from auction houses Collin du Bocage and Barbarossa, reports BSS, citing AFP. Report says, an anonymous collector snapped up the vegetarian apatosaurus, which was excavated...

Businesses scuffle amid rising interest rates
Businesses scuffle amid rising interest rates

The business sector in Bangladesh is grappling with a crisis due to successive increases in loan interest rates. Rising costs have stalled investments, creating widespread challenges. Business leaders point out that while consumer loan rates are typically raised globally to curb inflation, in...

CA appoints 3 special assistants to aid home, health, education advisers
CA appoints 3 special assistants to aid home, health, education advisers

Chief Adviser to the Interim Government Prof. Dr Muhammad Yunus has appointed three special assistants with the status of state minister, according to a gazette notification issued in Dhaka on Sunday evening. Under rule 3B (iia) of the Rules of Business, 1996, they have been given executive...

Misinformation, media trials cripple businesses
Misinformation, media trials cripple businesses

Businessmen continue to face numerous challenges, exacerbated by media outlets that spread false information about various businesses and financial institutions. Critics argue that these unfounded rumors and fabricated statements constitute a form of media trial. The medias intense scrutiny of...

Industrial production slumps amid investment crisis
Industrial production slumps amid investment crisis

The country is experiencing stagnant investment due to various issues, including high interest rates, instability in industrial zones and a power and energy crisis. This has stunted job creation, and industrial production has hit rock bottom. Amid the push to create extensive employment for...

Businessmen in fear of decline in investment
Businessmen in fear of decline in investment

Bangladesh Banks effort to control inflation is going on and they increase the policy interest rate thrice in three months. However, the businessmen are in fear of losing investment due to the increase in policy interest rate. According to them, the interest rate on personal debt will be increased,...

Safety for entrepreneurs essential to resolve business crisis: Mir Nasir Hossain
Safety for entrepreneurs essential to resolve business crisis: Mir Nasir Hossain

In an interview with Bangladesh Pratidin, Mir Nasir Hossain, the former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and former director of Eastern Bank, shared his insights on the countrys state of trade, private sector, and the overall economy. He...

Business owners struggle to bounce back from losses
Business owners struggle to bounce back from losses

Following the StudentPeoples uprising that resulted in the collapse of Sheikh Hasinas government, extensive violence erupted throughout the countrys industrial sector. Several factories in Gazipur, Narayanganj, Ashulia, and Savar were vandalized and set on fire. This halted production and...

Businessmen are under pressure
Businessmen are under pressure

The countrys banks have no liquidity. Customers are coming back from the banks and are being aggrieved. Foreign banks do not guarantee open Letters of Credit (LCs). Murder cases were registered against many businessmen. Bank accounts of many businessmen were suspended. Fearing the future...

FBCCI involved in implementing govt’s agenda
FBCCI involved in implementing govt’s agenda

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex trade organization of the businessmen of the country, is also in top in showing unreasonable obedience to the government whoever comes into power. Some leaders of this apex trade organization seemed to overpass the...