‘Everyone should stay aware of rules’

Local fashion brands with large-scale operations typically add price tags from their factories or warehouses before delivering products to showrooms, according to Shaheen Ahmed, president of the Fashion Entrepreneurs Association of Bangladesh, yesterday. 
2 April 2023, 04:00 AM

New Bank Company Act: can it heal the wounds?

 Last week the cabinet of Bangladesh okayed the draft Bank Company Act 2023 with an expressed intention to improve financial governance in our country. It was desired that if implemented properly, it could have major consequences for popularly known willful loan defaulters as well as the way our bank boards are formed and run.
2 April 2023, 03:30 AM

World’s greenest factory: making clothes, caring for nature

While passing through Nijhury Baraid Bazar, Bhaluka, around 100 kilometres north of Dhaka, anyone would spot the factory building on the side of the road.
2 April 2023, 03:00 AM

Unemployment rate keeps raising eyebrows

Masudur Rahman completed his post-graduation in economics from Sirajganj Government College last year.
2 April 2023, 02:30 AM

Cargo movement thru waterways plunges

Inland water cargo vessel operations in Bangladesh declined 30 per cent over the past eight months as imports have fallen significantly amid global economic uncertainties stemming from the ongoing Russia-Ukraine war, according to industry insiders.
2 April 2023, 02:00 AM

Export trophy policy amended

The commerce ministry has published an amended national export trophy policy raising the minimum value of products and services that have to be exported for eligibility alongside bringing more goods and services under its purview. 
1 April 2023, 18:00 PM

Gold flirting with highs near Tk 1 lakh

The price of 22-carat gold has gone up in Bangladesh for the second time in about a week, reaching a record-high of nearly Tk 1 lakh per bhori (11.66 grammes).
1 April 2023, 18:00 PM

Postal savings accounts should be opened online from July

Savers will not be able to open accounts at post offices manually from the first day of July this year, said the Internal Resources Division (IRD) in a notification.
1 April 2023, 18:00 PM

Brac Bank wins Dhaka Wasa award

Brac Bank has won a Dhaka Water Supply and Sewerage Authority (Dhaka Wasa) award over the collection of online bills. 
1 April 2023, 18:00 PM

Gold rises to Tk 99,144 a bhori, new record

The new rate will be effective from April 2
1 April 2023, 10:53 AM

How Asia can ease scarring from lower investment, employment and productivity

The pandemic, coupled with trade disruptions and Russia’s war on Ukraine, caused lasting harm to Asia-Pacific economies, damaging growth, productivity, and investment.
1 April 2023, 06:51 AM

Price falling trend of essentials to continue: Tipu Munshi

Commerce Minister Tipu Munshi has said the prices of many essential commodities have already come down and the trend may continue to further ease the situation.
31 March 2023, 14:08 PM

Bangladesh reiterates demand for extension of benefits

Bangladesh has again demanded that the European Union (EU) extend its trade facilities meant for least developed countries (LDC) for six more years instead of three years to ensure the country’s smooth graduation to a developing nation.  
31 March 2023, 03:00 AM

Govt prepares guideline on non-native shrimp farming

The government has formulated a guideline for the commercial cultivation of non-native vannamei shrimp in a bid to increase export earnings from the sector, strengthen its presence in international markets and improve domestic supply.
31 March 2023, 02:30 AM

Borrow more from non-bank sources

The central bank has said the government will have to borrow more from non-banking sources to finance its expenditures in a bid to rein in higher inflationary pressures as the latter’s bank borrowing surged.
31 March 2023, 02:00 AM

Two firms to provide internet in 2,600 unions

The government has awarded Summit Communications and Fiber@Home the task of providing high-speed internet connections in 2,600 unions across Bangladesh.
30 March 2023, 18:00 PM

Garment export to EU soars 36%

Bangladesh’s apparel export to the European Union increased 35.69 per cent year-on-year in 2022, according to data from the Eurostat.
30 March 2023, 18:00 PM

Great resignation to unprecedented tech layoffs

A college friend who was once an outstanding student failed to do well in his IT career. His family of two university students barely managed with his single income until the pandemic.
30 March 2023, 18:00 PM

Don’t change price tags at outlets

The Directorate of National Consumers Right Protection (DNCRP) would close the outlets of fashion brands for a temporary period if it finds any price gun machines during drives, officials of the watchdog said yesterday.
30 March 2023, 18:00 PM

E-payment made mandatory for taxes

The National Board of Revenue (NBR) has made electronic payment mandatory for all types of taxes in order to ensure real-time receipt and improve government’s overall cash flow.
30 March 2023, 18:00 PM