Expressions celebrates 30yrs of operations

Advertising agency Expressions recently celebrated 30 years of operations. 
29 January 2023, 18:00 PM

Suzuki to invest $35b in EVs

Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said recently.
29 January 2023, 18:00 PM

Tea production falls 3% in 2022

Tea production in Bangladesh decreased by nearly 3 per cent year-on-year in 2022.
29 January 2023, 14:07 PM

‘Local conglomerates lost Tk 65,000cr for dollar price hike’

Bangladeshi conglomerates counted Tk 65,000 crore in losses in the last one year because of the fall of the local currency against the US dollar, which made loans costlier amid global economic volatility, a noted economist said today.
29 January 2023, 13:48 PM

Smart District Innovation Challenge launched for DCs

The government has launched special programme for the deputy commissioners (DCs), under which they will have to submit innovative ideas to build smart district as part of building a smart Bangladesh.
29 January 2023, 11:54 AM

DSE edges down, CSE inches up

The key index of the Dhaka Stock Exchange (DSE) fell slightly today, snapping a five-day gain.
29 January 2023, 11:27 AM

‘Reform banking sector to be a middle-income country by 2031’

The banking sector should go through holistic reforms to strengthen the country’s financial base in order to become an upper middle-income nation by 2031, Asian Development Bank’s Country Director Edimon Ginting said.
29 January 2023, 11:06 AM

USDA revises up Bangladesh’s rice production forecast

The US Department of Agriculture (USDA) has revised upward its forecast regarding Bangladesh’s rice production in the marketing year (MY) 2022-23 beginning from last May.
29 January 2023, 04:00 AM

Draft digital commerce act draws mixed reactions

A draft of the new digital commerce law has drawn mixed reactions from industry people and customers alike as some believe a legal framework is necessary to prevent fraud while others opined that it would lead to increased bureaucracy in the emerging sector.
29 January 2023, 03:30 AM

Gas price hike to fuel costs for ceramics makers

Production costs in the ceramics industry of Bangladesh will rise by up to 15 per cent due to a recent hike in the price of gas, which adds to the list of crises threatening the sector’s overall growth, according to manufacturers.
29 January 2023, 03:00 AM

Sugar prices edge up in wholesale market

Sugar prices edged up in the wholesale market of Bangladesh within days after refiners declared that they would sell the sweetener at higher prices from the first day of February.    
29 January 2023, 02:30 AM

Higher input, dollar costs take gloss off paint industry

Like other sectors, the paint industry in Bangladesh is in troubled waters as the US dollar crunch has made it difficult for manufacturers to import raw materials in line with their demand. 
29 January 2023, 02:00 AM

Indo-Bangla agriculture mechanisation show in Dhaka

The three-day “Indo-Bangladesh Agri Mechanisation Summit” kicked off at International Convention City Bashundhara in Dhaka on Friday.
28 January 2023, 18:00 PM

Grasshopper Group brings fire-resistant glass to market

Grasshopper Group of Companies (GGC), a diversified business group in Bangladesh, has brought fire-resistant glass to the local market.   
28 January 2023, 18:00 PM

Govt moves to frame logistics dev policy

The government has formed a 29-member committee to ensure an efficient transportation of goods and services and the overall development of the logistics sector in Bangladesh.
28 January 2023, 18:00 PM

Bproperty to merge with Digital Classifieds Group

Bproperty, a real estate solutions provider in Bangladesh, has announced that it will merge with Australian-based Digital Classifieds Group (DCG).
28 January 2023, 18:00 PM

Trade-based money laundering threat to economy

Trade-based money laundering (TBML) is a silent killer that is undermining the very foundations of Bangladesh’s economic growth. As an emerging economy and, more so, an expanding trading nation that is going through LDC graduation, Bangladesh is particularly vulnerable to TBML. This illicit activity is weakening financial institutions, eroding foreign currency reserves, and undermining international trade, leaving the country’s economy in shambles and stakeholders in despair.
28 January 2023, 18:00 PM

Trade thru Hili land port resumes after 2-day holiday

Export-import activities between Bangladesh and India through the Hili land port in Dinajpur resumed yesterday after a two-day holiday on the occasion of India’s Republic Day.
28 January 2023, 18:00 PM

Brac Bank launches ‘Borenno’ for SME customers

Brac Bank has launched a premium banking service styled “Borenno” for clients in the small and medium enterprise (SME) industry.
28 January 2023, 18:00 PM

Standard Bank gets ‘gold rank’ for sustainability report

Standard Bank Limited (SBL) has been awarded “gold rank” for its sustainability report by the Asia Sustainability Reporting Rating-2022’.
28 January 2023, 18:00 PM