Bangladesh could lose a staggering $27 billion in annual apparel exports by 2030 if it does not adopt a climate-adaptive approach due to high heat and floods, according to a new study.

All of us remain enamoured by principled political leaders like Bangabandhu, Mandela, and Gandhi, who we respect and admire and are willing to follow due to their sacrifices for upholding principles. However, this write-up is about a different type of leaders, namely corporate leaders.

Shares at the Dhaka Stock Exchange (DSE) slipped yesterday, a day after the government decided to increase electricity prices by Tk 0.34 and Tk 0.70 per unit from March.

The Bangladesh Chamber of Industries (BCI) yesterday demanded a five-year tax holiday for cottage, micro and small and medium enterprises (CMSMEs) beginning from fiscal year 2024-25 in order to foster their growth.

Fresh US sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter said.

Khurshid Alam and Habibur Rahman have been appointed on contractual basis for three years

National Insurance Day on March 1

World Bank economists say

North South University conducted a survey with the support of MetLife Bangladesh

Submarine cable SEA-ME-WE-4 will remain disconnected for maintenance for 12 hours from 7am

Mercantile Bank PLC’s authorised capital will go up to Tk 2,000 crore from Tk 1,200 crore now

The Forum panel, one of the platforms that is contesting in the BGMEA polls, said it will come up with a recovery plan for the struggling garment sector, beef up compliance, and work to make businesses easier if it is elected

United Insurance Company Ltd witnessed a modest increase in profit to Tk 7.92 crore in 2023

Standard Ceramic Industries Ltd, a tableware ceramic manufacturer, posted a Tk 47.42 crore in loss in the July-September period of the financial year 2023-24

Alif Industries Ltd plans to take over an export-oriented denim plant and a dredging company

Eastern Bank PLC, one of the leading private commercial banks in Bangladesh, will launch “Climate Change Adaptation Award” this year.

Owners of commercial passenger vessels, called launches in Bangladesh, yesterday demanded that the government reduce their advance income tax (AIT) per passenger on grounds of a drastic drop in business since the opening of Padma Bridge.

Daraz Group, Alibaba’s South Asian e-commerce arm that operates in five markets including Bangladesh, has announced that it will “bid farewell to many valued members” but stopped short of disclosing the number.

The central bank has for the first time set the minimum age, default loan recovery targets and other criteria for aspirant chief executive officers of banks and those looking to be reappointed in the top job as part of its efforts to restore good governance and reduce bad debts.

The automobile industry of Bangladesh is seeing a notable shift towards electric vehicles (EVs) with BYD Auto Co Ltd, the world’s biggest EV maker, set to launch its Seal model on the domestic market.