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GPH Ispat begins commercial production in Tk 2,390cr plant

GPH Ispat begins commercial production in its Tk 2,390 crore plant to produce MS billet and rod today, which fuelled the company’s share price to instantly see a 2.47 per cent rise in the stock market.
21 June 2021, 12:24 PM

Floor price removal boosts Dhaka stocks to hit new high

Dhaka stocks hit nearly a three-and-a-half-year high today as institutional investors got their confidence back after the removal of the floor price from all companies by the stock market watchdog.
21 June 2021, 10:57 AM

The rice economy

Rice, the four-letter word, is not just the staple food; it is at the centre of the overall life of Bengalis, whether it is culture, politics, or the economy. Although many things have changed in Bengali life over time, rice remains radiant in its own glory.
20 June 2021, 18:00 PM

Implement policies efficiently for green growth

Bangladesh needs to formulate a plan and take appropriate and effective steps to implement it to ensure eco-friendly development, analysts said yesterday.
20 June 2021, 18:00 PM

Budget SME-friendly

SME Foundation yesterday termed the proposed budget for the fiscal year of 2021-22 pro-small and medium enterprises (SMEs), saying the finance minister has considered several proposals the agency had recommended.
20 June 2021, 18:00 PM

‘Black money whitening bar to curbing corruption’

The opportunity to whiten black money is a big barrier to curbing corruption in the country, said Mustafizur Rahman, a distinguished fellow of the Centre for Policy Dialogue yesterday.
20 June 2021, 18:00 PM

Stocks rise despite floor price removal

The country’s stock market rose yesterday thanks to a boost in confidence among institutional investors, despite the removal of floor prices of all listed companies.
20 June 2021, 18:00 PM

Increase public spending, expand social protection

Increasing public spending and widening social protection measures with a proper registry of people could prove effective in reviving the economy during the pandemic, as occurred in some countries, according to two noted economists.
20 June 2021, 18:00 PM

Tax break on setting up hospitals: Fiscal relief inadequate to attract investors

Entrepreneurs might not be interested in setting up large hospitals outside of Dhaka, Chattogram, Narayanganj, and Gazipur despite a 10-year tax break.
20 June 2021, 18:00 PM

Jobs treble despite trading units decline

Despite a decline in the number of wholesale and retail trade units in Bangladesh, employment in the sector nearly trebled to 1.41 crore in the past decade, according to the provisional data of the Wholesale and Retail Trade Survey 2020.
20 June 2021, 18:00 PM

IFIC Bank to issue perpetual bond to raise Tk 1,000 crore

IFIC Bank has decided to raise Tk 1,000 crore by issuing perpetual bond to maintain the bank's capital complying with the BASEL-III norms.
20 June 2021, 12:51 PM

40 lakh people took telemedicine services in last 15 months: Palak

Around 40 lakh people in the country have taken medical advice through the "Doctors' Pool" of the ICT Division in the last 15 months while maintaining physical distance, State Minister for ICT Zunaid Ahmed Palak said today.
20 June 2021, 10:10 AM

Youngone launches country's largest rooftop solar plant in KEPZ

Youngone Corporation, the Korean multinational conglomerate in Bangladesh, today launched country’s largest rooftop based solar electricity system in its Korean Export Processing Zone (KEPZ) in order to meet part of its power demand through renewable sources.
20 June 2021, 08:27 AM

'Increase public spending for quick recovery from pandemic'

The governments should increase the spending in the economy for quick recovery from the fallouts of Covid-19 as some countries have been enjoying the benefit of increased public spending, said an economist on Saturday.
19 June 2021, 20:03 PM

Midland Bank riding on digital tech for steady growth

Eight years ago, Midland Bank Ltd set out with a vision to become a bank for the masses riding on technology and reaching the unbanked in the hinterland.
19 June 2021, 18:00 PM

Online plastics fair from July 5

The 15th Bangladesh International Plastics, Printing and Packaging Industry Fair (IPF) will begin on July 5.
19 June 2021, 18:00 PM

ADB gives $250m for social dev schemes

Asian Development Bank (ADB) is providing a loan of $250 million to Bangladesh to help its finance reforms aimed at improving the inclusiveness and responsiveness of the country’s social development and resilience programmes.
19 June 2021, 18:00 PM

Stock market has a good future

Prime Minister’s Private Industry and Investment Affairs Adviser Salman F Rahman yesterday said the country’s stock market has a good future.
19 June 2021, 18:00 PM

SMEs hung out to dry

They were the hardest hit segment when the whole economy came to a halt because of the countrywide pandemic-induced lockdown.
19 June 2021, 18:00 PM

'Install pre-paid metres in residential areas to save gas for future'

There is no alternative to installing pre-paid metres in residential areas to stop illegal gas connection and save energy for future, experts said at a virtual webinar today.
19 June 2021, 13:00 PM