Gas price shock set to add to Europe’s industrial pain

Europe’s struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas intensifies, and the prospect of reduced Russian supplies looms.
8 December 2024, 18:00 PM

Navigating sustainability in the garment industry

Sustainability has become a cornerstone of global discourse, with frameworks like Corporate Social Responsibility, Social Responsibility, and Environmental, Social, and Governance shaping corporate expectations. The garment sector in Bangladesh has risen to meet these global priorities. However, while the industry is transforming, challenges remain in aligning these best practice efforts with equitable financial outcomes.
8 December 2024, 18:00 PM

Marginalised need higher support to fight inequality

Marginalised people in Bangladesh, who are in an unequal situation, should receive additional aid and facilities, said Professor Mustafizur Rahman, a distinguished fellow at the Centre for Policy Dialogue (CPD).
8 December 2024, 18:00 PM

Interest on Payra loan unchanged at 2%

The interest rate on a €470.78 million loan to the Payra Port Authority from the foreign exchange reserve will remain unchanged at 2 percent despite rising interest rates across the market.
8 December 2024, 18:00 PM

Dhaka’s 5-star hotels facing a dearth of guests

Most of Dhaka’s five-star hotels are not faring well for a dearth of guests, as political uncertainties and security concerns following the August 5 student movement are putting off most events and travel plans.
8 December 2024, 18:00 PM

Walton gets Tk 350cr orders at ATS Expo

Walton received orders worth around Tk 350 crore from various local and foreign companies at the “Advanced Technology Solution-ATS Expo 2024”, the country’s sole industrial expo organised by tech-giant Walton..SM Mahbubul Alam, managing director of Walton Hi-Tech Industries, provided the d
8 December 2024, 16:29 PM

Garment exports to US decline   

The USA's overall apparel imports from the world also fell by 0.33 percent to $67.04 billion during the January-October period, the data showed. China ranked first in apparel shipments to the USA, with Vietnam in second place
8 December 2024, 11:51 AM

Bangladesh economy might have expanded in Nov

Purchasing Managers' Index increases by 6.5 percentage points to 62.2  
8 December 2024, 10:24 AM

Bourses begin the week with downturn

Total turnover stood at Tk 73.80 crore
8 December 2024, 05:53 AM

One in five non-poor houses at risk of becoming poor: WB

Despite the significant progress in reducing poverty in Bangladesh, about one in five of the non-poor households remain at high risk of falling below the poverty line, according to a study by the World Bank..The study was presented during a session on “Poverty in Bangladesh based on HIES 2
7 December 2024, 18:32 PM

Businesses call to curb red tape, corruption to spur investment

Investment barriers at the National Board of Revenue (NBR) and the Office of the Registrar of Joint Stock Companies and Firms (RJSC) must be addressed immediately to bolster investor confidence and increase investment growth, according to experts and top business leaders.
7 December 2024, 18:00 PM

Economic census to begin this week

A fresh national economic census is set to begin this week after more than a decade, promising to provide an updated picture of economic activities in the country.
7 December 2024, 18:00 PM

Investment abroad hits $2b in 6 years

Bangladesh has long been hungry for foreign direct investments (FDI) but that has also been coupled with the outflow of funds through local companies seeking to generate business abroad.
7 December 2024, 18:00 PM

Deferring LDC graduation not an option

Education and Planning Adviser Wahiduddin Mahmud said Bangladesh has no option to defer its graduation from the least developed country (LDC) club.
7 December 2024, 18:00 PM

Revised budget may be Tk 50,000cr smaller

Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).
7 December 2024, 18:00 PM

Building generational wealth through startups

For too long, Dhaka’s high-earning professionals, non-resident Bangladeshis, prominent businessmen, and corporate leaders have been watching the startup revolution from the sidelines.
7 December 2024, 18:00 PM
7 December 2024, 15:30 PM

High profitability lured businessmen to become MPs: Rehman Sobhan

Prof Sobhan made these remarks during a public lecture at the four-day annual conference organised by the Bangladesh Institute of Development Studies (BIDS) at Hotel Lakeshore in Gulshan today
7 December 2024, 11:32 AM

NBR unfreezes accounts of UCB chairman Sharif Zahir, family   

The development came four days after the CIC blocked withdrawals and transfers from the accounts
7 December 2024, 10:53 AM

Wahiduddin Mahmud expects ‘politically elected government’ next year

The adviser shared his “opinion” at a conference in Dhaka today while responding to a question on when Bangladesh might achieve a developed country status.
7 December 2024, 07:09 AM