Protection of small businesses will be top priority now

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) would give highest priority to the protection of the cottage, micro, small and medium enterprises (CMSMEs), as they are the worst hit by the ongoing pandemic.
20 May 2021

Ring Shine Textiles commits forgery

Ring Shine Textiles has sold shares in the pre-IPO (initial public offering) period free of cost through a private offer, a clear act of forgery, according to a special audit of the Bangladesh Securities and Exchange Commission (BSEC).
20 May 2021

Trade deficit widens

The country’s trade deficit widened moderately in the first nine months of the ongoing fiscal due to higher import growth, which is a sign that the economy is gradually recovering from its depressed state of affairs.
20 May 2021

Spend wisely, save up to beat the pandemic

The ongoing coronavirus pandemic has led to great uncertainty over life and livelihoods. As the virus is not going to leave us anytime soon, it will continue to hurt economies and threaten jobs.
20 May 2021

Stocks fall on profit booking

The Dhaka Stock Exchange (DSE) experienced a fall today because of the profit booking tendency of the general investors.
20 May 2021

Mobile, internet subscribers rise

The number of internet users in the country registered moderate growth in March as people started to rely on various online platforms once again amid a second wave of the coronavirus pandemic.
19 May 2021

Sunflower acreage goes up on rising profits

Glee has spread around homesteads of sunflower farmers as they are expecting to make a good profit thanks to a bumper yield this year.
19 May 2021

Run-up to Budget FY2021-22: Financial plight grows for poor, unemployed

The upcoming budget should take a wide range of fiscal measures to lift the new poor out of poverty as they have been languishing in financial plight since the pandemic hit the country more than a year ago because of inadequate support from the government, experts said.
19 May 2021

UK’s Johnson announces urban renewal plans after promise to “level up”

British Prime Minister Boris Johnson on Wednesday announced a series of urban renewal projects worth 830 million pounds ($1.2 billion) in towns and cities away from London as part of his promise to “level up” the country’s economy.
19 May 2021

Asia snubs IEA’s call to stop new fossil fuel investments

Asian energy officials on Wednesday disputed the International Energy Agency’s (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow.
19 May 2021

Fed focus on jobs implies significant inflation overshoot

The US Federal Reserves determination to stimulate the economy through low interest rates and bond buying until employment returns to pre-epidemic levels will likely raise commodity prices significantly in the interim.
19 May 2021

Airbus may scrap sale of small-parts business

Airbus on Wednesday softened plans to sell off the production of mass-produced small parts and said it would consider a union-backed proposal to keep the activity in-house.
19 May 2021

Desco earnings dip 48pc

The earnings of Dhaka Electric Supply Company (Desco) plunged about 48 per cent in the third quarter of the current fiscal year because of an increase in energy cost and expenses.
19 May 2021

Stocks back to the black

Stocks rose again yesterday riding on higher demand for banking shares following a plunge the preceding day amid profit booking.
19 May 2021

Rubber industry suffers from low prices

The rubber industry in Sylhet is facing tough times due to a continuous fall in prices.
19 May 2021

Payra channel dredging to cost over Tk 5,600cr

The government yesterday accepted a proposal for dredging a channel for the Payra seaport in Kalapara, Patuakhali at a cost of Tk 5,629.18 crore.
19 May 2021

Tax-free income limit may remain the same

The government is likely to keep the tax-free income limit for individual taxpayers unchanged for the next fiscal year of 2021-22, said officials of the finance ministry yesterday.
19 May 2021

Pharmas rake in higher profits

Listed drug makers booked an 18 per cent growth in profit in the first nine months of the current fiscal year thanks to a decrease in marketing costs amidst the coronavirus pandemic.
19 May 2021

Govt to buy Tk 340cr LNG from Swiss firm

The government today gave the go-ahead to the import of 33.6 lakh metric million British thermal units (MMBTUs) of liquefied natural gas (LNG) worth Tk 340.62 crore.
19 May 2021

New budget will also have scope to whiten black money: finance minister

The scope to whiten black money will be there in the upcoming budget also, Finance Minister AHM Mustafa Kamal said today.
19 May 2021