Bangladesh's private investment as percentage of economic output has expanded at a slower pace this fiscal, hurt by unfavourable business climate and low-quality public investments, analysts say.Private investment as percentage of Gross Domestic Product (GDP) in fiscal year 2018-19 recorded at 23.40 per cent, a mere 0.14 percentage point increase,...
Read moreThe students continued the second day of protests on Wednesday demanding justice over the death of Abrar Ahmed Chowdhury, a student of Bangladesh University of Professionals (BUP) who was crushed under the wheels of one of the competing buses in the city on Tuesday.The protests passed off on the day...
Read moreExperts at a workshop have identified several factors responsible for the rise of trade-based money laundering in the country.The factors include under-qualified bankers, lack of effective communications between the customs and banks, unholy alliance of unscrupulous traders and bankers, and a lack of digitisation, they said. They also found a...
Read moreLeaders of the textile and clothing sector have strongly opposed the move to raise gas tariff, saying that the proposed 132 per cent hike, if implemented, would increase their production cost by 5.0 per cent.Such a steep tariff hike would curtail the growth of the sector as well as the...
Read moreThe Ministry of Public Administration on Wednesday issued a gazette on the 37th Bangladesh Civil Service (BCS) examinations appointing a total of 1,221 candidates to different cadres. The recruited officers have been urged to join their offices concerned on April 7, said a notification of the ministry.—UNB
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