Turnover surges past Tk 1,100cr

Turnover on the Dhaka Stock Exchange (DSE) went past Tk 1,100 crore for the first time in nearly one and a half months yesterday as the regulator moved to revive the market.
31 March 2022, 18:00 PM

Barishal farmers bet on watermelon

Farmers in Barishal division have bet on watermelon cultivation to help overcome the economic challenges brought on by Covid-19, such as losses incurred in growing other crops, as they are getting good prices this season.
31 March 2022, 18:00 PM

Knowing your boss

When talking about business, a boss advises to focus on KYC (Know Your Customer) and when talking about career, I suggest to focus on KYB (Know Your Boss).
31 March 2022, 18:00 PM

ADB to give $143m to accelerate growth

The Asian Development Bank (ADB) has approved a $143 million loan package to support the government of Bangladesh’s efforts to accelerate growth by improving efficiency, predictability, and security of cross-border trade.
31 March 2022, 18:00 PM

BATBC to invest another Tk 574cr in Savar plant

The British American Tobacco Bangladesh Company (BATBC) yesterday decided to invest another Tk 574 crore in its Savar operations to cater to upcoming export opportunities and create contingency capacity.
31 March 2022, 18:00 PM

Most Japanese firms eye profit this year

Around 65 per cent Japanese companies operating in Bangladesh think that they would be able to make a profit in 2022 as the coronavirus pandemic situation has improved, according to a survey of the Japan External Trade Organisation (Jetro).
31 March 2022, 18:00 PM

Mobile operators buy Tk 10,645cr spectrum

The country’s four mobile phone operators bought 190 megahertz (MHz) of spectrum for $1.23 billion or Tk 10,645 crore yesterday, a development that could alleviate customers’ woes centring agonisingly low internet speeds and subpar voice services.
31 March 2022, 18:00 PM

National strategy for unemployment insurance made zero progress: study

The four initiatives taken to introduce insurance for the unemployed workers have made very little progress and have missed almost all the targets, a study finds.Star
31 March 2022, 15:48 PM

ADB to give $143m loan to help Bangladesh accelerate growth

The Asian Development Bank (ADB) has approved a $143 million loan package to support the government of Bangladesh's efforts to accelerate growth by improving efficiency, predictability, and security of cross-border trade.
31 March 2022, 14:18 PM

DSE turnover crosses Tk 1,000 crore after 10 trading days

The turnover at the Dhaka Stock Exchange (DSE) crossed Tk 1,000 crore today after a break of ten trading days amid a mix trend of investment in the premier bourse.
31 March 2022, 09:58 AM

Singer to invest Tk 680 crore for new manufacturing facility, shares up

Singer Bangladesh Ltd, a home appliance manufacturer and marketer, today said it is going to invest Tk 680 crore to establish a manufacturing facility in order to increase capacity to cater growing domestic market for home appliances.
31 March 2022, 08:12 AM

Demanding arrears, garment workers block Dhaka-Narayanganj link road

Hundreds of workers of Rupashi Garments blocked Dhaka-Narayanganj link road, demanding their due salaries.
31 March 2022, 07:45 AM

Dhaka stocks fall in early trade

Dhaka stocks declined in the opening trade today amid low participation of investors.
31 March 2022, 06:39 AM

Garment makers lead the way

There is a growing interest among textile and garment entrepreneurs to install solar panels on their factory’s rooftop in order to meet a portion of their demand for electricity while also reducing carbon emissions.
30 March 2022, 18:00 PM

Adjust inflation, exchange rates when calculating GDP

Ascertaining the real economic output per person in Bangladesh is not possible without adjusting the current inflation and international exchange rates when evaluating the country’s GDP per capita, according to economists.
30 March 2022, 18:00 PM

Islami Bank in 40th year of operations

Islami Bank Bangladesh has stepped into its 40th year of operations, with a deposit portfolio of Tk 1.40 trillion and investment portfolio of Tk 1.16 trillion.
30 March 2022, 18:00 PM

Digital governance must be watertight

Digital governance must be made watertight with strong guardrails to ensure all consumers are fully protected as people across Bangladesh embrace e-commerce, said a noted economist yesterday.
30 March 2022, 18:00 PM

Banking hours cut for Ramadan

Banks in Bangladesh will remain open from 9:30am to 4:00pm every working day during the month of Ramadan, which may begin on April 3 according to the Bangladesh Islamic Foundation.
30 March 2022, 18:00 PM

Garlic farmers fret over losses for 2nd year running

Garlic farmers in the country’s northern districts have been left dismayed as the price of the highly-popular cooking ingredient has fallen at wholesale and retail levels due to a supply glut amid the ongoing peak harvesting season.
30 March 2022, 18:00 PM

Govt okays LNG purchase at lower cost

The government yesterday approved a proposal to buy 33.60 lakh Metric Million British thermal units (Btus) of liquefied natural gas (LNG) for $35 per unit, which is cheaper than what it cost just a week ago thanks to a downward trend in global prices.
30 March 2022, 18:00 PM