More than 98 percent of the total business enterprises in Bangladesh are SMEs and their contribution is 80 to 85 percent in the country’s industrial employment, according to a research. According to the research, among the SME enterprises, over 84 percent SMEs are located in villages while more than 80 percent are cottage industries, reports BSS. SME Foundation conducted the research, titled ‘Development of SMEs in Bangladesh: Lessons from German Experiences’. The study was supported by the German organization Friedrich-Ebert-Stiftung (FES) Bangladesh. Prime Minis...

Bangladesh Bank (BB) today released new banknote of Taka 10 incorporating advanced security features of the currency with an aim to prevent fake notes. Now, the new banknotes are available at the head office of Bangladesh Bank in Motijheel area of the capital, reports BSS. Other branches of the central bank would gradually issue the new banknotes. The measurement of the new banknote is 123 X 60 millimetres and it contains the portrait of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

With the theme ‘Achieving Sustainable Growth in a Turbulent and Disruptive Global Market’, the 34th CACCI Conference that took place virtually on 30th October Friday; featured speakers exchanging views on current trends, challenges, and uncertainties in the global market and geopolitical landscape, as well as the role of governments and businesses in mitigating global disruptions on the economy and business operations. Dr. Sangita Reddy, FICCI President; Mr. Samir Modi CACCI President; Dr. Rajiv Kumar, Vice Chairman, NITI Aayog; Mr. Abdul Abiad, Director, Macroeconomic Research Division, Economic Research and Regional Cooperation Department, Asian Development Bank; and