A ‘youth cell’ under PMO is in order A youth cell should be formed under the Prime Minister’s Office to effectively implement the action plan for youth development and reap the benefits of demographic dividends, Planning Minister MA Mannan said yesterday. The youth development programme will bring better outcome through
Read MoreGovt makes setting up single-member companies easier The government has brought in a major amendment to the Companies Act allowing setting up of single-member companies, a move that is expected to give a boost to entrepreneurship, draw investors and support the growth of SMEs. The cabinet gave its approval to
Read MoreBB makes lending easier to foreign companies Banks and non-bank financial institutions have been allowed to give out local currency loans to foreign companies against overseas guarantees without taking prior approval from the central bank. The central bank eased the rule yesterday given the ongoing coronavirus pandemic, according to a
Read MorePandemic has buffed and shined great potential of Agent banking The ongoing pandemic, no doubt, has been a sucker punch to both lives and livelihoods like no other in recent memory. But, amidst the catastrophe, there are a few bright spots. And one such bright spot has been the lenders’
Read MoreRMG export earnings in July 1-18 total $1.57b The country’s ready-made garment (RMG) export earnings in the first 18 days of July stood at US$1.57 billion despite the Covid-19 pandemic, which local manufacturers consider as a good sign of reviving new or cancelled work orders. Bangladesh fetched $1.78 billion during
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