Achieving $110b export target by FY27 is difficult

The government’s target of earning $110 billion from exports by the fiscal year of 2026-27 would be difficult to attain because of the persisting challenges in the global and local economies, economists and businesspeople said.
20 May 2024, 01:30 AM

Online tax returns can bring $32b extra revenues annually: CPD

Bangladesh can raise an additional $32.6 billion in revenues annually within the next four years if the electronic filing of tax returns can be ensured, said the Centre for Policy Dialogue (CPD) yesterday.
20 May 2024, 01:00 AM

Robi, Banglalink may share network resources

Mobile network operators Robi and Banglalink recently signed a memorandum of understanding (MoU) to evaluate the potential sharing and rationalisation of their network resources.
19 May 2024, 18:07 PM

Four steelmakers control 53% of the market: study

Although there are around 40 steelmakers in Bangladesh, just four based in Chattogram are currently catering to 53 percent of the total demand, according to market studies and industry insiders.
19 May 2024, 18:06 PM

Building a brand

The word brand means a product, service or concept that is evidently distinguished from other products, services or concepts so that it can be simply communicated and frequently marketed.
19 May 2024, 18:05 PM

Stocks plunge to 3-year low

Stocks in Bangladesh dropped for a fifth consecutive day yesterday for a selling spree of some large investors, sending the major index of the Dhaka Stock Exchange (DSE) to a three-year low.
19 May 2024, 18:00 PM

BGMEA seeks extension of EU's Everything but Arms facility

EU ambassador meets BGMEA president in Dhaka
19 May 2024, 15:09 PM

Tk 127 crore owed to customers: DNCRP forms body to facilitate refunds

The platforms had offered hefty discounts to lure unsuspecting customers to make advance payments of thousands of crores of taka
19 May 2024, 14:16 PM

DSE index hits three-year low

The DSEX ended today at 5,431.28 points
19 May 2024, 12:55 PM

Banglalink’s revenue rises to Tk 1,544 crore in Jan-Mar

The revenue grew thanks to a significant expansion in subscriber base
19 May 2024, 12:35 PM

Bangladesh Krishi Bank’s losses up 78% in FY23

Bangladesh Krishi Bank (BKB), a state-owned lender, reported a 78 percent year-on-year increase in losses for the fiscal year that ended on June 30, 2023
19 May 2024, 09:18 AM

Qazi Kholiquzzaman, Aynul Islam elected BEA President, GS

Dr. Qazi Kholiquzzaman Ahmad and Dr Md Aynul Islam have been elected the president and general secretary of Bangladesh Economic Association (BEA) for the next two years
19 May 2024, 07:40 AM

PM opens SME fair in Dhaka to showcase local products

Prime Minister Sheikh Hasina on Sunday inaugurated the weeklong 11th National SME Product Fair to showcase products made by local small and medium enterprises.
19 May 2024, 06:02 AM

Govt brings down ADP for a lack of fund

The government is currently faced with a lack of funds, evidenced by a reduction in allocations it provided from the exchequer for the upcoming Annual Development Programme (ADP), said Fahmida Khatun, executive director of the Centre for Policy Dialogue.
19 May 2024, 02:00 AM

Internet subscriber base sees massive boost

The number of internet subscribers in Bangladesh spiked by a massive 43.5 lakh in March, the biggest jump in recent years, with mobile data users making up a bulk of the new customers.
19 May 2024, 01:30 AM

Why are investors leaving the stock market?

Stock investors in Bangladesh are leaving the share market as they are losing their hard-earned money because of the persisting fall of the indices driven by the prolonged economic crisis, the worsening health of the banking industry, and rising interest and exchange rates.
19 May 2024, 00:30 AM

BB lost ability to make decisions for economy: Fahmida Khatun

Bangladesh Bank (BB) lost its ability, to make independent decisions for the banking sector, and it is now operating to implement decisions of outsiders, which is unable to resolve the crisis of the banking sector
18 May 2024, 18:52 PM

What brought us here may not take us there

Thanks to HSBC Bangladesh, I was privy to a presentation on Asia economic outlook with a special focus on Bangladesh.
18 May 2024, 18:06 PM

Women still lag in mobile ownership, internet adoption

Women in Bangladesh are lagging behind men in both mobile ownership and mobile internet adoption, with gender gaps of 20 percent and 40 percent respectively, representing a significant disparity in digital access, according to a global report.
18 May 2024, 18:05 PM

Eastern Insurance fined Tk 5 lakh

The Insurance Development and Regulatory Authority (IDRA) has fined Eastern Insurance Company Tk 5 lakh for not having the minimum investment required in government securities as per the Insurance Act 2010.
18 May 2024, 18:01 PM