The government is strengthening the Bangladesh Investment Development Authority (BIDA) to make it is more sophisticated and investment-friendly. As part of reinforcing the investment promotion agency, the government is amending the BIDA Act which was passed sometime in 2016. The amendment is now in the final stage of approval by the ministry concerned. The amendment,…
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Private Industry and Investment Adviser to the Prime Minister Salman F Rahman on Wednesday said Bangladesh will attain double digit next year in the global ranking of ease of doing business. He made the remark at a virtual meeting for the launching of three new services on the Online One Stop Service Portal of Bangladesh…
A resolution of the President of the Republic of Uzbekistan “On additional measures to ensure employment of the population, vocational training, attraction to entrepreneurship and increase labor activity of the poor and unemployed” was signed. The purpose of the resolution is to introduce a fundamentally new system of teaching modern professions and entrepreneurial skills, to…
Amendments and additions are made to some Government resolutions were approved. According to the amendments, the cash currency of Uzbekistan imported and exported by individuals and (or) cash foreign currency in excess of the equivalent of 70 million soums must be declared (currently US$2,000). In addition, cash foreign currency within an amount equal to or…
Bangladesh’s per capita income grew to $2,064 in the FY20, which was $1,909 in the last fiscal year. The Bangladesh Bureau of Statistic (BBS) revealed the figures as provisional data on Tuesday. Meanwhile, Gross Domestic Product (GDP) growth was recorded at 5.24% in the fiscal year 2019-20 which was 8.15%, the highest…