The cabinet committee on purchase yesterday awarded two Chinese joint venture companies a public private partnership project on upgrading the Rampura-Amulia-Demra highway into four lanes for Tk 2,094 crore.

DBL Group has made a foray into the pharmaceutical industry after enjoying success in its export-based garments and ceramic tiles businesses.

The domestic stock market continued its recovery yesterday as major indices maintained an upward trend for the past two trading sessions thanks to increased investor participation, according to experts.

A fifth drugmaker -- Incepta Pharmaceuticals Ltd -- received authorisation yesterday for the emergency production and marketing of molnupiravir, said a senior official of the Directorate General of Drug Administration (DGDA).

Bangladesh’s first hydrogen fuel production plant, a project initiated by the Bangladesh Council of Scientific and Industrial Research (BCSIR), is all set to begin operations by June next year.

Closure, resumption, and closure. This is what described Aziz Pipes in the last 10 months in a nutshell.

Businesses in Bangladesh made a stride in terms of recovery from the fallout of the coronavirus pandemic in the third quarter of 2021, helped by buoyancy in exports and resumption of economic activities, said a new survey.

The Bangladesh Bank today sought explanation from Ahsanullah University of Science and Technology (AUST) due to its alleged involvement in leaking question papers of preliminary tests of five state-owned banks.

The World Congress on Information Technology (WCIT) 2021 begins tomorrow at Bangabandhu International Conference Centre in the capital.

The stock market rose in the first two hours of trading today and ended the day on an increasing trend as buoyant investors went for buying stocks.

The Centre for Policy Dialogue today recommended that the government should reinstate the earlier prices of diesel and kerosene immediately to help the country recover from the pandemic induced economic downfall.

Alif Industries, a listed textile company, has decided to raise a fund of Tk 300 crore by issuing convertible bonds in order to purchase land, machinery and retrofitting existing factory.

The stock market rose in the first two hours of trading today as buoyant investors went for buying stocks.

Asian shares followed Wall Street higher in early trade on Tuesday as the passage of a US infrastructure bill boosted sentiment while oil prices gained on the outlook for energy demand in an expansive global economy.

Of late, energy prices have gone through the roof. Prices of natural gas and coal in recent weeks have risen to a level that is the highest in decades. Consequently, electricity prices in some parts of the world, especially in Europe, North America, and some parts of Asia have skyrocketed.

Contractors of infrastructure projects yesterday demanded the government increase the procurement prices of construction materials as the current market prices of key ingredients are higher than the government rates.

Customers’ wait for refunds of advance payments, which eventually got stuck at payment gateways for deliveries not being made by e-commerce firms, is likely to be prolonged as the government wants to examine legal issues first.

Global credit ratings agency Fitch said Bangladesh’s economy would grow 7 per cent in the current fiscal year, powered by declining coronavirus infections and easing of supply chain disruptions.

In line with the spiralling cost of other daily essentials, the retail price of potato rose sharply by 39 per cent.

Stocks rebounded yesterday as many investors kept putting their money into shares that lost much of their value after a two-day consistent plunge.