১৮ জানুয়ারি, ২০২৫ ১৭:১১ এর সব খবর

Saturday, 18 January, 2025

বাংলা

Headline

Investment dips as machinery imports plunge

The import of capital machinery has dropped significantly, reflecting a stagnation in investment across the country. According to Bangladesh Bank data, during the first five months (JulyNovember) of the current fiscal year 202425 (FY25), the opening of letters of credit (LCs) for capital...

Factories closing, stagnation in investment

With a growing number of factory closures, Bangladeshs economic outlook is becoming increasingly uncertain; also stagnant investment is signaling a broader crisis. Private sector credit has hit a 42-month low, while rising interest rates and a faltering business environment have dampened both...

Economy stuck in quicksand of crisis

The new year ushers in a deepening economic crisis, exacerbated by money laundering, corruption, mismanagement, and looting. Economists and analysts warn that persistent challenges, such as stagnation in business and trade, labor unrest, declining investment and employment, massive defaults on...

Invest in tournaments, not concerts, to improve BPL: Tamim

The Bangladesh Premier League (BPL) is set to begin tomorrow, with the Bangladesh Cricket Board (BCB) promoting the concept of a New BPL in recent days. Changes include redesigned graffiti, a new theme song, and concerts in three citiesDhaka, Chattogram, and Sylhet. Notably, renowned Pakistani...

Commerce adviser urges Swedish entrepreneurs to invest in SEZs

Adviser to the interim government on the Ministry of Commerce Sk Bashir Uddin on Wednesday urged the Swedish entrepreneurs to come up with more investment in Bangladesh, reports BSS. Bangladesh and Sweden have long-standing friendly relations. Sweden can further accelerate the relationship by...

Sri Lankan -resident embarks on first official visit to India

Sri Lankan President Anura Kumara Dissanayake departed for India Sunday afternoon, marking his first official overseas visit since assuming office, according to the Presidents Media Division (PMD), as reported by the Daily Mirror. This visit is expected to strengthen bilateral relations and...

Bank account freezes must follow legal process: Abdul Awal Mintoo

Prominent businessman and former FBCCI president Abdul Awal Mintoo criticized the recent freezing of bank accounts, calling the practice not legally valid. Speaking at the Economic Reporters Forum (ERF) in Paltan on Monday, he emphasized that such actions should strictly follow due legal process...

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...

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...

Chief Adviser urges Sweden to invest more in Bangladesh

Chief Adviser Professor Muhammad Yunus on Monday invited more Swedish investment, saying the Interim Government was carrying out vital reforms to ensure ease in doing business in the country. Professor Yunus made the comments when the ambassador of Sweden, Nicolas Weeks, called on the Chief...

BIDA chief encourages Chinese investors to explore opportunities in post-US election era

Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of the Bangladesh Investment Development Authority (BIDA), has extended an invitation to China-based manufacturers to invest in Bangladesh following recent developments in the post-US election landscape. In an open letter to Chinese investors,...

Dhaka seeks Brazilian investment

Fisheries and Livestock Adviser Farida Akhter has sought Brazilian investment in Bangladesh for stronger economic ties between the South Asian and Latin American nations. I urge you to secure the first investment during your tenure, she told Brazilian Ambassador to Bangladesh Paulo Fernando Dias...

CA pledges reforming labour sector

Chief Adviser Professor Muhammad Yunus on Thursday said his government would carry out vital labour reforms in an effort to attract more foreign investment in the countrys manufacturing sector. He made the comments during a meeting with former British Prime Minister Theresa May on the sidelines...

Singapore envoy discusses trade, investment, and skilled labor with BNP leaders

Singapores non-resident High Commissioner to Bangladesh, Derek Loh, engaged in discussions with BNP Secretary General Mirza Fakhrul Islam Alamgir on topics concerning to bilateral relations, trade, and investment. The hour-long meeting, which began around 9:30 pm, was held at the BNP...

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...

Chief Adviser seeks more Saudi investment in Bangladesh

Dhaka, Oct 28, 2024: Chief Adviser Professor Muhammad Yunus on Monday urged Saudi Arabia to invest more in Bangladesh and sought enhanced energy and economic cooperation to boost ties between the two friendly nations. The Chief Advisers made the call when Saudi Ambassador to Bangladesh Essa...

Tk 111 crore on paper, Tk 500 crore in reality

The Anti-Corruption Commission (ACC) is investigating former Finance Minister AHM Mustafa Kamal, also known as Lotus Kamal, over discrepancies in reported assets. The ACC has identified Tk 111 crore in assets on paper, but believes the true value could reach Tk 500 crore. To support its inquiry,...