Business-Economy

Account Verification System launched to prevent fraud, reduce costs: Speakers

Staff Correspondent: Speakers at a workshop on Saturday said that the government has introduced the Account Verification System (AVS) through Bangladesh Bank to enhance transparency in public expenditure and effectively

$1.29b WB loans in 5 projects stalled as consultant recruitment delayed

Staff Correspondent: The Bangladesh Private Investment and Digital Entrepreneurship Project, launched to support digital entrepreneurs in hi-tech parks and attract private investment in economic zones, secured $500 million in World

Bangladesh to import 100,000 tonnes of white rice from Vietnam

Staff Corresponent: Bangladesh is one of South Asia’s largest rice producers. However, the country still needs to import rice at certain times to balance supply and demand. In 2023, Bangladesh

Jaintapur’s Watermelon Boom: From fallow lands to flourishing fields

Staff Correspondent: A sea of lush green vines sprawls across the fields of Jaintapur, each cradling vibrant watermelons that glisten under the late winter sun. This year, the farmers of

Import of 9 key products rises by 39pc

Staff Correspondent: The import of nine essential consumer products, which see increased demand during Ramadan and Eid, has risen significantly. These products are sugar, soybean oil, lentils, peas, chickpeas, onions,

RMG exports to all markets rise in first half of FY25

Staff Correspondent: Ready-made garment (RMG) exports have apparently rebounded with a notable surge in shipments to all major markets in the first six months of the 2024-25 fiscal year. Exports