India is set to allow exports of 1 million metric tons of sugar during the current season, government and industry sources said, to help mills export surplus stocks from the world’s second biggest producer of the sweetener and help prop up local prices.

US President-elect Donald Trump has launched his own cryptocurrency, appropriately called $TRUMP, sparking feverish buying that sent its market capitalization soaring on Saturday to several billion dollars.

As the world confronts the pressing challenge of climate change, the global push toward decarbonisation has gained momentum, with major economies like the EU, US, and Canada pledging to achieve net-zero and strengthening legal frameworks for businesses to address climate issues.

King Dollar, meet the Donald. After lording over most major currencies for the past three years, the greenback is likely to get another big boost from the protectionism and fiscal largesse of incoming US President Donald Trump. It may catch markets and governments out.

Private power producers have urged the Bangladesh Bank for a solution to recover losses stemming from delayed payments by the Bangladesh Power Development Board (PDB).

The 40,000 laid-off workers and officials of the 16 textile and garment units of Beximco Group want the factories to remain operational so that they can be reinstated.

The proposal to release $645 million, the fourth tranche of a $4.7 billion loan programme for Bangladesh, was due to go before the International Monetary Fund (IMF) Executive Board on February 5.

Just 45 percent of all foreign investments in Bangladesh qualify as actual foreign direct investments (FDI), while the rest is either intercompany loans or reinvestments, according to a report by the Bangladesh Investment Development Authority (Bida).

Economic activities may slow down in the near term as the government has opted to initiate massive economic reform measures, the Bangladesh Bank (BB) said yesterday.

Bangladesh’s pharmaceutical industry is undergoing a significant transformation, driven by young talent and innovation, according to pharmaceutical professionals. 

The Dhaka Stock Exchange (DSE) has reached a point where its shares are record cheap due to the recent macroeconomic turbulence and higher interest rates, which have diverted investments away from securities, according to leading stockbroker IDLC Securities.

Bangladesh’s pharmaceutical industry is undergoing a significant transformation, driven by young talent and innovation, according to pharmaceutical professionals. .The industry is shifting from chemical-based medicines to biomedicines, offering fresh graduates unique opportunities to shap

Its loss was Tk 457 crore in FY24

Industry experts stressed the importance of strategic alignment, prioritisation, and targeted interventions to unlock the country’s full potential, according to the report released today.

DSEX lost 3.06 points as of 11:22 am  

The interim government has not taken any of the measures recommended by the white paper on the state of the Bangladesh economy even after a month and a half of the report’s submission, said economists yesterday.

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. 

There seems to be much confusion among the citizenry regarding how our economy is being managed, and challenges are addressed.

Non-cotton garments are particularly lucrative, fetching higher prices than traditional cottonwear for having better flexibility, durability

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.