People had to remain unemployed for 95 days for Covid-19: CPD study

The Covid-19 pandemic induced economic shutdown and lockdown made more than 60 per cent of employed people in the informal sector unemployed and they could not find jobs for 95 days, a study of the Centre for Policy Dialogue (CPD) revealed today.
13 December 2021

Stocks keep falling since morning

The stock market continued the downtrend of the previous day as the index of the Dhaka Stock Exchange (DSE) fell in the first two hours of trading today.
13 December 2021

Govt should support Covid-hit people even after end of pandemic: Debapriya

The government should continue providing assistance to the people hit by the Covid-19 even if the health risk brought on by the pandemic gets diminished, said Debapriya Bhattacharya, convenor at Citizen’s Platform for SDGs, Bangladesh.
13 December 2021

e-GP system halves tendering time

The electronic government procurement (e-GP) system, an online platform for public agencies to carry out procurement activities, is helping to expedite tendering processes, taking up just around half the time that was required earlier.
12 December 2021

Dhaka trade fair begins Jan 1 at new venue

Following a year’s gap, the Dhaka International Trade Fair (DITF) is expected to open as planned on January 1 at its new venue in the capital’s Purbachal.
12 December 2021

Covid leaves CEAT tyre plant in limbo

Indian tyre maker CEAT is unlikely to follow through on its plans to build a manufacturing unit in Bangladesh, apparently at least until the economy fully recovers from the coronavirus pandemic-induced shocks.
12 December 2021

Bangladesh steps up yarn, fabrics export

Bangladesh has already conquered the international apparel market and is currently the second-largest exporter of garment items worldwide after China with a 6.8 per cent global market share.
12 December 2021

Stocks fall after a day’s rise

The Bangladesh stock market index fell after a day’s rise in spite of an increase in the market turnover.
12 December 2021

Savar’s imitation jewellery industry losing sheen

People living in Savar’s Bhakurta union on the outskirts of Dhaka are bolstering their income by meticulously shaping copper and brass ornaments every day.
12 December 2021

Marginalised to be in debt for 5 years

The coronavirus pandemic forced nearly half of the marginalised people in Bangladesh to borrow to just to get by amid income losses, according to a study of the Citizen’s Platform for SDGs Bangladesh released yesterday.
12 December 2021

Turnover rises, but index falls at Dhaka bourse

The turnover at the Dhaka Stock Exchange increased, but the benchmark index fell today after experiencing a rise in the last working day on Thursday.
12 December 2021

BGMEA wins Digital Bangladesh Award 2021

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been honoured with the Digital Bangladesh Award 2021 given by the ICT Division for the association’s Biometric Identity and Worker Information Management System.
12 December 2021

DITF to begin at new Purbachal venue on Jan 1

The 26th edition of the Dhaka International Trade Fair (DITF) is expected to begin on January 1 next year on its new venue at Purbachal in Dhaka.
12 December 2021

‘e-GP helps cut lead-time for public purchase by 43%’

The introduction of the electronic government procurement (e-GP) system has helped cut lead-time for public purchase by 43 per cent, the planning ministry said today.
12 December 2021

Stocks falling

The stock market index fell today after experiencing a rise yesterday.
12 December 2021

GM may invest $4b in electric vehicle plants

General Motors is considering investing more than $4 billion in two Michigan plants to boost its electric vehicle production capacity, according to sources and documents made public on Friday.
11 December 2021

Standard Bank holds annual risk conference

Standard Bank Ltd recently held the day-long Annual Risk Conference-2021 through a virtual platform.  Md. Anwarul Islam, general manager of the Department of Offsite Supervision (DOS) at Bangladesh Bank, inaugurated the conference as chief guest. 
11 December 2021

Investment proposals soar 50pc despite pandemic

The current financial year’s first three months recorded 46 per cent higher investment proposals, both domestic and foreign, year-on-year in spite of the pandemic, said Bangladesh Investment Development Authority (Bida) yesterday.
11 December 2021

NRBC Bank wins South Asian Business Excellence Award

NRBC Bank has won the South Asian Business Excellence Award-2021 at an event in Colombo, Sri Lanka.
11 December 2021

Go for tech-oriented business landscape

Corporate leaders have to embrace the new business landscape shaped by technology-oriented developments to expedite their journeys, given the ever-changing realities of the evolving pandemic, believe senior private sector executives in Bangladesh.
11 December 2021