Govt re-imposes fumigation of US cotton

The government has re-imposed the provision of fumigation of US cotton at ports, official documents showed, a move that may increase the lead time and cost of production for importers.
30 April 2023, 18:00 PM

Air Astra joins Dhaka Travel Mart 2023 as title sponsor

Air Astra, the youngest private airline in Bangladesh, has been designated as title sponsor for the upcoming 18th International Tourism Fair, which is also known as Dhaka Travel Mart.
30 April 2023, 18:00 PM

Beximco’s profit falls for higher costs

Beximco Ltd logged a 33 per cent year-on-year decline in profit in the July-March period of the ongoing financial year owing to the sharp depreciation of the local currency and higher energy and freight costs. 
30 April 2023, 15:05 PM

Banks hike dollar prices for remitters, exporters

Bankers today decided to pay a total of Tk 110.70 to migrant workers and non-resident Bangladeshis for a US dollar from this week in order to encourage them to send foreign currency through formal channels, according to a meeting.
30 April 2023, 14:45 PM

Biscuit maker Olympic's profit jumps 42%

Local biscuits manufacturing giant Olympic Industries today said its profit jumped 42 per cent in the first three quarters of the current financial year of 2022-23, powered by increased sales revenue.
30 April 2023, 14:35 PM

DSE, CSE fall in morning trade

The indices of the Dhaka Stock Exchange (DSE) fell slightly in the morning trade today.
30 April 2023, 07:32 AM

Project for expanding artificial insemination of livestock delayed again

A project for expanding artificial reproduction and implementing embryo transfer technology in livestock farming has been delayed once again due to slow implementation.
30 April 2023, 04:30 AM

‘Compensation for workers’ deaths below per capita income’

The compensation for worker deaths due to factory accidents in Bangladesh is still lower than the per capita income of its nationals, according to the leader of a workers’ rights body.
30 April 2023, 04:00 AM

Eid tourism undaunted by higher costs, heatwave

Travellers were undeterred by the ongoing heatwave or higher accommodation and transport costs as tourist destinations across Bangladesh were bustling with activity during the recent holiday centring Eid-ul-Fitr.
30 April 2023, 03:30 AM

Pubali Bank aims to be a lifelong partner of clients

Riding on the reputation it has earned over the decades, Pubali Bank Ltd, one of the oldest banks in Bangladesh, is investing to build a robust digital infrastructure with a view to providing all financial services at the fingertips of customers and their doorsteps. 
30 April 2023, 03:00 AM

Foreign funds in stocks on the wane

Foreign investments in the Dhaka Stock Exchange have maintained a downward trend since 2018 despite the regulator’s efforts to retain existing investors and attract new ones.  
30 April 2023, 02:30 AM

Will BB’s lending rate-setting formula yield expected results?

The Bangladesh Bank has decided to implement a market-based interest rate from July, moving away from the 9 per cent interest rate cap on loans, an initiative that may help the central bank uses its policy rates effectively in its fight against higher inflation.   
30 April 2023, 02:00 AM

Meghna Bank, BFDS launch services for freelancers

Meghna Bank recently partnered with Bangladesh Freelancer Development Society (BFDS) to launch its new product “Freelancer Account Service Pack”.
29 April 2023, 18:00 PM

Saidul elected Jamuna Bank’s chairman

Md Saidul Islam has been elected as the chairman of Jamuna Bank Limited for a one-year term.
29 April 2023, 18:00 PM

StanChart wins International Business Magazine awards

Standard Chartered Bangladesh recently won the “Best CSR Bank” and “Most Innovative Digital Bank” awards of the UAE-based International Business Magazine.
29 April 2023, 18:00 PM

Local CEOs in global corporations

In our international business course, we were taught to differentiate between truly global, multinational, foreign and regional companies.
29 April 2023, 18:00 PM

Explore avenues to tax digital economy: CPD

Bangladesh should explore avenues on how to tax the country’s growing digital economy so that it can increase spending on urgent development needs and allocate more resources for priority sectors such as health and education, according to the Centre for Policy Dialogue (CPD).
29 April 2023, 18:00 PM

Renata's revenue growth offset by external factors

In Jul-Mar, the company’s sales rose 8.7%, but profit fell 33%
29 April 2023, 14:57 PM

Biman starts giving line training to foreign pilots

Biman Bangladesh Airlines has started a training programme for foreign pilots which will help the national flag carrier to earn foreign currency.
28 April 2023, 11:16 AM