Remittance flow shrinks further

The flow of remittance to Bangladesh shrank further in October as money transfers through informal channels such as hundi might have returned with the ease of pandemic restrictions.
1 November 2021, 18:00 PM

30 factories to get green award

The government is going to honour 30 firms with the Green Factory Award for their outstanding contribution to saving the environment and creating jobs.
1 November 2021, 18:00 PM

Another Tk 260cr to be recovered, refunded

The commerce ministry yesterday said it was working on recovering another Tk 260 crore taken by fraudulent e-commerce entities as advance payments until last June and on refunding it to the respective customers who were not delivered products.
1 November 2021, 18:00 PM

Foreign firms show interest to invest $1.16b

Foreign companies that took part in the Bangladesh Trade and Investment Summit 2021 have shown interest to invest $1.16 billion in the country, according to the organisers of the event, which concluded on Sunday.
1 November 2021, 18:00 PM

Gain some, lose some

Timely revisions to data on GDP and its components determine the accuracy of national accounts estimates and their comparability across countries.
1 November 2021, 18:00 PM

Bangladesh now a $409b economy: GDP size up, growth down as new base year takes effect

The economic growth rates posted in recent years were revised downwards but the size of the economy expanded thanks to a new base year adopted by the Bangladesh Bureau of Statistics (BBS).
1 November 2021, 18:00 PM

HC issues rule over refunding e-commerce customers

The High Court yesterday issued a rule asking authorities to explain in four weeks why they should not be directed to refund the money halted at
1 November 2021, 18:00 PM

Stocks dip under 7,000 points

The stock market index once again fell under the 7,000-point range yesterday as investors have taken a wait and see approach.
1 November 2021, 18:00 PM

Legacy shares soar despite poor dividend

The price of Legacy Footwear Limited’s stock soared around 8 per cent yesterday in spite of its announcement earlier in the day that it was going to give out a minimal amount as dividend.
1 November 2021, 18:00 PM

Manipuri weavers on road to recovery

Both the international and domestic demand for Manipuri cloth, a style of handwoven fabric native to Sylhet that come in block, stripe and flat colour print, has recovered in line with the receding coronavirus pandemic.
1 November 2021, 18:00 PM

AIIB lends $260m for Mymensingh bridge

The government has signed a loan agreement of $260 million with the Asian Infrastructure Investment Bank (AIIB) to construct the Kewatkhali bridge in Mymensingh.
1 November 2021, 18:00 PM

Govt to honour 30 firms with Green Factory Award

The government is going to honour 30 firms with the “Green Factory Award” for their outstanding contribution to saving the environment and creation employment, the labour ministry said today.
1 November 2021, 12:18 PM

Why failure to refund e-commerce customers shouldn’t be declared illegal: HC

The High Court today issued a rule asking the authorities to show cause as to why their failure and inaction to refund the money of e-commerce customers should not be declared illegal.
1 November 2021, 11:47 AM

$1.16b foreign proposals came in investment summit: DCCI president

Foreign participating companies in the Bangladesh Trade and Investment Summit 2021 have shown interest to invest $1.16 billion in Bangladesh, Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI), said today.
1 November 2021, 11:43 AM

Stocks end flat

Turnover at the Dhaka bourse dropped over 22 per cent today while its index was almost flat.
1 November 2021, 09:50 AM

'Defreeze accounts to return Tk 214cr stuck in payment gateways'

The commerce ministry has written to the Criminal Investigation Department (CID) to defreeze the accounts to return Tk 214 crore that got stuck in payment gateways due to e-commerce companies' failure to deliver products against the payments.
1 November 2021, 08:36 AM

COP26: Will world leaders make commitment out of the box?

The COP26 began at the Scottish Event Campus in Glasgow yesterday. The whole world is closely watching how much of their expectation on reducing climate vulnerabilities is being addressed through required actions.
31 October 2021, 18:00 PM

Maize farmers call for storage, processing facilities

Lalmonirhat district, bordering the Teesta, Dharla and Saniazan rivers, accounts for about one-third of the maize produced in Bangladesh’s northern region.
31 October 2021, 18:00 PM

Local funds scanty for infrastructure financing

Bangladesh needs a vibrant bond market to meet the country’s requirement for long-term financing for infrastructure development, speakers said at a webinar yesterday.
31 October 2021, 18:00 PM

Intel tracks down 13-19 firms

Intelligence services have identified anywhere from 13 to 19 e-commerce entities which have defrauded customers and merchants of thousands of crores of taka, as per reports provided to a Digital Commerce Cell (DCC).
31 October 2021, 18:00 PM