DSE, CSE fall in morning trade

The DSEX, the benchmark index of the premier bourse in Bangladesh, inched down 3 point, or 0.5 per cent, to 6,353 at 11:25 am.
6 June 2023, 06:55 AM

Govt cuts public food imports to save forex

Bangladesh plans to cut public foodgrain imports in the next fiscal year in an effort to save foreign currencies and avoid putting further pressure on the already strained forex reserves. 
6 June 2023, 02:20 AM

39 firms to get productivity, quality award

Thirty nine firms are going to get the “National Productivity and Quality Excellence Award 2021” in recognition of their continuous improvement in productivity and quality. 
6 June 2023, 02:10 AM

3 submarine cable firms to team up owing to US dollar crunch

Three private submarine cables have backtracked from their initial decisions to supply bandwidth separately through undersea cables and have now agreed to collaborate on one connection amid the US dollar shortage. 
6 June 2023, 02:00 AM

Islamic banks’ loan surges 9 times their deposits in a year

Investments made by full-fledged Islamic banks in Bangladesh surged nearly nine times their deposits in a span of a year, raising questions as private sector credit growth has slowed in the entire banking sector, official figures showed.  
6 June 2023, 01:50 AM

How industries are coping

Over the last couple of weeks, power cuts have become a pretty regular event.
6 June 2023, 01:40 AM

Onion prices decline as imports begin

Onion prices witnessed a sharp fall in different parts of Bangladesh yesterday, a day after the government gave the go-ahead to import the vegetable from India.
5 June 2023, 18:00 PM

Steel prices unlikely to cool down

The price of steel products is unlikely to decline in the coming days from its current record level as the budget for the upcoming fiscal year has not offered any benefit to the sector, said a top executive.
5 June 2023, 18:00 PM

BAJUS demands amendment to baggage rule

The Bangladesh Jeweller’s Association (BAJUS) has proposed reducing the maximum weight of gold jewellery a person can bring from abroad under the baggage rule to 50 grams.
5 June 2023, 18:00 PM

Meghna Bank signs deal with Mutual Trust Bank

Meghna Bank Limited recently signed an agreement with Mutual Trust Bank Limited.
5 June 2023, 18:00 PM

MetLife inks deal with Dhaka Bank

MetLife Bangladesh and Dhaka Bank Limited have signed an agreement, enabling the insurer’s agents to access a range of the retail banking products.
5 June 2023, 18:00 PM

Ring Shine Textiles’ losses widen

Ring Shine Textiles Ltd incurred a loss of Tk 74 crore in the July-March period of the current financial year as its utility and net interest costs surged.  
5 June 2023, 18:00 PM

ECB sees no peak in core inflation despite moderation: Lagarde

European Central Bank President Christine Lagarde on Monday acknowledged “signs of moderation” in core inflation in the euro zone but reaffirmed it was too early to call a peak in that key gauge of price growth.
5 June 2023, 18:00 PM

Grameenphone to halve carbon emission by 2030

Leading telecom operator Grameenphone has pledged to reduce its carbon emissions by 2030.
5 June 2023, 18:00 PM

Oil market rallies on Saudi output cut

Oil rallied Monday after key producer Saudi Arabia slashed output by a million barrels in a bid to prop up prices, while fellow Opec+ members agreed to continue current cuts to 2024.
5 June 2023, 18:00 PM

Dhaka stocks close lower, snapping two-day winning streak

The key index of the Dhaka Stock Exchange dropped yesterday, snapping a two-day winning streak although turnover remained at an elevated level. 
5 June 2023, 18:00 PM

Board of directors: first frontier in building an ethical organisation

Remember the ethical lapses at Volkswagen, Wells Fargo, Wirecard and Enron?
5 June 2023, 18:00 PM

Grameenphone to halve carbon emission by 2030

The operator is taking 2019 emissions as the baseline
5 June 2023, 15:16 PM

39 firms to get National Productivity and Quality Excellence Award 2021

The industries ministry shared the names through a gazette notification
5 June 2023, 15:00 PM

Going Cashless: A path towards sustainable growth

Cashless payments are clearly gaining momentum, aided by increased regulatory support that is fueling innovation, a prime example being contactless payments.
5 June 2023, 14:16 PM