Potato prices soar on depleting stocks

In line with the spiralling cost of other daily essentials, the retail price of potato rose sharply by 39 per cent.
9 November 2021, 18:00 PM

Stocks recover after two-day fall

Stocks rebounded yesterday as many investors kept putting their money into shares that lost much of their value after a two-day consistent plunge.
9 November 2021, 18:00 PM

Lending dismal under second stimulus package

Banks in Bangladesh are less keen on giving out loans under the second round of stimulus packages as many clients are in trouble to pay off their current debts, a development that may hurt the economic recovery.
9 November 2021, 18:00 PM

Daraz set for ‘Eleven Eleven’ campaign

Online marketplace Daraz Bangladesh has taken huge preparations for the biggest one-day sale campaign “Eleven Eleven” to keep its promise to present with the best customer and seller support.
9 November 2021, 14:25 PM

Construction industry's assoc demands price adjustment of govt projects

The Bangladesh Association of Construction Industry (BACI) has urged the authorities concerned to adjust the prices of ongoing government funded projects through a special circular to help them recover from the losses caused by the high prices of raw materials.
9 November 2021, 12:43 PM

Stocks bounce back

Bangladesh's stock market bounced back today after a two-day fall.
9 November 2021, 09:57 AM

Special cell on e-commerce to submit recommendations tomorrow

The Digital Commerce Cell (DCC) plans to propose issuing unique business identification number and introducing a central complaints management system and a central logistic tracking platform to streamline the e-commerce sector, DCC Chief AHM Shafiquzzaman said today.
9 November 2021, 08:48 AM

IMF Mission due on Dec 5: Banking sector reform, subsidy to top agenda

The International Monetary Fund will inquire about Bangladesh’s progress in reforming the local banking and subsidy sectors as well as ongoing vaccination drive as it is set to hold its first dialogue with the government since the coronavirus outbreak.
8 November 2021, 18:00 PM

Southeast Bank fined Tk 10 lakh for flouting stock rules

The Bangladesh Bank has imposed a fine of Tk 10 lakh on Southeast Bank for breaching rules by making an excessive amount of investment in a single company in the stock market.
8 November 2021, 18:00 PM

Stocks continue to bleed

Bangladesh’s stock market continued to bleed yesterday as the benchmark index fell to a three-month low while investors wait in the sidelines in fear of further decline.
8 November 2021, 18:00 PM

Govt to brand shatranji, black tiger shrimp in Europe

The government plans to start branding shatranji and locally grown black tiger shrimp (or Bagda chingri in Bangla) as GI products to amplify their popularity in Europe, the biggest market for Bangladesh’s exportable products.
8 November 2021, 18:00 PM

Panel formed to review commodity pricing formula

The commerce ministry yesterday formed a six-member committee to review the existing formula, which the government has been following since 2011 to fix the prices of basic commodities.
8 November 2021, 18:00 PM

S Korean firm to invest $31.17m in Adamjee EPZ

Kido Dhaka Company Ltd, a Dhaka-based South Korean company, is going to establish a high-end garments and sportswear manufacturing industry at Adamjee Export Processing Zone with an investment of $31.17 million.
8 November 2021, 18:00 PM

Construction cost goes up 20pc

The construction cost in Bangladesh has gone up by 20 per cent in the past year because of the surge in the price of raw materials, which could affect the implementation of development projects, said industry people. 
8 November 2021, 18:00 PM

Strike of goods transporters taking toll on trade

Though the strike involving public transport was withdrawn on Sunday evening, the owners and workers of vehicles engaged in transporting goods continued to enforce their countrywide protest as of yesterday evening, taking a toll on export, import and trade.
8 November 2021, 18:00 PM

4 Evaly warehouses sealed off in Savar

The newly formed five-member Evaly board today sealed off four of it warehouses in Savar.
8 November 2021, 14:32 PM

Commerce ministry forms panel to review commodity pricing formula

The commerce ministry today formed a six-member committee to review the existing formula, which the government has been following since 2011 to fix the prices of basic commodities.
8 November 2021, 12:30 PM

Aziz Pipes shuts factory for financial crisis

Aziz Pipes, a listed PVC product producer, closed its factory due to the lack of working capital, financial crisis and liable loan, raw material crisis and lack of reserve.
8 November 2021, 11:29 AM

S Korean Kido Group to invest $31.17m in Adamjee EPZ

South Korean company Kido Dhaka Co Ltd is going to establish a high-end garments and sportswear manufacturing industry in Adamjee Export Processing Zone with an investment of $31.17 million.
8 November 2021, 11:29 AM

Stocks bleeding

The stock market continued to bleed today as the benchmark index of the Dhaka Stock Exchange (DSE) slid to a three-month low.
8 November 2021, 10:30 AM