Stop export of soybean meal: feed millers

Feed millers have called upon the government to stop the export of soybean meal, a major ingredient of feed for poultry, fish and cattle, for the sake of the livestock industry in the country.
22 September 2021

Commerce ministry should support customers conned by e-commerce firms: Kamal

The commerce ministry will have to take the primary responsibility to help the customers conned by some rogue e-commerce firms get refunds, said Finance Minister AHM Mustafa Kamal.
22 September 2021

Bangladesh continues strong recovery from pandemic: ADB

Bangladesh’s gross domestic product (GDP) is expected to grow by 6.8 per cent in fiscal year 2022, according to the latest Asian Development Outlook 2021 released today by the Asian Development Bank (ADB).
22 September 2021

Stocks fall for profit booking

The stock market index dropped today just after touching a record high a day earlier.
22 September 2021

Chinese company to invest $6.5 million in Dhaka EPZ to make toys

Meigo (Bangladesh) Ltd, a fully foreign owned Chinese company, is going to establish a toy manufacturing factory in Dhaka Export Processing Zone with an investment of $6.55 million.
22 September 2021

Transport strike: Few industries using own vehicles to unload goods

Most of the operations at Chittagong port remain suspended for the second consecutive day today, as a faction of owners and workers of goods transport are observing a countrywide 72-hour work abstention since yesterday.
22 September 2021

PM seeks US investment in ICT, renewable energy

Prime Minister Sheikh Hasina has sought US investment in Bangladesh’s promising sectors such as information and communication technology (ICT), renewable energy, agro-processing, blue economy, tourism and hi-tech parks.
22 September 2021

E-commerce Industry: Still left to run without reins

E-commerce firmly began to put down roots in Bangladesh back in 2009 and since then has gone on to become a mainstay in the retail landscape.
21 September 2021

Sonali Bank tops govt performance scoring

State-owned Sonali Bank Limited secured top position among all government banks in implementing an annual performance agreement 2020-21 signed with the finance ministry’s Financial Institutions Division. 
21 September 2021

Daraz relaunches dMart campaign

E-commerce platform Daraz Bangladesh relaunched its dMart campaign yesterday to give customers a special opportunity to conveniently grab their daily essentials.
21 September 2021

Stocks jump for cuts in bond, savings interest rates

Shares on the Dhaka Stock Exchange rose for the second consecutive day yesterday thanks to the investors’ sustained optimism and a cut in the interest rate on savings certificates and wage-earners development bonds.
21 September 2021

Dairy farming gets costlier

Milk production has turned costlier in the past few months due to soaring prices of animal feed, leaving dairy farmers with little hope of securing expected profits.
21 September 2021

E-commerce firms warned for anti-competitive practices

Bangladesh Competition Commission (BCC) yesterday warned e-commerce platforms that punitive measures would be taken over predatory pricing through abuse of dominant positions in the market and anti-competitive practices, including collusion.
21 September 2021

ADB embarks on $12b lending scheme

The Asian Development Bank has launched a new country partnership strategy (CPS) for Bangladesh with a plan to accelerate lending in order to boost competitiveness, employment, green growth and social protection.
21 September 2021

SBAC Bank chair steps down

SM Amjad Hossain, chairman of South Bangla Agriculture and Commerce Bank, has expressed his intention to resign, citing illness.
21 September 2021

Leasing out state jute mills: Ministry vetting 12 proposals

Over a year past shutting down state-run jute mills, the government has made little progress in modernising and reopening them, up until now having merely selected some potential lessee proposals for ministry-level vetting.
21 September 2021

Govt cuts interest rates of savings tools

The government has cut the interest rate on savings certificates and wage-earner bonds by 1 to 3 percentage points – a move that may help the authorities save but hurt the middle-income group dependent on the returns to make a living.
21 September 2021

Transport strike affects export, import

The transport operators’ countrywide strike yesterday affected export and import of goods at a time when businesses have been attempting to make a recovery from the fallouts of the Covid-19 pandemic.
21 September 2021

Sun may disrupt Bangabandhu Satellite-1’s broadcasting services for 8 days

The broadcasting services of Bangabandhu-1 satellite may get disrupted for eight days starting from September 29 because of sun outage, which means the interruption in or distortion of geostationary satellite signals caused by interference of the sun.
21 September 2021

ADB launches new strategy to help Bangladesh boost competitiveness

The Asian Development Bank (ADB) has launched a new country partnership strategy (CPS) for Bangladesh to boost competitiveness, employment, green growth and social protection.
21 September 2021