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Bangladesh to register positive growth despite global recession: StanChart

BSS Despite a global recession which is shaping up to be historic in scale, Bangladesh might be one of only two ASEAN and South Asian economies to register positive growth in 2020, observed Standard Chartered’s leading economists recently. “While uncertainties remain, the worst is most likely over,” they said while speaking

‘Bangladesh: A suitable place for investment’

A Chinese entrepreneur Xu Xiaochu said Bangladesh is the most suitable place for investment for global enterprises as it has a large population and huge market potential. Xu Xiaochu, the chairman of China’s Yabang Investment Holding Group Company Limited said this in a recent function. “It is the most suitable place for investment for

BMCCI for adopting fast-growing IT to overcome COVID-19 impact

BSS Bangladesh Malaysia Chamber of Commerce and Industry (BMCCI) yesterday called for providing special focus on fast-growing trends in information technology for cost efficiency and self-survival to overcome COVID-19 impact. The chamber made the call at the BMCCI Web Talk Series, Session-7, titled “RMG Industry Pre COVID and Post COVID”, powered

Automation and robotics may squeeze Asia’s garments industry

Advances in robotics and process automation aided by emerging technologies like artificial intelligence may negatively impact the ready-made garments industries of the world's largest textile exporters like China, Bangladesh, Vietnam, Cambodia, etc over the next 5 to 10 years. Bangladesh is the second largest garments exporter in the world after China,

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