NRBC Bank steps into 10th year of operations

NRB Commercial Bank has entered into its 10th year of operations.
4 April 2022, 18:00 PM

Trust Bank, Radisson Dhaka sign MoU

Trust Bank Ltd and Radisson Blu Dhaka Water Garden recently signed a memorandum of understanding (MoU) over having hotel dine facility for a one-year term.
4 April 2022, 18:00 PM

Buying houses attempt to launder Tk 6.9cr

Three Dhaka-based buying houses were found to have tried to launder Tk 6.9 crore through mis-declaration, according to the Chattogram Custom House.
4 April 2022, 18:00 PM

March exports hit record $4.76b

Export receipts hit $4.76 billion in March, the highest ever on record in a single month, posting 55 per cent growth year-on-year as buoyancy remained in shipments of major manufactured goods such as garments, home textiles and leather footwear despite the Russia-Ukraine war’s effect on global trade.
4 April 2022, 18:00 PM

Forex crisis spills over into call money market

The ongoing strain on Bangladesh’s foreign exchange regime has created cash shortages in the banking sector, sending the interbank call money rate to a 19-month high yesterday.
4 April 2022, 18:00 PM

Exports rise 33%

Export earnings surged 33.4 per cent year-on-year to $38.6 billion in July-March period of the fiscal year buoyed by manufactured commodities mainly garments, providing a much-needed support to the country’s foreign exchange reserves, which is under pressure amid ballooning import bills.
4 April 2022, 13:08 PM

Dhaka stocks fall amid panic sales

Shares on the Dhaka Stock Exchange (DSE) fell today after a two-day break as jitter investors went for panic sales.
4 April 2022, 11:33 AM

Garment factory workers block road in Ctg for due salaries

Workers of Regent Textile Limited today blocked the road in front of the factory in Boalkhali upazila of Chattogram – demanding their due salaries.
4 April 2022, 07:51 AM

Two new digital services launched

The planning ministry yesterday launched two services to digitalise the formulation of the Annual Development Programme, project preparation capabilities, and develop its overall office management system.
3 April 2022, 18:00 PM

Potato exports near last year’s total in 9 months

Outbound potato shipments are set to exceed last year’s total as local exporters are able to supply the vegetable at more competitive prices than Pakistan and China, various exporters said yesterday.
3 April 2022, 18:00 PM

US defence contractors see long-term benefits

US arms manufacturers are not cashing in directly from the thousands of missiles, drones and other weapons being sent to Ukraine, but they do stand to profit big-time over the long run by supplying countries eager to boost their defenses against Russia.
3 April 2022, 18:00 PM

Stocks turnover plunges 25pc

The main index of the Dhaka Stock Exchange (DSE) yesterday stretched its gaining streak to two sessions in a row despite a massive fall in market turnover thanks to renewed interest among investors.
3 April 2022, 18:00 PM

Sirajganj industrial park set for further delay

Having already faced several cost revisions and deadline extensions, an industrial park of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Sirajganj is on way to be delayed by yet another year.
3 April 2022, 18:00 PM

Focus on sustainability sparks innovation

The Hong Kong and Shanghai Banking Corporation (HSBC) has set a goal to provide between $750 billion and $1 trillion in financing and investment globally in the next decade to support its clients to lower carbon emissions and achieve sustainable growth.
3 April 2022, 18:00 PM

‘Can’t visit market every day to control prices’

Commerce Minister Tipu Munshi yesterday said the price of daily essentials drop whenever he visits a kitchen market but ultimately rise again once he leaves.
3 April 2022, 18:00 PM

New patents bill passed

The parliament yesterday enacted Bangladesh Patents Bill 2022, aiming to make a century-old patents law more time-befitting and safeguard intellectual property rights.
3 April 2022, 18:00 PM

Remittance hits 8-month high

Remittance to Bangladesh rose to an eight-month high in March as migrant workers sent home a higher amount to help their families meet an increased expenditure during Ramadan, official data showed yesterday.
3 April 2022, 18:00 PM

Sewing thread: a new avenue of growth in textile

Hundreds of sewing thread manufacturing units have sprung up in Bangladesh in recent years, allowing the country to nearly attain self-sufficiency in the major garment accessory.
3 April 2022, 18:00 PM

Bangladesh has attractive economic sector for investment: US envoy

Bangladesh has an attractive economic sector for investment, US Ambassador Peter Haas said today.
3 April 2022, 13:45 PM

Sri Lanka seeks Bangladeshi investment in tourism, agriculture

Sri Lankan High Commissioner to Bangladesh Sudharshan Seneviratne has sought investment from Bangladesh in tourism and agriculture sectors of the nation, which is now going through an economic turmoil.
3 April 2022, 13:11 PM