Eastland Ins gets new independent director

Hedayetullah Al Mamoon, former senior secretary, was recently appointed as an independent director of Eastland Insurance Company Limited.
2 July 2023, 18:00 PM

Migrant workers sent home $21.61 billion in FY23

Migrant workers sent $21.61 billion to Bangladesh in the just-concluded fiscal year as remittance rebounded on the back of higher flow on the occasion of Eid-ul-Azha and a record outflow of labourers, official figures showed yesterday
2 July 2023, 13:44 PM

93 tonnes of green chilli imported from India

About 93 tonnes of green chillies arrived in the country within a week after Bangladesh allowed the import of the kitchen essential due to skyrocketing prices, according to a notification from the Ministry of Agriculture
2 July 2023, 12:11 PM

US-Bangla to start Dhaka-Delhi direct flights this month

US-Bangla Airlines is going to start direct flights to its 12th international destination, India's capital Delhi, from the last week of July.
30 June 2023, 10:14 AM

Eid vacation raises concern for mango farmers

The ongoing holiday centring Eid-ul-Azha has raised concerns among mango farmers that prices for the fruit may decline further in coming days despite the high production cost.
28 June 2023, 00:50 AM

Motorcycle sales in the slow lane ahead of Eid

Sales of motorcycles, particularly low-end ones, were disappointing ahead of the upcoming Eid-ul-Azha as the ongoing inflationary pressure has limited peoples’ purchasing power, according to market players.
28 June 2023, 00:40 AM

Another Eid comes, leather estate is still ill-equipped

Bangladesh’s two-decade-long quest to put in place a system that can process 100 per cent of rawhides generated during Eid-ul-Azha continues owing to the lower-than-required capacity of the Savar Tannery Industrial Estate (STIE).
28 June 2023, 00:30 AM

Some factories yet to pay festival bonus, wages

As of 8:00pm yesterday, about 76.92 per cent, or 2,449 of the 3,164 industrial units in Bangladesh, have paid their workers’ salaries for the first 15 days of June, according to data from the Industrial Police.
27 June 2023, 18:00 PM

Mutual fund investment tips for beginners

Mutual funds have emerged as a popular and beneficial option for individuals seeking to grow their personal wealth.
27 June 2023, 18:00 PM

EBL to buy exchange house in Dubai to woo remitters

Eastern Bank Ltd (EBL) has decided to purchase an exchange house in Dubai to attract more remittances sent by Bangladeshi migrants working in the emirate.
27 June 2023, 18:00 PM

Essentials’ Price Spiral: Munshi’s comment exposes govt’s helplessness

The commerce minister’s recent admission that stern measures against market manipulators could create a sudden crisis has exposed the helplessness and lack of political will of the government, said three top economists and a consumers’ body. 
27 June 2023, 18:00 PM

Jica offers Tk 2,273cr budgetary support loan

Japan International Cooperation Agency (Jica) will provide an Official Development Assistance loan of Tk 2,273 crore (equivalent to JPY 3,000 crore) as budgetary support for strengthening public financial management. 
27 June 2023, 18:00 PM

Poverty rose in Dhaka, Barishal, Sylhet

Although the national poverty rate dropped in 2022, it rose in Dhaka, Barishal and Sylhet divisions. 
27 June 2023, 18:00 PM

Barishal home to highest portion of recipients

The percentages of households and people getting support from the government’s Social Security Programmes (SSP) in Barishal are the highest among the country’s eight divisions, according to the Household Income and Expenditure Survey (HIES) 2022. 
27 June 2023, 18:00 PM

BGMEA condoles murder of workers' leader Shahidul Islam

Shahidul Islam, 50, was beaten to death outside Prince Jacquard Sweater Ltd in Tongi Satish area.
27 June 2023, 16:37 PM

“We have created a large oligarch over the years like Russia. There is the existence of those oligarchs in every sector, including the commodity sector. We all know who they are.”

The commerce minister’s recent admission that stern measures against market manipulators could create a sudden crisis has exposed the helplessness and lack of political will of the government, said three top economists and a consumers' body. 
27 June 2023, 16:05 PM

Jica offers Tk 2,273cr budgetary support loan

Japan International Cooperation Agency (Jica) will provide an Official Development Assistance loan of Tk 2,273 crore (equivalent to JPY 3,000 crore; USD 225 million) as budgetary support for strengthening public financial management
27 June 2023, 12:51 PM

Tourist turnout lacklustre ahead of Eid

Hospitality service providers in Cox’s Bazar are not expecting an onrush of tourists amid the upcoming holiday centring Eid-ul-Azha as ongoing inflationary pressure and unfavourable weather are keeping travellers at bay.
27 June 2023, 00:40 AM

GP propels growth in country’s mobile subscriber base

Mobile subscriber numbers witnessed growth in May thanks to a strong performance by the top operator, Grameenphone.
27 June 2023, 00:20 AM

Remittance rebounds

Remittance rebounded in Bangladesh in the outgoing financial year, extending some breathing space to an economy struggling to keep its head above water amid the lingering crisis at home and abroad. 
27 June 2023, 00:00 AM