Coal to clean power transition: How countries responded at COP26

UK COP26 Climate Presidency announced Global Coal to Clean Power Transition Statement on November 3. It is a major political non-binding statement where countries are invited to make their commitments on how to phase out coal-based energy use both at home and abroad and promote clean energy use.
7 November 2021

Govt to inject more funds into House Building Finance

The government is going to inject more funds into Bangladesh House Building Finance Corporation (BHBFC) to enable an increased number of people to have homes of their own, said Finance Minister AHM Mustafa Kamal yesterday.
7 November 2021

Hair trade brings solvency for hundreds in Magura

Hundreds of traders in Magura and its neighbouring districts are making a good income from both human and animal hair.
7 November 2021

BB directive to supersede contradictory BSEC rules

Bangladesh Bank has sent letters to all banks and non-bank financial institutions directing to disregard the corporate governance code issued by the Bangladesh Securities and Exchange Commission (BSEC) in 2018 if it contradicts central bank directives.
7 November 2021

Fresh move to revive 3 old state enterprises

The government has initiated a fresh move to help three old state-owned enterprises turn around after its previous attempts largely went in vain.
7 November 2021

Stocks plumb new depths

The domestic stock market dropped to a two-month low yesterday as investors remained on the sidelines.
7 November 2021

Govt policies barely help SMEs fight pandemic: study

Government policies have not adequately addressed the mitigation of the pandemic’s adversities faced by small and medium enterprises (SMEs), according to a study carried out by the Centre for Policy Dialogue (CPD).
7 November 2021

Losses pile up for traders, exporters

Losses piled up for local traders and exporters yesterday as goods could not move owing to the countrywide transport strike.
7 November 2021

Researches played limited roles for SMEs to tackle pandemic: CPD

The researches related to small and medium enterprises (SMEs) done by different entities during the coronavirus pandemic have played limited roles in taking time-befitting policy measures to tackle the situation, the Centre for Policy Dialogue said today.
7 November 2021

Dhaka bourse’s index hits two-month low

The benchmark index of the Dhaka Stock Exchange (DSE) dropped to a two-month low today as investors remained on the sideline.
7 November 2021

Walton to build suitable future environment: MD

Walton has firm determination to build a suitable environment for future generations through environmental protection, said Golam Murshed, managing director of Walton Hi-Tech Industries Ltd.
7 November 2021

ECB can’t yield digital money space to private sector: official

The European Central Bank needs to issue a digital euro as yielding the space entirely to private sector initiatives like stablecoins could endanger financial stability and weaken the role of the central bank, ECB executive board member Fabio Panetta said.
6 November 2021

E-commerce conundrum: an alternative solution

Recently, there has been a hue and cry in the e-commerce sector of Bangladesh with massive allegations of fraud. Customers paid the e-commerce merchants for different goods, but they did not receive the product.
6 November 2021

Hilsa exported to India just a quarter of quota

Exporters have utilised just around 24 per cent of a government quota on selling hilsa to India within the stipulated timeframe which came to an end on Friday.
6 November 2021

Fuel sales jumped just before price hike

Bangladesh Petroleum Corporation (BPC) had registered a sharp jump in sales of furnace oil, diesel and kerosene on November 3, a day before the new rate came into effect, raising questions.
6 November 2021

Deshbandhu invests Tk 800cr to expand in export markets

Deshbandhu Group invested around Tk 800 crore in the last one year despite the business uncertainty caused by the coronavirus pandemic as it looks to expand its footprint in the overseas markets.
6 November 2021

Imports lead medical consumables market

Sales of medical devices in Bangladesh could be as high as Tk 20,000 crore but local manufacturers can meet only 4 per cent of the annual demand while the rest is imported.
6 November 2021

Domestic flights three times costlier

Airfares of different domestic routes in the country have increased two to three times due to an influx of passengers trying to bypass a countrywide transport strike being observed since Friday.
6 November 2021

Transport strike: RMG faces supply chain hiccups

The countrywide transport strike disrupted the smooth functioning of the apparel supply chain in Bangladesh for the second straight day yesterday, hurting the recovery of the garment shipment.
6 November 2021

BPC records up to 50% spike in oil sales just before hike of prices

The Bangladesh Petroleum Corporation (BPC) registered up to 50 per cent rise in sales of furnace oil, diesel and kerosene on November 3 just a day ago the newly hiked prices of the fuel oils came into effect.
6 November 2021