25 lakh masks sold daily

One and a half years ago, the demand for surgical masks in Bangladesh was met through imports. But the deadly coronavirus pandemic has pushed the local companies to build capacity to produce the essential item locally as the country struggles to tame the contagion.
31 July 2021, 18:00 PM

Online sales growth slows

The high-flying growth of the e-commerce sector of Bangladesh has slowed in recent months, largely because of disrupted supply chains caused by strict lockdown and tightening of belts by consumers.
31 July 2021, 18:00 PM

Alesha Mart app downloaded over 1m times

Downloads of the Alesha Mart android app has crossed 1 million recently, with the customer rating in Google Play Store being 4.0 seven months past launching.
31 July 2021, 18:00 PM

66 exporters to get national export trophy

The government is going to recognise 66 exporters with the “National Export Trophy” for the financial year 2017-18 for earning the highest amount of foreign currency through export in their respective sectors.
31 July 2021, 18:00 PM

In search of the next billion dollar destination

Since its inception, Bangladesh has become one of the leading exporters of migrant workers and immigrants globally.
31 July 2021, 18:00 PM

Guava farmers grow weary of lockdown

Guava farmer Sunil Halder had travelled to Bhimruli village, a famous floating guava wholesale market in Barishal’s Jhalakathi Sadar upazila, to sell about 74 kilogrammes (kgs) of the fruit last Friday.
31 July 2021, 18:00 PM

‘Allow all factories to reopen’

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of factories for the sake of investment, employment and smooth supply chain.
31 July 2021, 18:00 PM

None will lose job for delays in rejoining factories: BGMEA president

The garment workers will not lose jobs for delays in joining workplaces because of the restrictions on movement during lockdown, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
31 July 2021, 14:13 PM

Sustainable river dredging necessary for economic growth: experts at DCCI webinar

The government should now strictly monitor the execution of capital dredging under the dredging master plan to improve the waterways as the country is now poised to become a developing country by 2026, experts said today at a webinar.
31 July 2021, 12:40 PM

Open all factories, banks in industrial areas from tomorrow: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of industries and factories for the sake of investment, employment and to maintain the supply chain.
31 July 2021, 12:35 PM

Tax receipt rises 20% in FY21

Revenue collection rose 20 per cent year-on-year to Tk 259,867 crore in 2020-21 fiscal year thanks to increased import duty, value-added tax (VAT) and income tax receipts.
31 July 2021, 11:59 AM

All export-oriented factories, industries to be open from August 1: Cabinet

The government has decided to keep all the export-oriented factories and industries open from August 1 amid the ongoing strict lockdown which started from July 23.
30 July 2021, 13:26 PM

BATB to invest Tk 322cr for expansion

British American Tobacco Bangladesh (BATB) has made its second investment announcement in a span of six months, saying it was aimed at expanding for meeting growing demand from abroad.
29 July 2021, 18:00 PM

Port Decongestion: NBR move yet to prove effective

A National Board of Revenue’s (NBR’s) temporary permission to shift import-laden containers from the Chattogram port to private inland container depots (ICDs) as a decongestion effort seems to have borne no fruit.
29 July 2021, 18:00 PM

Let factories reopen

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to allow them to reopen all factories, including export-oriented industries, citing that export might suffer severely for the continued restriction.
29 July 2021, 18:00 PM

Cryptocurrency trading not allowed: BB

Bangladesh Bank once again said yesterday that it does not allow holding or trading of any kind of virtual coin or cryptocurrency in the country.
29 July 2021, 18:00 PM

Time to be more pragmatic

The latest monetary policy was declared yesterday, while the previous one was in July 2020. In my immediate reaction I want to question why monetary policies should come about on a yearly basis.
29 July 2021, 18:00 PM

BB sticks to expansionary policy despite liquidity pileup

Despite record excess liquidity in the banking system and depressed credit growth, the Bangladesh Bank yesterday said it would continue its expansionary monetary stance in the current fiscal year to help the economy ride out the slowdown.
29 July 2021, 18:00 PM

UK bank Lloyds logs soaring profit on Covid recovery

British bank Lloyds said Thursday that first-half net profits surged  on lower-than-expected credit losses as the economy extended its  recovery from the Covid-19 pandemic.
29 July 2021, 18:00 PM

Rights group urges US customs to probe Goodyear Malaysia

Rights group Liberty Shared has asked United States customs authorities to investigate the Malaysian operations of American tyre maker Goodyear Tire & Rubber Co over accusations of abusive labour practices, the group told Reuters.
29 July 2021, 18:00 PM