High inflation, banking crisis are key hurdles for new govt: analysts
The interim government’s immediate duty will be to address inflation and repair weak financial institutions as it seeks to rebuild the economy, according to experts.
5 August 2024, 18:00 PM
Transport operators dealt a fresh blow
Transport of passengers and export-import goods began to suffer again yesterday as most vehicles avoided plying roads amid a new wave of violence surrounding the students’ non-cooperation movement.
4 August 2024, 18:00 PM
Unrest hits retail sales hard
Malls and markets in Dhaka and other major cities have been hit hard by spiralling unrest across the country following the deaths of over 200 people, including students, during the quota reform movement in recent weeks.
3 August 2024, 18:00 PM
Apprehensions rife over future exports
The ongoing unrest and curfew have raised apprehensions over Bangladesh’s future exports on the back of data corrections by Bangladesh Bank showing that almost all major sectors suffered a drop in shipments last fiscal year.
1 August 2024, 18:00 PM
Shipping woes cripple non-RMG exporters
Although the plight of the readymade garment (RMG) sector has stolen the limelight, non-RMG industries have also witnessed unprecedented shipment woes, including cancellation of bookings, due to the upheavals over the past week.
29 July 2024, 18:00 PM
Internet outage, curfew leave foreign investors in a bind
Violence centring the quota reform movement as well as a five-day internet blackout and the ongoing curfew has shaken foreign investors’ confidence in Bangladesh, tarnishing the country’s image as a reliable investment destination.
27 July 2024, 18:00 PM
Tourism jolted by curfew
Zahra Mayeesha, a 26-year-old private job holder, was preparing to return to Dhaka from a two-day vacation to Sreemangal with her husband on July 16.
25 July 2024, 18:00 PM
Bus operators stare at losses
Bangladesh has over 83,000 registered buses, with private investment in the business growing in line with the expansion of national and regional highways.
23 July 2024, 18:00 PM
Drug production, supply take a hit
Production and distribution of medicine have been disrupted for the last four days due to violence since the beginning of the quota reform movement and associated curfew imposed by the government, drug makers said on July 22
23 July 2024, 15:42 PM
Ports, transports at a standstill
Export and import activities suffered severe disruptions for the third day on July 20 amid transport problems because of violence centring the quota reform movement and internet shutdown by the government.
23 July 2024, 15:18 PM
Transport operators sitting idle, counting losses
The violence centring the quota reform protests and associated curfew are preventing trucks and covered vans from plying on the roads and highways, leading to losses for their operators alongside businesses dependent on them
23 July 2024, 14:47 PM
Transport operators sitting idle, counting losses
The violence centring the quota reform protests and associated curfew are preventing trucks and covered vans from plying the roads and highways, leading to losses for their operators alongside businesses dependent on them.
21 July 2024, 18:00 PM
Investment in the south is underwhelming even after Padma Bridge
Two years have passed since the inauguration of Padma Bridge, but the southern region has still not managed to tap the potential brought about by the mega-project due to a lack of physical infrastructure and utilities.
19 July 2024, 18:00 PM
Plans to set up economic zones in southwest yet to gather pace
The Bangladesh Economic Zones Authority (Beza) has taken the initiative to set up 17 economic zones in the southwestern part of
19 July 2024, 18:00 PM
Reconditioned vehicle import rises defying inflation, dollar crisis
Import and sale of reconditioned vehicles have increased in Bangladesh at a time when the country is suffering from high inflationary pressure and foreign currency crisis.
18 July 2024, 18:00 PM
Ceramics industry reeling from three-pronged assault
The ceramics industry has been desperately seeking respite from a spate of crises in recent months, but their woes have only deepened due to a worsening gas crisis.
15 July 2024, 18:00 PM
Foreigners working in Bangladesh rising
An increasing number of foreign nationals are seeking permits to work in Bangladesh because of a lack of skilled managers and an education system not tailored to meet industrialisation in the country.
15 July 2024, 18:00 PM
Will there be any uptick in investment after PM’s China visit?
There was an expectation that investment inflows from China to Bangladesh would increase substantially following the Covid-19 pandemic as investors in China were looking for an alternative manufacturing hub.
13 July 2024, 18:00 PM
Full-fledged cancer treatment facilities need of the hour
High-quality cancer drugs are produced in Bangladesh. Oncologists and physicians are also available. However, the country is lagging in putting in place an adequate number of full-fledged facilities to treat patients suffering from such diseases.
12 July 2024, 18:00 PM
Local pharma lights up hope in cancer treatment
The pharmaceutical sector of Bangladesh has achieved many milestones over the past 14 years. Not only do local companies now meet 90 percent of the country’s demand for medicines, but the products are also exported to around 150 countries, fetching hundreds of millions of dollars.
12 July 2024, 18:00 PM