Construction costs decline on falling prices of materials

Construction costs in Bangladesh declined for the second consecutive month in October, driven by a fall in the price of building materials, official figures showed.
25 November 2023, 18:01 PM

Janata Bank comes short of BB’s targets

Janata Bank has failed to meet any of its performance improvement targets set by the central bank in the first half of the year -- a worrying development given that the state bank accounts for the second-highest volume of deposits and loans among the 61 scheduled lenders in Bangladesh.
25 November 2023, 18:00 PM

Matarbari project director sold numerous project supplies

Planning Adviser Prof Wahiduddin Mahmud today said the Matarbari project director had sold numerous project supplies before fleeing following the ouster of the Awami League government on August 5.
25 November 2023, 15:49 PM

‘Summer onion growers to get more incentive’

government is now emphasising production of summer onion to achieve self-sufficiency for the crop
25 November 2023, 13:26 PM

India's Tata Technologies' IPO garners bids worth over $18 billion

The bids were roughly 69.43 times the issue on offer, according to stock exchange data
25 November 2023, 12:24 PM

Tesla to invest up to $2 billion for Indian factory

The Elon Musk-led electric vehicle maker is willing to invest up to $500 million if the government approves the reduced duty for 12,000 vehicles and up to $2 billion if the concession is for 30,000 vehicles.
25 November 2023, 12:14 PM

Govt won't allow import of beef

A fall in demand started cutting its prices in the market, says Tipu Munshi
25 November 2023, 10:19 AM

Tazreen Tragedy: Survivors, victims’ families seeking justice 11 years on

Eleven years on from the devastating fire at Tazreen Fashions, relatives of the victims and injured workers are still crying out for justice, proper compensation, rehabilitation and capital punishment of the accused, including factory owner Delwar Hossain
24 November 2023, 05:56 AM

Most NBFIs incurred losses in July-September

Of the 23 listed NBFIs in Bangladesh, 17 published their financial reports
24 November 2023, 00:00 AM

Falling egg prices leave poultry farmers in a bind

price of each egg at farm level has fallen by between Tk 3 to Tk 3.5 in one month
23 November 2023, 23:00 PM

Strengthening taka leaves no impact on forex market

Association of Bankers, Bangladesh (ABB) decided to sell each US dollar at Tk 110.50 to importers and buy it at Tk 110 from exporters and remitters
23 November 2023, 18:30 PM

Allow correction of unintentional mistakes

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged Custom House, Chattogram to allow exporters to correct unintentional mistakes in documents during the assessment of consignments and thereby expedite shipments.
23 November 2023, 18:30 PM

WB to give $1.1b for 5 projects

finance a total of $1,112 million against five projects for the sustainable development of Bangladesh
23 November 2023, 18:15 PM

No deal yet between Crown Cement, Matarbari Power Plant

Officials of the Matarbari Power Plant in Moheshkhali upazila of Cox’s Bazar recently informed that they have not made any deal for selling fly ash to Crown Cement
23 November 2023, 18:05 PM

GDP growth stands at 5.78% in Q4 of FY23

Bangladesh’s economy slowed in fiscal 2022-23 although growth bounced back to 5.78 percent by the end of the year’s fourth quarter, government data shows.
23 November 2023, 18:01 PM

Will coming months offer any relief from high inflation?

Food inflation at 12.56 percent in October this year is the highest in a decade
23 November 2023, 15:28 PM

Dollar still costlier despite move to appreciate taka

Most banks collected remittances at Tk 122-123 a dollar today and sold at Tk 116-118 to the importers
23 November 2023, 14:30 PM

1,824 accounts have over Tk 50 crore in bank deposit

They hold over 15% of total bank deposits in Bangladesh
23 November 2023, 12:58 PM

168 out of 200 review prayers are from owners

Out of more than 200 applications seeking a review of the recently declared wage structure for garment workers, 168 came from factory owners
23 November 2023, 00:00 AM

Many SMEs in a tight spot

Enterprises running small-scale operations in Bangladesh are suffering from a significant fall in sales at a time when inflationary pressure has pushed up production costs
22 November 2023, 23:45 PM