Govt to continue incentives for exporters in post-LDC era

Officials in the commerce ministry said subsidies may be provided on electricity bills, or in the form of technology upgradation funds and skills development funds.
17 April 2024, 00:14 AM

Bangladesh's cotton import to rise on bright RMG export prospects: USDA

Despite facing a number of economic challenges, Bangladesh may end up importing more cotton year-on-year in marketing year (MY) 2024-25 to meet increasing global demand for garments.
16 April 2024, 18:00 PM

Leaders eat last

The success and failure of any organisation largely depend on its leadership. Studies show that there is no “one size fits all” leadership style. Nevertheless, effective leaders do possess certain attributes which are extremely crucial for an organisation’s sustained success.
16 April 2024, 17:59 PM

BASIC Bank employees want merger with another state bank

They submitted a memorandum to Bangladesh Bank governor
16 April 2024, 14:11 PM

IMF lowers Bangladesh’s economic growth forecast

Bangladesh economy to grow 5.7% in FY24, the lender says
16 April 2024, 13:44 PM

PepsiCo brightens Ramadan through 'Filling Hearts' initiative in Bangladesh

It is an extension of PepsiCo's pep+ (PepsiCo Positive) ambition and the 'Food for Good' platform
16 April 2024, 12:52 PM

Refiners want Tk 10 hike in edible oil price

They want to sell soybean oil at Tk 173, loose palm oil Tk 132 and five-litre cans at Tk 845
16 April 2024, 08:20 AM

Dhaka stocks keep falling 

Dhaka stocks declined in the morning trade for the second consecutive session today as sales pressure dominated the bourse.
16 April 2024, 06:44 AM

Garment exports face fresh trouble as Iran-Israel conflict stokes fears

Buyers are already asking suppliers to execute orders as soon as possible because the time to transport goods has been extended by an additional 15 days following the outbreak of the Red Sea crisis in October.
16 April 2024, 03:36 AM

Rice prices unlikely to fall from current level

Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.
16 April 2024, 03:36 AM

SS Steel to issue Tk 500cr bonds

The steel producer’s board of directors took the decision to issue the unsecured, convertible and redeemable coupon-bearing bonds in a meeting on April 9 and informed shareholders through a disclosure on the Dhaka Stock Exchange (DSE) yesterday.
16 April 2024, 03:36 AM

NBR issues 'electric seal and lock rules' for fourth time

Earlier, there was a provision for the service providers to be appointed by a committee appointed by the board, said Rahman. Now the company which can provide this service at a low cost will be given the job, he explained.
16 April 2024, 03:22 AM

No more bank merger proposals for now: BB

Bangladesh Bank will focus on five merger or amalgamation proposals it has already received and not accept any other proposals for the time.
16 April 2024, 03:22 AM

Stock indices plunge as Middle East tensions flare up

Investors go for panic sales for fear of another global crisis
16 April 2024, 03:22 AM

Is Bangladesh's economy showing signs of recovery?

As Bangladesh concluded 2023, it faced a series of macroeconomic challenges, including soaring inflation, dwindling foreign currency reserves, a weakened taka against the US dollar, slowing exports, lower-than-expected remittance inflows, and a troubled banking sector.
15 April 2024, 18:00 PM

Economy in for a double whammy

With inflation edging towards double digits and quarterly GDP growth nearly halving year on year, pressure on consumers is mounting and experts are pointing at even darker clouds.
15 April 2024, 18:00 PM

Three out of four people still unbanked in Bangladesh

Only 28.3 percent had an account with a bank or NBFI last year, it showed, increasing from 26.2 percent the year prior.
15 April 2024, 15:24 PM

Apple CEO Tim Cook arrives in Vietnam to meet users, boost supplier ties

Apple CEO Tim Cook arrived in Hanoi on Monday, starting a two-day visit to Vietnam, a key manufacturing hub for the iPhone maker, during which he is expected to meet students and content creators, state media said.
15 April 2024, 13:40 PM

Credit card use slightly down in Feb

Plastic money transactions fell 4.77% to Tk 3,057 crore
15 April 2024, 13:26 PM

Dhaka stocks see massive fall after six-day holiday

It lost 1.45% to close at 5,778.76 points
15 April 2024, 12:18 PM