Banglabandha land port sees record revenue

The Banglabandha land port in Rangpur’s Panchagarh district collected a record-high amount of revenue in fiscal 2020-21.
21 August 2021

Policy framed to recognise farm sector icons

The agriculture ministry has framed a policy to recognise for the first time contributions of agriculture producers, entrepreneurs and scientists towards the development of the farm sector.
21 August 2021

Sylhet tourism on road to recovery

Sylhet division is littered with numerous haors, waterfalls, swamp, hills, and tea gardens that make it an attractive tourist destination.
21 August 2021

No scope for lowering yarn price: BTMA

Spinners have kept yarn prices unchanged since August 10 and there is no scope for a reduction as cotton prices are high in the global market, said Mohammad Ali Khokon, president of Bangladesh Textile Mills Association (BTMA), yesterday.
21 August 2021

Soaring freight rates fuel commodity prices

Essential commodities such as edible oil, wheat and sugar have become costlier in Bangladesh as their prices rose in the international markets because of the supply crunch and increased shipping costs, hitting the pocketbooks of consumers.
21 August 2021

Austerity saves Tk 12,000cr

The government has saved about Tk 12,000 crore by embracing austerity in purchasing cars for its officials since the pandemic struck Bangladesh, a development that offers the scope to look into how to cut costs.   
21 August 2021

High transport costs bear down on RMG exporters

Garment exporters are feeling the pinch of exorbitant transport fares as the rebound in the shipment of goods thanks to the reopening global economy has raised the demand for trucks and covered vans.
21 August 2021

Business sustainability depends on relationship with stakeholders: experts

The sustainability of a company depends on relationships among its employees, suppliers, customers and the community, said speakers at an ICAB webinar yesterday.
21 August 2021

SBAC Bank appoints new AMD

The South Bangla Agriculture & Commerce (SBAC) Bank has recently witnessed the appointment of a new additional managing director. 
21 August 2021

Can’t reduce yarn prices further: BTMA president

Spinners have kept yarn prices unchanged since August 10 and there is no scope to reduce its prices further due to high international prices of cotton, said Mohammad Ali Khokon, president of Bangladesh Textile Mills Association (BTMA).
21 August 2021

Green Delta launches VAT return processing software

Green Delta Insurance Company has virtually launched an online VAT return processing software automating the whole process and ensuring transparency, convenience and timely processing. 
19 August 2021

Stocks fall for second day

The country’s stock market continued to fall for a second consecutive day yesterday as investors cautiously waited on the sidelines to see what comes next for the record-high market index.
19 August 2021

Aman cultivation brings cheer to haor farmers

Haor areas of Sylhet division usually remain inundated for most of the year but there are high grounds where Boro paddy can be grown.
19 August 2021

Make banking data available for clients

Banks and non-bank financial institutions (NBFIs) should make their data available for clients so that they can verify the actual performance of every lender, analysts said yesterday.
19 August 2021

Post office giving higher returns than banks

If you ever paid a visit to the General Post Office (GPO) in Dhaka’s Gulistan area, you may have noticed a queue of people waiting to avail services inside the main hall.
19 August 2021

9-6pc interest rates helped banks improve health: Kamal

The 9 per cent and 6 per cent interest rates fixed respectively for lending and deposits have helped banks in improving their health, Finance Minister AHM Mustafa Kamal said yesterday.
19 August 2021

Evaly’s liabilities Tk 543cr, higher than BB finding

Beleaguered e-commerce platform Evaly, which faces inquiries by the government, said its liabilities to customers and merchants stood at Tk 543 crore as of mid-July, which is 35 per cent higher than the amount found by an initial probe of Bangladesh Bank.
19 August 2021

City Group to build Tk 5,000cr hi-tech park

City Group, one of the country’s leading consumer goods processor and manufacturer, is to going to build a hi-tech park investing Tk 5,000 crore to manufacture technology products such as microprocessors, chips, circuits, mobile phones and laptops.
19 August 2021

Jabs for RMG workers within 45 days

Vaccinating workers is a top priority for the Prime Minister Sheikh Hasina-led government, which expects to start providing garment workers their jabs within one and a half months, Commerce Minister Tipu Munshi said on Wednesday.
19 August 2021

Bay Terminal project to gather pace

The construction of the Bay Terminal, a long-awaited project of the Chittagong port, is gaining momentum after slowing down due to the coronavirus pandemic as the government looks to complete it by 2024.
19 August 2021