National University to work with country's tourism sector: NU VC

National University Vice-chancellor Professor ASM Amanullah today stressed the need for speeding up development in the country's tourism sector
17 December 2024, 12:59 PM

Kamran Tanvirur Rahman re-elected as MCCI president

The leading chamber also re-elected its senior vice president and vice president
17 December 2024, 11:32 AM

Renata ships first batch of preventative cardiovascular meds to US

The medicine was manufactured at Renata’s Bangladesh factory approved by the US-FDA
17 December 2024, 11:14 AM

Dhaka stocks open upbeat

Total turnover stood at Tk 155.53 crore.
17 December 2024, 05:14 AM

Farmers warned of rain on Dec 20-22

The Bangladesh Agro-Meteorological Information Service (BAMIS) has suggested farmers in Khulna, Barishal, Chattogram, Dhaka and Sylhet divisions to take measures to protect their in-field products as the areas could be hit by medium to heavy rainfall on December 20-22 this year.
16 December 2024, 18:00 PM

Made in Bangladesh foods tied to diasporas

Bangladesh has been exporting agro-processed foods for over three decades, but the sector has not grown much and still remains highly concentrated within a few countries where Bangladeshi diasporas are the primary buyers. 
16 December 2024, 18:00 PM

NBR removes all import taxes on sunflower, canola oil

The National Board of Revenue (NBR) yesterday removed all import taxes on sunflower and canola oils in a bid to encourage imports, boost the supply of edible oil and curb their soaring prices in the domestic market.
16 December 2024, 18:00 PM

Non-leather footwear on course to half-billion export club

Bangladesh’s synthetic and athletic footwear exports have been growing rapidly, emerging as a bright spot in the country’s export basket, which is heavily dominated by readymade garments.
16 December 2024, 18:00 PM

Inflation expected to decline soon: Yunus

Chief Adviser Prof Muhammad Yunus yesterday admitted that the interim government has not yet been able to control inflation but expressed his belief that it would come down soon.
16 December 2024, 18:00 PM

Election to boost business confidence: entrepreneurs

Business leaders, economists and professionals have emphasised that an elected government is essential for restoring confidence in the business community, stabilising law and order, and revitalising the business and investment climate.
16 December 2024, 18:00 PM

Import duty, tax on sunflower, canola oil removed

The NBR extends 5% VAT benefit until March 31 next year
16 December 2024, 15:16 PM

Small farmers threaten poultry strike over ‘corporate influence’

Bangladesh Poultry Association (BPA) has threatened to halt production of broiler chickens and eggs from January 1 if the interim government failed to address their demands, including curbing the influence of alleged corporate syndicates..Corporate entities are increasingly monopolising an
16 December 2024, 15:11 PM

Protect in-field crops from rain on Dec 20-22, advises BAMIS

The Bangladesh Agro-Meteorological Information Service (BAMIS) made the recommendation by analysing data of Bangladesh Meteorological Department
16 December 2024, 14:00 PM

National advisory council on statistics restructured

New 17-member panel will work to produce globally-accepted data
16 December 2024, 13:06 PM

Oil drops from highest in weeks, focus on Fed rate cuts

Falls were limited, however, by concerns of supply disruptions in the event of more US sanctions on major suppliers Russia and Iran
16 December 2024, 08:30 AM

Stocks rebound strongly after last week’s losing streak

Stocks in Bangladesh rebounded yesterday after lacklustre earnings disclosures from many listed companies for the first quarter of the fiscal year had seen the market trend down over the previous week. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 73.43 points, or 1
15 December 2024, 18:01 PM

Maksons Spinning posts Tk 40cr loss in Q1

Maksons Spinning Mills PLC saw its losses surge in the first quarter of the current fiscal year due to escalating raw material costs and finance charges, according to the company’s financial statement.
15 December 2024, 18:00 PM

New loan classification policy a double-edged sword

Starting from the pandemic in 2020, Bangladesh as a nation has gone through a number of incidents in the last five years followed by the Ukraine war, interest rate capping, dollar crisis, high inflation, sluggish GDP growth, banking sector exploitation, intense corruption in different layers and lastly the political changeover in August.
15 December 2024, 18:00 PM

Maddhapara Granite turns to borrowing to stay afloat

The Maddhapara Granite Mining Company Ltd (MGMCL) finds itself in a dire financial situation as its sales continue to plummet throughout the current year.
15 December 2024, 18:00 PM

China eyes negotiations as Trump threatens new tariffs

As Donald Trump steps up his tariff threats against China, Beijing is moving to beat the next US president to the punch with its own restrictions and get Washington to the negotiating table ahead of a full-blown trade war, analysts say.
15 December 2024, 18:00 PM