Dull stocks dampen consumer confidence
A nonchalant stockmarket has put a damper on consumer confidence in Bangladesh, though the consumers still remain very optimistic about the future, MasterCard said in a survey yesterday.
29 July 2015, 18:00 PM
Strong CAG office a must to fight financial irregularities
The Office of the Comptroller and Auditor General (OCAG) can help the government better fight financial irregularities involving taxpayer money if it is equipped with adequate workforce and administrative assistance.
27 July 2015, 18:00 PM
From rugs to riches
Bangladesh was never seen in rugs business in foreign markets until Karupannya set foot in Europe to make a story of success.
The man behind Karupannya, Shafiqul Alam Selim began his journey in 1991 in Rangpur with just 15 craftsmen and now he has 5,000 workers and employees producing carpets, the majority of which are exported to the European Union, the US and Asia.
25 July 2015, 18:00 PM
Mobile banking to get a further boost
Mobile banking will get a further boost as the central bank proposes to channel all financial payments through mobile phones under
14 July 2015, 18:00 PM
No jam, so easy
Eid shopping in the capital has become a troublesome affair, as thousands of people swarm malls and markets to buy items for themselves and their dear ones on the big occasion.
8 July 2015, 18:00 PM
Questions over Rampal coal-fired power plant in Bangladesh
An international organisation has raised serious questions about the much-debated Rampal coal-fired power plant, saying it does not maintain the minimum social and environmental standards.
"The project poses significant adverse social and environmental risks and impacts that are diverse and irreversible," said Bank Track, a Netherlands-based coalition of organisations "targeting the operations and investments of private sector banks and their effect on people and the planet".
6 July 2015, 18:00 PM
Plastic money keeps growing
The use of plastic money rose 5.5 percent in the third quarter of fiscal 2014-15 from the previous quarter as local consumers continue
30 June 2015, 18:00 PM
Foreign investment proposals in slow lane
Foreign investors and their joint ventures with local companies have proposed to invest $1 billion in Bangladesh in the first 11 months of the outgoing fiscal year.
28 June 2015, 18:00 PM
The Modi effect
Bangladesh has long been trying to woo major Indian companies to make investment in the country, but the efforts have been met
6 June 2015, 18:00 PM
Some relief for income taxpayers
The proposed budget relieves income taxpayers a little with restructured thresholds for different income slabs.
4 June 2015, 18:00 PM
Hard to achieve
The government is likely to face mounting challenges in implementing its new budget as economists, while welcoming some new initiatives, were unconvinced about the country's capacity to execute the finance minister's ambitious plans.
4 June 2015, 18:00 PM
Govt may increase aid utilisation target by 40pc
The government is looking to bump up its foreign aid utilisation by about 40 percent in fiscal 2015-16 over the current year as it looks
4 June 2015, 18:00 PM
Summit attracts foreign investment
SUMMIT Group has attained the ability to finance billion-dollar projects thanks to its goodwill in implementing successful ventures, wooing global investors to team up with the company to tap opportunities in Bangladesh, said a top official.
1 June 2015, 18:00 PM
Improved connectivity to boost exports 86pc: ADB
Bangladesh's real income gains will be 6.9 percent of GDP and its export will grow by 86 percent by 2030 if connectivity between South Asia and Southeast Asia improves, according to a new study.
26 May 2015, 18:00 PM
Smartphone sales grow on low-cost handsets
The smartphone market in Bangladesh grew 17 percent year-on-year in the first quarter of the year as local vendors continue to churn
24 May 2015, 18:00 PM
NCC Bank aspires to be at the top
Customer satisfaction, financial inclusion and management excellence will be at the heart of NCC Bank's efforts as it aspires to become one of the most beloved commercial banks in four years, its chief executive officer said.
18 May 2015, 18:00 PM
Bangladesh close to mid-income status
Bangladesh is on the cusp of becoming a middle-income country as its per capita income rose to $1,314 this fiscal year, meeting the World Bank's criteria.
14 May 2015, 18:00 PM
Use remittance to promote growth: ADB
Improving financial education of remittance recipients, expanding digital finance and promoting remittance-linked capital market
30 April 2015, 18:00 PM
Plummy Fashions: a beacon among green factories
Bangladesh, which is often associated with hazardous working conditions and disasters in garment factories, will reach a milestone
25 April 2015, 18:00 PM
A missing arm doesn't stop Saddam
Saddam Hossain Laskar is striving to lead a life of dignity. He does not want to be dependent on others, even if fate has it that he lost
24 April 2015, 18:00 PM