Stocks rise for second day

The stock market index continued to rise for a second consecutive day today on the eve of a meeting between the Bangladesh Securities and Exchange Commission (BSEC) and stakeholders on the market’s current condition.
29 March 2022, 13:47 PM

Door now open for new investment in Bangladesh, Malaysia: experts

Bangladeshi and Malaysian businesses can now take trade benefits of the two countries as both of them have opened doors for investment now, experts said today.
29 March 2022, 13:38 PM

National safety committee so far inspected 5,200 factories: Salman F Rahman

The country’s national safety committee has so far inspected 5,200 factories to ensure occupation safety, said Salman F Rahman, the prime minister’s adviser on private industry and investment.
29 March 2022, 13:02 PM

SBAC Bank DMD promoted

South Bangla Agriculture and Commerce Bank (SBAC) recently witnessed the promotion of its deputy managing director to the post of senior executive vice-president.
28 March 2022, 18:00 PM

Stocks bounce back

The Dhaka stock index rose yesterday on falling the day before while turnover crossed the Tk 900 crore mark after four days thanks to the regulator announcing plans to sit with stakeholders to give a boost to the market.
28 March 2022, 18:00 PM

Be competitive, stop relying on duty-free regime

Bangladesh should abandon the mentality of having a duty-free regime, cheap loans or foreign aid and focus instead on making products competitive by improving management efficiency, logistics and business environment as the country approaches graduation from the grouping of the least-developed countries (LDCs) in 2026.
28 March 2022, 18:00 PM

Plastic recycling takes hold in northern districts

Bangladesh’s northern region has turned into a plastic recycling hub as many people in eight districts are now engaged in turning hazardous waste such as discarded PET bottles and disposable syringes back into resources for these products.
28 March 2022, 18:00 PM

Cash support can help poor in lean season Say experts

Cash transfer or temporary loans can be helpful for extremely insolvent families during the pre-harvest lean season, characterised by seasonal poverty and famine known as “monga”, speakers told a discussion.
28 March 2022, 18:00 PM

Improve ease of doing business for more trade

The UK wants Bangladesh to improve the ease of doing business and governance as it looks to have a stronger trade and investment partnership with the country, a British lawmaker said yesterday.
28 March 2022, 18:00 PM

BSCIC looks to utilise 500 vacant plots

The Bangladesh Small and Cottage Industries Corporation (BSCIC) is scheduled to publish newspaper advertisements today, seeking applications from entrepreneurs to allot 500 plots lying vacant for years in its industrial estates.
28 March 2022, 18:00 PM

Textile millers expect bumper sales this Eid

Local textile millers are expecting bumper sales in the upcoming Eid-ul-Fitr, the biggest shopping season in Bangladesh, since people are apparently set to celebrate the festival joyously as Covid-19 has petered out.
28 March 2022, 18:00 PM

EBL, Visa team up to help banks cut card operations cost

Visa Worldwide Pte Ltd has partnered with Eastern Bank Ltd to roll out a solution to offer trustee services to its member banks, the first of its kind in Bangladesh.
28 March 2022, 18:00 PM

Inflation rate to be tolerable at current fiscal's end: Finance minister

Finance Minister AHM Mustafa Kamal today told parliament that the country's inflation rate will come down to a tolerable level after the end of the current Fiscal Year 2021-2022.
28 March 2022, 16:57 PM

Bida assumes directorship at World Association of Investment Promotion Agencies

The Bangladesh Investment Development Authority (Bida), the apex investment promotion agency of Bangladesh, has assumed the South Asia regional directorship at the World Association of Investment Promotion Agencies (WAIPA).
28 March 2022, 14:26 PM

‘Bangladesh’s macroeconomic stability not at risk over Russia-Ukraine crisis’

Finance Minister AHM Mustafa Kamal today told parliament that the Russia-Ukraine crisis will not put the country's macroeconomic stability at great risk at the moment, even if it affects the country’s economy.
28 March 2022, 13:36 PM

Ensure conducive business environment in Bangladesh: British MP Rushanara Ali

British Parliament Member Rushanara Ali today urged the Bangladesh government to ensure further advancement of a conducive business environment for the investors.
28 March 2022, 13:26 PM

Bitopi Group to invest $9.58 million for RMG plant at Dhaka EPZ

Sonar Manufacturing Limited, a sister concern of Bitopi Group, is going to establish a readymade garment industry in Dhaka Export Processing Zone (DEPZ) with an investment of $9.58 million.
28 March 2022, 12:59 PM

Bill placed in parliament to punish top bank officials over digital cheque fraud

The Payment and Settlement Systems Bill, 2022 was placed in Parliament today with a provision for punishing top bank officials for committing bank fraud through digital cheques.
28 March 2022, 12:57 PM

Summit Group pledges $1 million to icddr,b

Summit Group Chairman Muhammed Aziz Khan has pledged to donate $1 million to the endowment fund of icddr,b Hospital.
28 March 2022, 11:50 AM

Stocks return to black

The index of the Dhaka Stock Exchange (DSE) rose today after a fall on Sunday while the turnover of the bourse crossed Tk 900 crore after four days.
28 March 2022, 11:30 AM