Standard 4G internet speed still elusive

Mobile users in Bangladesh are suffering from slower data speed despite the launch of fourth-generation (4G) technology four years ago, as operators have failed to ensure the minimum internet speed set by the regulator.
27 February 2022

Russia faces major disruptions to oil, commodities flows without SWIFT

Russian exports of all commodities from oil and metals to grains will be severely disrupted by fresh Western sanctions, dealing a blow to Russia's economy and hurting the West with a spike in prices and inflation, traders and analysts said.
27 February 2022

BBS should not ignore foreign survey data: state minister

The Bangladesh Bureau of Statistics (BBS) should remain updated, deliver data on time and keep an eye on the foreign survey to ensure global branding of the country, State Minister for Planning Shamsul Alam said today.
27 February 2022

Stocks hit two-month low

Dhaka stocks bled massively and hit a two-month low today due to heavy sell pressure from the investors amid rising tension of global oil prices.
27 February 2022

BSCIC yet to finalise location for industrial park in Jashore

Although five years have passed since the Bangladesh Small and Cottage Industries Corporation (BSCIC) made plans to establish an industrial park for automobile and light engineering industries in Jashore, the agency is yet to finalise the exact location for the project.
26 February 2022

Scale effect of domestic market, tipping point and paths of industrialisation

The size of the economy matters. The size of the domestic market, popularly known as the “scale effect” in growth theory, has a strong bearing on the paths of industrialisation of an economy.
26 February 2022

Higher onion price to persist until new crop arrives

The price of onion has been surging in Pabna for the last couple of weeks as the level of stock at the farmers’ end is fast-depleting owing to the lack of storage capacity for the perishable item.
26 February 2022

Foreign aid disbursement, commitment rises

Foreign assistance disbursement and commitment both increased in Bangladesh in the first seven months of the current fiscal year thanks to speedy release of funds and additional promises as support for tackling the pandemic.
26 February 2022

Listed firms take too long to upload financials

Most listed companies in Bangladesh do not post their quarterly financial reports within 48 hours of securing approval from their boards as they take advantage of the lack of specific regulations in this regard, according to experts.
26 February 2022

Avoid duties on local goods in FY23

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the country’s revenue authority to avoid imposing any supplementary duty on locally produced goods in the next fiscal year.
26 February 2022

Soybean meal export allowed, angering farmers

The government has allowed the export of soybean meals on a case-by-case basis, a move that has generated anger among dairy farmers.
26 February 2022

BBS still faces challenges in imparting timely, credible data

Without big data, you are blind and deaf and in the middle of a freeway.
26 February 2022

Don't impose duties on local goods in next fiscal: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the country’s revenue authority to avoid imposing any supplementary duty on locally produced goods in the next fiscal year.
26 February 2022

FBCCI to open UAE-Bangladesh Business Council

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is going to establish UAE and Bangladesh Joint Business Council in Dubai to tap the business and investment potential in Middle East, Africa and Europe.
26 February 2022

Stocks rise after Ukraine panic, oil back below $100

European stocks rose on Friday after Wall Street's late rally, as investors welcomed coordinated Western sanctions on Russia that targeted its banks but not did not block it from a global payments system and left its energy sector largely untouched.
25 February 2022

Stocks suffer worst decline in 4 months

Stocks in Bangladesh slumped to a more than four-month low yesterday as investors went for massive selloffs after the Russian invasion of Ukraine sent global oil prices higher and rattled global markets.
24 February 2022

Fast-track projects lag in making info public

Only three out of eight fast-track projects in Bangladesh have dedicated websites for public information and those too contain no updated information on their progress.
24 February 2022

Businesses fear ripple effect of Russian invasion of Ukraine

With oil prices hitting above $100 in the wake of Russia’s invasion of Ukraine, local businesses yesterday feared that the war would have a ripple effect on their domestic and international operations as both countries are major suppliers of agricultural commodities.
24 February 2022

IDLC savings schemes available on bKash

They can avail of savings schemes in monthly instalments of Tk 500, Tk 1,000, Tk 2,000 and Tk 3,000 starting from a minimum period of two years to a maximum of four years.
24 February 2022

City Bank, Maldivian GSA Total Air Services sign agreement

City Bank recently signed an agreement with Maldivian GSA Total Air Services Ltd.
24 February 2022