Koreans Keen on Bangladesh’s Infrastructure

South Korean companies are keen to invest in Bangladesh, particularly in the energy, engineering, infrastructure, food-processing, and electronic sectors, said a top official of the Korea Trade-Investment Promotion Agency. “Big Korean companies are interested to...

Oil Import Bill to Soar This Year

The government’s oil import bill is set to jump 36 percent this fiscal year thanks to the appreciation of the dollar and an increase in global oil prices — a development that can lead to a hike in oil prices in the local market, officials said. In fiscal...

Blockchain & the Emergence of Distributed Ledger Technology

Distributed ledger technology (DLT) and digital tokens are rewiring commerce worldwide. The underlying technology is blockchain. According to a recent survey conducted by PwC globally, 84 percent of the 600 executives surveyed mentioned that their organisations have...

Bangladesh’s Journey Through the Cloud

Being one of the biggest computing trends that impact major business sectors across the globe, the cloud has run its roots deep into business processes, bringing a new face to how organisations operate and people work in the modern era. It has changed how we behave...

Bangladeshi Factories Among the Safest

Western buyers are ready to place more work orders in Bangladesh because of the vast improvements in workplace safety in the country’s garment sector, said a top executive of an American apparel brand. Over the last five years, Bangladesh’s garment...

Bangladesh Leading Global Push to Get Transitional Benefits

Bangladesh is leading a global push for getting the LDC-related benefits for the nations that are set to graduate to a developing country status in the coming years. The country is set to co-host an international event on “Supporting Smooth Transition of the...

Golden Days Beckon for Jute

Jute and jute goods put in a solid shift in the overseas market in fiscal 2017-18, crossing the $1 billion mark in receipts after five years, much to the cheer of the government as it endeavours to lower dependency on garment. Last fiscal year, the sector brought home...

ADP Spend Far Away from Target

Ministries and divisions face an uphill task in June as they will have to spend about one-third of the development budget in one month to reach the government’s ambitious ADP target. In the first 11 months of the outgoing fiscal year, they together spent Tk...

Disquieting Trend in Job Market

Some 8.5 lakh women lost jobs in the industrial sector between 2013 and 2016-17 — a development that the Centre for Policy Dialogue has termed ‘truly disquieting’. It appears that many jobs were displaced for adoption of technology by factories after...