Lifting of mandatory fumigation of US cotton to boost trade

The lifting of the rule of mandatory fumigation of US cotton by Bangladesh has created a huge bilateral trade opportunity, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
30 May 2023, 18:00 PM

Grameen Uniqlo shuts down ahead of schedule

Clothing brand Grameen Uniqlo yesterday shut down all their 10 outlets in Bangladesh, including eight in Dhaka, ahead of their June 18 scheduled closure due to “stock unavailability”. 
30 May 2023, 18:00 PM

Meheriar M Hasan becomes Brac Bank chairman

Meheriar M Hasan, a nominated director of the Brac Bank Board, has been elected as the chairman of Brac Bank Limited, effective from Tuesday.
30 May 2023, 18:00 PM

Most mobile data users want fixed floor price, fewer packages

Setting a fixed floor price for data, decreasing the number of packages and providing flexible plans that carry forward are priority demands of mobile internet users in Bangladesh, according to a survey.
30 May 2023, 18:00 PM

Saiful joins Shahjalal Islami Bank as DMD

MM Saiful Islam has joined Shahjalal Islami Bank Limited (SJIBL) as a deputy managing director (DMD) on Monday.
30 May 2023, 18:00 PM

Oil price falls 2% on debt deal struggles

Oil fell by nearly 2 per cent on Tuesday as concerns about the US debt ceiling pact cooled the market’s risk-on sentiment and mixed messages from major producers clouded the supply outlook ahead of their meeting this weekend.
30 May 2023, 18:00 PM

Guidelines for NBFIs to step up fight against money laundering

The Bangladesh Financial Intelligence Unit (BFIU) yesterday issued guidelines for non-bank financial institutions (NBFIs) to tackle money laundering and terrorist financing and asked them to draw up separate regulations. 
30 May 2023, 18:00 PM

Stocks return to black

Key indices with the Dhaka Stock Exchange (DSE) returned to the black yesterday just after falling for a single session the previous day.
30 May 2023, 18:00 PM

India’s lack of jobs threatens its young

On a hot summer afternoon, 23-year old Nizamudin Abdul Rahim Khan is playing cricket on a muddy, unpaved road in the Rafiq Nagar slum in India’s financial capital, Mumbai.
30 May 2023, 18:00 PM

Buy yarn, fabrics from local mills

Textile millers in Bangladesh yesterday urged woven and knitwear exporters to buy a portion of their required yarn and fabrics from local markets so that they can overcome the current crisis situation and help save the country’s foreign reserve.
30 May 2023, 18:00 PM

Envoy Textiles’ AGM postponed

Export-oriented listed company Envoy Textiles Ltd has indefinitely postponed an annual general meeting scheduled to be held on June 26, when a dividend for shareholders was scheduled to be approved, till a case involving its directors was disposed of.
30 May 2023, 18:00 PM

Policy coordination to yield better budgetary outcomes

Sharper, flexible and timely coordination among fiscal, monetary and trade policies of Bangladesh will yield improved stabilisation outcomes, said Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue.
30 May 2023, 18:00 PM

'Lifting of mandatory fumigation will boost bilateral trade'

BGMEA president says in meeting with Cotton USA top officials
30 May 2023, 15:41 PM

Moody's downgrades Bangladesh's credit rating

Its now B1 from the earlier Ba3
30 May 2023, 13:36 PM

Grameen Uniqlo shuts down ahead of schedule

All outlets were supposed to be closed on June 18
30 May 2023, 13:05 PM

Meheriar M Hasan, new chairman of Brac Bank

With effect from today, Hasan replaced Ahsan H Mansur
30 May 2023, 12:17 PM

HC rejects Robi Axiata's petition in former CEO's lawsuit

Robi now has to give answer to Mahtab's lawsuit
30 May 2023, 10:30 AM

Stocks return to black

Turnover, however, fell by 16%
30 May 2023, 09:42 AM

Garment makers urged to buy yarn from local market

Textile millers made the demand today
30 May 2023, 08:20 AM

Small furniture makers up the creek

Small wooden furniture businesses in Bangladesh are facing a deep financial crisis as the demand for their products has fallen drastically, according to market players.
30 May 2023, 04:00 AM