22 September 2024, 12:51 PM

Central Fund for RMG workers at risk of misuse: labour secretary

Money deposited in the Central Fund for the welfare of garment workers in Bangladesh is at risk as the disbursal activities lack transparency, according to AHM Shafiquzzaman, secretary to the Ministry of Labour and Employment..The way the immediate past government handled deposits and spen
21 September 2024, 18:00 PM

Electro Mart opens sales and display centre at Chawkbazar in Ctg

Electro Mart Limited recently launched a sales and display centre at Chawkbazar in Chattogram..Consumer electronics and home appliances products like Konka brand LED televisions, refrigerators and freezers, ceiling fan, washing machines, microwave ovens, blenders, juicers, iron, rice cooke
21 September 2024, 15:24 PM

Stocks close in the black

The stock market in Bangladesh closed in the black with the major index crossing the 5,700-point mark yesterday as investors cautiously traded lucrative shares of blue-chip and large-cap sectors amidst price fluctuations..A blue chip is a nationally or internationally recognised, well-esta
19 September 2024, 18:04 PM

Korea-Bangladesh Chamber signs deals with KOPA, KOIMA in Seoul

The Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) signed deals with the Korea Packaging Association (KOPA) and the Korea Importers Association (KOIMA) in Seoul recently, according to a press release .A KBCCI delegation, led by Park Young-sik, ambassador of Korea to Bangladesh, v
19 September 2024, 15:48 PM

Onion imports resume thru Hili land port

Onion imports through Hili land port in Dinajpur resumed on Tuesday after being halted for four days due to a software glitch in Indian customs..The Indian customs had implemented an updated tariff regime at 4:45pm that day, reducing the export duty on onions from 40 percent to 20 percent.
18 September 2024, 18:30 PM

American trade platforms demand reforms to protect labour rights

The American Apparel & Footwear Association (AAFA) and Fair Labor Association (FLA) have urged the interim government of Bangladesh to take critical and long-lasting steps towards reforms for furthering worker rights of international standards. .The AAFA is an American trade association re
18 September 2024, 18:01 PM

Stocks rise after falling for two days

Bangladesh’s stock market rose yesterday on falling for two days as investors made fresh bets on lucrative blue-chip and large-cap shares to pocket short-term gains amidst price movements..A blue chip is a nationally or internationally recognised, well-established, and financially sound co
18 September 2024, 15:05 PM

25 Factories remain closed in Ashulia

Most garment factories in the Ashulia industrial area reopened today in a sign of a gradual return of normalcy in the region following more than two weeks of unrest
18 September 2024, 06:09 AM

Interim govt to hold first Ecnec meeting today

The interim government is set to hold the first meeting of the Executive Committee of the National Economic Council (Ecnec) today where proposals would likely be placed on five projects, including two new ones..Muhammad Yunus, chief advisor to the interim government and chairperson of Ecne
17 September 2024, 19:08 PM

FICCI, Bida to work together to attract foreign investment

The Bangladesh Investment Development Authority (BIDA) and the Foreign Investors Chamber of Commerce and Industry (FICCI) will work together to help attract foreign investment, according to a press release..Lutfe Siddiqui, the special envoy on international affairs to the chief adviser of
17 September 2024, 18:50 PM

Stock keep falling amid wait for earnings disclosures

Stock market indexes in Bangladesh extended its losing streak for the second consecutive day yesterday as cautious investors opted to wait for corporate earnings disclosures before making significant trades..The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went down by 30.1
17 September 2024, 18:00 PM

To strengthen business ties, Europe-Bangladesh chamber due in Dhaka Sept 20

A delegation of the Europe-Bangladesh Federation of Commerce and Industry (EBFCI), led by its president Wali Tasar Uddin, will be visiting Bangladesh for eight days with the vision of “Developing a New Era of Partnership between the UK, EU and Bangladesh” from September 20 to October 5..Th
17 September 2024, 11:30 AM

Dhaka’s importers still facing long waits to get goods from Ctg port

It has been nearly a month that an automobile dealer has been waiting for a container loaded with reconditioned parts to reach the inland container depot (ICD) at Kamalapur, Dhaka from the Chattogram port over railway..The parts, imported by M/s Partsco Automobiles of Munshiganj’s Sirajdik
15 September 2024, 15:37 PM

Most factories in Ashulia reopen as law and order improves, 20 remain closed

Most factories in the Ashulia area resumed operations today, while 20 factories remain shut in the Ashulia Industrial area, police said. 
15 September 2024, 05:29 AM

Onion turns Tk 5 cheaper here as India relaxes export rules

Prices of Indian onion are dropping in Bangladesh, as the neighbouring country on Friday withdrew the restriction of “minimum export price” at $550 per tonne and slashed export duty to 20 percent from 40 percent.
14 September 2024, 18:43 PM

Pathao raises $12 million in foreign funds

Pathao has raised $12 million in a pre-series B funding round as part of the company’s strategic shift towards fintech
14 September 2024, 09:06 AM

Most factories reopen in Ashulia, 49 still shut

36 factories are indefinitely closed under the 'no work no pay' provision of labour law. Some 13 factories have declared general holidays
14 September 2024, 05:52 AM

Stocks end week with mixed performance

The share market in Bangladesh ended the week with a mixed performance as the Dhaka Stock Exchange (DSE) extended its gaining streak while the Chittagong Stock Exchange (CSE) witnessed a downward trend yesterday..However, investors and industry people voiced optimism about the return of go
12 September 2024, 18:00 PM

39 brands honoured for sustainability efforts

Some 39 sustainable brand initiatives were awarded in the 2nd SDG Brand Champion Awards 2024, organised by AkijBashir Group in association with Intellier and The Daily Star, at the Le Méridien Dhaka on Tuesday.
11 September 2024, 14:37 PM