Rod prices surge for costlier raw materials

The price of mild steel (MS) rods has increased by Tk 1,500 per tonne in Bangladesh in the past month because of the rising cost of raw materials globally, making building houses and implementing infrastructure projects costlier.
1 July 2021, 18:00 PM

Paris gets new JPMorgan trading hub in post-Brexit push

French President Emmanuel Macron inaugurated JPMorgan’s new trading hub in Paris on Tuesday, as France pitches for more banking jobs and tries to lure finance workers looking to leave London after Brexit. Banks are spending billions of dollars beefing up their European Union operations post-Brexit to avoid disruption to some of their activities.
29 June 2021, 18:00 PM

S&P Global cuts India’s growth forecasts

S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.
29 June 2021, 18:00 PM

Mithai opens 10 new outlets in Ctg

Confectionery retailer Mithai of Pran-RFL Group recently opened 10 new outlets in Chattogram city, taking the countrywide total to 130.
29 June 2021, 18:00 PM

Hapag-Lloyd suspends bookings of Bangladesh-bound cargoes

Hapag-Lloyd, a German container shipping company, has decided to suspend its booking of import containers bound for Bangladesh via Singapore for a month.
29 June 2021, 18:00 PM

IMED blames faulty feasibility studies

Implementation of government development projects by ministries and divisions suffers years of delays as they, in most cases, are formulated without proper feasibility studies and technical designs.
29 June 2021, 18:00 PM

Forex reserve hits record $46b

Bangladesh’s foreign exchange reserve yesterday hit a record high of $46 billion thanks to the upward trend of remittance.
29 June 2021, 18:00 PM

Home appliance sales to dry up this Eid

Sales for home appliances could dry up in the run-up to Eid-ul-Azha as non-essential retail outlets will remain closed during the strict countrywide lockdown beginning tomorrow.
29 June 2021, 18:00 PM

Digital platforms provide level playing field for all businesses

The widespread use of digital platforms and social media has revolutionised the way we run our businesses. We are no longer confined to the age-old traditions of having brick-and-mortar stores. Instead, having a digital presence is seen as a must for any business to thrive.
28 June 2021, 18:00 PM

Dragon fruit farming gains traction

Dragon fruit has caught the attention of several young farmers in Lalmonirhat as they are increasingly showing interest in growing the tropical fruit because of higher demand.
28 June 2021, 18:00 PM

S Korean firms want to play a bigger role here

South Korean companies operating in Bangladesh want to play a bigger role to ensure sustainable economic development in the country alongside good corporate social responsibility (CSR) practices, their representatives said on Sunday.
28 June 2021, 18:00 PM

Favourable ecosystem needed to spur SMEs

Bangladesh needs a favourable ecosystem to give a much-needed boost to the cottage, micro, small and medium enterprise (CMSME) sector with a view to creating adequate jobs and propelling the growth of the country, speakers said yesterday.
28 June 2021, 18:00 PM

Pandemic ravages fisheries sector

Livelihoods of about 1.8 crore people involved in the fisheries and aquaculture sector in Bangladesh have been affected by the Covid-19 pandemic, researchers found.
28 June 2021, 18:00 PM

Trade surges in Khatunganj ahead of strict lockdown

Trade at the Khatunganj market in Chattogram, a wholesale hub for essential commodities, has risen significantly just days before a countrywide strict lockdown to be enforced from Thursday.
28 June 2021, 18:00 PM

Akij Bakers unveils premium biscuit brand

Akij Bakers, a subsidiary of Akij Group, has unveiled a new premium biscuit brand, Bakeman’s, recently.
28 June 2021, 18:00 PM

ACI chairman wins Bangabandhu agriculture award

ACI Group Chairman M Anis Ud Dowla, has been awarded “Bangabandhu Jatiyo Krishi Puroshkar-1424” at Osmani Memorial Auditorium in Dhaka recently.
28 June 2021, 18:00 PM

EU drafts plan to toughen carbon market

The European Union is planning to toughen its carbon market to cut emissions faster and put a price on pollution in new sectors, Bloomberg News reported on Sunday.
28 June 2021, 18:00 PM

Nissan to build battery plant in UK

Nissan Motor Co will confirm as soon as this week that it will build a battery gigafactory in Sunderland, northeastern England, as part of its electric vehicle strategy, a reporter for broadcaster Sky News said on Monday.
28 June 2021, 18:00 PM

US shale industry tempers output even as oil price jumps

Even with oil prices surging toward $75 a barrel, US shale producers are keeping their pledges to hold the line on spending and keep output flat, a departure from previous boom cycles.
28 June 2021, 18:00 PM

BGMEA urges Switzerland for extension of duty-free access

The garment makers' platform today urged Switzerland to extend duty-free access to Bangladeshi apparels for 10 years under the Everything but Arms scheme to ensure smooth transition of Bangladesh to a developing country
15 June 2021, 16:21 PM