LDCs to demand continuation of fisheries subsidies

Bangladesh has joined other least-developed countries (LDCs) to demand the continuation of partial fisheries subsidies as nations are set to agree to new rules for the industry and limit state support contributing to unsustainable fishing and the depletion of global fish stocks.
15 November 2021

Righting the digital marketplace: stakeholders’ say

Although industry people do not want a new law or regulatory agency, some legal experts and a consumer rights body said those were necessary to oversee the industry now plagued with scams and controversies and protect the interests of stakeholders, including merchants.  
15 November 2021

Pathao introduces Bangladesh to ‘Pay Later’ feature

Bangladeshi consumers can now get a taste of the global ‘Buy Now, Pay Later’ (BNPL) phenomenon thanks to the digital services platform Pathao, which is rolling out the feature today on a test basis.
15 November 2021

Rice price remains high despite huge imports, stocks

Rice price in Bangladesh has remained at an elevated level despite higher imports in recent months on the back of lower customs duty and reduced price in the international market as well as a record stock in government warehouses.
15 November 2021

Stockbrokers asked to stop considering index for margin loans

The stock market regulator has ordered the stockbrokers and merchant bankers not to consider the index at giving margin loans to investors.
15 November 2021

E-commerce refund waits for law ministry's vetting

The refunding of the e-commerce companies’ stuck up money at the central bank’s payment gateway to the affected e-commerce consumers and merchants will delay further because of delays in vetting by the law ministry.
15 November 2021

Raise limit for loans from export development fund: BTMA

Bangladesh Textile Mills Association has requested the Bangladesh Bank to increase their ceiling of loans from the Export Development Fund (EDF) given the price hike of raw materials in the global market.
15 November 2021

Dhaka seeks Abu Dhabi's support for duty-free access to Gulf nations

Dhaka has sought Abu Dhabi’s support for duty- and quota-free access to the markets of the Gulf Cooperation Council countries to reduce trade gap with the United Arab Emirates (UAE).
15 November 2021

Dhaka bourse’s turnover rises 28%

Turnover at the Dhaka bourse rose 28 per cent today compared to the previous day thanks to the rising trend of the index.
15 November 2021

Stocks start day with rising trend

The stock market gained in the first two hours of trading today.
15 November 2021

Drought forces Iraqi farmers to leave their land

Iraqi wheat farmer Khamis Ahmad Abbas lost it all when his battle with drought forced him to abandon his land, pushing him into unemployment.
14 November 2021

Need for new planes steady despite pandemic: Airbus

The pandemic will have no long-term impact on the need for new aircraft, according to a market outlook released Saturday by European plane maker Airbus, which foresees greener fleets emitting less CO2.
14 November 2021

Stocks snap winning streak

The stock market dropped yesterday snapping a three-day gaining streak as quarterly earnings disclosures failed to cheer investors.
14 November 2021

E-commerce can be 10-20 times bigger in 5 years: Daraz Group CEO

Daraz, one of the largest e-commerce companies in Bangladesh, has recently had its biggest promotion event 11.11. The platform posted Tk 190 crore in sales during the daylong campaign. On the occasion of its single largest promotion, we spoke to Bjarke Mikkelsen, founder and CEO of Daraz Group. He shares his vision and thoughts for Daraz in Bangladesh with Shahriar Rahman from The Daily Star.
14 November 2021

Italian company wants to recycle Savar tannery waste

An Italian company has proposed being authorised to manage Savar Tannery Industrial Estate’s (STIE) solid waste so that it could recycle it into biogas and fertilisers.
14 November 2021

Listed pharmas post higher profits as demand picks up

Almost all listed pharmaceutical companies in Bangladesh logged higher profits in July to September thanks to higher sales as people shook off coronavirus fears to avail treatments and the lower cost of bank finances.
14 November 2021

'Software firms connecting people with global value chain'

The country’s software companies are connecting people in Bangladesh with the global value chain especially through microfinance clients, analysts said at a seminar today.
14 November 2021

Stocks break gaining streak

The stock market dropped today after three days of consecutive rises.
14 November 2021

Could we have avoided the fuel price hike?

There is an uproar, at least among civil society forums, the media and common people, regarding a recent government decision to increase the price of diesel and kerosene by Tk 15 per litre each.
13 November 2021

Bangladesh offers best incentives for investors

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged French investors to take note of Bangladesh as an ideal destination for relocating industries.
13 November 2021