Food distribution falls despite persistent inflation

Despite the fact that the population has been reeling from heightened inflationary pressures over the past two years, public food distribution under various social protection schemes fell by about 6 percent year-on-year in the first half of the current fiscal year.
14 December 2024, 18:00 PM

Jute millers struggling amid export slump

Jute millers are struggling as exports show no sign of recovery and demand in the domestic market remains lukewarm amid slack implementation of the mandatory jute packaging act.
14 December 2024, 18:00 PM

Janata allowed to lend more to defaulter Beximco

State-run Janata Bank has been partly exempted from the Bank Companies Act-1991 so that it can lend money to Beximco Group, a loan defaulter. 
14 December 2024, 18:00 PM

A depressing week for stock investors

The benchmark index of the Dhaka Stock Exchange dropped 91 points in a week
14 December 2024, 14:30 PM

BTTC for 25% duty on rice bran oil export

The Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government impose a 25 percent regulatory duty on the export of crude and refined rice bran oil to discourage shipments and increase domestic supply..The suggestion comes in response to soaring cooking oil prices in
12 December 2024, 18:19 PM

Rmg workers’ increment: 29 factories close amid demos

Twenty-nine garment factories in the Ashulia industrial area were declared closed following continued demonstrations by workers demanding a 15-percent increase in annual increments.
12 December 2024, 18:15 PM

Pharma exports hit record high in Nov

Pharmaceutical exports from Bangladesh notched record growth in November this year as local drug makers secured new markets and larger orders, according to industry people.
12 December 2024, 18:00 PM

Consumer financing slows amid economic hardship, uncertainty

Consumer financing has slowed as people are adopting a go-slow strategy for taking loans, considering the increasing trend of interest rates amid ongoing inflationary pressure.
12 December 2024, 18:00 PM

US finalises tariff hikes on more China green tech imports

The United States firmed up tariff hikes Wednesday on more Chinese imports including crucial solar panel components, capping recent efforts by the world’s biggest economy to guard its growing green energy sector.
12 December 2024, 18:00 PM

New platform launched to promote evidence-based policymaking

Researchers and experts yesterday launched a new platform named “Bangladesh Development Insights (BDI)” to promote evidence-based policy formation in Bangladesh.
12 December 2024, 18:00 PM

Amid weak eurozone, ECB to cut rates again

Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.
12 December 2024, 18:00 PM

Dacca Dyeing’s FY24 losses surge 344%

Dacca Dyeing & Manufacturing Co Ltd reported a staggering 344 percent year-on-year increase in losses primarily because of the gas line disconnection by Titas.
12 December 2024, 18:00 PM

Faultless but flawed

One of my senior colleagues was a file-hoarding perfectionist, minutely checking every line before approving. His room looked like a paper factory explosion! He also believed everyone was out to stab him in the back, so he trusted no one. When the boss caught him delaying, he would pull a “Chatur from Three Idiots” -- “I didn’t do it!” -- triggering a blame game that turned the office into a daily soap opera of chaos and comedy! Often, I was on the receiving end of that blame game! Trying to be perfect in an imperfect world is like ironing your pyjamas -- hard work that nobody notices, and it’s a waste of time!
12 December 2024, 18:00 PM

Janata Bank pleads for Tk 20,000cr bailout

Janata Bank has requested Tk 20,000 crore in urgent funds from the interim government and the central bank to overcome its fund crisis, maintain a normal cash flow and uphold depositor confidence.
12 December 2024, 18:00 PM

Ctg port eyes record-high container, cargo handling this year

Container and cargo handling at Chattogram port, the main seaport of Bangladesh, could hit record highs this year after declining steeply in the two years prior, according to official data.
12 December 2024, 18:00 PM

Why dividend delay a double whammy for investors

Motaher Hossain Masum was frustrated last September when Confidence Cement announced a mere 10 percent dividend for the last fiscal year despite making a handsome profit.
12 December 2024, 18:00 PM

Inflation 7% by next June: BB governor

Bangladesh Bank Governor Ahsan H Mansur yesterday said the interim government has set a target to reduce inflation to 7 percent by the end of next June and further below 5 percent in the next fiscal year.
12 December 2024, 18:00 PM

Inflation 7% by next June: BB governor

Bangladesh Bank Governor Ahsan H Mansur yesterday said the interim government has set a target to reduce inflation to 7 percent by the end of next June and further below 5 percent in the next fiscal year..“We have reviewed many countries, including the US, the UK, European Union or Thailan
12 December 2024, 16:19 PM

New platform launched to promote evidence-based policy formation

bdevinsights.com is the website of the platform
12 December 2024, 14:39 PM

DSE brokers call for suspension of CCBL procurement amid governance concerns

The DSE Brokers Association raised alarms over CCBL's past procurement practices
12 December 2024, 11:40 AM