It is relaxing to see that even during the coronavirus pandemic, the statistics related to GDP growth and per capita income has shown higher growth. Remittance and foreign currency reserves are ballooning. Under the circumstances, the budget for the next fiscal year has been proposed.

SME Foundation needs to be provided a specific budgetary allocation each year to ensure that entrepreneurs get easy access to finance, speakers told a webinar yesterday.

Small and medium enterprises (SMEs) cannot grow substantially because of a lack of fiscal incentives, access to finance and skilled manpower, said speakers at a webinar yesterday.

Jute growers in its biggest cultivation hub of Faridpur are expecting a bumper production this current season thanks to favourable weather, a welcome development for the industry that suffered for high prices of raw materials resulting from reduced production the previous year.

Higher education under private arrangement started its journey in Bangladesh in 1992 under the Private University Act 1992.

The budget declared for 2021-22 financial year is one of the most significant budgets in the history of Bangladesh.

Bangladesh Bank today said that borrowers would be able to avoid default zone by repaying 20 per cent of their loan instalments till June.

Banks will remain open from 10am to 3.30pm during the upcoming countrywide lockdown starting from July 1.

The Korea-Bangladesh CSR Conference 2021 has been organised to raise awareness about corporate social responsibility (CSR) and the private sector’s increasing role in the sustainable development and share good CSR practices by Korean companies in Bangladesh, Korean Ambassador Lee Jang-keun said today.

The SME sector cannot grow substantially due to a lack of fiscal incentives, access to finance, skilled manpower and policy inconsistency, speakers said at a webinar marking International MSMEs Day today.

The income of 77 per cent of people in the country has declined due to the fallouts induced by Covid-19 in the last one and half years, the Consumers Association of Bangladesh (CAB) said today.

Adoption of modern technology to attain sustainable growth in the SME sector is a must now in Bangladesh, experts said at a webinar today.

Textiles and Jute Minister Golam Dastagir Gazi today said Bangladesh has earned $1062.54 million by exporting jute and jute products in the last 11 months since July last year.

The benchmark index of the Dhaka Stock Exchange (DSE) lost more than 100 points today amid fears for the upcoming lockdown, which will begin countrywide on July 1.

Specific budget allocation is required for the SME Foundation to ensure easy financing for the entrepreneurs of small and medium enterprises, said speakers at a webinar.

A smaller version of the world’s biggest mobile fair opens Monday in Spain under tight virus controls, with top firms avoiding an in-person presence after the pandemic derailed last year’s edition.

The Bangladesh EPZ Investors’ Association (BEPZIA) has requested the government to keep the export processing zones (EPZs) open during the nationwide lockdown to ensure smooth payment of salaries and allowances to workers.

Prices have indeed spiked in the United States, government data released Friday said, but analysts believe the increase isn’t enough to change minds at the Federal Reserve, which is planning to keep rates low to help the economy recover from the Covid-19 pandemic.

Garment factory owners have expressed their intention to keep running their industrial units during the upcoming lockdown, while union leaders are divided on the issues of ensuring workers’ safety and livelihoods.

An initial public offer (IPO) by China’s Didi Global Inc in New York to raise up to $4 billion has been fully covered on the first day of its bookbuild, even as some investors fear tougher rules could hit growth, sources with direct knowledge said.