Tk 90cr BSCIC expansion fails to attract industries
In the Narsingdi BSCIC industrial city, an expansion project costing nearly Tk 90 crore was undertaken due to unfavourable conditions in the original BSCIC industrial area.
More than 150 plots were created; however, poor management has hindered industrial development. Business owners attribute the lack of progress to corruption and favouritism under the previous government.
The Bangladesh Small and Cottage Industries Corporation (BSCIC) industrial city was initially established in 1986 on a 15.39-acre plot in Shibpur, Narsingdi. Despite nearly four decades passing, the area remained underdeveloped, prompting the decision to expand the project.
Trump halts military aid to Ukraine
President Donald Trump has ordered a suspension of all military aid to Ukraine, escalating tensions with President Volodymyr Zelenskiy following a heated confrontation in the Oval Office. The move has cast uncertainty over Ukraine’s most crucial ally.
According to a senior official from the US Department of Defense, who spoke anonymously, all pending military assistance will remain on hold until Trump is sa...
Voter now 123.7m ahead of Nat’l Voter Day
The total number of voters in Bangladesh has reached 123.7 million, Chief Election Commissioner (CEC) AMM Nasir Uddin announced on Sunday.
Traditionally, the ...
The CEC revealed the updated figure, which now stands at 123,732,274, during the inauguration of a vibrant rally in front of Nirbachan Bhaban in the capital, held to mark National Voter Day 2025.
India’s Pristyn Care pulls out of Bangladesh after July upsurge
Indian healthcare startup Pristyn Care has ceased its operations in Bangladesh less than a year after expanding into the neighbouring country. The company, backed by investors such as Peak XV Partners, Tiger Global Management, and QED Labs, had initially planned an investment of Rs 100 crore to establish a strong presence in the Bangladeshi healthcare market. However, strategic and political challenges rendered the venture unfeasible.
Economic security is national security
Donald Trump’s first foreign direct investment (FDI) policy since returning to office promises to ease investment hurdles for companies from allied nations, while further tightening the screws on Chinese investment and seeking to expand national security screening to cover greenfield projects: “economic security is national security”, the document reads, with specific reference to China.
UN Secy Gen Guterres to visit Bangladesh March 13-16
United Nations (UN) Secretary-General António Guterres will undertake an official visit to Bangladesh from 13-16 March, his office confirmed.The invitation was handed over by Dr. Khalilur Rahman, High Representative of the Chief Adviser on the Rohingya Iss...
The visit follows an invitation from Chief Adviser of Bangladesh, Dr. Muhammad Yunus, according to a press release, issued by the Bangladesh Permanent Mission in UN, received here this morning.
