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South Korea deal to boost exports, cut trade gap
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A tribute to my grandfather, Anwar Hossain

My nanu never called me by my name, he always called me “amar Sarooo”, the last syllable drawn out and full of his love and warmth. No one else in my life has so dotingly claimed me to be theirs; and with every call, I would light up at how special he made me feel as my name danced from the corner of his smile to the brown of his eyes.
2 September 2021, 18:00 PM

Low potato prices leave traders, farmers in a quandary

Potato farmers and traders have been left bewildered by a drastic fall in potato prices this year as many of them had packed their produce into cold storages to sell during the rainy season, when most crops die of flooding and before the arrival of winter crops, in order to maximise profits.
2 September 2021, 18:00 PM

Nasir Glass faces Tk 11cr VAT evasion charge

Nasir Glass Industries has been accused of evading Tk 11.22 crore in value-added tax payment in a case filed by the VAT Audit, Intelligence and Investigation Directorate (VAIID).
2 September 2021, 18:00 PM

Stocks hit another record high

Bangladesh stocks have continued their foray into new territory, ending yesterday with a new high amid increased participation of buoyant investors.
2 September 2021, 18:00 PM

Invest remittance wisely, let your money grow

Al Mahmud, who hails from Raiganj upazila of Sirajganj, went to Bahrain as a migrant worker 10 years ago.
2 September 2021, 18:00 PM

Bangladesh finally a member of Brics’ New Dev Bank

Bangladesh has finally become a member of the New Development Bank (NDB), which was launched in 2015 by Brazil, Russia, India, China and South Africa, collectively known as Brics, according to a statement of NDB.
2 September 2021, 18:00 PM

Mitsubishi Motors looks to set up plant in Bangladesh

Mitsubishi Motors yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study on establishing a production unit in Bangladesh by 2025 as the Japanese multinational automotive manufacturer looks to expand its footprint in South Asia.
2 September 2021, 18:00 PM

BSEC forms body to stop gambling with small firms

The stock market regulator formed a three-member committee to find a way to stop gambling with companies with small paid-up capital.
2 September 2021, 15:32 PM

Chattogram bourse rearranges CSE-30, CSE-50 indices

The Chattogram Stock Exchange rearranged two of its indexes—CSE-30 and CSE-50—based on the performances of listed companies.
2 September 2021, 12:53 PM

Mitsubishi to set up automobile plant in Bangladesh

Mitsubishi Motors Corporation (MMC), a renowned automotive manufacturer of Japan, has taken steps to conduct a feasibility study to establish an automobile assembly plant in Bangladesh.
2 September 2021, 12:22 PM

Exports rebound in August but fails to reach target

Exports significantly rebounded in August when it increased 14.02 per cent year-on-year to $3.38 billion buoyed by garment shipment, particularly knitwear items.
2 September 2021, 11:26 AM

Bangladesh becomes member of BRICS’ New Development Bank

The New Development Bank (NDB) -- established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 -- has enrolled Bangladesh as a new member.
2 September 2021, 07:53 AM

Walton, DoE ink deal to phase out harmful gas

Walton has signed an agreement with the Department of Environment (DoE) on the latter’s premises in the capital recently over an “HCFC Phase-out Management Plan Stage II” project. 
1 September 2021, 18:00 PM

Sri Lanka organic revolution threatens tea disaster

Sri Lanka’s drive to become the world’s first 100 per cent organic food producer threatens its prized tea industry and has triggered fears of a wider crop disaster that could deal a further blow to the beleaguered economy.
1 September 2021, 18:00 PM

Hatil: from an idea to an established brand

Just after completing his graduation in 1988, Selim H Rahman, chairman and managing director of Hatil Furniture, started gathering experience in the timber business and together with his father, developed an idea to manufacture doors on a commercial basis.
1 September 2021, 18:00 PM

Breather for NBFI borrowers

Bangladesh Bank yesterday said borrowers of non-bank financial institutions (NBFIs) would not become defaulters until December if they pay 50 per cent of their loans’ instalment.
1 September 2021, 18:00 PM

Banglalink revenue rises in Q2

Banglalink, the third largest mobile operator in Bangladesh, witnessed a 6.9 per cent rise in revenue year-on-year in the second quarter of 2021, driven by an increase in data revenue alongside the number of customers of this segment.
1 September 2021, 18:00 PM

Junk stocks rule the roost again

Junk stocks took prominent positions in the gainers’ list yesterday, when the prime index of Dhaka Stock Exchange (DSE) hit a record high.
1 September 2021, 18:00 PM

State banks not keen on Padma’s merger request

Managements of the state-owned banks are in a state of discomfort after being informed about the Padma Bank’s wish to get merged with a state lender.
1 September 2021, 18:00 PM

Remittance ‍slips to 6-month low

Remittance inflow declined 8 per cent year-on-year in August to $1.8 billion, the lowest in the past six months, as money transfers through informal channels such as “hundi ‘’ have increased, according to various experts.
1 September 2021, 18:00 PM