Jagaran Chakma

The continuation of concessionary duties on raw material import for motorcycle manufacturers into fiscal 2019-20 would help the fast-growing sector, said market players.

Dhaka will sign two agreements with Beijing to borrow $2.37 billion for two power projects during Prime Minister Sheikh Hasina’s four-day China visit from July 1, finance ministry officials said yesterday.

The government’s target to raise private investment to 24.2 percent of GDP will be challenging given the trend in last several years

The government has resorted to deficit financing, largely through bank borrowing and sale of high-cost savings certificates, increasing the interest payment burden on its shoulders and fuelling inflation.

Former finance minister AMA Muhith has said his successor faces three major challenges: increasing the size of the national budget, realising more revenue and improving the banking sector.

Bangladesh is going for a record amount in external debt repayment this fiscal year, putting pressure on the almost stagnant foreign currency reserves and tightening market conditions.

Some Chinese garment makers want to set up factories under joint venture in Bangladesh as they see the country as a competitive destination to relocate plants amid raging US-China trade war and the rising cost in the world’s second largest economy.

State banks can keep on expecting to be coddled despite their continued financial irregularities and irresponsible lending practices, with the government looking to inject Tk 1,500 crore in the upcoming fiscal year to help the lenders meet their capital shortfall.

The government’s subsidy expen-diture is likely to soar 22.28 percent year-on-year to about Tk 45,000 crore next fiscal year as its

Footwear manufacturers and retailers are looking to rake in Tk 3,000 crore in sales this Eid-ul-Fitr as sandals and shoes are high on

Television brands and retailers are expecting good sales in the run up to the ICC Cricket World Cup, which is all set to begin in England and Wales on May 30. Cricket fans in Bangladesh will be glued to TV sets to watch live their beloved national team compete with the big teams in the sport’s

Japanese trading giant Sumitomo Corporation and Bangladesh Economic Zones Authority (Beza) are going to enter into a joint venture

Big business groups are entering the automobile workshop business, tempted by the massive jump in the number of motor vehicles plying the roads in the past several years. Their entry means traditional workshops will gradually be phased out and replaced with sophisticated automated repair centres.

Bangladesh Investment Development Authority (Bida) is going to set up a lounge at Hazrat Shahjalal International Airport to facilitate

Sales of air conditioners have doubled year-on-year in April as people are seeking ways to get respite from the scorching summer. Samsung posted 150 percent sales growth in April compared to the same month last year where Transtec raked in 100 percent sales growth since April 15.

Bangladesh has become self-sufficient in billet manufacturing on the back of huge investment made by large steel mills, which bumped up their production capacity for the key raw material of steel products.

Japanese motorbike manufacturer Yamaha has added two new stylish, sporty and safe two-wheelers in its range of products to attract young bike lovers of Bangladesh.

A Bangladeshi tea brand has gone global with successful business, expanding to the United States and the United Kingdom after

Beijing is demanding 3 percent interest rate for a $1.4 billion loan for a power project in Bangladesh, a 50 percent increase in the

Pahela Baishakh, the first day of the Bangla new year, has become the biggest occasion for sweetmeat makers on the back of the rising