Nepal can be a source of clean energy: FBCCI

Nepal can be a good source of clean energy for Bangladesh, said Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
19 September 2023, 18:00 PM

Innovation key to avoiding middle-income trap

Bangladesh needs to invest in innovation, technology and productivity in order to avoid the middle-income trap, said economists yesterday.
19 September 2023, 18:00 PM

Mighty dollar squeezes int’l purchases thru credit cards

The foreign exchange crisis in Bangladesh has dealt a blow to credit card users as the sharp appreciation of the US dollar against the taka has narrowed their scope for foreign purchases through cards.
19 September 2023, 01:00 AM

Little-known Himadri’s stocks most expensive

Although Reckitt Benckiser (Bangladesh) PLC, with renowned household brands such as Mortein, Dettol and Harpic, is light years ahead of little-known cold storage Himadri Ltd in terms of business performance, their stocks prices belie the real scenario.
19 September 2023, 00:30 AM

Market for pet food, accessories growing

A rise in the number of people who welcome pets into their homes and trends such as a humanisation of pets and ethical pet ownership have led to a boom in demand for pet food and related accessories.
19 September 2023, 00:00 AM

Traders flee shops during DNCRP drive

The officials of the Directorate of National Consumers’ Right Protection (DNCRP) did not find any trader in many shops during their drive at Karwan Bazar yesterday afternoon.
18 September 2023, 18:00 PM

Two more RMG units get green certificates

Two more garment factories in Bangladesh have been awarded the “Leadership in Energy and Environmental Design (LEED)” by the US Green Building Council (USGBC) for their green initiatives in production.
18 September 2023, 18:00 PM

DBH Finance to issue bond of Tk 550cr

DBH Finance PLC has decided to issue a Tk 550 crore bond to facilitate affordable home finance.
18 September 2023, 18:00 PM

FBCCI worried over rising interest rate

The Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) has sought cooperation from the central bank so that the interest rate on loans does not increase by a large margin. 
18 September 2023, 18:00 PM

Ticfa meeting with US tomorrow

The seventh round of meetings under the Trade and Investment Cooperation Forum Agreement (Ticfa) will begin in Dhaka tomorrow, Senior Commerce Secretary Tapan Kanti Ghosh said yesterday. 
18 September 2023, 18:00 PM

StanChart completes Taka-Rupee transaction for Walton

This is the first BDT-INR export transaction for Bangladesh’s electronics industry
18 September 2023, 13:23 PM

FBCCI urges BB not to hike interest rate

The leaders of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) have sought the cooperation of the central bank so that the interest rate on loans does not increase by a large margin.
18 September 2023, 10:45 AM

Ahead in numbers, not in service, reach

The number of banks, insurance companies, brokerage firms, and merchant banks is much higher in Bangladesh than in many other countries at a similar level of development or having a similar size of population and economy.
18 September 2023, 00:00 AM

‘Negotiate with EU to ease GSP Plus conditions’

Bangladesh should negotiate with the European Union (EU) to soften some provisions in the proposed Generalised System of Preferences (GSP) Plus since the country has extra time to do so after the EU extended the tenure of the existing GSP status up to 2027, an economist said yesterday.
17 September 2023, 18:00 PM

Arbitration in favour of refunding LafargeHolcim

An arbitration verdict was passed in favour of LafargeHolcim Bangladesh Limited, enabling it to get refunds for excess charges imposed by state-run Jalalabad Gas Transmission and Distribution System Limited on natural gas consumption. 
17 September 2023, 18:00 PM

Krishi Market traders left clutching at straws

If you had visited the Krishi Market in the capital’s Mohammadpur during the first half of yesterday, you might have noticed two young men trying to sell half-burnt soaps, packets of detergent and several containers containing cleaning agents on a rickshaw-van.
17 September 2023, 03:00 AM

Pharma exports up 15% in Jul-Aug

Pharmaceutical exports from Bangladesh grew nearly 15 percent year-on-year in the first two months of the current fiscal year as drug-makers secured international tenders, according to industry people. 
17 September 2023, 02:30 AM

Growing debt servicing now puts pressure on forex reserves

The cost of debt servicing has risen significantly amid a higher flow of loans from development partners and an elevated level of interest payments, compounding pressure on the foreign currency reserve of Bangladesh, official figures showed.  
17 September 2023, 00:00 AM

Cricket bat-makers hope to cash in on World Cup fever

Cricket bat-makers in Pirojpur’s Nesarabad upazila have gotten to work ahead of schedule with next month’s Cricket World Cup just around the corner, and they are hopeful of good sales during the showpiece event in neighbouring India.
17 September 2023, 00:00 AM

Lifebuoy, Brac to launch school hygiene programme

Unilever Bangladesh Ltd (UBL) and Brac signed a memorandum of understanding at the former’s corporate office in Dhaka yesterday to launch a hand hygiene programme of UBL brand Lifebuoy for schoolchildren. 
16 September 2023, 18:00 PM