Private sector credit growth falls to 33-year low
15 MIN(s) ago
Economy
Over half of all farmers earn below Tk 34,000 a year: BBS
15 MIN(s) ago
Economy
NBR misses revenue target for 10th straight year
15 MIN(s) ago
Economy
Rooftop solar nears 1,000MW despite policy hurdles
15 MIN(s) ago
Economy
New cyber platforms rolled out to boost security
15 MIN(s) ago
Economy
RMG, textile millers launch annual expo
15 MIN(s) ago
Economy
Inflation continues to hit purchasing power
15 MIN(s) ago
Economy
Smarter regulation for a competitive insurance industry
15 MIN(s) ago
Economy
Startup Bangladesh sells stake in Pulse Tech in first-ever exit
15 MIN(s) ago
Economy
BGMEA, OCAB join hands to attract Chinese investment in RMG
3 hour(s) ago
Business
Krishi Market traders left clutching at straws
If you had visited the Krishi Market in the capital’s Mohammadpur during the first half of yesterday, you might have noticed two young men trying to sell half-burnt soaps, packets of detergent and several containers containing cleaning agents on a rickshaw-van.
17 September 2023, 03:00 AM
Pharma exports up 15% in Jul-Aug
Pharmaceutical exports from Bangladesh grew nearly 15 percent year-on-year in the first two months of the current fiscal year as drug-makers secured international tenders, according to industry people.
17 September 2023, 02:30 AM
Growing debt servicing now puts pressure on forex reserves
The cost of debt servicing has risen significantly amid a higher flow of loans from development partners and an elevated level of interest payments, compounding pressure on the foreign currency reserve of Bangladesh, official figures showed.
17 September 2023, 00:00 AM
Cricket bat-makers hope to cash in on World Cup fever
Cricket bat-makers in Pirojpur’s Nesarabad upazila have gotten to work ahead of schedule with next month’s Cricket World Cup just around the corner, and they are hopeful of good sales during the showpiece event in neighbouring India.
17 September 2023, 00:00 AM
‘Data package bars to restrict customer choice’
There is no compelling reason to reduce the number of internet packages to 40 or discontinue three-day and seven-day packages and such a move would restrict customer choice, said a top official of a mobile operator.
16 September 2023, 18:00 PM
Concord Entertainment holds go-kart contest
Concord Entertainment Company Ltd recently organised “Bruvana Go-Kart Challenge 2023” at Xtreme Racing Bangladesh’s go-kart track in Ashulia, next to Fantasy Kingdom.
16 September 2023, 18:00 PM
Why are professionals leaving Bangladesh?
In recent times, we have observed a notable trend in Bangladesh’s professional landscape: an increasing exodus of skilled individuals seeking opportunities abroad, be it higher studies or better careers. Despite facing multiple hardships across living and professional development, this phenomenon is growing. One can easily ask: what are the intricate factors underpinning this migration?
16 September 2023, 18:00 PM
Cash-strapped Islami Bank lends to AnonTex
Distressed Islami Bank has approved a Tk 700 crore loan to a concern of AnonTex Group, one of the five large borrowers of Janata Bank that has been enjoying undue facilities despite making negligible repayment in 13 years.
16 September 2023, 18:00 PM
Lifebuoy, Brac to launch school hygiene programme
Unilever Bangladesh Ltd (UBL) and Brac signed a memorandum of understanding at the former’s corporate office in Dhaka yesterday to launch a hand hygiene programme of UBL brand Lifebuoy for schoolchildren.
16 September 2023, 18:00 PM
Kowchar becomes DMD of City Bank
City Bank has recently promoted Saif Ullah Kowchar, its senior executive vice-president, to the post of deputy managing director (DMD).
16 September 2023, 18:00 PM
Premier Bank, Mastercard launch prepaid card for travel agents
Premier Bank Ltd together with Mastercard launched a travel business prepaid card for travel agents yesterday.
16 September 2023, 18:00 PM
Dhaka Mass Transit Company inks deal with Mediacom
Dhaka Mass Transit Company Ltd (DMTCL) and advertising agency Mediacom Ltd have signed an agreement on inside branding services for advertising campaigns within metro rail.
16 September 2023, 18:00 PM
Cotton import likely to drop
Bangladesh’s cotton imports are likely to drop in the marketing year 2023-24 beginning from August because of lower consumption, said the US Department of Agriculture (USDA) last week.
16 September 2023, 18:00 PM
Liquidity stress at Islamic banks shows no sign of abating
Liquidity in Shariah-based banks in Bangladesh remains tight due to a dip in deposit collection and the banks’ inability to make the most of the central bank support to overcome the situation, Moody’s Investors Service said in a report.
15 September 2023, 18:00 PM
Saint Martin’s Island: Govt mulls seaplanes, cruise ships for tourists
Operation of sea planes and cruise ships will be introduced for tourists to access St Martin’s Island round the year, said Chairman of Cox’s Bazar Development Authority (CDA) Commodore Mohammad Nurul Abshar yesterday.
15 September 2023, 18:00 PM
Forex reserve falls by nearly $1.5b in 8 days
Bangladesh's foreign exchange reserve fell by almost $1.47 billion in a span of eight days
15 September 2023, 05:04 AM
Company non-existent, yet stocks fetching good money
While a number of blue chip stocks are trading at less than Tk 60 at the Dhaka Stock Exchange (DSE), shares of a company recently found to be non-existent were trading at Tk 195.6 yesterday.
15 September 2023, 02:00 AM
BBS data lays bare devastating impact of Covid-19
The scale of the immediate but devastating effects of the Covid-19 pandemic on Bangladesh’s economy emerged for the first time after the Bangladesh Bureau of Statistics (BBS) published the quarterly data of the GDP to meet IMF’s conditions.
15 September 2023, 00:00 AM
Unruly dollar aggravates market stress
A uniform exchange rate has remained a far cry in Bangladesh despite banks moving to embrace a single rate of the US dollar amid a deepening shortage of the American greenback.
15 September 2023, 00:00 AM
Soybean oil price cut by Tk 5 per litre
Refiners in Bangladesh yesterday cut the price of soybean oil by Tk 5 and palm oil by Tk 4 a litre after edible oil prices declined in the international market.
14 September 2023, 18:00 PM