Business

INDISCIPLINE IN BANKING SECTOR

Central bank must restrain controversial moves Business Report The banking sector needs immediate reform to save it from major setback. The government is trying to use it at its will to secure big loans for mega projects bypassing the central bank’s regulatory authorities. The finance ministry has set up a committee to review the central […]

Business

INDO-BANGLA AUTOMOBILES SHOW HELD IN CITY

Govt is mulling new policy to make cars locally Business Report Bangladesh is mulling scope for developing automobile manufacturing commercially under joint venture with foreign investors to meet the country’s growing domestic demands and export to countries offering duty free access to products made in the country. This is a major policy shift in the […]

Business

EXPORT ORDER, GDP WILL BE UP

US-China trade war a boon for Bangladesh Business Report The trade war between USA and China is bringing boost to Bangladesh economy by way of boosting garment export as western buyers are shifting orders here and by pushing GDP growth substantially upward. Asian Development Bank chief economist Yasuyuki Sawada said it last week at a […]