Craze for musical instruments dying out

A once vibrant musical instruments business has slowly lost its lustre, according to traders, musicians and market analysts.
17 May 2021

CCCI director elected

The Chittagong Chamber of Commerce & Industry (CCCI) has had a director elected.
17 May 2021

UK reopens for business

Friends will hug and pints will be pulled as swathes of the British economy reopened on Monday, giving 65 million people a measure of freedom after the gloom of a four-month Covid-19 lockdown.
17 May 2021

Saudi Arabia to reopen to foreign tourists soon, official says

Saudi Arabia plans to soon reopen to foreign tourists, a senior tourism official said on Monday after the kingdom announced the lifting of quarantine restrictions for certain foreign arrivals.
17 May 2021

Tax offices to remain open during movement restrictions

The National Board of Revenue will keep its tax offices open during the ongoing countrywide restrictions on movement.
17 May 2021

Buying spree fuels Dhaka bourse's turnover to hit four-month high

Turnover at the Dhaka Stock Exchange (DSE) crossed Tk 1,500 crore today for the first time in around four months thanks to the buying pressure from the investors.
17 May 2021

1 crore mobile phone users left Dhaka during Eid holidays

Some 1.06 crore of mobile phone users left Dhaka until May 15 after the exodus began on May 4 despite strict restriction on movement to curb the spread of Covid-19 infections, according to data of Bangladesh Telecommunication Regulatory Commission (BTRC).
16 May 2021

BSCIC Industrial Estate In Nilphamari: A hub for small businesses

The industrial estate of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Nilphamari has become a hub for small businesses as it gives them easy access to key markets in the northern part of the country.
16 May 2021

Budgeting to make a difference

While the pandemic waves on, the budget should focus on crisis management, prioritising spending on health, targeting fiscal support to distressed families and enterprises, restoring the functionality of education, and building on the resilience demonstrated by agriculture while keeping an eye on revenues. A business-as-usual budget like last year will miss the boat again.
16 May 2021

Allow foreign firms to switch banks promptly

The central bank yesterday ordered banks to permit branches, liaison and representative offices of foreign companies promptly if they want to move their accounts to another lender.
16 May 2021

Banking hour 10am to 2pm until May 23

Bangladesh Bank yesterday instructed lenders to continue their limited banking operations until May 23.
16 May 2021

Banks can’t appoint former MDs as independent directors

Banks cannot appoint their former managing directors as independent directors at their respective board as per the provisions of the Banking Companies Act 1991, Bangladesh Bank (BB) said last week.
16 May 2021

Health division spends only 26pc of ADP outlay

Despite giving special focus on the health sector, the government could implement only 26 per cent of the sector’s Annual Development Programme in the first 10 months of the current fiscal year.
16 May 2021

Stock index crosses 5,800 after 4 months

The benchmark index of Dhaka Stock Exchange (DSE) went past 5,800 yesterday after around four months thanks to increased participation of investors.
16 May 2021

Banking stocks suffer despite higher dividends

Most banks are announcing higher dividends for 2020 than a year ago although they were plagued by the coronavirus pandemic for most of the year and had to do with a lower interest rate regime.
16 May 2021

Dhaka bourse’s index crosses 5,800 points after four months

The benchmark index of the Dhaka Stock Exchange (DSE) crossed the 5,800 level today after a break of around four months thanks to the increased participation of investors.
16 May 2021

Ongoing gaining streak, a happy ending for stock investors before Eid

The six consecutive days of rise brought smiles to the faces of stock investors today just before the three-day closure of the stock market on the occasion of the Eid-ul-Fitr.
12 May 2021

Cutoms houses to remain open on limited scale during Eid holidays: NBR

The customs houses will remain open to facilitate export and import activities during Eid holidays.
12 May 2021

Car rentals boom amid transport restrictions

People’s desperation to visit their permanent residences for Eid celebrations brings cheers to vehicle rental services providers amidst the gloom of the pandemic.
11 May 2021

Ctg chamber walks the same path as FBCCI

Mahbubul Alam has been re-elected president of the Chittagong Chamber of Commerce and Industry (CCCI) in an election that saw all director hopefuls emerging victorious without any votes.
11 May 2021