Implementation of BBIN deal to cut business cost

Implementation of the Bangladesh, Bhutan, India and Nepal (BBIN) motor vehicle agreement will enable the adoption of a sub-regional protocol for a cost-effective, efficient and seamless multimodal transport system, according to speakers at a webinar.
2 February 2022

‘We want to provide compassionate cancer care at an affordable cost’

The Daily Star (TDS): As a young entrepreneur, what motivated you to invest in a new cancer unit for Labaid?
2 February 2022

Exports surge 41pc in Jan

Earnings from merchandise exports from Bangladesh surged 41.13 per cent year-on-year to $4.85 billion in January, the second-highest single month receipts, on the back of rebounding garment shipments.
2 February 2022

Lack of policy support, design a bar for local automobile production: FBCCI

Bangladeshi automobile makers do not have proper policy support, design and drawing to locally produce two-, three- and four-wheelers, businesses said today.
2 February 2022

Garment exports not affected for US sanction on Rab officials: BGMEA

The local garment exporters are not worried about the sanction on some officials of the Rapid Action Battalion (Rab) as that move has not yet affected apparel shipment to the USA and other countries.
2 February 2022

Stocks keep rising

Shares on the Dhaka Stock Exchange (DSE) rose for the second consecutive day today, pushing the benchmark index above 7,000 points after three days.
2 February 2022

Islami Bank ‘strongest Islamic retail bank in Bangladesh’

Islami Bank Bangladesh has been recognised as the “Strongest Islamic Retail Bank in Bangladesh” in a 7th Islamic Retail Banking Awards by UK-based Cambridge IFA and Islamic Retail Banking Awards.
1 February 2022

Stocks make strong recovery

The domestic stock market has made a strong recovery from four days of decline as investors are showing renewed interest in select sectors after some listed companies declared their latest earnings.
1 February 2022

Summit Alliance Port sees profit rise in first half

Summit Alliance Port said its earnings rose in the first half of the current financial year of 2021-22 as its handled an increased volume of containers for international trade during the period.
1 February 2022

Set aside 10pc budget for software, ITES BASIS urges ministries

The Bangladesh Association of Software and Information Services (BASIS) has urged all the ministries and their affiliated agencies to allocate 10 per cent of their annual budget for buying software and IT-enabled services (ITES).
1 February 2022

Most listed drug makers declare higher profits

Almost all listed pharmaceutical companies in Bangladesh registered higher profits in the first half of the ongoing financial year (FY) thanks to increased health consciousness amid the coronavirus pandemic.
1 February 2022

Digital repository to understand our workers better

Being a densely populated country, one of the major sources of Bangladesh’s competitiveness is the young and vibrant workforce. We have around six million economically active population, and various estimates suggest that around two million people are joining our labour force every year.
1 February 2022

Farmers selling potatoes at dirt cheap prices after 2 bad seasons

Potato growers in Bangladesh are grappling to recover their investment as prices of the tuber crop have fallen below their production cost this season, according to various farmers.
1 February 2022

Foreign funds in stocks drop

Foreign portfolio investment in stocks dropped last month compared to that in the preceding one as the investors had embarked on a selling spree.
1 February 2022

Two state jute mills leased to private sector

The government yesterday handed over two jute mills to the private sector as part of its efforts to modernise the state-run enterprises dealing with the natural fibre.
1 February 2022

Worker shortage a new challenge for RMG

Fakir Apparels Ltd (FAL) appointed 400 new workers last month after training them for three months at its training centre as the Narayanganj-based garment factory has received 25 per cent more work orders this season compared to the last season.
1 February 2022

Ministries should allocate 10% of budget to buy software, ITES: BASIS

Bangladesh Association of Software and Information Services (BASIS) has urged all the ministries and their affiliated agencies to allocate 10 per cent of their annual budget for buying software and IT-enabled services (ITES).
1 February 2022

Remittance hits four-month high

Remittance hit a four-month high in January after the government increased cash subsidy to remitters.
1 February 2022

Stocks bounce back strongly

Trading at Dhaka Stock Exchange (DSE) bounced back strongly today, after falling for four consecutive days.
1 February 2022

Private credit growth up for 7th straight month

Private sector credit growth in Bangladesh accelerated to 10.68 per cent in December rising for the seventh consecutive month as the economy rebounds from the coronavirus pandemic.
31 January 2022