Too many stockbrokers, asset managers approved during Hasina’s regime

Over the past 15 years, investors have fled the market, initial public offerings (IPOs) have been scarce and capital market growth has fallen short of expectations. Despite this dry market, the number of stock intermediaries entering the market increased steadily.
30 September 2024, 18:00 PM

Thriving in business through energy transition

With climate change quickly becoming a global emergency, businesses need to contribute in both cooperative and coordinated way to address it.
30 September 2024, 18:00 PM

China’s factory, service sector activities shrink for fifth month

China’s factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting Beijing will need even more stimulus to hit its 2024 growth target with only three months left in the year.
30 September 2024, 18:00 PM

Expanding into glass production was a logical step

To meet the rising demand for basic and high-quality glass in Bangladesh’s construction sector, AkijBashir Group recently began production at a sprawling plant in Habiganj’s Madhabpur upazila, placing emphasis on more transparent and pure products to position itself as a key player in the rapidly growing market.
30 September 2024, 18:00 PM

Workers being deprived of fair wage

Workers have been deprived of a fair share of the country’s development as they are still not being paid proper wages, labour leaders yesterday told Debapriya Bhattacharya, head of a committee preparing a white paper on the state of the economy.
30 September 2024, 18:00 PM

Automated financial services can curb graft

Automation of government financial services is critical for reducing corruption and resource misuse, said Salehuddin Ahmed, finance adviser to the interim government.
30 September 2024, 18:00 PM

Debt servicing costs outweigh incoming loans

Bangladesh’s cost to service loans from multilateral and bilateral lenders surpassed the amount received from them during the first two months of fiscal year (FY) 2024-25, indicating that the country’s already fragile foreign exchange reserves may be stressed further.
30 September 2024, 18:00 PM

IMF reaffirms support in fighting economic challenges

The International Monetary Fund (IMF) has reaffirmed its support for Bangladesh’s interim government in overcoming the various economic challenges the country has been facing in recent times.
30 September 2024, 18:00 PM

RMG workers block Dhaka-Mymensingh highway demanding arrears

The workers of Apparel Plus Limited blocked the Dhaka-Mymensingh highway in Gazipur demanding unpaid salaries
30 September 2024, 17:24 PM

IMF reaffirms support for interim government

The International Monetary Fund (IMF) has reaffirmed its support for Bangladesh’s interim government in overcoming the various economic challenges the country has been facing in recent times.
30 September 2024, 15:40 PM

Collaboration between private, public sectors a must now: finance adviser

A delegation of the Foreign Investors’ Chamber of Commerce and Industry meets Salehuddin Ahmed
30 September 2024, 14:14 PM

Debt servicing surges 47% in Jul-Aug

The amount hit $589 million in the first two months of FY25
30 September 2024, 13:41 PM

Potato, onion prices fall after duty cut: tariff commission

The reduced import taxes will remain effective until Nov 30 this year
30 September 2024, 12:42 PM

Bullet-hit RMG worker dies following clash with 'law enforcers' in Ashulia

An RMG worker died with bullet wounds after a clash broke out between protesting workers and law enforcers in Ashulia today
30 September 2024, 10:59 AM

Banks to freeze accounts of Nabil Group chairman, MD

The anti-money laundering agency also directed banks to freeze the accounts of companies owned by them
30 September 2024, 09:20 AM

RMG owners demand greater security to keep factories open amid labour unrest

They made the demand at a press conference at the BGMEA office 
30 September 2024, 08:48 AM

Automated financial services key to reducing corruption: Salehuddin

Ahmed emphasised that integrating financial services into a unified digital system would improve transparency and accountability
30 September 2024, 08:37 AM

Doreen Power to shut down its Feni plant

All of its non-current assets will be sold
30 September 2024, 06:06 AM

Alamgir Kabir era ends at Southeast Bank after 20 years

Southeast Bank elects its founding chairman MA Kashem as its new chairman
30 September 2024, 02:44 AM

S Alam took out 86pc of Global Islami Bank’s loans

S Alam Group and its linked companies account for more than 86 percent of the disbursed loans of Global Islami Bank (GIB), one of the six Shariah-based lenders that were controlled by the Chattogram-based business giant.
30 September 2024, 01:00 AM