Five power plants add 779MW to national grid

The government is all set to inaugurate four new power plants and an upgraded one, which will have the capacity to produce 779 megawatts of electricity.
9 September 2021

Govt goes all out to sign FTAs

Bangladesh is gearing up to sign free trade agreements (FTAs) and amend labour laws to continue to avail duty benefits on merchandise export once it comes out of the least developed country (LDC) status, said Commerce Secretary Tapan Kanti Ghosh yesterday.
9 September 2021

Stocks maintain gaining streak

Bangladesh’s stock market has maintained an upward trend for eight consecutive days now as the prime index of the country’s premier bourse continues to make record advances.
9 September 2021

Demand for local green malta on the rise

Locally grown green sweet orange, or malta, enhances immunity and has shown to be quite helpful for treating people with anemia.
9 September 2021

72pc of youths with smartphones use internet: survey

Over 72 per cent of youths out of the 86 per cent who have smartphones have access to the internet.
9 September 2021

Rawhide traders get two more months to reschedule loans

Bangladesh Bank has given rawhide traders additional two months to reschedule the loans they took last year to purchase rawhide with only 3 per cent down payment.
9 September 2021

USGBC commends Bangladesh’s success in building green garment factories

Mahesh Ramanujam, president and CEO of US Green Building Council (USGBC), has commended the role Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has played in developing Bangladesh as the home of the highest number of green garment factories in the world.
9 September 2021

Stocks rise for eighth consecutive day

Bangladesh's stock market continued to soar for the last eight consecutive days, which helped the index to reach a new height today.
9 September 2021

Industries minister urges Russia to invest in Bangladesh

Industries Minister Nurul Majid Mahmud Humayun has called upon the Russian entrepreneurs to invest in different sectors, including fertilizer, cement, leather and shipbuilding industries, in the country.
9 September 2021

Nafees Khundker new Bank Asia director

Nafees Khundker has recently been appointed director of Bank Asia Ltd.  He is also one of the sponsors of the bank, a press release said.
8 September 2021

Power cuts stall industrial revival in Syria’s Aleppo

Workshops in Syria’s Aleppo used to clatter on into the night before the war, but these days the machines grind to a halt at 6:00 pm sharp because of power cuts.
8 September 2021

Higher yield, prices bring cheer to jute growers

Jute growers are overjoyed as they took home good crops, which will allow them to make more profit because of the current higher prices of the golden fibre.
8 September 2021

SBAC Bank to offer merchant banking, asset management

The South Bangla Agriculture and Commerce (SBAC) Bank has decided to establish two subsidiaries to venture into merchant banking and asset management.
8 September 2021

Small jute mills attempt revival

Small jute mills of Rangpur division in the country’s northwest have resumed production after remaining shut for several months as raw jute prices soared after last year’s harvests and for the pandemic-induced business losses.
8 September 2021

Stocks reach new heights

Despite a price drop of most listed companies’ stocks, the benchmark index of the Dhaka bourse soared and broke its previous record yesterday.
8 September 2021

Paperfly legal notice to Evaly seeks Tk 7cr dues

Tech-based logistics provider Paperfly has recently sent a legal notice to beleaguered e-commerce platform Evaly asking for the settlement of outstanding payments for delivery service charges of Tk 7 crore.
8 September 2021

Luxury hotels turning around

After a prolonged lockdown, business of star-rated hotels has slightly improved amid the pandemic as business travel and flight operations have resumed, according to industry insiders.
8 September 2021

Bank deposits rise despite low returns

Deposits at banks saw remarkable growth last fiscal year as the coronavirus-linked uncertainty compelled people to cut non-essential expenses and save more, while lending growth shrank slightly due to business slowdown.
8 September 2021

Find out reasons behind rise of junk stocks

The Bangladesh Securities and Exchange Commission (BSEC) yesterday asked the Dhaka bourse to submit a report about the reasons behind the skyrocketing prices of low-performing companies and junk stocks.
8 September 2021

Mastercard, Brac Bank launch ‘Mastercard Tara World’

Mastercard and Brac Bank yesterday launched a “Mastercard Tara World” credit card in Bangladesh. 
8 September 2021