Kamalapur ICD-bound container congestion hits Ctg port

The port yard now has 2,346 TEUs of containers, up from its capacity to store 876 TEUs
3 August 2024, 13:16 PM

Bangladesh once again second biggest global RMG exporter: WTO

The country now holds 7.4% of global market garment share
3 August 2024, 11:15 AM

Waive port charges incurred amid recent unrest

The Bangladesh Shipping Agents’ Association (BSAA) has urged the government to waive all port charges incurred for delays in container handling amid the weeklong unrest, internet outage and stringent curfew that began on July 18..The BSAA, the country’s sole trade body for shipping agents,
1 August 2024, 18:00 PM

EU halts Dhaka talks. Is it a bad omen?

The European Union’s (EU) postponement of the first round of negotiations with Bangladesh on a new agreement will impact trade, investment and development cooperation with the country’s largest trading partner..“In light of the prevailing situation, the first round of negotiations on the P
1 August 2024, 16:32 PM

E-commerce sector lost Tk 1,700 crore for internet shutdown, violence: e-CAB

The association seeks government assistance, places a set of demands
1 August 2024, 12:58 PM

Forex reserves decline by $1.3 billion in a month

Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago
1 August 2024, 12:37 PM

Remittance falls 3.2% in July

Banks could not receive any remittance in the five days of countrywide internet blackout this month
1 August 2024, 11:43 AM

National Bank sees no end to losses

The bank’s half yearly loss soared 71% year-on-year
31 July 2024, 13:54 PM

Govt waives seven-day demurrage for importers

The consignments, which have arrived or are scheduled to arrive at the port in between July 16 and August 5 this year, will get the extended benefit
31 July 2024, 13:17 PM

Rebooting the economy

The crackdown on the nonviolent uprise of the students and the subsequent one thing leading to another chain of events locked down the economy, only figuratively reminiscent of the pandemic in 2020
31 July 2024, 11:18 AM

Matiur Rahman takes ‘early retirement’ after corruption allegations

The Anti-Corruption Commission investigates the sources of his wealth
31 July 2024, 08:38 AM

Marico’s profit jumps 30% in April-June quarter

Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.
31 July 2024, 04:46 AM

1,320MW coal power plant in Patuakhali to fire up in October

A 1,320-megawatt (MW) coal-based thermal power plant located in Kalapara upazila of Patuakhali is ready to begin commercial operations by the end of this year, officials said..The first of the plant’s two units, which can generate 660 MWs daily, will commence production in October while th
30 July 2024, 18:00 PM

Unilever Consumer Care's profit rises 15%

Unilever Consumer Care, which markets international brands like Horlicks, Maltova, Boost and GlucoMax D, reported higher earnings in the second quarter of this year ending in June despite declining sales revenue amid high inflation..This subsidiary of Unilever Bangladesh said its profit af
30 July 2024, 15:51 PM

Facebook, YouTube yet to respond: Palak

Facebook and YouTube have not yet responded to the government’s recent letters that ask global tech giants to ‘follow Bangladesh’s law', State Minister for ICT and Telecom Zunaid Ahmed Palak said today..However, TikTok has replied..“We gave given them a time to respond. TikTok has re
30 July 2024, 14:53 PM

Banking hour 10am to 4pm from July 31

Transaction hours for public will be 10am to 4pm
30 July 2024, 12:10 PM

Chinese firm Baida Industrial to invest $1.26 million in Uttara EPZ

The company will produce 8,000 tonnes of printed materials and packaging products every year
30 July 2024, 11:23 AM

Dhaka Stock Exchange declining since morning

Dhaka stocks opened the day with a massive declining trend amid political uncertainty
30 July 2024, 05:39 AM

Fishing trawlers lying idle for rough sea

Fishers in coastal regions of Bangladesh have yet to begin operations as the sea remains rough due to a low-pressure area in the Bay of Bengal, according to industry people..Besides, this delay could cause losses for fishers as they already had to suspend their activities during an annual
29 July 2024, 18:00 PM

Stocks fall for second consecutive day

The DSEX declined 0.99% to end the day at 5,330
29 July 2024, 13:43 PM