World's major port handlers show interest to invest in Bangladesh

Chief Adviser Yunus told Sulayem that Bangladesh wants to make Chittagong port more efficient and build more ports along the coast of the Bay of Bengal.
23 January 2025, 15:54 PM

Dutch-Bangla Bank’s Tk 1,200cr bond gets nod

The Bangladesh Securities and Exchange Commission has approved Dutch-Bangla Bank’s plan to raise Tk 1,200 crore through subordinated bonds, according to a stock exchange disclosure.
22 January 2025, 18:00 PM

BSTI to issue clearance certificates for import

The Bangladesh Standards and Testing Institution (BSTI) has decided to issue temporary clearance certificates for imported industrial raw materials under certain conditions, focusing on service simplification and the issue of port demurrage for businesses.
22 January 2025, 18:00 PM

Garment exports to EU rose 3% in Jan-Nov

Bangladesh’s garment exports to the European Union grew by 2.99 percent year-on-year to $18.15 billion in the January-November period of 2024.
22 January 2025, 18:00 PM

Bangladesh must switch to hollow blocks to reduce pollution

Clay bricks cost Tk 12 per piece. A hollow block, which is four times larger than a clay brick, is priced at Tk 50.
22 January 2025, 18:00 PM

Walton’s director gifting Tk 600cr shares to spouse, daughter

SM Rezaul Alam, one of the sponsor directors of Walton Hi-Tech Industries PLC, is transferring shares worth a total of Tk 610 crore as per the current market value to his daughter and spouse “by way of gift”.
22 January 2025, 18:00 PM

Summit urges Petrobangla not to scrap third LNG project

Summit Group has urged Petrobangla to reconsider its decision to cancel the country’s third floating storage and regasification unit (FSRU) project.
22 January 2025, 18:00 PM

Why Bangladesh is falling behind in RMG export to US

Bangladesh’s garment shipments to the USA, the South Asian country’s single largest export destination, have been falling over the past two years due to a market correction although other major countries have already adjusted to the scenario.
22 January 2025, 18:00 PM

Renewable ambitions still mired in uncertainty

Although the Awami League government made ambitious commitments to renewable energy before being ousted by a mass uprising in August last year, meeting those lofty goals remains a distant dream for the country.
22 January 2025, 18:00 PM

Interest payments eat up more than half of govt revenue expenses

Over half of the government’s total revenue expenditure during the first four months of the current fiscal year of 2024–25 was on interest payments alone, mainly due to increased borrowing and a rise in the interest rates.
22 January 2025, 18:00 PM

American retailers and brands want more workers' rights in Bangladesh

The BGMEA urged the AAFA, which represents over 1,000 globally renowned brands, retailers, and manufacturers, and the FLA to promote responsible purchasing practices that benefit both buyers and suppliers. 
22 January 2025, 03:40 AM

NBR plans to install nearly 20,000 EFDs in jewellery shops

The National Board of Revenue (NBR) plans to install nearly 20,000 electronic fiscal devices (EFDs) in jewellery shops across the country to boost revenue collection from the sector.
20 January 2025, 18:00 PM

Forex market in disarray

Bangladesh Bank has officially given the green light for banks to trade foreign currency at freely negotiated rates, but there’s a catch. An unofficially imposed mechanism has upset the foreign exchange market, undermining the intent of liberalisation.
19 January 2025, 18:00 PM

‘Most difficult time in 34 years’

Consumer confidence in Bangladesh is at a low level, while investor confidence is negative both domestically and internationally, said a former president of the Metropolitan Chamber of Commerce and Industry (MCCI) yesterday.
18 January 2025, 18:00 PM

Motorcycle sales hit six-year low

Interestingly, the premium motorcycle segment bucked the trend, showing significant growth in 2024.
18 January 2025, 18:00 PM

Bangladesh sees window of opportunity in Trump’s trade war

US President-elect Donald Trump’s trade policies towards China and Mexico could ultimately benefit Bangladesh, according to local apparel exporters.
18 January 2025, 18:00 PM

BSTI to develop LED lamp standards

The Bangladesh Standards and Testing Institution (BSTI) is planning to formulate “Minimum Energy Performance Standards” (MEPS) for light-emitting diode (LED) lamps to promote energy efficiency and reduce electricity consumption. 
18 January 2025, 18:00 PM

Can IMF prescriptions salvage our economy?

There seems to be much confusion among the citizenry regarding how our economy is being managed, and challenges are addressed.
18 January 2025, 18:00 PM

Chinese firms bullish on manmade fibre exports to Bangladesh

Non-cotton garments are particularly lucrative, fetching higher prices than traditional cottonwear for having better flexibility, durability
18 January 2025, 18:00 PM

Smuggled consignments meet half of local spice demand

The abundance of foreign spices and dry fruits in the market suggests that illegal imports are playing a significant role, as imports through formal channels are substantially lower than the demand in Bangladesh.
18 January 2025, 18:00 PM