Shop owners in Sylhet, Rangpur in a festive mood at last

Various businesses across the Rangpur and Sylhet regions are seeing an influx of customers ahead of Eid-ul-Fitr, which is likely to be celebrated on May 13 this year.
10 May 2021

10pc RMG factories yet to pay salary, bonus

Not all garment factories have been able to pay workers’ salaries and festival allowances within the government-set deadline ending yesterday.
10 May 2021

Small farmers produce the bulk of foods

The small, marginal and landless farmers together account for around 70 to 80 per cent of the country’s food production, said agricultural analysts.
10 May 2021

LDC Graduation: Committee formed to address challenges

The government has formed a 22-member committee to address the challenges that Bangladesh will face as a result of its transition from a least developed country (LDCs) into a developing one.
10 May 2021

Safety net budget to cross Tk1 lakh crore for first time

The budgetary allocation meant for the poor and vulnerable is set to go past Tk 1 lakh crore mark for the first time as the government sets aside additional funds to support the needy during the coronavirus-induced income collapse.
10 May 2021

School banking getting popular

School banking is increasingly gaining popularity among students as the total deposits in such accounts reached around Tk 2,000 crore last year, sidestepping the pandemic-induced economic hardship.
10 May 2021

Sales pick up as Eid nears

With Eid less than a week away, smiles have returned to the face of retailers after sales picked up as customers thronged shopping centres, defying the risk of contracting the deadly coronavirus.
10 May 2021

No challenge, no growth

Every leader has his time in the sun, and it is all about reinventing the sunlight when it is gloomy. Eclipse comes from complacency, and people suffer from inertia if there is no challenge in life.
9 May 2021

SBAC Bank to raise Tk 100cr

South Bangla Agriculture & Commerce (SBAC) Bank is set to go public in order to raise Tk 100 crore from the stock market.
9 May 2021

PHP now making reflective glass

PHP Float Glass Industries, a concern of PHP Family, has started manufacturing reflective glass for the first time with plans to export it on meeting local demand.
9 May 2021

Jashim Uddin elected FBCCI president

Md Jashim Uddin, a representative of the Bangladesh Plastic Goods Manufacturers and Exporters Association, has been elected president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for 2021-23.
9 May 2021

Singer opens washing machine plant

Singer Bangladesh has commenced manufacturing washing machines at its Savar plant that has a capacity to produce 420,000 units per year.
9 May 2021

ADP spending may expand by 14pc

The government may allocate Tk 225,324 crore to implement development projects in the next fiscal year, which is 14 per cent higher than that in the revised budget.
9 May 2021

FBCCI to turn its new 13-floor building into Covid hospital

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today launched its new 13-floor building and announced that it would be turned into a Covid-19 hospital.
9 May 2021

Pay garment workers by tomorrow: state minister for labour

The government today asked the garment factory owners to clear the payments of workers’ salaries, bonuses and other dues by tomorrow so that the workers can enjoy the Eid-ul-Fitr.
9 May 2021

Md Jashim Uddin, new president of FBCCI

Md Jashim Uddin has been elected as the new president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the 2021-23 tenure.
9 May 2021

Mobile financial service providers charge Tk 1.5 extra to transact every Tk 1,000, experts say at TRNB’s webinar

Mobile financial service providers are taking an additional Tk 1.5 from the clients by charging Tk 20 instead of Tk 18.50 as cash-out fee for every Tk 1,000, telecom experts said today.
8 May 2021

Stimulating private investment in times of pandemic

In Bangladesh, despite the gradual rise in the investment-GDP ratio over the past three decades, private sector investment, in proportion to GDP, had remained stagnant for years even before the onset of Covid-19. The Covid-19 crisis intensified the problem.
8 May 2021

Dismal sales frustrate Tangail sari traders

The traditional weaving industry in Tangail district needs both public and private support in order to recover from the Covid-19 and flood-induced losses, according to local traders.
8 May 2021

Explore new export markets, including Africa: experts

Bangladesh needs to pay attention to explore new export destinations, including untapped markets in the Commonwealth of Independent States (CIS), Latin America and African regions, according to speakers at a webinar yesterday.
8 May 2021