Default Loans at All-Time High

Banks’ non-performing loans hit nearly Tk. 1 lakh crore at the end of September — the largest yet in Bangladesh’s 48-year-history. “If the trend continues there will be dire consequences for the economy,” said Ahsan H Mansur, executive director of...

BD Youth Jobless Rate Rises by 6.4% Points: ILO

The rate of youth unemployment in Bangladesh remained one of ‘the most worsening’ situation among the countries in the Asia-Pacific region. The country’s overall unemployment rate rose by 1.0 percentage point in 2017, according to International Labor...

Infrastructure, HR Major Hurdles to Desired Growth

Inadequate infrastructure, energy insecurity and traffic mismanagement have been identified as some of the major hurdles to achieving desired investment and economic growth in the country. Business leaders and policymakers pointed out the barriers at the first plenary...

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...

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...

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...