City Bank’s profit rose by around 26 per cent in 2021, when the bank logged Tk 549 crore consolidated profit after tax.

Inflation is ubiquitous now, largely fuelled by the Russia-Ukraine war and the pent-up demand after easing of the Covid restrictions. The overheated economies along with the high import prices of commodities and gasoline have made the consumption basket dearer in almost all countries in the world.

Handloom weavers in Sirajganj are in anything but a festive mood ahead of Eid this year as rising raw material costs coupled with poor sales have brought many to the brink of collapse.

Farmers in the haor regions harvested nearly one-fifth of their Boro paddy as of yesterday, according to an estimate by the Department of Agricultural Extension (DAE).

Shrimp exporters have made a turnaround from seven years of decline as shipments surged in the first nine months of the current fiscal year on the back of increased prices powered by higher demand, according to industry insiders.

Bangladesh is likely to lose $5.28 billion worth of businesses annually in the European Union in the post-LDC era because of the erosion of preferential trade benefits following the country’s graduation from the group of the least-developed countries, according to a new study.

Food stocks at public storages declined over the past two months from the peak of nearly 20 lakh tonnes in mid-February this year amid increased distribution under various social protection programmes.

Bangladesh is yet to make any significant progress in its preparation to retain duty preference set to be withdrawn once it graduates from the group of the least-developed countries (LDCs).

Workers at a farm in Joynagar village under Birganj upazila of Dinajpur are seen packing cucumbers into sacks for shipping to nearby wholesale markets. Despite the vegetable’s popularity across Bangladesh,

Bangladesh will lose export of goods worth $5.28 billion in a year to its largest export destination, the European Union (EU), after its graduation from the least developed country (LDC) category because of erosion of preferential trade benefits, according to a study.

Boro rice fields in low lying areas of numerous districts in the country’s northwest have been damaged by a sudden rush of water in the region, raising worries of losses due to reduced yields.

Sales centring Pahela Baishakh have picked up as people from all walks of life, buoyed by the improvement in the coronavirus situation, are set to welcome the Bangla New Year in colour and festivity today.

Brac Bank has launched Quick Response (QR)-based transactions through its mobile app Astha to provide customers to carry out transactions conveniently.

Opportunities for Bangladeshi freelancers have widened in the Canadian outsourcing market since the start of the Russia-Ukraine war, according to a joint working group on strengthening commercial relations.

Bangladesh should improve the copyrights, supply chain efficiency, labour rights, transparency and business environment for attracting more foreign direct investment from the USA, said Peter D Haas, the newly appointed American ambassador to Bangladesh.

High corporate tax, minimum turnover tax and an “unfair” value added tax (VAT) rebate mechanism have been hurting the telecom industry’s profitability, said the operators yesterday.

The prime index of Dhaka Stock Exchange (DSE) ended the day in the black yesterday despite tumbling over 60 points in the initial hours of trading.

On my return from Australia recently, my friend Asif invited me to his office. He shuddered as he lowered his voice to a whisper to inform me,

Bangladesh is not at risk of the crisis that Sri Lanka is currently facing, but the country needs to be cautious and learn from the experiences of the island nation, said Hans Timmer, chief economist of the World Bank for South Asia.

The Bangladesh Bureau of Statistics (BBS) is set to digitally conduct its sixth population and housing census for the first time from June 15 to June 21.