Government to create e-commerce entrepreneurs in upazilas

The government is planning to create entrepreneurs in the upazilas to expand e-commerce and create employment for the computer and IT literate youths.

RMG reform: Global trade unions slam government

Bangladesh has largely failed to implement its commitments towards widespread reforms on protection of labour rights, fire and building safety and corporate responsibility as stipulated in the Sustainability Compact.

ECNEC okays 3 rural electrification projects for 43 dists

The Executive Committee of the National Economic Council approved three development projects for rural electrification involving Tk 47.17 billion aiming to supply electricity to every village in the country by 2021.

Migrant workers hit by travel tax hike

The government has raised the travel tax in the upcoming fiscal year, a move that is set to put pressure on the financially-challenged migrant workers, who form the majority of outbound travellers from Bangladesh.

It will be named Padma Bridge: Quader

The Padma Bridge would not be named after any particular person, Communication Minister Obaidul Quader has said.

Government plans to buy more shares in Unilever, IFIC Bank

The government plans to invest around Tk334 crore in the upcoming fiscal year to increase its shares in Unilever Bangladesh and IFIC Bank, which deposit huge profits to the public coffers every year, officials said yesterday.

Muhith changes mind on black money, tax-free income limit

The government is likely to make some changes to the proposed finance bill 2014, including increasing the tax-free income limit for individual taxpayers, and allowing the continuation of the opportunity to whiten undisclosed money.

FDI rises 24 per cent despite political instability

Inflows of foreign direct investment into Bangladesh rose 24 percent year-on-year to $1.6 billion in 2013 although the country witnessed serious political unrest and an anti-business climate during the period.

Finance minister places budget today

The finance minister, Abul Maal Abdul Muhith, in his sixth budget speech in a row, will today propose the budget for the 2014–2015 financial year aiming to pace the sluggish economy and to clear obstacles to investments focusing on further revenue income and foreign aids.

Bangladesh made ILO deputy member

Bangladesh has been elected a deputy member of the governing body of the International Labour Organization (ILO). It stated that Bangladesh would work for protecting workers rights both in home and abroad.

Subsidy to get the cut by 19 per cent

The government is set to slash subsidy allocation by about 19 percent in the upcoming budget, with the bulk of the cuts falling on fuel subsidy, in keeping with the commitment to the International Monetary Fund.

High duty on polythene raw materials

The parliamentary standing committee on textiles and jute ministry on Thursday recommended the government for imposing high import duties on raw materials of polythene with a view to discouraging polythene bags and encouraging jute-packing.

Warm relations with India to continue: Prime Minister

Voicing her high hope of keeping up good relations with India, Prime Minister Sheikh Hasina on Wednesday said any problem with neighbouring countries, including India, could be resolved through bilateral talks.

Frozen food exporters seek government intervention

Bangladesh Frozen Foods Exporters Association has sought intervention of the government to ensure smooth transportation of 100 per cent exportable frozen food items to different places of the country.

Shirin to meet Modi

Speaker of Jatiya Sangsad Dr Shirin Sharmin Chaudhury is expected to meet the newly elected Indian Prime Minister Narendra Modi on Tuesday morning.

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