Exports slip 11pc in July

Exports declined in July as reduced working days for Eid-ul-Azha and coronavirus containment measures affected the production and shipment of most of the items, including clothing, the main foreign currency earner.
3 August 2021

India’s female labour participation rate falls

Female labour participation rate in India fell to 16.1 per cent during the July-September 2020 quarter, the lowest among the major economies, a government report said, reflecting the impact of pandemic and a widening job crisis.
3 August 2021

Challenges facing SMEs during pandemic

In Bangladesh, small and medium enterprises (SMEs) have heterogeneous characteristics, which are evident from their diverse business activities. However, the discussion on SMEs has a fundamental problem related to the definition and scope.
3 August 2021

Tech investment summit held in US

A weeklong roadshow styled “The rise of Bengal tiger: potential of trade and investment in Bangladesh” was organised in the USA in a bid to promote Bangladesh’s economy and the capital market.
3 August 2021

Appropriate policy needed to protect intellectual property

Bangladesh needs to have the appropriate policy for intellectual property (IP) protection, the legal framework of which is still incomplete, to encourage innovation and attract foreign investment, experts said yesterday.
3 August 2021

Another privately built jetty comes to Ctg port’s aid

Another privately built jetty has come to the aid of the Chattogram port as it allowed the country’s largest seaport to use the facility to berth bulk vessels carrying heavy items.
3 August 2021

Beacon share price on unusual rise

A recent unusual price hike of the Beacon Pharmaceuticals stock prompted the company to inform investors on July 28 that it had no undisclosed information that could have instigated the rise.
3 August 2021

Bangladesh should focus more on IP rights now: experts at AmCham event

Intellectual property (IP) has become a significant factor in productivity and economic growth for Bangladesh now, as the country is developing fast, experts said today.
3 August 2021

Stocks cross 6,500 points for first time

Stocks ended higher today riding on increased demand for banking stocks with the benchmark index hitting the 6,500-mark for the first time.
3 August 2021

HSBC profits double

HSBC on Monday said it would resume paying dividends to shareholders after first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off.
2 August 2021

Loose monetary policy ramps up stocks

The rising pace of the stock market index gained higher speeds after the announcement of another expansionary monetary policy for the current fiscal year amidst the pandemic.
2 August 2021

Cattle farming a new hope for haor people

A number of seasonal cattle farms have sprung up at villages found in Sylhet’s haor areas thanks to the availability of naturally-grown grass in the region, providing a much-needed alternative to paddy cultivation.
2 August 2021

Panel to decide on Evaly’s plea for more time

The commerce ministry will form a committee to decide whether it would provide six months to Evaly after the digital platform sought the time to respond in detail to the show-cause notice it received.
2 August 2021

IPDC profit jumps 30pc

IPDC Finance witnessed around 30 per cent growth in profits in the first half of 2021 despite the second wave of Covid-19 infections sweeping across Bangladesh.
2 August 2021

Remittance slips to 5-month low

Remittance flow to Bangladesh fell to a five-month low of $1.87 billion in July because of the post-Eid effects and fewer working days for banks.
2 August 2021

Let restaurants reopen after Aug 5

Restaurant owners have urged the government to allow their shops to reopen after August 5 as roughly 60,000 enterprises in the sector are at risk of permanent closure due to the ongoing Covid-19 pandemic.
2 August 2021

ADP spending rebounds

Development spending in Bangladesh rebounded in the last fiscal year although the implementation rate was still one of the lowest in three decades because of the disruption caused by the coronavirus pandemic and structural weaknesses.
2 August 2021

M&A rush, earnings power European stocks to new highs

European stocks scaled fresh peaks on Monday, driven by dealmaking activity and strong results from Europe’s biggest bank HSBC, with a rebound in Asian stocks also helping set a bright start to August.
2 August 2021

SSE makes $1.7b Scotia Gas exit in low-carbon push

Britain’s SSE on Monday agreed to sell its entire 33.3 per cent stake in Scotia Gas Networks (SGN) for 1.225 billion pounds ($1.70 billion) as the power producer sharpens its focus on renewables and low-carbon electricity.
2 August 2021

India’s factory growth rebounded in July

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create new jobs for the first time since the onset of the pandemic, a private sector survey showed on Monday.
2 August 2021