Smartphone shipment shrinks

The smartphone market in Bangladesh witnessed a double-digit decline for the first time in seven years in 2022 while the feature phone market grew slightly at the same time, according to the latest Market Monitor report by Counterpoint Research.
21 February 2023, 03:00 AM

Fabrics market swells on rising consumption

Rising per capita income, stricter anti-smuggling measures and the production of value-added apparel items have catapulted Bangladesh’s annual yarn and fabrics sales to $9 billion
21 February 2023, 02:30 AM

Eight banks face provision shortfall of Tk 19,048cr

Eight banks in Bangladesh faced a collective provisioning shortfall of Tk 19,048 crore in 2022, creating a risk for their depositors. 
21 February 2023, 02:00 AM

Pumpkin farming spreading in Barishal’s chars

Pumpkin has become the most favoured crop among farmers based along the Arial Kha river in Barishal as the popular variety of winter squash brings better returns compared to other crops.
20 February 2023, 18:00 PM

Global securities regulators to meet in Dhaka tomorrow

A two-day meeting of Asia Pacific Regional Committee (APRC) of the International Organization of Securities Commissions (IOSCO) is going to be held in Dhaka from tomorrow. 
20 February 2023, 18:00 PM

BSEC to go for automation to curb manipulation

The Bangladesh Securities and Exchange Commission (BSEC) will go for full automation of all its process so that manipulation of stocks can be curbed in the market. 
20 February 2023, 18:00 PM

DSE gets four new independent directors

The Bangladesh Securities and Exchange Commission (BSEC) has approved the inclusion of four independent directors in the new board of the Dhaka Stock Exchange (DSE).
20 February 2023, 18:00 PM

Vietnam shoe maker for Nike, Adidas to cut 6,000 jobs

One of Vietnam’s largest shoe manufacturers for major brands such as Nike and Adidas will cut thousands of workers at the end of the month due to a slump in orders, according to local authorities.
20 February 2023, 18:00 PM

Bangladesh’s plastic exports just 0.1% of global sales

Though growing locally, the country’s plastic sector accounts for just 0.1 per cent of global sales, which industry players blame on low inflow of foreign investment. 
20 February 2023, 18:00 PM

bKash wins 4 awards at Bangladesh Innovation Award

Mobile finance service provider bKash has won four awards for innovative and creative services in four categories conferred by Bangladesh Innovation Conclave at Bangladesh Innovation Award 2023. 
20 February 2023, 18:00 PM

Singer opens service centre in Bhairab

Singer Bangladesh has inaugurated a service centre in Bhairab and announced that it would add two new service vans in its fleet to ensure prompt and hassle-free services for customers. 
20 February 2023, 18:00 PM

Digitalise int’l trade: ICCB

The International Chamber of Commerce (ICC) Bangladesh has suggested that the government bring about appropriate policy changes through Bangladesh Bank to digitalise Bangladesh’s trade with countries abroad in context of the state of local and global economies. 
20 February 2023, 18:00 PM

Prime Bank, ITFC sign master murabaha agreement

Prime Bank has signed a three-year master murabaha agreement with International Islamic Trade Finance Corporation (ITFC) under which the latter will provide a trade facility against letters of credit issued by the former.
20 February 2023, 18:00 PM

Stocks bleed as investors seek to avoid losses

Daily turnover, which indicates how much trade took place in the session, rose 14.6 per cent to Tk 326 crore
20 February 2023, 18:00 PM

Exporters to get Tk 103.5 per USD for Dec-Jan export proceeds

The rate will be applicable for shipments of December and January
20 February 2023, 16:19 PM

West Bengal wants to invest in Bangladeshi economic zones

A 20-member team of Bengal Chamber of Commerce and Industry is now visiting Bangladesh
20 February 2023, 14:57 PM

Bangladesh aims to occupy 3% of global plastic market by 2030: BPGMEA

International Plastic Fair-2023 begins in Dhaka on February 22
20 February 2023, 14:01 PM

BSEC going for full automation to reduce stock manipulation

A two-day meeting of International Organization of Securities Commissions will begin in Dhaka on February 22
20 February 2023, 13:32 PM

Stocks fall in early trading

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged down 3 points at 11:36 am
20 February 2023, 05:59 AM

Agent banking transactions climb over 46% in 2022

Transactions through agent banking accounts rose more than 46 per cent to Tk 673,069 crore in 2022 in Bangladesh riding on the increased use of the fast-expanding banking window, official figures showed. 
20 February 2023, 03:30 AM