Asian University for Women, BGMEA team up for higher studies of female RMG workers

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Asian University for Women (AUW) entered into a new partnership to pave the way for female garment workers in Bangladesh to fulfill their dreams of higher studies.
22 January 2023, 14:16 PM

Don’t let war create food insecurity: Razzaque urges global leaders

Agriculture Minister Muhammad Abdur Razzaque has urged the developed countries to keep the food and agricultural inputs out of the purview of war and sanctions.
22 January 2023, 13:15 PM

'WB will continue to support Bangladesh’s ICT sector'

The World Bank will continue its cooperation and support in the development of the country’s ICT sector.
22 January 2023, 12:55 PM

Stocks inch up

Stocks in Bangladesh rose slightly in the morning session today.
22 January 2023, 06:11 AM

Wheat acreage expands on record prices

Farmers, buoyed by soaring prices of flour in the domestic market because of the decline in imports, have brought more areas under wheat cultivation this season in a welcoming development.  
22 January 2023, 04:00 AM

Exports dip in first half of current fiscal year

Exports of light engineering equipment, including stainless-steel and iron ware, from Bangladesh have decreased in the first six months of the current fiscal year compared to the same period the year before.
22 January 2023, 03:30 AM

Navigating through rough waters

2023 is already here and no doubt, the last three years have been rough for Bangladesh. It is almost as though a ship at sea navigating and making its way through rough waters during a storm.
22 January 2023, 03:00 AM

Gas, power price hike: Pharma sector fears 25% rise in production cost

Medical treatments are about to get costlier as production cost for manufacturing  drugs will go up by at least 25 per cent following a recent hike in gas and power charges, according to manufacturers.
22 January 2023, 02:30 AM

State banks’ core business in the red

Four state-run commercial banks (SCBs) in Bangladesh are struggling to generate revenue from their core business of lending due to voluminous non-performing loans and the lending rate ceiling.
22 January 2023, 02:00 AM

Adopt policies for marginalised communities

The government should adopt policies to protect the rights of ethnic minorities and the transgender community, one of the poorest and most marginalised population groups in Bangladesh, in order to accelerate poverty reduction, a new report said.
21 January 2023, 18:00 PM

WTO sticks with 1pc projection for growth in global trade

The head of the World Trade Organization (WTO) said on Friday it was sticking with its 1 per cent projection for global trade growth in 2023 - for now.
21 January 2023, 18:00 PM

US home sales slump to 12-year low

US existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious optimism that the embattled housing market could be close to finding a floor.
21 January 2023, 18:00 PM

Talent shortage rules in tight labour markets

Talent shortages in key sectors are likely to remain a feature of Western economies left with persistently tight labour markets in the wake of the coronavirus pandemic, global staffing company ManpowerGroup said.
21 January 2023, 18:00 PM

Reaching financial inclusion goal to take 200 years at current pace

Reaching the financial inclusion goal would take 200 years for Bangladesh if the country keeps working at the current pace in the area, said Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management (BIBM), yesterday.    
21 January 2023, 18:00 PM

AUW launches apparel school with HSBC

The Hongkong and Shanghai Banking Corporation (HSBC) and The Asian University for Women (AUW) yesterday jointly launched an “HSBC-AUW School of Apparel and Retail Management” at the educational institution. 
21 January 2023, 18:00 PM

Xiaomi motherboards now being made locally

Xiaomi, a Beijing-based global smartphone brand, recently announced that the motherboards used in its handsets are now being produced in Bangladesh as the company looks to increase value-addition in the country’s nascent mobile manufacturing industry.
21 January 2023, 18:00 PM

Tough for small factories to survive without layoffs: DCCI

The recent gas and electricity price hikes will push up the production cost of small businesses, said Sameer Sattar, president of the Dhaka Chamber of Commerce and Industry (DCCI), at an event yesterday.
21 January 2023, 18:00 PM

Reaching financial inclusion goal to take 200 years at current pace

Reaching the financial inclusion goal would take 200 years for Bangladesh if the country keeps working at the current pace in the area, said Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management (BIBM), today. 
21 January 2023, 12:51 PM

Cut energy prices when global rates fall: DCCI

The global economic crisis and supply shortage may fuel energy prices in Bangladesh, but the local rates should be adjusted and decreased when the international prices fall, Dhaka Chamber President Barrister Md Sameer Sattar said today.
21 January 2023, 12:39 PM

‘Dhaka inflation was 11.08% last year, highest since 2011’

The average annual inflation in 2022 in Dhaka megacity was 11.08 per cent, a record high since 2011 with the middle-income group suffering most, said Consumers Association of Bangladesh (CAB) said today.
21 January 2023, 09:51 AM