Rise in non-farm income cuts domestic migration

A one per cent increase in non-farm income reduces domestic migration to other districts by 4 to 7 per cent in rural areas and municipalities, a new study found. 
6 October 2021

E-commerce firms’ registration begins in a month

The government will begin registering e-commerce and F-commerce firms within a month in a bid to restore discipline in the nascent industry and protect customers and merchants from unscrupulous business practices.
6 October 2021

Burgeoning local demand to spur call centre business

The country’s call centre industry is set to undergo fast growth as the government alongside private entities such as banks has started to provide many services through helplines.
6 October 2021

Two foreign ships finally enter Mongla port after 5 days

Two foreign merchant ships have finally been able to berth at the ​​Mongla seaport after facing a five-day delay due to navigability issues.
6 October 2021

Fresh ‘best brand’ of The Economic Times

Fresh, a concern of the Meghna Group of Industries (MGI), has been recognised as “best brand” by India-based daily The Economic Times through an online event, “The Economic Times Best Brands 2021- Bangladesh Edition”, held recently. 
6 October 2021

Google to invest $1b to lift Africa internet access

Google on Wednesday said it will invest $1 billion over the next five years to allow for faster and more affordable internet access and support entrepreneurship in Africa.
6 October 2021

Another case filed against Eorange

Another case was filed against the controversial e-commerce platform Eorange’s top brass in Chattogram over unfulfilled orders amounting to Tk 11 lakh.
6 October 2021

Stocks go up for second day

Bangladesh’s stock market has continued its rise for two days straight amid increased investor participation.
6 October 2021

Potato traders in Munshiganj worried over price slump

Potato farms cover about half of the 67,000 hectares of arable land in Dhaka’s Munshiganj district, making it the region’s main cash crop.
6 October 2021

No bill if internet is down for 3 consecutive days: BTRC

Broadband users will not have to pay any bill in a month if their internet connection remains down for three consecutive days, said the Bangladesh Telecommunication Regulatory Commission (BTRC).
6 October 2021

Pran-RFL's concern Banga Building to raise Tk 300 crore

Banga Building Material Ltd, a sister concern of Rangpur Foundry Limited (RFL), is going to raise a fund of Tk 300 crore through issuing a Sukuk.
6 October 2021

StanChart unveils banking services for expatriates living in Bangladesh

Standard Chartered Bangladesh has announced the launch of expat banking services, through which expatriates residing in Bangladesh will enjoy access to a full range of banking services, seamlessly integrating their banking experience across Bangladesh and their home countries.
6 October 2021

Rise in nonfarm income reduces domestic migration: BIDS study

One per cent increase in the share of nonfarm income reduces domestic migration to other districts by 4 to 7 per cent in rural and municipalities, a new study conducted by the Bangladesh Institute of Development Studies (BIDS) finds.
6 October 2021

Stocks continue rising again

The stock market continued rising for the second consecutive day today thanks to the higher participation of investors.
6 October 2021

Switzerland proposes aviation agreement with Bangladesh

Switzerland today proposed to sign an aviation agreement with Bangladesh.
6 October 2021

NBR launches automated withholding tax system

The National Board of Revenue (NBR) today launched an automated system to enable public and private agencies deduct and deposit tax at source without taking trouble of doing the job manually.
6 October 2021

New e-commerce platform comes into being

Let’s GO Mart has started its operations as a new e-commerce platform as the company organised its commercial launch at The Daily Star Centre in Dhaka yesterday.
5 October 2021

Keep rising cotton prices in mind when selling RMG

Spinners yesterday asked garment exporters negotiating prices of apparel items with buyers to be aware of the price of cotton that has started to rise again in global markets.
5 October 2021

Bangladesh Bank on dollar selling spree to keep taka steady

The foreign exchange regime has made an about-face in the last two months as the Bangladesh Bank continues to inject US dollars (USD) into the market to halt the depreciation of the local currency and meet the growing appetite of the economy.
5 October 2021

Still undecided on new law on e-commerce

There might, after all, be no new law for the e-commerce sector, as per yesterday’s meeting of a high-powered committee formed by the government in light of the ongoing fraud in the sector.
5 October 2021