Euro zone factories raced ahead in April, prices jumped

Euro zone factory activity growth surged to a record high in April, boosted by burgeoning demand and driving a rise in hiring, although supply constraints led to an unprecedented rise in unfulfilled orders, a survey showed.
3 May 2021

Forex reserve hits $45.1b, a new record

The country's foreign exchange reserves today hit a new record of $45.1 billion thanks to the upward trend of remittance and lower import payments.
3 May 2021

A Rouf Chowdhury reelected Bank Asia chairman

A Rouf Chowdhury has recently been reelected chairman of Bank Asia at the 453rd meeting of its Board of Directors.
2 May 2021

Progress in business climate laudable, but further improvement needed

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of the Official Development Assistance in 2020. Since the Covid-19 pandemic started more than a year ago, there has been a lot of talks and anticipation about Japanese businesses moving base to Bangladesh.
2 May 2021

Nialco stock subscriptions May 16-20

Stock subscriptions for the country’s first-ever small and medium enterprise (SME) to enter the stock market would run between May 16 and 20.
2 May 2021

Stock turnover hits 3-month high

Investors are pouring money into stocks pinning hopes on the higher profit declarations by the listed companies for the latest quarter.
2 May 2021

Business confidence hits rock bottom: survey

Business confidence in Bangladesh plunged to 41.39 points for the April to June quarter, the lowest level in a year, as an alarming surge in coronavirus infections has deepened uncertainty and threatened the economic recovery, according to a new survey.
2 May 2021

Beximco profits Tk 77 from each vaccine dose

Vaccine imports from India contributed to 40 per cent higher profits for Beximco Pharmaceuticals in the past nine months.
2 May 2021

Remittances past $20b in 10 months

Remittance inflow surpassed the $20-billion mark in the first 10 months of this fiscal year riding on the relentless efforts of migrant workers to send their hard-earned money home through banking channels.
2 May 2021

Exports fetch $3.13b in April

Earnings from merchandise exports surged as much as six times year-on-year to $3.13 billion in April thanks to a rebound in apparel shipment buoyed by the reopening of the economies in the US and Europe.
2 May 2021

Exports rise six times to hit $3.13b

Export earnings rose six times year-on-year to hit $3.13 billion in April this year thanks to the rebound of apparel shipment with the reopening of the US and European economies.
2 May 2021

China and home cooks help Unilever top forecasts

Unilever beat quarterly sales forecasts on Thursday, helped by a pick-up in home cooking in coronavirus lockdowns and a strong economic recovery in China, and said it would buy back up to 3b euros ($3.6b) of shares from May.
29 April 2021

Mercantile Bank reappoints chairman

Mercantile Bank has recently witnessed the reappointment of its chairman.
29 April 2021

Airbus sticks with plan to raise jet output

Airbus on Thursday confirmed plans to raise production of its most-sold jets as airlines begin an uneven recovery from the pandemic, despite setbacks in Europe and a rapidly worsening wave of infections in India.
29 April 2021

Date sales moderate this Ramadan

Seasonal date traders in Dhaka have moderate sales of the most popular iftar item ahead of and during Ramadan as many city-dwellers left the capital because of the reinstatement of the strict coronavirus restrictions.
29 April 2021

Early pineapple harvest benefits farmers

An intense heatwave is sweeping across the country. The sun’s piercing rays inevitably cause streams of sweat to run off pedestrians.
29 April 2021

An alternative to low-yield bank deposits

With the interest rate on deposits falling steadily, keeping money in the banks seems to provide negative returns.
29 April 2021

PM readies Tk 880cr cash assistance for the poor

The prime minister’s cash assistance for the poor and jobless people hit by the second wave of Covid-19 will begin to roll in on May 2.
29 April 2021

Pay salary, Eid bonus by May 10

Garment workers will have to be paid salaries and festival allowances by May 10 so that they can enjoy the Eid-ul-Fitr festival with near and dear ones, said Monnujan Sufian, state minister for labour and employment, yesterday.
29 April 2021

Insurance stocks a double-edged sword for investors

Stocks of almost all non-life insurance companies have more than doubled over the past year while the benchmark index of the Dhaka Stock Exchange (DSE) rose 38 per cent.
29 April 2021