Bangladesh's ranking as a competitive economy has suffered a setback, falling by one notch in a global index as the country's competitiveness has weakened in most of the indicators.Out of 140 countries, the country has been ranked the 103rd most competitive economy in the world by Geneva-based World Economic Forum...
Read moreRIYADH, Oct 17 (Agencies): Bangladesh and Saudi Arabia on Wednesday signed five Memorandums of Understanding (MoUs) to enhance cooperation in chemical, steel and solar power sectors between the two countries.The MoUs were inked after the meeting of Prime Minister Sheikh Hasina with the Saudi business community, including leaders of the...
Read moreExcessive concentration of population and economic activities in Dhaka is impeding the growth of Bangladesh, experts cautioned at a seminar in the capital on Wednesday. The country's suburban areas, including the district towns, are not creating any significant impact in supporting the economic density, suggesting major weakness in urban development,...
Read moreCorruption remains the most problematic factor for doing business in Bangladesh followed by inadequate infrastructure and inefficient bureaucracy, according to a study.Access to finances, policy instability, high tax rates and complex tax regulations are also the major concerns of the businesses.The Centre for Policy Dialogue (CPD), a local think tank,...
Read moreUttarkhan fire death toll rises to fiveA man who along with seven others suffered burn injuries in a fire incident in the city's Uttarkhan area early Saturday succumbed to his injuries five days after the incident on Wednesday morning, taking the death toll to five. Dablur, 33, lost his battle...
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