US calls on Bangladesh to end 'crackdown' on RMG workers

The US Department of Labor has called on the Bangladesh government to end the violent crackdown on protesting garment workers and conduct a full investigation into the alleged involvement of police in the killings of two workers
9 November 2023, 13:56 PM

'Cut red tape to boost exports'

Commerce minister says at the groundbreaking ceremony of Roptani Unnayan Bhaban
9 November 2023, 13:10 PM

Global fashion brands commit to raise purchase prices for Bangladesh-made clothes

Global fashion retailers including H&M HMb.ST and Gap GPS.N are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a US-based association representing more than 1,000 brands said
9 November 2023, 11:58 AM

Power Grid Company suffers Tk 626 crore loss in FY23

The Power Grid Company of Bangladesh Ltd incurred a massive Tk 626.48 crore loss in the financial year ended June 30.
9 November 2023, 06:53 AM

ICB suffers 46% profit fall in FY23

The Investment Corporation of Bangladesh (ICB) suffered a 46 percent year-on-year decline in profit to Tk 77.84 crore in the financial year that ended on June 30.
9 November 2023, 06:41 AM

Blockade to deepen existing economic crisis

The Foreign Investors' Chamber of Commerce & Industry (FICCI) yesterday warned that violence and blockade will adversely impact the orders for exports and foreign currency inflows, thus deepening the existing economic challenges.
9 November 2023, 02:01 AM

Apparel shipment to US takes a nosedive

Bangladesh’s garment export to the United States fell 23.33 percent year-on-year to $5.77 billion in January-September owing to a demand slowdown in the world’s largest economy and the piling up of stocks.
9 November 2023, 01:02 AM

PM to lay foundation stone on Nov 11

Construction work on the first terminal of Bangladesh’s maiden deep sea port at Matarbari in the Moheshkhali upazila of Cox’s Bazar will start soon as the tender process for appointing a contractor is in the final stages.
9 November 2023, 01:00 AM

Businesses harassed by customs

Businessmen yesterday alleged that they faced harassment from customs while seeking clearance for their goods.
8 November 2023, 18:00 PM

Star Business Report

Two top bodies of bankers yesterday asked lenders not to offer over Tk 115 for one US dollar when conducting the exchange with Bangladeshi migrants working abroad, according to insiders.
8 November 2023, 18:00 PM

Go back to work to get new RMG wage: BGMEA

New minimum wage will be effective from Dec 1
8 November 2023, 16:07 PM

NBR offers tax rebate for Universal Pension Scheme

It also gives go-ahead to no tax on claims upon maturity
8 November 2023, 15:39 PM

After IDB, ICB, Saudi firm Al-Rajhi leaves Islami Bank

It sold 15.99 crore or 9.93% shares of the bank
8 November 2023, 13:25 PM

Reserves fall to $19.5 billion after ACU payment

$1.17 billion of ACU payment was cleared today
8 November 2023, 13:01 PM

Shanta Life Insurance gets licence to launch

It received the licence on November 7
8 November 2023, 12:24 PM

73 businesses honoured with national export trophy

The commerce ministry and the Export Promotion Bureau jointly organised the event
8 November 2023, 11:17 AM

Bangladesh Denim Expo begins in Dhaka

80 exhibitors from 12 countries took part in show
8 November 2023, 09:37 AM

Padma Oil’s profit surges 45% in FY23

Padma Oil Co Ltd registered a 45 percent year-on-year increase in profit to Tk 349.51 crore in the financial year that ended on June 30.
8 November 2023, 08:51 AM

Actual investment far lower than proposed

Actual investments at six government-owned economic zones have remained at a far lower level compared to the proposals put forward by both foreign and local investors owing largely to inadequate facilities, official figures showed.
8 November 2023, 05:09 AM

Humor works wonders at workplace

What comes to your mind when you think of the easiest and shortest escape route from your regular tiresome workload? Have you ever thought of the way a brief moment of laughter contains the power to rejuvenate you within minutes?
8 November 2023, 00:45 AM