Price hike of essentials, falling remittance are emerging challenges: MCCI

A recent price rise of essential commodities, decreasing remittances, threat of a new coronavirus wave, and slow vaccine rollout are among the emerging challenges facing the economy of Bangladesh, said the Metropolitan Chamber of Commerce and Industry (MCCI) in Dhaka yesterday.
25 November 2021

Banking thru voice

Banking services are set to come even closer to clients in Bangladesh as Bank Asia plans to roll out voice banking, allowing its clients to carry out transactions through conversation.
25 November 2021

Reliable data a must for sustainable development

Reliable data helped the government take necessary policy measures in the healthcare and financial sectors to keep people and businesses alive amid the ongoing coronavirus pandemic, according to speakers at a virtual dialogue yesterday.
25 November 2021

Nokia seeks to recapture past glory with Made-in-Bangladesh smartphones

Nokia yesterday launched two locally manufactured smartphone models, aiming to grab this expanding market with hopes that people will again start looking forward to their beloved brand reminiscing the past.
25 November 2021

Stocks continue to bleed for fifth day

The prime index of the Dhaka Stock Exchange continued to fall for the fifth consecutive day today when the turnover also hit a seven-month low.
25 November 2021

SS Steel to invest Tk 20 crore to expand business

Chattogram-based steel producer SS Steel is going to invest Tk 20 crore to expand its business in the country.
25 November 2021

Stocks begin day with massive plunge

The stock market index plunged by more than 50 points in the first two hours of trading today.
25 November 2021

Bangladesh finally gets nod to graduate from LDC

The United Nations General Assembly (UNGA) has approved resolution to allow Bangladesh to graduate to the developing county grouping from least developed country (LDC) category 45 years after it was included in the category.
25 November 2021

Wig-making makes a difference for rural women

Laizu Khatun Lima, a resident of Chandrakhana Balatari village in Kurigram’s Phulbari upazila, has brought a unique job opportunity for many women in the area, especially those from poor families.
24 November 2021

No plan to raise fertiliser price: Razzaque

The government will not increase fertiliser prices at the moment even though their prices have risen four times in the international markets, said Agriculture Minister Muhammad Abdur Razzaque yesterday.
24 November 2021

Provision shortfall at banks worsens

The provision base of banks in Bangladesh deteriorated further in the third quarter of 2021 because of an increase in bad loans, highlighting the worsening health of the banking industry.
24 November 2021

StanChart launches digital trade counter

Standard Chartered Bangladesh has launched Digital Trade Counter to allow clients to submit trade transaction applications and related documents.
24 November 2021

Samsung to build $17b chip plant in Texas

Samsung said on Tuesday it will build a microchip factory in Texas, a $17 billion investment that comes as semiconductor shortages are causing supply chain delays across many industries.
24 November 2021

New Uber features to enhance safety

If any Uber trip takes an unexpected route or makes a deviation, drops or stops midway without any plausible cause such as traffic congestion, Uber representatives will contact the passenger and driver to check on their safety and understand the cause.
24 November 2021

Stocks take a nosedive

Stocks on the Dhaka bourse took a massive tumble yesterday after news broke that the banking sector is facing a high rate of bad loans, according to market players.
24 November 2021

Digital delivery orders from Ctg port’s shipping agents from Dec 1

The Chittagong Port Authority (CPA) is going to introduce online system for issuance of delivery orders by the shipping agents or freight forwarders against import consignments.
24 November 2021

Port city’s 42 top taxpayers honoured

The National Board of Revenue (NBR) today honoured 42 top taxpayers of Chattogram division.
24 November 2021

No registration for Bluetooth-enabled motorcycle without BTRC approval

Bangladesh Road Transport Authority (BRTA) will not give licence to Bluetooth-enabled motorcycles unless the marketer companies take approval from the telecom regulator.
24 November 2021

No price hike in fertiliser now even if global rates rise by four times: Razzaque

The government will not increase fertiliser prices at this moment even if its prices rise by four times in the international markets, Agriculture Minister Muhammad Abdur Razzaque said today.
24 November 2021

Stocks experience massive fall

The index of the Dhaka Stock Exchange experienced a massive fall today because of thin participation of the investors.
24 November 2021