Stock turnover hits four-month low

Bangladesh stock market has continued to bleed for the last four consecutive days while turnover of the market dropped to a four-month low yesterday.
3 November 2021

19 to get President’s industrial award tomorrow

The government is going to award 19 businesses with the “President’s Award for Industrial Development 2019” for their contribution to the private sector, employment generation and economy of the country.
3 November 2021

Huawei takes $50m project to develop ICT talents in Asia Pacific

Chinese tech giant Huawei has launched a five-year $50 million budget to develop 500,000 ICT talents in the Asia Pacific region.
3 November 2021

Police charge baton to disperse demonstrating garment factory workers in Gazipur

Police fired rubber bullets, tear shells and charged baton on garments workers who were demonstrating against the termination of 85 operators in Gazipur’s Kaliakair upazila.   
3 November 2021

Stocks continue bleeding

The stock market continued to bleed for the third consecutive day and the turnover also dropped to a four-month low today.
3 November 2021

BFIU seeks bank account info of 23 digital platforms including Daraz, PriyoShop

The Bangladesh Financial Intelligence Unit (BFIU) has asked banks to send account information of 23 digital platforms, including Daraz and Priyo Shop and 29 executives related to the firms.
3 November 2021

StanChart executes first-ever sustainable trade finance transaction in Bangladesh

Standard Chartered Bangladesh has executed the country’s first sustainable trade finance transaction locally.
2 November 2021

BoE eyes first rate rise since 2018

The Bank of England could this week raise its main interest rate for the first time in more than three years to rein in surging inflation as economies reopen from pandemic lockdowns, analysts say.
2 November 2021

StanChart flags flat annual income

Standard Chartered forecast flat income for the full year amid “uneven” economic recovery from the pandemic, even as it turned in a stronger-than-expected quarterly pre-tax profit, sending its shares lower on Tuesday.
2 November 2021

Responsible digitalisation: the road ahead

On March 11, 2020, the World Health Organisation declared Covid-19 a pandemic, marking the beginning of a period of significant disruption. The pandemic has had a significant impact on economic activities and human lives, and its long-term effects will be visible after more than a year.
2 November 2021

Improve Chilahati rail station to facilitate trade

Trade between Bangladesh and India through the Haldibari-Chilahati rail link resumed on August 1 after a 56-year hiatus but infrastructure of Chilahati rail station in Nilphamari district has remained inadequate.
2 November 2021

Bangladesh to be ostracised if coal not phased out

Bangladesh could be ostracised if it does not phase out coal-based power projects, Planning Minister MA Mannan said yesterday.
2 November 2021

City Bank arranges Tk 742cr for power plant

City Bank has arranged a Tk 742 crore syndicated loan with Bank Asia and Eastern Bank for a heavy fuel oil-based power plant being run by Manikganj Power Generations Ltd.
2 November 2021

Weakening exchange rate driving down remittance flows

The flow of remittance to Bangladesh has been shrinking for the last several months as the number of people going abroad in search of jobs is declining and money transfers through informal channels like hundi have made a comeback with the ease of pandemic restrictions.
2 November 2021

October exports hit historic high at $4.73 billion

Export earnings increased 60.37 per cent year-on-year to $4.73 billion in October, the highest ever for a single month in the history of Bangladesh.
2 November 2021

Winners of Bangladesh ICT Skills Competition 2021 announced

The winners of ‘Bangladesh ICT Skills Competition 2021’—organised by Huawei in partnership with Bangladesh Computer Council (BCC)—have been announced today.
2 November 2021

Stocks fall for third consecutive day

The stock market fell for the third consecutive day today as investors preferred remaining on the sideline.
2 November 2021

‘Expat Bangladeshis can invest in economic zones’

Prime Minister Sheikh Hasina has urged expatriate Bangladeshis all over the world to invest more in Bangladesh.
2 November 2021

Stocks dip under 7,000 points

The stock market index once again fell under the 7,000-point range yesterday as investors have taken a wait and see approach.
1 November 2021

Legacy shares soar despite poor dividend

The price of Legacy Footwear Limited’s stock soared around 8 per cent yesterday in spite of its announcement earlier in the day that it was going to give out a minimal amount as dividend.
1 November 2021