Business-Economy

BD eyes foreign investment to unlock agro-processing potential

Staff Correspondent: Market forecasts suggest the processed food sector, now valued at $4.8 billion, will grow to $5.8 billion by 2030 with over 70 million tonnes of agricultural production annually

‘Foreign investment pipeline created, continuous monitoring, communication to be maintained’

Staff Correspondent: A foreign investment pipeline has been created through this year’s investment conference and continuous communication will be made with institutions which have proposed or promised to invest, Bangladesh

Bad loans must be cut to ensure good governance in banks: Speakers

Staff Correspondent: Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country’s economy vibrant. They also said that growing

Electricity imports from India rise amid growing demand

Staff Correspondent: With the rising demand, electricity imports from India have increased. Currently, 17.13% of the total electricity produced in Bangladesh is coming from India. This increase in import has

India’s cancellation of transshipment won’t affect: Commerce adviser

Staff Correspondent: Although India has suddenly canceled transshipment, it will not pose a problem for Bangladesh, said Commerce Adviser Sheikh Bashir Uddin. He said efforts will be made to overcome

ShopUp and Sary merge to form SILQ with $110M US-Saudi investment

TDS Desk: ShopUp, Bangladesh’s largest B2B commerce platform, and Sary, the leading B2B marketplace and services platform in the Gulf, have merged to form SILQ Group. This merger brings together