How to create carbon-neutrality in agriculture

Agriculture is one of the major contributors to greenhouse gas (GHG) emissions, accounting for approximately 25 per cent of global emissions.
27 March 2023

Tangail sari makers see low turnout of wholesale buyers

Tangail sari weavers and traders are so far disappointed with the low turnout of wholesale buyers at Karatia market in Tangail sadar upazila as they had hoped to make good sales on the occasion of Eid-ul-Fitr this year.
27 March 2023

Internet subscriptions rebound after six months

The number of internet subscribers in Bangladesh saw its first rebound after six months in February this year thanks to a jump in mobile internet users.
27 March 2023

NBFIs lose over 48,500 deposit accounts in 3 months

Non-bank financial institutions in Bangladesh lost 48,637 deposit accounts in the three months to December as savers moved away from NBFIs owing to the imposition of the cap on the deposit rate and the erosion of confidence in the wake of allegations of irregularities at some banks. 
27 March 2023

Bike sales drop 30% in two months

Motorcycle sales declined by 30 per cent in Bangladesh in the past two months due to higher inflationary pressures and a draft policy that makes securing a driving licence mandatory before buying two-wheelers.
27 March 2023

Food import cost ballooning owing to scanty local output

Although Bangladesh has almost achieved self-sufficiency in rice production, its dependence on the international market remains high for food items with import cost rising two and a half times to Tk 80,800 crore from a decade ago.
27 March 2023

Telcos’ payment service set to spark debate

Mobile network operators have launched a service that would allow subscribers to make payments to secure some government certificates using their mobile balances, a move that may generate a debate about its legality.
26 March 2023

Central banks must enhance transparency to build trust

The Bank of Canada published a detailed summary of its Governing Council deliberations for the first-time last month, joining nearly two dozen other central banks in regularly releasing detailed information on monetary policy decisions.
26 March 2023

New transmission line may not bring gas to users soon

Establishing a gas transmission line in the country’s northern districts has almost been completed, but people and industries in the region will not benefit from the progress immediately because of a lack of a distribution network.
26 March 2023

How independent are independent directors?

All major strategic and operational decisions of highly successful financial institutions across the world are executed by their management upon proper vetting, review, and due diligence by the board of directors.
26 March 2023

BGMEA again calls for duty-free access

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently relaunched an initiative seeking duty-free access to the US market for apparels made from American cotton.
26 March 2023

BSEC to get power to dissolve board without hearing

The finance ministry has drafted rules empowering the Bangladesh Securities and Exchange Commission (BSEC) to dissolve the board of listed companies without any hearing if they fail to submit financial reports or follow corporate governance. 
25 March 2023

‘Dearth of communication skills hinders IT sector growth’

The lack of basic communication skills -- speaking clearly, understanding the needs of their customers and writing properly -- among fresh graduates is a major drawback for local industries, especially for the information technology (IT) sector in Bangladesh.
25 March 2023

Chicken prices come down

The retail price of broiler chicken has fallen further in Bangladesh as four major poultry companies are now selling the meat at a maximum of Tk 195 per kilogramme (kg) directly from their farms.
25 March 2023

Soybean consumption to rise in Bangladesh: USDA

However, households are shifting to palm oil from soybean for high prices
25 March 2023

Fashion brands expect huge Eid sales as Covid fear goes away

Though Eid is still a month away, shopping centring the festival has already begun as consumers are flocking to fashion outlets to buy lifestyle items.
24 March 2023

Shwapno targets massive expansion

Shwapno, the largest retail chain in Bangladesh, plans to raise the number of its stores by 10 times to 3,000 in the next three to five years to meet the growing demand for comfortable shopping among urbanites and become a profitable entity by increasing sales volume. 
24 March 2023

Govt to appoint int’l operator for New Mooring terminal

The government is going to appoint an international operator to run New Mooring Container Terminal (NCT) of the Chattogram port. 
24 March 2023

‘Affordable’ prices still out of reach for many

The Ministry of Livestock and Fisheries yesterday started selling milk, eggs and meat at “affordable prices” across 20 locations inside Dhaka in a bid to stabilise the market during Ramadan.
24 March 2023

Top officials of UFS laundered Tk 170cr

The Bangladesh Securities and Exchange Commission (BSEC) has decided to file a case against some top officials of an asset management company for laundering Tk 170.69 crore from four open-ended mutual funds.
24 March 2023