DSE inches up, CSE down

The prime index of the Dhaka Stock Exchange (DSE) rose slightly in the morning trade today.
20 March 2023

Cassava cultivation catching on in hilly areas

Cassava, known as shimul alu in Bangladesh, is a root vegetable widely consumed in many countries across the globe for its dietary benefits, which include healthy carbohydrates and vitamin C.
20 March 2023

Mobile subscriber numbers up in Feb

The number of mobile subscribers in Bangladesh continued to grow for a second month in February on earlier falling for several months, with all but Teletalk displaying a solid performance.   
20 March 2023

67% RMG export earnings come from 10 items

About 68 per cent of Bangladesh’s annual export earnings from apparels is still confined to just 10 items, indicating that product diversification in the industry is yet to reach expected levels even after a journey of four-and-a-half decades.
20 March 2023

Local production of pharma raw materials gaining traction

Pharmaceutical companies are gradually enhancing their capacity to produce the raw materials needed to make medicines, which will go on to reduce Bangladesh’s over-reliance on imports and augment the country’s competitive edge in the global market. 
20 March 2023

In praise of redundancy

Redundancy in the corporate world, technology, business, or sports is commonplace. Although redundancy always conveys a negative connotation, it is inevitable. Then how can redundancy be praiseworthy? It all depends on how we look at it.
19 March 2023

Govt asks millers to cut sugar price by Tk 5 a kg

The commerce ministry yesterday asked millers and refiners to reduce sugar price by Tk 5 per kilogramme at the retail level three weeks after the revenue authority reduced import duty for raw and refined sugar in a bid to bring down the prices of the sweetener.
19 March 2023

BB to impose 4% penal interest on banks

The central bank has decided to impose a 4 per cent penal interest on the banks’ unpaid amount of loans made from its Export Development Fund (EDF).
19 March 2023

Tax collection growth slows further

The National Board of Revenue (NBR) registered a further slowdown in the growth of tax collection, making it harder for the agency to achieve its target for the current fiscal year of 2022-23 ending in June.
19 March 2023

UK to help Kazakh exports bypass Russia

Britain will help Kazakhstan develop export routes bypassing Russia, British Foreign Minister James Cleverly said on a visit to the Central Asian nation on Saturday, when he also signed a memorandum on supplies of critical minerals.
19 March 2023

United Insurance clocks 6% higher profit

United Insurance Company Ltd registered a 6 per cent year-on-year growth in profit to Tk 7.79 crore last year, thanks to higher premium collections and interest incomes.
19 March 2023

Southeast Bank wins Wasa award

Southeast Bank Limited won a “Dhaka Wasa Bill Collection Award” for financial year 2021-22. 
19 March 2023

Tourism job fair begins in Dhaka

A two-day career fair centring the travel and tourism sector began at Pan Pacific Sonargaon Dhaka in the capital yesterday, open from 10:00am to 8:00pm. 
19 March 2023

Crop protection assoc reelects chairman, secy gen

Bangladesh Crop Protection Association (BCPA) recently reelected its chairman and secretary general. 
19 March 2023

Stocks return to red after a day

The indices of the Dhaka Stock Exchange (DSE) returned to the red yesterday after a day’s gain.
19 March 2023

High prices may cut demand by 20%

The demand for essential commodities may fall 20 per cent year-on-year in the upcoming month of Ramadan thanks to the high prices of the items in the market, according to a paper by the commerce ministry.
19 March 2023

Bank Asia makes Tk 305cr profit in 2022

Bank Asia Ltd posted a 12 per cent year-on-year increase in profit to Tk 305.47 crore in the financial year that ended on December 31.
19 March 2023
19 March 2023

Banks to pay 4% penal interest for unpaid EDF loans

Currently, the volume of the EDF is $6 billion and the interest rate on EDF loans is 4.5%
19 March 2023

Stocks snap gains

The indices of the Dhaka Stock Exchange (DSE) returned to the red today snapping a day’s gain.
19 March 2023