Private investment a national priority: CA’s Special Envoy
Private investment a national priority: CA’s Special Envoy

Chief Advisers Special Envoy Lutfey Siddiqi on Monday said increasing private investment is a national priority and it holds the key to a full spectrum of challenges from jobs to inflation, reports UNB. He said this at an inter-authority, inter-ministerial coordination meeting on investment...

Generative AI transforms from novelty to essential business tool, survey finds
Generative AI transforms from novelty to essential business tool, survey finds

Generative artificial intelligence (AI) is rapidly evolving from a curiosity to a critical asset, with more companies incorporating it into their daily operations. This shift is highlighted in a recent report by Wharton School experts and marketing consultancy GBK Collective, titled Growing Up:...

Chief Adviser urges top business executives to team up with govt
Chief Adviser urges top business executives to team up with govt

Chief Adviser Professor Muhammad Yunus on Tuesday urged top executives of multinational companies operating in Bangladesh to team up with the government to advocate and promote Bangladesh to potential investors and ensure business opportunities expanded in the country. As a team, we have to work...

Traders face escalated risk of default once again
Traders face escalated risk of default once again

Industrial production has sharply declined, and export income has been severely disrupted, bringing business and trade to a near standstill. Multiple pressures, including political instability, have contributed to this economic downturn. Among these challenges, a key factor is the reduction in the...

Businesses struggle to survive amid ongoing Israeli raids
Businesses struggle to survive amid ongoing Israeli raids

Lina al-Khalil has fled her south Beirut home to escape escalating Israeli attacks on Hezbollah, but she still returns daily to the bombarded area to keep the family business running. Its more important than my house, said the pharmacist, in her 50s, of the business she inherited from her father...

Interim government confirms no plans to shut down businesses
Interim government confirms no plans to shut down businesses

The interim government has assured the public that no business establishments in the country will be closed, emphasizing that businesses will remain operational. Government officials have reiterated their commitment to supporting the economy by fostering investment and creating job opportunities....

Media should stay more vigilant: ICB chairman
Media should stay more vigilant: ICB chairman

The chairman of the state-owned investment organisation, Investment Corporation of Bangladesh (ICB), Abu Ahmed, has said that reports or articles published in the media that harm businesses, industrial entrepreneurs, and the public should not be published. He urged the media to exercise caution...

Disney forms business unit for AI, mixed reality
Disney forms business unit for AI, mixed reality

Walt Disney is forming a new group to manage the use of emerging technologies like artificial intelligence and mixed reality while exploring their applications in its film, television, and theme park sectors. Jamie Voris, who has served as the film studios chief technology officer and was...

Business downturn collapses dockyard industry
Business downturn collapses dockyard industry

The Dockyard industry in Khulna has collapsed in Khulna as around 2,000 specialists of 44 private dockyards are confronting monetary misfortune because of absence of work while the dockyard proprietors are experiencing the disturbance of hoodlums, coercion and consistent load-shedding. Those...

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...

Those creating jobs are the ones facing harassment: Mintoo
Those creating jobs are the ones facing harassment: Mintoo

Former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Abdul Awal Mintoo, said that those striving to create employment in the country through investment are the ones facing harassment, despite their significant contributions to the economy. There are two...

AL corruption exposes genuine businesses to harassment
AL corruption exposes genuine businesses to harassment

Following the ouster of the Sheikh Hasina-led fascist government this August, immense malpractices encouraged by the Awami League (AL) were exposed. While the AL systematically ruined many banks during its 15-year autocratic rule, it also laundered vast amounts of money abroad, leaving behind a...