Jagaran Chakma

Kihak Sung, chairman of Youngone Corporation and a pioneer in Bangladesh's readymade garments (RMG) and textile sectors, has been instrumental in the country's rise as a major global exporter.

Services rendered by government agencies through a single-window platform to facilitate business remain marred by unscrupulous activities, despite expectations of improvement among entrepreneurs under the interim government.

The Bangladesh Economic Zones Authority (Beza) is considering utilising unused land to establish solar power parks at the Mirsharai Economic Zone in Chattogram, the largest industrial enclave in the country.

The demand for consumer electronics in the mid to high-end categories has declined drastically in Bangladesh as most people are shifting to cheaper alternatives or avoiding purchases altogether amid persistent inflation.

The head of DCCI has urged the government to map out its economic priorities once the committee to prepare a white paper on the economy, and other task forces on various reform agendas finish their jobs.

Corruption and policy inconsistencies have posed significant challenges to attracting foreign direct investment (FDI) in Bangladesh over the past 15 years, said Ashik Chowdhury, the first private-sector leader to head the government’s key investment promotion agencies.

Steelmakers in Bangladesh are facing a severe working capital shortage due to the sharp rise in the US dollar exchange rate and a slowdown in sales, according to industry insiders.

The business community had to toe the government line during the Awami League rule of the past 15 years, Mohammed Amirul Haque, managing director of Premier Cement Mills, told The Daily Star in an interview recently.

Bangladesh is sending more leather footwear to foreign markets like the United States, Japan and the European Union as the country's footwear exports during the July-October period of the current fiscal year surged to a five-year high.

Amid a severe liquidity crisis and unpaid labour dues, troubled Beximco Group's Shinepukur Ceramics recently halted operations, bringing the total number of closed ventures of the group to 24.