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Business
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Corruption biggest barrier to FDI here
UK minister says at Ficci luncheon meeting
The visiting UK state minister for trade has said corruption is considered to be the biggest single barrier to greater foreign direct investment in Bangladesh.
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Political Gridlock
Perishable goods traders face Tk200cr loss daily
Retailers of fishes and other perishable goods in Dhaka metropolitan area yesterday said the countrywide blockade programme is causing them a loss of Tk200 crore every day.
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Keep farm produces out of purview of agitation programme
Cold storage assoc urges
Bangladesh Cold Storage Association (BCSA) has urged all the political parties to keep the transportation of farm produces out of the purview of siege, hartal and non-cooperation movement in the greater
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WIEF eyes OIC FTA
The World Islamic Economic Forum (WIEF) recently pledged to tap the potential of enhancing intra-OIC trade and investment to bring the Muslim world at par with the developed world.
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Rahman Jute Mills goes into operation
A new private jute mill, Rahman Jute Mills Ltd, with a production capacity of 10 tonnes of jute goods per day started operations in Rajshahi on Tuesday.
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US urges flexibility to break WTO deadlock
A senior US official Tuesday urged developing countries including India to show "flexibility" to break the deadlock in the World Trade Organisation talks over agricultural subsidies and market access,
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HSS-USA to set up Asia Pacific HQ in Dhaka
Horizon Staffing Services (HSS-USA), a rapidly growing human capital augmentation and placement company in the US, will open its new international branch office in Dhaka soon, says a press release.
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$600m ADB loan for Pak private investment
The Asian Development Bank is to lend Pakistan 600 million dollars to encourage more private sector participation in infrastructure development, the lender said in a statement Wednesday.
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Nepal eyes tourism boost after peace pact
In Kathmandu's tourist hub of Thamel, where trekkers rub shoulders with Buddhist monks, the mood was optimistic Wednesday after a landmark peace pact to end a decade of bloody insurgency.
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Oil eases after rally
Oil eased near $60 on Wednesday following big gains the previous day spurred by disruption of Alaskan crude exports and ahead of U.S.
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New GM of MIDAS Financing
Md Din Islam Miah has recently joined MIDAS Financing Ltd as general manager (Finance & Accounts) and company secretary, says a press release.
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