Volatile commodity prices reduce growth and amplify swings in inflation

Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the volatility of commodity prices as well.
30 March 2023, 06:49 AM

Dhaka, Chattogram stocks open higher

The prime indices of Dhaka and Chattogram bourses rose in the morning trade today.
30 March 2023, 06:17 AM

Maize farming leading char farmers to financial stability

About two decades ago, farmers in remote char areas of northern Bangladesh were quite impoverished due to the consequences of repeated flooding and other natural disasters.
30 March 2023, 03:00 AM

Agri ministry takes Tk 7,214cr project

The agriculture ministry is planning to take up a Tk 7,214 crore project to promote crop diversification and ensure food safety, aiming to gradually reduce the country’s dependency on imports. 
30 March 2023, 02:30 AM

Business process outsourcing industry growing steadily

Bangladesh’s business process outsourcing industry is growing steadily, creating jobs and bringing in foreign currencies, but the growth has failed to live up to expectations due to a lack of human resources and language skills among graduates. 
30 March 2023, 02:00 AM

DBH Finance’s profit falls in 2022

DBH Finance PLC reported a 2.62 per cent year-on-year decrease in profit to Tk 101.59 crore in the financial year that ended on December 31.
29 March 2023, 18:00 PM

Beza, China chamber sign MoU to brand Bangladesh

Bangladesh Economic Zones Authority (Beza) and the Bangladesh China Chamber of Commerce and Industry (BCCCI) signed a memorandum of understanding (MoU) yesterday over promoting and branding Bangladesh globally and attracting foreign investment at economic zones. 
29 March 2023, 18:00 PM

Islami Bank working to restore depositors’ confidence

Islami Bank Bangladesh Ltd (IBBL) is working to restore depositors’ confidence by way of waging campaigns, said its managing director Mohammed Monirul Moula. 
29 March 2023, 18:00 PM

Insurance may be made mandatory for all vehicles

The government is likely to make insurance mandatory for all types of vehicles, including motorcycles, cars and buses.
29 March 2023, 18:00 PM

‘Debt servicing a concern’

Around 18 per cent of Bangladesh’s revenue is currently spent on debt servicing each year, creating a concern for the economy, according to Syed M Ahsan, professor emeritus at Concordia University in Canada.
29 March 2023, 18:00 PM

Stocks back on the uptick after two-day loss

Stocks in Bangladesh yesterday returned to the green after a two-day slip while turnover of the Dhaka Stock Exchange (DSE) also rose.
29 March 2023, 18:00 PM

Monzur becomes MD of Jalalabad Gas Transmission

Monzur Ahmad Chowdhury became the managing director of state-owned Jalalabad Gas Transmission and Distribution System Limited (JGTDSL), a company of Petrobangla, on Tuesday.
29 March 2023, 18:00 PM

Farmer wins Tk 1 lakh products buying Marcel fridge

Sanowar Hossain, a farmer of Alamdanga upazila in Chuadanga, won Marcel branded electronics products worth Tk 1 lakh as a winner of Marcel’s ongoing “Digital Campaign Season-17” buying a Marcel refrigerator.
29 March 2023, 18:00 PM

Bank loan disbursement to poultry, livestock rises

Banks disbursed a higher amount of loans to the poultry and livestock sector in the first seven months of the current fiscal year compared to the same period a year ago, according to data by Bangladesh Bank.
29 March 2023, 18:00 PM

Police urged to restrict Alliance Capital’s MD from leaving Bangladesh

The enquiry committee found that Islam illegally transferred Tk 45.07 crore from mutual funds
29 March 2023, 13:56 PM

IFIC Bank shortens name, assumes PLC suffix

The change came into effect yesterday.
29 March 2023, 11:36 AM

US-based Venture37, City Bank Capital to help develop local cold chain infrastructure

The partnership will focus on increasing investment opportunities in cold chain networks, warehousing systems, energy-efficient investment for cold storage and temperature-controlled logistic services.
29 March 2023, 11:12 AM

DSE, CSE inch up in morning trade

Stocks on Dhaka and Chattogram bourses rose slightly in the morning trade today.
29 March 2023, 07:09 AM

Monthly food expense rises 51% in four years: CPD

The average monthly food expense for a four-member household in Dhaka has increased by up to 51 per cent over the past four years due to persisting high inflation, according to a study by the Centre for Policy Dialogue (CPD).
29 March 2023, 03:30 AM

Remittance CHANGING rural economy of Bangladesh

Supported by remittance, the families of Bangladeshi migrant workers are playing a crucial role in developing the country’s rural economy by not only purchasing goods, but also investing in different small-scale income generating opportunities, according to experts.
29 March 2023, 03:00 AM