Stocks rise, major index crosses 5,500 points

Shares on the Dhaka Stock Exchange (DSE) rose yesterday as the benchmark index surpassed the 5,500-point mark after nearly two months as investors placed fresh bets on large-cap scrips to make quick gains.
7 July 2024, 18:00 PM

Business expansion slows in June

The PMI score hit 63.9 last month, down from March's 70.1
7 July 2024, 13:06 PM

Inflation eases in June but stays over 9.5%

Bangladesh Bureau of Statistics releases data today
7 July 2024, 06:27 AM

Distorted data leading to flawed policies

Major economic data provided by the government is detached from reality, leading to flawed policies, experts said yesterday..They made the comments after the Bangladesh Bank (BB) corrected anomalies in export figures, bringing down the shipment by nearly $14 billion in the July-April period of the just-concluded fiscal year.
6 July 2024, 18:00 PM

Apparel shipment to the USA declines by 12.31%

The amount hit $2.9 billion in the January-May period
6 July 2024, 14:26 PM

Cut in export incentive will hurt textile sector: BTMA

The primary textile sector will lose competitiveness in global arena, says BTMA president
6 July 2024, 13:27 PM

Shun Shing Edible Oil merges with Bangladesh Edible Oil

The disclosure came nearly four months after the HC approved the amalgamation
6 July 2024, 12:11 PM

Energy ministry suggests 7 projects worth $1b for China funding before PM's visit

The power, energy and mineral resources ministry has prepared a proposal focusing on Prime Minister Sheikh Hasina’s upcoming visit to Beijing suggesting seven projects worth $1 billion that could be financed by China..Replying to a query at a press conference in Bangladesh Secretariat yest
4 July 2024, 18:30 PM

Jewellery machinery expo begins in Dhaka

Appraise your gold jewellery down to the precise purity in just 10 seconds, watch in amazement as a broken gold chain is repaired in a heartbeat, or witness new links being forged through a machine in seconds.
4 July 2024, 18:00 PM

Utilise marine fisheries to tap into blue economy: expert

Marine fisheries can be a major component to reaping the rewards from Bangladesh’s largely untapped blue economy as they already account for 52 percent of animal-based protein in Bangladesh, said an expert yesterday..The country ranked third in producing fish from inland water-bodies, behi
3 July 2024, 18:09 PM

A bright spot: Govt project costs Tk 100cr less than estimate

There is a common allegation that the actual implementation costs of government projects inevitably exceed the estimated costs due to a number of reasons, including time extensions and unnecessary expenditures..However, the Implementation Monitoring and Evaluation Division (IMED) of the Mi
3 July 2024, 16:34 PM

Linde Bangladesh sells its welding electrode business to ESAB Group

Linde Bangladesh Ltd has sold its welding electrode business to ESAB Group, an American-Swedish industrial company, said the company today.
3 July 2024, 06:49 AM

Global jewellery machinery expo begins in Dhaka Thursday

The exhibition will be the first of its in Bangladesh
2 July 2024, 13:52 PM

Tug-building deal with Bangladesh Navy lifts Indian shipbuilder's shares

Garden Reach Shipbuilders & Engineers Ltd’s share price rose from INR 2,099 on June 28 to INR 2,473.95 as of today
2 July 2024, 07:30 AM

Power sector suffering for lack of a cohesive policy: experts

The power and energy sector has been suffering from inconsistencies and inefficiencies due to a lack of a cohesive policy framework and arbitrary decision-making, experts said at a webinar yesterday..They also called for steps like a comprehensive and coordinated policy that integrates the
1 July 2024, 18:30 PM

Asian Automotive organises its first ‘Dealer Meetup’ in Bangladesh

Asian Automotive Ltd, the official distributor of Pirelli tires in Bangladesh, recently organised its first “Dealer Meetup” in a bid to strengthen the relationship between the company and its network of dealers..Dewan Shajedur Rahman, managing director and chairman of the automotive compan
1 July 2024, 15:45 PM

Sheds made of cement sheets can increase livestock production by Tk 12,300 crore

Experts discuss the use of cement sheets in the agriculture sector at ERF, BCSMA event
1 July 2024, 15:20 PM

PM’s visit may open door for FTA with China: Titu

Prime Minister Sheikh Hasina’s four-day China visit begins on July 8
1 July 2024, 13:44 PM

Ctg port posts 5.36% growth in container handling

The port handled 31.69 lakh TEUs of containers in FY24, up from 30.07 lakh TEUs the previous fiscal
1 July 2024, 12:30 PM

Remittance jumps 15.59% in June

It hit $2.54 in June this year, up from $2.19 billion in the same month last year
1 July 2024, 11:02 AM