Four associations, including BGMEA, sent joint letter to the power adviser

The government yesterday asked the banks that financed the embattled Beximco Group to submit information regarding the collateral kept by the group against the loans..The directive was given at a meeting among the secretaries of some ministries and senior officials of nine banks..At

The five-day show, Ambiente 2025, will begin on February 7

FBCCI administrator urges Bangladesh Bank

Farm and rural loan disbursements by banks fell by more than one-fifth in the first four months of fiscal year (FY) 2024-25, owing to a dip in the flow of credit mainly from foreign and private banks..Banks lent Tk 9,391 crore in the July-October period of this fiscal year, according to da

He made the comment at an AmCham dialogue

Higher wages and currency depreciation caused the profit to fall

Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.

Edible oil refiners have withdrawn a decision to increase prices of soybean and palm oil before Ramadan. .On January 21, the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association wrote a letter to the commerce secretary, informing that they would not be increasing the

Bangladesh Bank will float it in March this year

Stockbrokers yesterday requested the Chittagong Stock Exchange (CSE) to refrain from opening half an hour ahead of the Dhaka Stock Exchange (DSE) for trading, reasoning that it may lead to massive fluctuations once the two synced..The number of stocks traded at the CSE is just 5 percent of

Veon CEO Kaan Terzioglu revealed the plan during an interview with Bloomberg at the World Economic Forum in Davos.

Mostofa Azad Chowdhury Babu is the managing director of Chashi Cold Storage Limited

The five-year SME Policy is scheduled to come into effect in July this year and end in June 2030

Thousands of workers held a mass rally yesterday in Gazipur, demanding the reopening of all 16 factories which were shut down within the Beximco Industrial Park.

The National Board of Revenue (NBR) has allowed the use of nine more customs stations for the import of potatoes, specifically from Nepal and Bhutan, aiming to diversify supply sources and reduce dependency on India..The nine stations include Rohonpur in Chapainawabganj, Sonahat in Kurigra

The first unit of the power plant began generating power around 12:30am yesterday

The indexes of the stock market in Bangladesh rebounded yesterday, snapping a five-day losing streak..The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged up by 11.15 points, or 0.22 percent, from the previous day to close at 5,145..Similarly, the DSES, the index th

Bangladesh’s pharmaceutical industry is undergoing a significant transformation, driven by young talent and innovation, according to pharmaceutical professionals. .The industry is shifting from chemical-based medicines to biomedicines, offering fresh graduates unique opportunities to shap

The interim government has not taken any of the measures recommended by the white paper on the state of the Bangladesh economy even after a month and a half of the report’s submission, said economists yesterday.