Japanese seafood processor to export scallops from Bangladesh

Japan Delica Co, an importer and processor of seafood, will launch a new business in Bangladesh in October for processing Japanese scallops and selling them in Europe, the United States and other countries, The Japan News reported yesterday.
26 August 2024, 18:00 PM

Agri product exports growing slowly. Here’s why

Even though Bangladesh is an agricultural country, its agricultural product exports grew at a slower pace compared to other goods over the past decade due to a lack of policy support, high costs and the absence of good agricultural practices.
26 August 2024, 18:00 PM

Data anarchy in revenue and expenditure continues

Although the authorities took steps to eliminate mismatches in export data in recent months, discrepancies in the data of revenue collection and expenditure among government agencies continue to persist.
26 August 2024, 18:00 PM

Bank accounts of 4 firms linked with S Alam’s personal secretary frozen

The BFIU found Tk 99.7 crore at the accounts of four companies of Md Akiz Uddin, also a former deputy managing director of Islami Bank Bangladesh
26 August 2024, 15:02 PM

75% telecom towers in Feni still non-functional: BTRC

Some 1,008 out of 14,551 towers are inactive in 11 districts
26 August 2024, 14:10 PM

Banking details sought of S Alam, 12 family members, companies

The BFIU also sought information related to their loan accounts with guarantee and loan repayment
26 August 2024, 12:51 PM

Importers can take delivery of 1,850 containers from Pangaon terminal: NBR

The permission was given as rail communication to Kamalapur ICD has remained suspended
26 August 2024, 12:41 PM

What went wrong for Nestle CEO Mark Schneider

Two years ago, Mark Schneider could do nothing wrong; now he seems to get it all wrong
26 August 2024, 11:59 AM

22-carat gold now Tk 127,942 a bhori, a new record

Jewellers raised gold prices by Tk 1,936 a bhori with effect from today
26 August 2024, 10:43 AM

Stocks rise marginally

Stocks in Bangladesh yesterday maintained their upward momentum for a second day consecutively as Khondoker Rashed Maqsood, the new chairman of the Bangladesh Securities and Exchange Commission, made an announcement that bolstered investor confidence..Maqsood said that they will conduct a
25 August 2024, 18:00 PM

Now Social Islami Bank freed from S Alam Group

After Islami Bank, S Alam Group’s control over Social Islami Bank ended yesterday after the Bangladesh Bank decided to dissolve the board of the Shariah-based bank that was heavily dominated by individuals linked to the conglomerate.
25 August 2024, 18:00 PM

BATB’s profit rises 3.7% in Q2

British American Tobacco Bangladesh (BATB) posted a profit of Tk 511.92 crore in the second quarter of this year.
25 August 2024, 18:00 PM

Hatem new BKMEA president

Mohammad Hatem has been elected as the president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).
25 August 2024, 18:00 PM

China coal plant approvals plunge as green power grows: study

China approved the building of nine gigawatts (GW) of coal power generation in the first half of 2024, down by more than 80 per cent compared with a year earlier as the nation adds renewable energy capacity in record amounts, according to a study published on Aug 22.
25 August 2024, 18:00 PM

Debapriya may propose 10-member panel to prepare white paper

The panel, which will prepare a white paper on the state of the economy, will consider incorporating issues beyond its mandate depending on the situation, said Debapriya Bhattacharya, the panel chief.
25 August 2024, 18:00 PM

BSEC to focus on good governance, transparency

The Bangladesh Securities and Exchange Commission (BSEC) will focus on ensuring good governance and transparency so that the confidence of investors in the stock market makes a rebound, said its chairman, Khondoker Rashed Maqsood, yesterday.
25 August 2024, 18:00 PM

Transport activities partially resume along Dhaka-Ctg highway

Transport activities through the Dhaka-Chattogram highway partially resumed yesterday after a three-day disruption due to flash floods.
25 August 2024, 18:00 PM

Eliminate scope to whiten black money

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) yesterday demanded the abolishment of a provision that allows black money to be whitened without scrutiny by paying a 15 percent tax.
25 August 2024, 18:00 PM

Govt to give no quarter for black money

The interim government will not leave any scope for generating black money and the Bangladesh Bank is already working to bring money siphoned off abroad back into the country, Finance Adviser Salehuddin Ahmed said yesterday.
25 August 2024, 18:00 PM

Rice prices rising despite ample harvests

Rice prices are rising in spite of an ample amount being produced in the just concluded fiscal year, causing hardship for low and fixed-income people who are already struggling to make ends meet amid persistently high inflation.
25 August 2024, 18:00 PM