Mobile, internet users grow in 2021

The number of mobile subscribers in December rose about 6 per cent year-on-year to 18.10 crore, data from Bangladesh Telecommunication Regulatory Commission showed yesterday.
8 February 2022, 18:00 PM

Four-day handloom festival begins today

A four-day fair on handloom products titled “Heritage Handloom Festival 2022” kicks off today at the Gulshan shooting club in the capital, open for all from 10:00am to 8:00pm.
8 February 2022, 18:00 PM

Bangladesh’s economic transformation and FDI

Over the last two decades, Bangladesh has achieved significant economic progress, epitomised by the fact that the country’s GDP, according to the World Bank, grew more than six-fold in real terms from $53.37 billion in 2000 to $324.24 billion in 2020.
8 February 2022, 18:00 PM

Cage fish farming gaining popularity

Kabir Chowdhury, who hails from Dotto Pungoli village in Pabna’s Faridpur upazila, became unemployed about 10 years ago after suffering huge losses in his cattle feed business.
8 February 2022, 18:00 PM

BSEC orders selling Tamha Securities assets

The Bangladesh Securities and Exchange Commission (BSEC) has ordered the managing director and directors of Tamha Securities to sell its assets and deposit the proceeds at Dhaka Stock Exchange (DSE) by May 31.
8 February 2022, 18:00 PM

BPC counts Tk12cr loss daily for higher diesel price

The government is counting a loss of Tk 12.40 crore per day in selling diesel to customers as the price of the most-consumed fuel in Bangladesh is on the rise in the global markets.
8 February 2022, 18:00 PM

Spike in GDP growth: hard to fathom

There was no doubt that the growth in gross domestic product (GDP) in FY21 was better than the growth in FY20 even though the pandemic was present with all its ferocity in both years.
8 February 2022, 18:00 PM

Economy posts blistering growth in FY21

Despite the second wave of the coronavirus pandemic, Bangladesh’s economy pulled off a stunning 6.94 per cent growth in the last fiscal year, way higher than the initial estimate.
8 February 2022, 18:00 PM

Brac Bank, MBL Asset Management sign custodial service deal

Brac Bank has signed a custodial service agreement with MBL Asset Management on Sunday to provide support for the operation of ‘Mercantile Bank Unit Fund’, a new open-ended mutual fund.
8 February 2022, 18:00 PM

NBR to complete bond automation by 2023

The government’s bonded warehouse facility for businesses will be completely automated by 2023 so that no one can gain illegal benefit from the system, said Abu Hena Md Rahmatul Muneem, chairman of the National Board of Revenue (NBR), yesterday.
8 February 2022, 18:00 PM

Taufika Foods and Lovello Ice Cream now an A category company

The stock market regulator has upgraded Taufika Foods and Lovello Ice Cream to an A category company as the company has completed giving over 10 per cent dividend.
8 February 2022, 13:06 PM

BSEC approves preference shares of Premier Cement

Bangladesh Securities and Exchange Commission (BSEC) has approved preference shares of Premier Cement Mills.
8 February 2022, 13:02 PM

Bangladesh posts 6.94% GDP growth in FY21

Bangladesh’s gross domestic product (GDP) grew 6.94 per cent in the fiscal year 2021.
8 February 2022, 11:31 AM

Dhaka stocks bounce back

The share prices in Dhaka Stock Exchange bounced back today just after experiencing fall for a day.
8 February 2022, 09:41 AM

Nihad Kabir joins BUILD as chairperson

Nihad Kabir, a senior advocate and a former president of the Metropolitan Chamber of Commerce and Industry (MCCI), has taken over as the chairperson of the trustee board of the Business Initiative Leading Development (BUILD) for 2022-23.
7 February 2022, 18:00 PM

AIBL gets remittance award

Al-Arafah Islami Bank Ltd has recently won a remittance award from the Centre for NRB, a non-profit organisation for non-resident Bangladeshis, as one of the top 10 banks through which the highest amount of remittance passed in 2021.
7 February 2022, 18:00 PM

NCC Bank wins remittance award

NCC Bank has recently won a “Remittance Award-2022” from the Centre for NRB, a non-profit organisation for non-resident Bangladeshis, for its remittance services.
7 February 2022, 18:00 PM

Lessons learned to reshape the future

I took over as head of treasury and a country senior team member in the then ANZ Grindlays Bank in early 1988 and since then worked as a senior executive in three global banks at home and abroad.
7 February 2022, 18:00 PM

Tulip gardens in Panchagarh can boost regional economy, tourism

A remote village in Panchagarh’s Tentulia upazila is now abuzz with visitors from various parts of Bangladesh after eight farmers harvested high-value tulip flowers under a pilot scheme.  
7 February 2022, 18:00 PM

Team Group targets $1b export by 2026 Ships garments, medicines

Team Group, a leading garment exporter, has targeted to export goods worth $1 billion by 2026, when Bangladesh is scheduled to officially make the United Nations status graduation from a least developed to a developing country.
7 February 2022, 18:00 PM