Weavers in a tight spot for rising production costs

Md Bulbul Hossain, a resident of Jalalpur Tantipara in Pabna sadar upazila, once owned a big weaving factory featuring around 40 power looms.
18 November 2021

Bangladesh should negotiate duty benefit extension

Bangladesh should engage in negotiations at the upcoming 12th World Trade Organization (WTO) Ministerial Conference (MC 12) for extension of duty privileges to some extent following the status graduation to a developing country in 2026, said a noted economist yesterday.
18 November 2021

Taka to weaken against dollar:Fitch

Bangladeshi currency taka will face more depreciatory pressures against the US dollar mainly due to imported inflation, according to a report released by Fitch Solutions.
18 November 2021

File returns timely, avoid penalty

Bangladesh has roughly 60 lakh registered taxpayers. And if you are registered with a taxpayer identification number (TIN), it is high time for you to prepare and file your returns of incomes, no matter whether you have taxable income or not.
18 November 2021

Realtors hope for good response

Real estate companies are hoping for a good response from buyers at a four-day housing fair that kicked off in Chattogram yesterday as apartment sales in the port city gained momentum in line with the waning of the coronavirus pandemic.
18 November 2021

BTRC moves to make 4G internet faster

The telecom regulator plans to set new standard for 4G and broadband internet speed as part of its move to ensure much-needed faster digital connectivity for the users across the country.
18 November 2021

Sporting goods sales rebound

 Sports accessories businesses in Bangladesh are making a comeback as people, particularly the younger generation, are returning to fields to play again following the easing of restrictions and sharp fall in coronavirus caseloads. 
18 November 2021

Remittance to lose steam

The World Bank has projected lower remittance growth for Bangladesh compared to that of India and Pakistan in 2021 due to the slower outmigration of workers who have returned home at the height of the global coronavirus pandemic.
18 November 2021

Chattogram Port: Phantom export raises alarm

Cybercriminals breached the “secure” NBR server to falsely show export of goods worth around Tk 12.78 crore.
18 November 2021

Registration a must for tour operators

The Jatiya Sangsad yesterday passed a bill to make it mandatory for tour operators and guides to get registered.
18 November 2021

ADB gives $150m to support SMEs hit by Covid

The Asian Development Bank (ADB) has approved a $150 million loan for Bangladesh to provide financing for cottage, micro, and small enterprises (CMSEs) operated by youths, returning migrant workers and rural entrepreneurs, particularly women, who have been hit hard by Covid-19.
18 November 2021

Bepza seeks more South Korean investment

The Bangladesh Export Processing Zones Authority (Bepza) has sought more South Korean investment in export processing zones in the country.
18 November 2021

Stocks rise for fourth consecutive day

The Dhaka bourse continued to rise for the last four consecutive days as most of the investors were in a purchasing trend.
18 November 2021

ADB grants $150mn loan for Covid-hit small enterprises in Bangladesh

Asian Development Bank (ADB) has approved a $150 million loan for Bangladesh -- to provide financing for cottage, micro, and small-sized enterprises (CMSEs) operated by youths, returning migrant workers, and rural entrepreneurs, particularly women, hit hard by Covid-19.
18 November 2021

'Bangladesh should negotiate at WTO for duty privilege extension'

Bangladesh should negotiate in the upcoming 12th World Trade Organisation (WTO) Ministerial Conference (MC-12) for the extension of the duty privilege after graduation from the list of Least Developed Countries (LDCs) in 2026, a noted economist said today.
18 November 2021

Asian markets down as US data strengthens call for Fed action

Asian markets turned lower Wednesday as a recent rally ran out of steam and investors struggled to match a strong lead from Wall Street as inflation concerns continue to drag on sentiment, though the dollar extended a rally against the yen.
17 November 2021

Bank Asia to ensure resilience of low-income customers

Bank Asia and MSC Global Consulting Pte Ltd recently signed a memorandum of understanding to ensure resilience and financial health for
17 November 2021

Community Bank wins Infosys-Finacle Innovation Awards

Community Bank Bangladesh Ltd has been declared as the winner of the globally acclaimed Infosys-Finacle Innovation Awards 2021 recently.
17 November 2021

Stocks maintain upward trend

The stock market index maintained an upward trajectory yesterday in spite of price drops of most stocks.
17 November 2021

Diplomatic efforts to protect garment export to EU

Bangladesh will expedite diplomatic efforts with the European Union for easing the proposed safeguard measures on textile and garment so that the shipment to the bloc remains unhurt, said Commerce Minister Tipu Munshi yesterday.
17 November 2021