Exports rise 33%

Export earnings surged 33.4 per cent year-on-year to $38.6 billion in July-March period of the fiscal year buoyed by manufactured commodities mainly garments, providing a much-needed support to the country’s foreign exchange reserves, which is under pressure amid ballooning import bills.
4 April 2022

Dhaka stocks fall amid panic sales

Shares on the Dhaka Stock Exchange (DSE) fell today after a two-day break as jitter investors went for panic sales.
4 April 2022

Garment factory workers block road in Ctg for due salaries

Workers of Regent Textile Limited today blocked the road in front of the factory in Boalkhali upazila of Chattogram – demanding their due salaries.
4 April 2022

Sirajganj industrial park set for further delay

Having already faced several cost revisions and deadline extensions, an industrial park of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Sirajganj is on way to be delayed by yet another year.
3 April 2022

Focus on sustainability sparks innovation

The Hong Kong and Shanghai Banking Corporation (HSBC) has set a goal to provide between $750 billion and $1 trillion in financing and investment globally in the next decade to support its clients to lower carbon emissions and achieve sustainable growth.
3 April 2022

‘Can’t visit market every day to control prices’

Commerce Minister Tipu Munshi yesterday said the price of daily essentials drop whenever he visits a kitchen market but ultimately rise again once he leaves.
3 April 2022

New patents bill passed

The parliament yesterday enacted Bangladesh Patents Bill 2022, aiming to make a century-old patents law more time-befitting and safeguard intellectual property rights.
3 April 2022

Remittance hits 8-month high

Remittance to Bangladesh rose to an eight-month high in March as migrant workers sent home a higher amount to help their families meet an increased expenditure during Ramadan, official data showed yesterday.
3 April 2022

Sewing thread: a new avenue of growth in textile

Hundreds of sewing thread manufacturing units have sprung up in Bangladesh in recent years, allowing the country to nearly attain self-sufficiency in the major garment accessory.
3 April 2022

Two new digital services launched

The planning ministry yesterday launched two services to digitalise the formulation of the Annual Development Programme, project preparation capabilities, and develop its overall office management system.
3 April 2022

Potato exports near last year’s total in 9 months

Outbound potato shipments are set to exceed last year’s total as local exporters are able to supply the vegetable at more competitive prices than Pakistan and China, various exporters said yesterday.
3 April 2022

US defence contractors see long-term benefits

US arms manufacturers are not cashing in directly from the thousands of missiles, drones and other weapons being sent to Ukraine, but they do stand to profit big-time over the long run by supplying countries eager to boost their defenses against Russia.
3 April 2022

Stocks turnover plunges 25pc

The main index of the Dhaka Stock Exchange (DSE) yesterday stretched its gaining streak to two sessions in a row despite a massive fall in market turnover thanks to renewed interest among investors.
3 April 2022

Bangladesh has attractive economic sector for investment: US envoy

Bangladesh has an attractive economic sector for investment, US Ambassador Peter Haas said today.
3 April 2022

Sri Lanka seeks Bangladeshi investment in tourism, agriculture

Sri Lankan High Commissioner to Bangladesh Sudharshan Seneviratne has sought investment from Bangladesh in tourism and agriculture sectors of the nation, which is now going through an economic turmoil.
3 April 2022

DSE index rises for second day

The index of the Dhaka Stock Exchange (DSE) rose for the second consecutive day today despite a fall in turnover.
3 April 2022

Parliament passes patents bill

Bangladesh Patents Bill 2022 was passed in parliament today with an aim to make the century-old patents law more time-befitting and safeguard the intellectual property rights.
3 April 2022

After LDC graduation ceramic exports to face tough tariffs: Study

Exporters of locally made ceramics will have to endure tough competition after Bangladesh graduates from the least developed country (LDC) status in 2026 as such products will face 12.7 per cent tariff on average when entering international markets, according to a recent study.
2 April 2022

Bangladesh most profitable unit of Marico’s int’l business

Bangladesh has been Indian multinational consumer goods company Marico’s first international venture. The business is today is so successful that one out of two Bangladeshis uses its products every day. Ashish Goupal, who took over as managing director of Marico Bangladesh Ltd, in July 2018 speaks about his company’s success and future plans in an interview with The Daily Star.
2 April 2022

Potato growers worried over lack of storage

Small and marginal potato farmers in Thakurgaon and Panchagarh districts have been left in a quandary as cold storage owners in the region are saying their spaces have been completely filled.
2 April 2022