Dhaka bourse’s index crosses 7,000 points after eight working days

The Dhaka bourse's index rose to over 7,000 points today after a break of eight working days.
11 November 2021, 07:14 AM

Japan's SoftBank to buy 20% stakes of bKash

Japanese multinational conglomerate SoftBank Group Corporation is going to buy 20 per cent stakes of bKash, one the largest mobile financial service providers in Bangladesh.
11 November 2021, 05:09 AM

Chinese firms to turn it into four lanes

The cabinet committee on purchase yesterday awarded two Chinese joint venture companies a public private partnership project on upgrading the Rampura-Amulia-Demra highway into four lanes for Tk 2,094 crore.
10 November 2021, 18:00 PM

DBL Pharmaceuticals starts journey

DBL Group has made a foray into the pharmaceutical industry after enjoying success in its export-based garments and ceramic tiles businesses.
10 November 2021, 18:00 PM

Stock recovery picks up as investors return

The domestic stock market continued its recovery yesterday as major indices maintained an upward trend for the past two trading sessions thanks to increased investor participation, according to experts.
10 November 2021, 18:00 PM

Incepta fifth to produce molnupiravir

A fifth drugmaker -- Incepta Pharmaceuticals Ltd -- received authorisation yesterday for the emergency production and marketing of molnupiravir, said a senior official of the Directorate General of Drug Administration (DGDA).
10 November 2021, 18:00 PM

Country’s first hydrogen fuel plant nears completion

Bangladesh’s first hydrogen fuel production plant, a project initiated by the Bangladesh Council of Scientific and Industrial Research (BCSIR), is all set to begin operations by June next year.
10 November 2021, 18:00 PM

Aziz Pipes’ production closure raises questions

Closure, resumption, and closure. This is what described Aziz Pipes in the last 10 months in a nutshell.
10 November 2021, 18:00 PM

Business confidence jumps as pandemic wanes: study

Businesses in Bangladesh made a stride in terms of recovery from the fallout of the coronavirus pandemic in the third quarter of 2021, helped by buoyancy in exports and resumption of economic activities, said a new survey.
10 November 2021, 18:00 PM

Ahsanullah University asked to give explanation for question leak

The Bangladesh Bank today sought explanation from Ahsanullah University of Science and Technology (AUST) due to its alleged involvement in leaking question papers of preliminary tests of five state-owned banks.
10 November 2021, 15:07 PM

World Congress on Information Technology 2021 begins tomorrow

The World Congress on Information Technology (WCIT) 2021 begins tomorrow at Bangabandhu International Conference Centre in the capital.
10 November 2021, 13:21 PM

Stocks rise for second consecutive day

The stock market rose in the first two hours of trading today and ended the day on an increasing trend as buoyant investors went for buying stocks.
10 November 2021, 10:30 AM

CPD urges govt to withdraw hike in diesel, kerosene prices

The Centre for Policy Dialogue today recommended that the government should reinstate the earlier prices of diesel and kerosene immediately to help the country recover from the pandemic induced economic downfall.
10 November 2021, 07:37 AM

Alif Industries to raise Tk 300 crore through convertible bonds

Alif Industries, a listed textile company, has decided to raise a fund of Tk 300 crore by issuing convertible bonds in order to purchase land, machinery and retrofitting existing factory.
10 November 2021, 06:30 AM

Stocks rise in first two hours of trading

The stock market rose in the first two hours of trading today as buoyant investors went for buying stocks.
10 November 2021, 06:07 AM

Asian stocks extend global gains

Asian shares followed Wall Street higher in early trade on Tuesday as the passage of a US infrastructure bill boosted sentiment while oil prices gained on the outlook for energy demand in an expansive global economy.
9 November 2021, 18:00 PM

Dealing with soaring energy costs

Of late, energy prices have gone through the roof. Prices of natural gas and coal in recent weeks have risen to a level that is the highest in decades. Consequently, electricity prices in some parts of the world, especially in Europe, North America, and some parts of Asia have skyrocketed.
9 November 2021, 18:00 PM

Revise procurement prices of construction raw materials

Contractors of infrastructure projects yesterday demanded the government increase the procurement prices of construction materials as the current market prices of key ingredients are higher than the government rates.
9 November 2021, 18:00 PM

E-commerce scams: Refund to take longer

Customers’ wait for refunds of advance payments, which eventually got stuck at payment gateways for deliveries not being made by e-commerce firms, is likely to be prolonged as the government wants to examine legal issues first.
9 November 2021, 18:00 PM

Fitch forecasts 7pc GDP growth

Global credit ratings agency Fitch said Bangladesh’s economy would grow 7 per cent in the current fiscal year, powered by declining coronavirus infections and easing of supply chain disruptions.
9 November 2021, 18:00 PM