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Bangladesh has more US investment scope in energy sector : Nasrul Hamid

BSS State Minister for Power Energy and Mineral Resources Nasrul Hamid on a virtual dialogue in the city said Bangladesh as a rising economy contains a vast foreign investment opportunities here particularly for the United States and calling for more US investments in different energy sub-sectors here. “Country’s infrastructure, communication, information

Bangladesh to attain targeted GDP growth in current fiscal: Kamal

Finance Minister AHM Mustafa Kamal yesterday expressed his optimism that Bangladesh would be able to attain its targeted 8.1 to 8.2 percent GDP growth at the end of current fiscal year (FY21) and the country would again atop other Asian countries in GDP growth attainment this year. “Our inward remittance flow

ADB, Pran Dairy sign $10m loan agreement to support dairy value chain

BSS The Asian Development Bank (ADB) and Pran Dairy Limited (PDL), a member of one of the biggest food and agribusiness groups in Bangladesh, today signed a $10 million loan agreement to support dairy value chain during the novel coronavirus (COVID-19) pandemic. The loan will allow PDL to continue to procure

Establishing share market as main source of funds for industrialization stressed

BSS Stock market stakeholders yesterday said that transparency, accountability and good corporate governance should be ensured to establish the concept that the capital market is the main source of funds for industrialization. They also said that enlistment of good quality companies, product diversification such as creation of bond market and same

Kamal for coordinated global operations to overcome COVID-19 crisis

BSS Finance Minister AHM Mustafa Kamal has stressed the need for undertaking a well-coordinated global operations to face the COVID-19 crisis where the United Nations can play a pioneering role. In this tough journey, Kamal said the G-7, G-20, OECD and international financial institutions can also play their due role. The Finance

Bangladesh has huge capability in foreign trade: Swiss envoy

As Bangladesh becomes a lucrative investment destination, Ambassador of Switzerland in Dhaka Nathalie Chuard on September 6 said, Bangladesh has achieved huge capability in foreign trade and investment. The Swiss envoy made the remark while meeting with Commerce Minister Tipu Munshi at the Commerce Ministry in the city, said a press

More investment to come in Bangladesh: hopes Kamal

BSS Finance Minister AHM Mustafa Kamal yesterday expressed his high optimism that more local and foreign direct investment (FDI) will come in the country in the coming days since necessary physical infrastructures are being built in Bangladesh. “I believe that more investment will come in the country since necessary physical infrastructures

Proper use of PM’s stimulus package for agriculture stressed

BSS Branch managers of Rajshahi Krishi Unnayan Bank (RAKUB) were asked to perform their duties with utmost sincerity and honesty for the best uses of the Prime Minister’s stimulus package fund for agriculture in the country’s northwest region. The instruction was given in a meeting of evaluating progress of disbursing loan