The once renowned state-run Dada Match factory in Khulna city may soon fade away from people’s memory as no effective measures have been taken to reopen it in the past 14 years.

Twenty companies have been honoured with a “President's Award for Industrial Development 2021" yesterday for their outstanding contribution to the national economy.

The event from Anandabazar Patrika brings together 50 speakers from government, business, IT, media, academia and other leaders from Bangladesh and India

Businesses yesterday demanded that the government lower the duty on the import of solar panels meant for use in industrial plants to 1 percent.

Orders relating to specialised banks, state-owned banks, and insurance and financial institutions all fall under the purview of the FID as well, said Fahmida Khatun, executive director of the CPD.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), shed 58.7 points, or 1.09 percent, to close at about 5,312 points, its lowest in 39 months.

About 40 percent of the population is now dependent on agriculture for jobs and that is why the government should not divert its attention from this sector at this time of austerity, said ‍Binayak Sen, director general of BIDS.

The CPD said commercial banks need to be strengthened, the independence of the Bangladesh Bank should be upheld, a conducive legal environment must be created, and a banking commission needs to be set up.

Bangladesh may face significant barriers in exporting products to European nations in the future unless small and medium enterprises (SMEs), which provide intermediate goods and raw materials to large industries and brands, focus on greening their production units, experts said yesterday.

A Chattogram court yesterday banned Legend Holdings owner SM Abdul Hai and his wife from leaving the country for their repeated failures to appear at court hearings.

175 companies from 17 countries are taking part in the show

Two Uruguayan wool exporters are currently visiting Bangladesh

Reserves hit $18.61 billion on May 21, up from $18.43 billion on May 15

They were awarded with the Independence Golden Jubilee Award 2023

The financial oligarchy under crony capitalism in the country is using banks as vehicles to fulfil their goals, said Fahmida Khatun, executive director of Centre for Policy Dialogue (CPD)

The fluctuation indicates that the growth of the economy, when measured in dollars, has been lower than initially projected, due to the weakening of the taka.

In the coming year, the NBR may announce tax rates that will not only be applicable for the outgoing income year 2023-24 but also for the next income year 2024-25.

The chief executives of at least three private commercial banks told The Daily Star that the BB had verbally allowed them to quote Tk 1 more than the exchange rate to collect US dollars amid the ongoing forex crunch.

According to a provisional estimate of the Bangladesh Bureau of Statistics (BBS), consumption of goods and services grew 3.53 percent in 2023-24, up from 2.52 percent in the last fiscal year.

Skill development, research and investment are crucial to facing the challenges of AI (Artificial Intelligence) and transforming them into opportunities, young tech entrepreneurs said yesterday.