Economic woes to linger

Bangladesh’s economy may continue to suffer under the Covid-19 pandemic throughout the current fiscal year due to vaccine shortages and the government’s incapability to enforce a strict lockdown, said a recently released Fitch Solutions report.
8 August 2021, 18:00 PM

Evaly’s plea for more time: Commerce ministry to decide on Wednesday

The commerce ministry and representatives from some government bodies will sit on Wednesday to decide whether they would provide six months to Evaly after the digital platform sought the time to respond in detail to the show-cause notice it received recently.
8 August 2021, 15:00 PM

Apparel makers express worry over rising yarn prices

Apparel exporters today expressed their worry over the rising yarn prices in the local market and urged the government to take immediate steps to address the problem.
8 August 2021, 14:25 PM

Starting a business is more complex in Bangladesh than South Asian peers: survey

Bangladesh lags behind the south Asian peers in case of the average procedure, time and cost needed to start a business, according to a recent survey.
8 August 2021, 12:10 PM

Budget not mitigating crisis of disadvantaged groups: Citizen’s Platform for SDGs

The budget for this fiscal has not taken proper steps to mitigate the crisis of the disadvantaged people who have been hit hard by the ongoing economic crisis, analysts said today.
8 August 2021, 11:59 AM

CPD to organise virtual conference to explore Bangladesh’s developments over 50 years

The Centre for Policy Dialogue (CPD) will organise a virtual international conference to explore the country’s developments in different dimensions, including politics, economy, society and culture, as part of effort to celebrate the golden jubilee of Bangladesh's independence.
7 August 2021, 19:14 PM

Shipping giant Maersk buys e-commerce firms

Danish maritime transport giant Maersk said Friday it was buying two e-commerce companies as surging demand for shipping led to another bumper profit in the second quarter.
7 August 2021, 18:00 PM

Usmania Glass resumes production after one year

Usmania Glass Sheet Factory Ltd (UGSFL), a state-owned glass manufacturer, resumed production yesterday after a one-year gap.
7 August 2021, 18:00 PM

Losses piling up for flower growers

Sumon Biswas cultivated roses and Gerbera daisies on four bighas of his land in Gadkhali village of Jhikorgacha upazila in Jashore district.
7 August 2021, 18:00 PM

Digitalisation to help reach new markets: experts

Digitalisation is enabling businesses to reach new markets and help the economy move towards sustainability, according to speakers at a webinar held yesterday.
7 August 2021, 18:00 PM

Pandemic turns 22 lakh jobless: DCCI

During the pandemic around 22 lakh people lost their jobs as the country’s economy, trade and investment went through a very challenging time, said Rizwan Rahman, president of the Dhaka Chamber of Commerce and Industry (DCCI), yesterday.
7 August 2021, 18:00 PM

Brac to issue Tk 1,350cr bonds

Brac, the largest microcredit provider in Bangladesh, has stepped forward to issue zero-coupon bonds worth Tk 1,350 crore through private placement.
7 August 2021, 18:00 PM

Falling potato prices fan farmers’ woes

A bumper yield of potato has now become a matter of concern for growers and traders as demand for the tuber declined for the ongoing countrywide lockdown.
7 August 2021, 18:00 PM

Are stock indices overvalued?

Soaring market capitalisation last week pushed Bangladesh’s stock exchange indices to their highest point since inception in 2013 thanks to increased investor participation.
7 August 2021, 18:00 PM

Private investment hits a trough

Private investment in Bangladesh fell to its lowest level in 14 years in the last fiscal year owing to the lingering uncertainty caused by the coronavirus pandemic and continuing structural weaknesses.
7 August 2021, 18:00 PM

State-owned Usmania Glass resumes production after a year

State-owned Usmania Glass Sheet Factory Limited (UGSFL) resumed production today after a year with the experimental production of one lakh square feet of glass.
7 August 2021, 12:21 PM

Digitalisation enabling businesses reach diversified markets: analysts at ICAB webinar

Digitalisation is enabling businesses reach diversified markets and helping the economy to move towards sustainability, analysts said at a webinar today.
7 August 2021, 11:06 AM

Amusement parks seek to reopen

The Bangladesh Association of Amusement Parks and Attractions (Baapa) has urged the government to allow opening amusement parks all over the country in tune with other businesses once the ongoing lockdown ends on August 10.
5 August 2021, 18:00 PM

Economy hit harder than thought

The economy grew 3.51 per cent in the fiscal year 2019-20, the slowest pace of expansion in three decades, as the pandemic wreaked havoc across the country, according to the final figure of state-run Bangladesh Bureau of Statistics (BBS).
5 August 2021, 18:00 PM

Brac Bank gets ‘Best Cash Management’ award

Brac Bank has recently been named for a Best Cash Management Bank Award 2021. 
5 August 2021, 18:00 PM