Sajeeb Wazed Joy wins Bangladesh Innovation Award

Sajeeb Wazed Joy, ICT affairs adviser to the prime minister, was awarded the Nation Brand Award at the “4th Bangladesh Innovation Award-2022” for his outstanding contribution to turning Digital Bangladesh into a reality.
7 March 2022

Give collateral-free loans to women entrepreneurs

Banks should take initiatives to give collateral-free loans to women entrepreneurs by simplifying the loan application process, analysts said yesterday.
7 March 2022

Gold above $2,000

Gold climbed to its highest in one-and-half years on Monday and palladium hit an all-time high on safe-haven asset appeal, while nickel soared over 20 per cent on fears of supply disruptions tied to sanctions on Russia and continued fighting in Ukraine.
7 March 2022

Mustard oil dearer after soybean price shock

The price of mustard oil has gone up in Bangladesh after the soybean oil market became volatile owing to tight supply.
7 March 2022

FBCCI for 15pc VAT waiver on edible oil import

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday demanded that the government withdraw a 15 per cent VAT on edible oil import to rein in skyrocketing prices.
7 March 2022

Stocks tank 2.74pc on war jitters

Stocks in Bangladesh are feeling the jitters of the looming threat posed to the global economy for the war between Russia and Ukraine.
7 March 2022

Greater investment in care could create 300 million jobs by 2035: ILO

Persistent and significant gaps in care services and policies have left hundreds of millions of workers with family responsibilities without adequate protection and support, yet meeting these needs could create almost 300 million jobs by 2035.
7 March 2022

Confusion, but not panic, reigns in global finance in Russia’s wake

Western allies’ sanctions against Russia have started to blow back in the form of large potential losses for their own banks, companies and investors, often in unexpected ways. In the past, such fires have been precursors to financial crises.
7 March 2022

Stocks remain jittery

Stocks in Bangladesh became jittery due to the fear of the gloomy global economy amid the war between Russia and Ukraine.
7 March 2022

Oil price rockets to $139

Oil prices soared and shares sank in frantic trading on Monday as the risk of a US and European ban on imports from Russia and delays in Iran's renewed nuclear talks boosted commodities and threatened a stagflationary shock for world markets.
7 March 2022

PM blames Covid fallout, Russia-Ukraine war for rising price of essentials

Prime Minister Sheikh Hasina today blamed the Covid-19 fallout and Russia-Ukraine war behind the soaring prices of daily essentials.
7 March 2022

Withdraw VAT on import of edible oil: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today urged the government to withdraw the VAT on import of edible oil to bring back normalcy in the skyrocketing prices of the cooking oil in the country.
7 March 2022

Gain knowledge before investing in stocks: experts

People should gather enough knowledge and do more research before investing in the stock market such that their funds do not go to waste, analysts said.
6 March 2022

Lack of data, research behind rural knowledge gaps: experts

There are huge knowledge gaps on rural issues including its transformations and agricultural potentials due to a lack of up-to-date data and adequate research, said experts yesterday.
6 March 2022

Stocks tumble to two-month low

The domestic stock market yesterday plunged for the third consecutive trading session as investors continued their selling spree.
6 March 2022

Chilli growers frustrated over low price

Chilli growers in the char years under Bogura’s Sariakandi and Sonatala upazilas are disappointed as they are being forced to sell their produce at a lower price compared to last year.
6 March 2022

Audit firms asked to report NBFI anomalies instantly

The Bangladesh Bank has instructed chartered accounting firms to immediately inform it about any major financial anomalies they unearth while carrying out audits into non-bank financial institutions (NBFIs).
6 March 2022

NBR extends duty benefit for raw sugar import

The National Board of Revenue (NBR) has extended its reduced tariff benefit for importing raw sugar until May 15 so that consumers can buy the sweetener at reasonable prices during the upcoming month of Ramadan.
6 March 2022

Fair on jute’s many uses begins

A three-day exhibition on the diversified use of jute began in Dhaka yesterday with the objective of encouraging people to use products made out of the environmentally-friendly fibre.
6 March 2022

Light commercial vehicle market expanding

The market for light commercial vehicles (LCVs) is growing steadily thanks to the rising number of small and medium enterprises and young entrepreneurs running businesses all over Bangladesh, according to market players.
6 March 2022