RFL Group opens 2nd bicycle factory

RFL Group opened its second bicycle factory in Rangpur’s Gangachara upazila to meet the growing demand in both local and export markets.
15 December 2022, 18:00 PM

Giving feedback to your boss

On their way to lunch, the chief financial officer (CFO), the chief human resources officer (CHRO) and their boss stumble on a beaten-up but valuable-looking brass container.
15 December 2022, 18:00 PM

Household survey to end by Dec 31

Data collection for the Household Income and Expenditure Survey (HIES)-2022 is going to be complete within December 31 this year, according to Project Director Mohiuddin Ahmed.
15 December 2022, 18:00 PM

Palm oil price cut by Tk 4, soybean Tk 5

The retail price of palm oil has been reduced by Tk 4 while soybean oil by Tk 5 a litre in the country. 
15 December 2022, 18:00 PM

Dhaka, Ctg hold over 80% bank deposits

Dhaka and Chattogram divisions account for more than 80 per cent of the total deposits in the banking system thanks to a large flow of savings from state-run enterprises and higher economic activity.
15 December 2022, 18:00 PM

50% of manpower semi-skilled, unskilled in advanced IT

Around 50 per cent of Bangladesh’s manpower are either semi-skilled or unskilled in advanced technologies like geographic information systems, business process outsourcing, artificial intelligence, Internet of Things and robotics, an economist said today.
15 December 2022, 15:32 PM

Women’s access to financial services rises

The gap in access to financial services between men and women dropped to 4 percentage points for the first time in the past decade, according to the Global Findex Database 2021.
15 December 2022, 13:19 PM

RFL Group opens second bicycle factory in Rangpur

RFL Group opened its second bicycle factory in Rangpur’s Gangachara to meeting the growing demand in the local and export markets.
15 December 2022, 11:49 AM

Stocks fall for second day

Stocks in Bangladesh fell slightly today stretching the loss to the second straight day.
15 December 2022, 11:41 AM

Stocks fall for second day

Stocks in Bangladesh fell for the second straight day today.
15 December 2022, 06:56 AM

High-value exotic fruits make a splash

The production of some high-value exotic fruits in Bangladesh has increased significantly in the past several years as many farmers have jumped on the bandwagon of growing them commercially since they fetch higher profits. 
15 December 2022, 03:30 AM

Non-banks facing uphill battle

What started with lease financing, progressively diversified into term lending, working capital financing, corporate advisory, housing finance, merchant banking, equity financing and finally took the name of today’s non-banking financial institution (NBFI).
15 December 2022, 03:00 AM

Bepza moves to stop use of fake import permits

Bangladesh Export Processing Zones Authority (Bepza) has taken a number of steps, including connecting to customs management software, to prevent the use of fake import permits following the detection of such malpractices this year. 
15 December 2022, 02:30 AM

Making packaging materials: Akij Group’s Tk 1,000cr investment at risk

With the aim of catering to the growing local market and diversifying the country’s export basket, Akij Group invested more than Tk 1,000 crore in setting up a plant to produce films for packages.
15 December 2022, 02:00 AM

Stocks snap three-day gains

The Dhaka and Chattogram stock exchanges snapped a three-day advance yesterday after investors booked profits.  
14 December 2022, 18:00 PM

Tourist SIM in the offing

The telecom regulator is going to introduce a “tourist SIM” for foreign travellers coming to Bangladesh. 
14 December 2022, 18:00 PM

Banks asked to levy minimum LC margin

The central bank has asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for rice and wheat in order to keep their prices at a tolerable level in the domestic market and ensure smooth supply.
14 December 2022, 18:00 PM

Need to diversify products, markets: MCCI

Bangladesh needs to diversify its export basket and seek out new markets in order to prevent potential losses after graduating from the list of least developed countries (LDC), according to Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry (MCCI).
14 December 2022, 18:00 PM

BJMC gets better response for leasing jute mills

The jute ministry has received a total of 37 proposals from the private sector for leasing 13 state-owned mills after it said textiles could be produced at the mills apart from jute goods, officials said yesterday.
14 December 2022, 18:00 PM

Need to diversify products, markets ahead of LDC graduation: MCCI

Bangladesh needs to diversify its export basket and seek out new markets in order to prevent potential losses after graduating from the list of least developed countries (LDC), according to Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry (MCCI).
14 December 2022, 13:14 PM