Stocks sustain losing streak

Stocks in Bangladesh yesterday continued their decline while turnover stayed below the Tk 500 crore mark as investor participation remains thin.
10 April 2023

Asia Insurance’s profit declines 36.5% in 2022

Asia Insurance Limited made a profit of Tk 9.84 crore in the financial year of 2022, down nearly 36.5 per cent year-on-year.
10 April 2023

Online courier business rebounds on Eid optimism

A spike in orders during the ongoing Eid shopping season has brought back a bright smile to online courier service providers, a development that is a sigh of relief for the industry that witnessed a downturn in growth over the past one and a half years. 
10 April 2023

Jewellers cut gold prices by 2%

Jewellers yesterday brought down gold prices because of a cut in rates of pure gold in the local market, according to a press release issued by Bangladesh Jewellers’ Association (Bajus).
10 April 2023

Female bankers in top positions on the rise

An increasing number of female bankers are gradually securing top positions at banks thanks to their skills, competence and dedication, according to a Bangladesh Bank report released yesterday. 
10 April 2023

Ratio of female bankers in top posts rising: BB

According to the Gender Equality Report of Banks and Financial Institutions
10 April 2023

Govt forms new RMG wage board

A gazette will be published today or by tomorrow
10 April 2023

Jewellers cut gold prices by 2%

A bhori will cost Tk 97,161 from tomorrow
10 April 2023

Fiscal policy can help tame inflation and protect the most vulnerable

High inflation can impose serious and lasting costs on the economy and people. But the distributive effects of inflation—the way it transfers money from some individuals to others—are complex.
10 April 2023

DSE, CSE edge down in morning trade

The prime index of the Dhaka Stock Exchange (DSE) fell slightly today.
10 April 2023

Soybean oil remains dearer though global prices slump

Although soybean oil prices have dropped in the international market, consumers in Bangladesh are yet to reap the benefit of this reduction as domestic prices remain the same.
10 April 2023

Handloom clothing traders, weavers worried by poor demand

Sales of handloom clothing, such as saris and lungis, usually peak during the shopping season centring Eid-ul-Fitr, the biggest religious festival for Muslims in Bangladesh.
10 April 2023

Export competitiveness project still in slow lane after 6 years

The commerce ministry’s Export Competitiveness for Jobs (EC4J) project, which aims to expand Bangladesh’s export basket, has once again failed to meet its deadline and become costlier due to slow implementation.
10 April 2023

5G will come when time is right

Jørgen C Arentz Rostrup, chairman of Grameenphone, and head of Telenor Asia, was recently in Dhaka to take part in the Bangladesh Business Summit. On the sidelines of the mega event, he spoke to The Daily Star about Telenor’s vision in Asia and Bangladesh, the future of the digital economy and the roadmap to 5G, among other issues. 
10 April 2023

BTMA demands drives against sales of illegally imported yarn

Bangladesh Textile Mills Association (BTMA), a platform of primary textile millers, yesterday urged the National Board of Revenue (NBR) to enhance monitoring in markets across the country against the sale of illegally imported yarn. 
10 April 2023

Interest cap, NPLs did more damage than Covid, war

The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the second report of a series to present how various sectors fared in the face of the two unprecedented shocks. 
10 April 2023

90pc of StanChart, UCEP training beneficiaries now employed

Approximately 90 per cent of 2,100 beneficiaries selected for a Re-skilling and Employment Reintegration Programme of Standard Chartered Bangladesh and Underprivileged Children’s Educational Programmes (UCEP) Bangladesh are now employed. 
9 April 2023

Commodity prices fall further globally

Energy prices declined 6.3 per cent in March, led by natural gas in Europe and coal, the World Bank’s Pink sheet reported.
9 April 2023

FBCCI offers Tk 1cr grant for victims

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will provide a grant of about Tk 1 crore to rehabilitate around 5,000 small and micro businesses affected by last Tuesday’s fire which burned down the Bangabazar market in Dhaka.
9 April 2023

Tesla to build gigafactory in Shanghai

Tesla Inc will build a gigafactory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday.
9 April 2023