Ice cream makers pass tough times despite higher sales

Local ice cream producers are going through tough times in spite of logging higher sales in 2021 as they are having to bear higher prices of raw materials amidst the coronavirus pandemic.
10 February 2022, 18:00 PM

Stocks end flat

Shares on the Dhaka Stock Exchange (DSE) were almost flat yesterday while turnover rose slightly amid the intensification of the coronavirus pandemic.
10 February 2022, 18:00 PM

Extend bonded warehouse benefit to non-garment firms: BUILD

Non-garment exporters should be allowed to import raw materials duty-free under the bonded warehouse privilege as it would help diversify the country’s export basket, the Business Initiative Leading Development (BUILD) said yesterday.
10 February 2022, 18:00 PM

Kamal defends spike in GDP growth

Finance Minister AHM Mustafa Kamal yesterday defended the unexpected spike in gross domestic product (GDP) growth in the fiscal year of 2020-21, giving credits to expansionary monetary policies and progress in all economic indicators.
10 February 2022, 18:00 PM

Railways asks ERD to search for funds

The railways ministry has asked the Economic Relations Division (ERD) to search for funds for a project to convert the Akhaura-Sylhet rail track into dual gauge from metre gauge.
10 February 2022, 18:00 PM

Range Rover of Evaly’s Rassel sold in auction at Tk 1.81 crore

The Range Rover, a luxurious vehicle used by Evaly's former Chief Executive Mohammad Rassel, was sold at Tk 1.81 crore at an auction in the capital’s Dhanmondi today.
10 February 2022, 16:16 PM

Dhaka stocks remain flat

Stocks in Dhaka remained almost flat today while turnover rose slightly amid the intensification of the coronavirus infections.
10 February 2022, 10:42 AM

EU to make $21m climate-smart investment in Bangladesh, South Asia

The European Union (EU) has allocated a fund of $21.5 million to help accelerate climate-smart and inclusive infrastructure investments in Bangladesh and five other South Asian countries.
10 February 2022, 09:56 AM

FICCI for adopting MFS, agent banking as payment mode

The foreign investors’ chamber yesterday urged the revenue authority to formalise the adoption of mobile financial service (MFS) and agent banking as a mode of collection or payment in all tax laws.
9 February 2022, 18:00 PM

MCCI demands further cut in corporate tax

The Metropolitan Chamber of Commerce and Industry (MCCI) yesterday demanded the government reduce corporate tax in the national budget this year as well in order to bring the rate to a rational level.
9 February 2022, 18:00 PM

bKash fetches freelancer’s remittance in seconds

bKash has given the country’s burgeoning freelancer community reason to cheer as they can now receive payments through the mobile financial service (MFS) provider within a few seconds
9 February 2022, 18:00 PM

Troubled NBFIs render Tk 1,000cr bank loans sour

Twenty-five banks are suffering from a collective default loan of Tk 974.4 crore after several non-bank financial institutions (NBFIs) failed to pay back funds despite maturity, in another sign of feeble state in the financial industry.
9 February 2022, 18:00 PM

Humaira one of top 10 influential women in Cambridge IFA’s report

Humaira Azam, managing director of Trust Bank, has been recognised as one of the top 10 influential women in Islamic business and finance in the world by UK-based financial intelligence house Cambridge IFA in its WOMANi Report 2021.
9 February 2022, 18:00 PM

Bangladeshi entities win 21 SAFA awards

Different Bangladeshi companies and entities collectively won 21 awards at the SAFA Best Published Annual Reports Award Competition 2020.
9 February 2022, 18:00 PM

Tea sales picking up, inching towards pre-pandemic level

Tea sales in Bangladesh are inching towards the pre-pandemic level as people shake off Covid-19 jitters to take a sip at their beloved drink outside of their homes where most consumption takes place.
9 February 2022, 18:00 PM

Turnover drops despite stocks rising

Turnover at the Dhaka Stock Exchange (DSE) fell by about 20 per cent yesterday as investors adopted a wait-and-see approach even though major indices continued to move upward.
9 February 2022, 18:00 PM

Centuries-old fish fair draws thousands

A fish fair believed to be centuries old was held in a festive mood in Bogura yesterday in spite of a ban imposed by the district administration for the pandemic.
9 February 2022, 18:00 PM

Stocks up despite fall in investor participation

The Dhaka Stock Exchange experienced a fall in investor participation today as they adopted a wait-and-see policy, but its index, however, managed to end the day in the black.
9 February 2022, 10:40 AM

ACI Motors celebrates Yamaha Rose Day-2022

ACI Motors, the sole distributor and technical collaborated partner of Yamaha motorcycles in Bangladesh, celebrated Yamaha Rose Day-2022 in the country on Monday.
9 February 2022, 10:11 AM

Forget govt support

The National Board of Revenue (NBR) has suggested local entrepreneurs focus on capacity building to become more competitive rather than seeking government support over the coming years.
8 February 2022, 18:00 PM