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Footwear sector expands, but challenges persist

Bangladesh’s footwear sector is set for substantial expansion, presenting lucrative investment opportunities in both leather and non-leather segments. The Bangladesh Investment Development Authority (BIDA) highlighted this potential in a recent newsletter while also acknowledging the challenges that must be addressed to sustain growth and enhance competitiveness.

Shah Mohammad Mahboob, an executive member of BIDA, underscored the industry's vast pot...

Japan’s ODA surge in Bangladesh

Bangladesh's super-fast rise on Japan’s ODA landscape is a significant development in South Asia. Japan’s ODA to Bangladesh began to rise from 2012 onwards, from a mere $78 million in 2011 to $305 million in 2012, and this trend has continued since then, with one analyst suggesting Japan provided $16.19 billion in foreign aid to Bangladesh up to 2021. Japan’s ODA increases have happened in tandem with Bangladesh’s economic growth, rise in bilateral trade and recognition of its strategic importance for maritime security. Sheikh Hasina’...

Bangladesh aquaculture industry growing at 3.7pc

The Bangladesh aquaculture market size reached 2.8 million tons in 2024 and is expected to reach 4.0 million tons by 2033, exhibiting a growth rate (CAGR) of 3.7 per cent during 2025-2033. This aquaculture market expands at a fast rate because the nation features beneficial natural resources and consumers need protein-rich food items.
Aquaculture Market Trends
Due to its abundant rivers and ponds together with coastal environments, Bangladesh serves as a favourable ground for aquaculture which particu...

Zelensky a ‘Dictator’: Trump

International Desk:

Ukrainian President Volodymyr Zelensky is a dictator, said U.S. President Donald Trump, according to a BBC report.

In a post on his social media platform, Truth Social, Trump wrote that if Zelensky does not take immediate action, Ukraine will not survive.

Labeling Zelensky a dictator, Trump stated, "I love Ukraine, but Zelensky has done terrible things. His country has been destroyed. Millions of people have died unnecessarily."

He further mentioned that the United States is actively engaged in negotiations to end the war with Russia.

Z...

Ramadan preparations hit by soaring food prices

The prices of essential commodities in Bangladesh continue to fluctuate despite large-scale imports raising serious concerns among consumers. Many people have noticed a stark contrast between the government's assurances and the actual market situation, as they struggle to afford necessities.

Retailers and wholesalers blame each other for the rising prices, while consumers suspect that a powerful syndicate is manipulating the market due to weak oversight by the authorities. S...

Political reforms on track for elections: Dr Ali Riaz

Professor Dr Ali Riaz, Vice-Chairman of the National Consensus Commission, has expressed optimism about holding national elections in December this year, given the commitment of political parties to the reform process. "I am optimistic that significant reforms can be achieved. It is not impossible, and my confidence stems from the commitment shown by political parties," Riaz stated in an exclusive interview with BSS in Dhaka. Riaz, who also chaired the Constitution Reforms Commission under the interim government,...
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