Draft AI policy targets innovation, better public services
6 hour(s) ago
Economy
Higher imports raise hopes of stable food prices in Ramadan
6 hour(s) ago
Economy
Govt raises safety net allowances for FY27
6 hour(s) ago
Economy
No excuse for Ramadan price hikes: Bashir says
6 hour(s) ago
Economy
3-day election holiday could hurt exports
6 hour(s) ago
Economy
NBR to fully automate VAT, income tax refunds
6 hour(s) ago
Economy
Wheat output largely steady despite drop in acreage
6 hour(s) ago
Economy
EU suspends India’s GSP benefits: report
7 hour(s) ago
Economy
Trust Bank arranges managers’ conference
7 hour(s) ago
Banks
DBH Finance opens branch in Bogura
7 hour(s) ago
Banks
Truth not to be told
A Moulana shared a viral story about his childhood friend, an eloquent speaker who became the Imam of a modern mosque in Dhaka.
28 December 2024, 18:00 PM
Inflation, political uncertainty eat through furniture recovery
After two years of sluggish business, local furniture makers saw a slight improvement in sales in June, only to meet with nationwide student protests culminating in a fierce anti-government campaign that ultimately ousted the Awami League regime in early August.
28 December 2024, 18:00 PM
Bottled soybean oil still in short supply
Despite a decision by the interim government to hike soybean oil prices nearly three weeks back, many kitchen markets across Bangladesh, including the capital Dhaka, are missing an adequate supply of the key cooking ingredient.
28 December 2024, 18:00 PM
Inflation outpaces wage growth for 34 months straight
Many low-income and unskilled workers in Bangladesh’s agriculture, industrial and service sectors are being compelled to reduce consumption as rising inflation eroded their real incomes over the past three years.
28 December 2024, 18:00 PM
A rush to heal exposed banking wounds
In October, a video on social media showed the manager of Social Islami Bank’s Agargaon branch breaking down in tears after enduring harsh verbal abuse from frustrated customers seeking to withdraw cash.
28 December 2024, 18:00 PM
Western Marine plans to export eight ships by 2025
After a pause of five years, shipbuilder Western Marine Shipyard Ltd is planning to export eight ships to a buyer of the United Arab Emirates (UAE) by next year.
28 December 2024, 18:00 PM
Agrani Bank’s health deteriorated fast in last five years
Once a reputable state-run commercial lender, Agrani Bank saw its financial health deteriorate fast over the past five years, mainly due to massive lending to politically backed businesses, mismanagement by the board and fallouts of Covid-19.
26 December 2024, 18:00 PM
Falling prices frustrate onion farmers
Farmers formed a human chain and demonstrated on the Pabna-Sujanagar road, protesting the falling prices of early-variety onions, as they fear they may not recover the production costs of the edible bulb this season.
26 December 2024, 18:00 PM
REHAB fair gives realtors a reality check
Real estate developers in Bangladesh participating in REHAB Fair-2024 were unsure of the event’s potential outcome until yesterday, when the sparse presence of visitors, let alone potential buyers, gave a reality check of the persistent economic challenges.
26 December 2024, 18:00 PM
Businesses face trouble as EC cancels NID data deal with Computer Council
Businesses ranging from banks to courier services and fintech companies are now facing trouble in onboarding new customers after the Election Commission (EC) recently cancelled access of the Bangladesh Computer Council (BCC) to the national identification card database.
26 December 2024, 18:00 PM
Vietnam may surpass Bangladesh in garment export: report
Vietnam is set to generate $44 billion this year through garment exports, surpassing Bangladesh, which is currently the world’s second-largest garment exporter, according to a Vietnamese media report.
26 December 2024, 18:00 PM
Energypac Power posts Tk 35cr loss in Q1
Energypac Power Generation PLC plunged into losses in the first quarter of the current fiscal year (FY) as higher finance charges denied any benefit from a recent surge in revenue.
25 December 2024, 18:00 PM
Economic stabilisation should be first priority
Bangladesh needs both economic and political reforms to address three major challenges, namely macroeconomic instability, rising inequality and poor governance, which are restricting the country’s development potential, according to experts
25 December 2024, 18:00 PM
Growth obsession deepened rich-poor divide
Income inequality in Bangladesh has seen a steep rise over the past 12 years till 2022, according to official data, as economists blame a singular focus on growth rather than sorting out income disparities.
25 December 2024, 18:00 PM
Geyser sales pick up as winter bites
Like last year, there is a good demand for electricity-run residential water heaters, locally known as geysers, since the coming of winter this year thanks to changing lifestyles in semi-urban and urban areas and affordable prices, according to industry insiders.
25 December 2024, 18:00 PM
S Alam-linked firms account for 56% of loans from First Security
Companies linked to the controversial S Alam Group took out 56 percent of the total disbursed loans of First Security Islami Bank (FSIB), one of six Shariah-based lenders controlled by the Chattogram-based business giant.
25 December 2024, 18:00 PM
Stocks see mixed performance as DSE falls, CSE rises
The stock markets in Bangladesh witnessed a mixed performance yesterday as the key Dhaka Stock Exchange (DSE) index experienced a fall while the opposite happened in the case of Chittagong Stock Exchange (CSE).
24 December 2024, 18:00 PM
BB waiting for law to sue Nagad
The Bangladesh Bank is waiting for the interim government to bring a Payment and Settlement System Act, 2024 into effect, as it intends to take legal action against mobile financial service (MFS) provider Nagad Ltd over alleged irregularities.
24 December 2024, 18:00 PM
Not a good year for job-seekers
Fresh graduates, their faces pale and uncertain, spent 2024 poring over newspaper job advertisements, applying for any suitable position and frantically appearing for recruitment exams in Dhaka.
24 December 2024, 18:00 PM
As dollar jumps, old inflation battle to get tougher in new year
After a four-month lull, US dollar prices made an abrupt jump in December, making imports more expensive and pushing up business costs.
24 December 2024, 18:00 PM