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Bangladesh made spectacular economic progress despite limited resources: ICCB

Bangladesh made spectacular economic progress despite limited resources: ICCB United News of Bangladesh (UNB) Bangladesh, July 12 Bangladesh has made spectacular economic progress over the last five decades despite limited resources, International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman said Sunday. The GDP growth rate has reached a record high. Per capita income has also risen steadily, he said. Rahman made the remarks while presenting the Executive Board Report of ICC Bangladesh for 2020 in its annual council held virtually in the city. He said the country has achieved near self-sufficiency in food production for its population of 170 million. The country now even shoulders the burden of the world s largest refugee population of over 1 million Rohingyas who have fled persecution in neighbouring Myanmar, Rahman said.

Keep business rules shorter, easier for investment: planning minister

Keep business rules shorter, easier for investment: planning minister MA Mannan. Star file photo Star Business Report Star Business Report Planning Minister MA Mannan has urged the Bangladesh Investment Development Authority (BIDA) and other authorities concerned with the government to cut down unnecessary rules which are not friendly for investment in the country. The minister was speaking as the chief guest at a webinar on Attracting Foreign Investment in Bangladesh and Branding Bangladesh jointly organised by BIDA and Better Bangladesh Foundation (BBF) on Saturday night. Mannan said there are various rules on the books of the government which are not friendly towards investment. You know (BIDA), I know (about the unnecessary rules). Since we know, let s push it out. clean it. Let s keep fewer rules…so that business can be done speedier, the minister said.

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