The International Rice Research Institute (IRRI) and the Department of Agricultural Extension (DAE), Ministry of Agriculture, Government of Bangladesh, have signed a Memorandum of Understanding (MoU) to strengthen collaboration in research and innovation, technology transfer, extension services, and capacity development in the rice-based agrifood systems in Bangladesh. The MoU signing ceremony, which took place at DAE Head Office, Khamarbari, Farmgate, Dhaka marked a significant milestone in the long-standing partnership between IRRI and the Government of Bangladesh.
Under this MoU, IRRI and DAE will collaborate on research and development (R&D) projects to enhance the productivity of rice-based agri-food systems, promote climate-smart agriculture, and accelerat...
Ahead of the Bangladesh Investment Summit, Chief Adviser Professor Muhammad Yunus has invited Bangladesh's friends, partners and global leaders to explore the extraordinary investment opportunities that Bangladesh has to offer.
"There has never been a better moment to explore the extraordinary investment opportunities in Bangladesh," he said, as the government is set to host the Bangladesh Investment Summit 2025 next month.
Dr Yunus said Bangladesh has undergone profound...
Bangladesh’s pharmaceutical industry faces the challenge of losing its Least Developed Country (LDC) status, expected in 2026. This transition may result in the loss of its ability to produce generic drugs without patent restrictions. While the European Union may grant a grace period, the industry must prepare for potential patent claims from global pharmaceutical firms.
Bangladesh is on track to set a new record in remittance inflows, with expatriates sending $2.25 billion through banking channels in the first 19 days of March.
This marks a significant 78.4 per cent increase compared to the same period last year.
According to the latest data from Bangladesh Bank, the surge in remittance is largely attributed to the upcoming Eid celebrations, as non-resident Bangladeshis are remitting more funds to support their families.
In May 1982, a committee of eight experts submitted a report to Bangladesh’s health ministry proposing an overhaul of the country’s drug regulation regime. At the time, Bangladesh was almost entirely reliant on imports for its pharmaceutical needs, just like many poor countries in Southasia and beyond continue to be today. Most medicines on the market were expensive, and often unsafe cocktails of antibiotics, cough syrups, digestive enzymes and palliatives were ubiquitous. Some three-quarters of the country’s pharmaceuticals were manufactured by just eight multinational companies, which typically sold their products at exorbitant prices. But medicines were not always easily available even to those willing and able to pay, owing to inadequate and poorly distribute...
Despite political instability, Chattogram Customs House, the country's largest customs station, collected Tk 48,271 crore in revenue in eight months of fiscal year 24-25, a significant increase of 11 % compared to the same period in the previous fiscal year.
The business leaders thought that it had been possible to collect a huge amount of revenue due to the availability of the opening of letters of credit (LCs) and stricter enforcement of tax regulations to prevent evasion.
