Chaldal raises Tk 5cr

Online grocery platform Chaldal has raised Tk 5 crore in funding from Startup Bangladesh, the first government-backed and flagship venture capital fund. 
23 August 2022, 18:00 PM

Ex-CEO Mahtab sues Robi, seeks Tk 227cr

Mahtab Uddin Ahmed, a former chief executive officer of Robi Axiata Ltd, has filed a lawsuit against the telecom operator, its board chairman and former group CEO seeking Tk 227 crore in retirement benefits and compensation for ‘wrongful dismissal’. 
23 August 2022, 18:00 PM

DSE managing director resigns

Dhaka Stock Exchange Managing Director Tarique Amin Bhuiyan has resigned from his position, said a top official of the prime bourse of Bangladesh today.
23 August 2022, 16:00 PM

Stocks continue rising

Stocks continued to rise for the six consecutive day today as the investors are now expecting a bull run in the days to come.
23 August 2022, 11:26 AM

Former Robi CEO Mahtab files Tk 227 crore suit against Robi

Mahtab Uddin Ahmed, former managing director and chief executive officer (CEO) of Robi Axiata, has filed a suit against the telecom operator, its board chairman and former group CEO seeking Tk 227 crore in retirement benefits and damages for 'wrongful dismissal'.
23 August 2022, 10:42 AM

Stock market trading to start at 9:30 am from tomorrow

From tomorrow, stock market trading in Bangladesh will start at 9.30 am, half an hour earlier than the stipulated schedule.
23 August 2022, 10:08 AM

Dhaka stocks keep rising

Shares on the Dhaka Stock Exchange (DSE) rose for the sixth consecutive trading day today.
23 August 2022, 06:26 AM

Stocks turnover hits 7-month high

Turnover on the Dhaka Stock Exchange surged by around 40 per cent to Tk 1,477 crore yesterday thanks to the increased participation of general investors, who were optimistic about a potential bull run.
23 August 2022, 03:45 AM

Canada-China firm to invest $91m in Ishwardi EPZ

Big Dipper Textile Mills, which is owned by a Canada-China enterprise, will invest $91.15 million in the Ishwardi Export Processing Zone (IEPZ) to set up a textile factory. 
23 August 2022, 03:30 AM

Prepare to gain bigger share of EU export market: experts

Bangladesh needs to prepare to grab a bigger slice of the European Union’s export market as China may lose 8 to 10 per cent of its share within the next few years due to global geopolitical changes, an economist said yesterday.
23 August 2022, 03:15 AM

Punish egg market manipulators

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has demanded punitive measures against anyone found manipulating prices in the domestic egg market.
23 August 2022, 03:00 AM

Cotton use likely to remain unchanged

Bangladesh’s cotton consumption may remain unchanged in the year from August 2022 to July 2023 owing to lower-than-expected imports, said the US Department of Agriculture (USDA) recently.
23 August 2022, 02:45 AM

Another digital vision with many still unconnected

The government is gearing up to implement a new “Smart Bangladesh” vision by 2041 with the belief that a preceding “Digital Bangladesh” had been realised by 2021.
23 August 2022, 02:30 AM

Profit declines for insurers

Most of the listed non-life insurance companies in Bangladesh posted lower profits in the first half of 2022 largely due to a decrease in premium incomes from their marine insurance segment as the country moved to curb imports.  
23 August 2022, 02:15 AM

India’s inflation may ease below 6pc

India’s headline retail inflation may ease below 6 per cent by the fourth quarter of this financial year, bringing an end to the current cycle of rate hikes, analysts said over the weekend.
22 August 2022, 18:00 PM

Bank Asia organises workshop for officials

Bank Asia has organised a workshop on “Trust Fund Management in Payment and Settlement Services” at the Bank Asia Institute for Training and Development (BAITD) at Lalmatia in Dhaka recently. 
22 August 2022, 18:00 PM

Meghna Bank, Khulna Development Authority sign MoU

Meghna Bank Ltd and KDA School & College, an educational institute established by the Khulna Development Authority (KDA), signed a memorandum of understanding (MoU) at the KDA office in Khulna recently.
22 August 2022, 18:00 PM

‘Dealers to lose licence for artificial fertiliser crisis’

Dealers will lose their trade licence if they try to create a fertiliser crisis in the country as there is enough of it in stock to meet the demand until January next year, Agriculture Minister Muhammad Abdur Razzaque said yesterday.
22 August 2022, 18:00 PM

‘Dealers to lose licence for artificial fertiliser crisis’

The dealers will lose trade licence if they try to create fertiliser crisis in the country, as Bangladesh has enough stock of it to meet its demand until January next year, Agriculture Minister Muhammad Abdur Razzaque said today.
22 August 2022, 14:56 PM

Punish egg price manipulators: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the government to take punitive measures against the egg price manipulators.
22 August 2022, 13:13 PM