Bangladesh’s forex reserves to hit 4-year low in FY23: IMF

Bangladesh’s gross foreign exchange is likely to stand at $30 billion at the end of 2022-23 fiscal year, lowest in four years, according to the International Monetary Fund (IMF).
31 January 2023, 13:50 PM

Dhaka trade fair fetches Tk 300 crore in export orders

The 27th edition of the Dhaka International Trade Fair (DITF) came to an end today and it fetched export orders worth Tk 300 crore.
31 January 2023, 13:22 PM

Onnessa, business advisory platform for women, launched

Onnessa, a new one-stop business advisory platform for Bangladeshi women entrepreneurs, was launched today to expand economic opportunities for women in the country.
31 January 2023, 12:31 PM

Dhaka stocks keep falling

All indexes of the Dhaka Stock Exchange (DSE) fell today for the third consecutive session.
31 January 2023, 11:47 AM

Stocks open lower

All indexes of the Dhaka Stock Exchange (DSE) fell in the morning session today.
31 January 2023, 05:39 AM

Sustainability reporting for transparency

Sustainability reporting is an essential tool for banking institutions in Bangladesh as it provides a comprehensive overview of the environmental, social, and governance issues that affect their operations.
31 January 2023, 04:00 AM

DITF participants see lower sales for second year running

The 27th edition of the Dhaka International Trade Fair (DITF), which ends today at its new venue in Dhaka’s Purbachal, may have seen a higher turnout but overall sales were lower compared to when the monthlong event was held in Agargaon, according to participants.
31 January 2023, 03:30 AM

Universal pension scheme: What it is and how it will work

Bangladesh made a major step towards a universal pension scheme when parliament passed the Universal Pension Management Bill-2022 on January 24 with a view to bringing the country’s growing elderly population under a social security system.
31 January 2023, 03:00 AM

Runner to launch locally-made auto-rickshaws

Runner Automobiles is all set to launch the country’s maiden “Made in Bangladesh” three-wheeled auto-rickshaw on February 11. 
31 January 2023, 02:30 AM

Dollar crisis puts textile millers in a tight spot

The ongoing dollar shortage in the banking sector is posing a threat to local textile millers and spinners as they are in trouble in opening letters of credit (LCs) to import raw materials and cotton to feed the country’s readymade garment industry. 
31 January 2023, 02:00 AM

Agrani Bank honours RU meritorious students

A total of 96 students who secured first position in various departments of the University of Rajshahi have been awarded “Bangabandhu Swarna Padak, Agrani Bank”. 
30 January 2023, 18:00 PM

2 more RMG factories get green certification

Two more garment factories in Bangladesh have received the Leadership in Energy and Environmental Design (LEED) certification from the United States Green Building Council (USGBC) for their green initiatives in apparel manufacturing.
30 January 2023, 18:00 PM

Two concerns of Beximco post lower profits

Both Beximco Limited and Beximco Pharmaceuticals logged lower profits in the July-December period of fiscal 2022-23 as raw materials became costlier following the taka’s depreciation against the US dollar.
30 January 2023, 18:00 PM

Atlas loss extends

Atlas Bangladesh Ltd suffered a loss of Tk 2.72 crore in the first quarter of the current financial year.    
30 January 2023, 18:00 PM

Adani firms lose $65b in value

Most Adani Group shares fell sharply on Monday as the Indian conglomerate’s rebuttal of a US short-seller’s criticism failed to pacify investors, deepening a market rout that has now led to losses of $65 billion in the group’s stock values.
30 January 2023, 18:00 PM

GP profits down by Tk 400cr

Grameenphone’s profits dropped by around Tk 400 crore in 2022 mainly due to a ban on the sale of its SIM for six months. 
30 January 2023, 18:00 PM

Businesses suffer for C&F agents’ 7-hour strike

Import-export activities at all customs stations across Bangladesh, including Chattogram port, were suspended for about seven hours yesterday as clearing and forwarding (C&F) agents observed a strike from 9:00am to 4:00pm to drive home their eight-point demand.
30 January 2023, 18:00 PM

SIBL’s chairman, AMD resign

Social Islami Bank Limited’s Chairman Md Mahbub Ul Alam and Additional Managing Director Abu Reza Md Yeahia resigned last week.
30 January 2023, 18:00 PM

JBCCI stresses Japan-Bangladesh partnership deal

A delegation of the Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) led by its president, Hikari Kawai, made a courtesy call on Commerce Minister Tipu Munshi at his secretariat office in Dhaka yesterday. 
30 January 2023, 18:00 PM

Global Islami Bank launches Mudarabah savings account

Global Islami Bank has launched a “Mudarabah” savings account titled “Ehsan” to offer banking services to marginalised communities of the country. 
30 January 2023, 18:00 PM