Inflation, economic volatility top threats to businesses

Higher inflation, macroeconomic volatility and geopolitical conflict are the top three threats for the business sector in Bangladesh for the next one year, according to the PwC’s global CEO survey.
16 March 2023

Export to UK may jump to $12b by 2030

Bangladesh’s annual exports to the United Kingdom would reach $12.3 billion by 2030 as apparel shipments will continue to enjoy duty-free market access in the country even after becoming a developing nation, according to a new projection.
16 March 2023

Food packaging needs to embrace new tech: experts

In Bangladesh there is an urgent need to upgrade from obsolete and unsafe food packaging practices to advanced and safe techniques, said speakers at a discussion yesterday. 
16 March 2023

Protection of environment, labour rights key to future growth of RMG

Both the European Union and the United States yesterday reiterated their calls to protect labour rights and the environment for the sustainability of the apparel business in Bangladesh.
16 March 2023

Cepa could be a game-changer for Indo-Bangla trade

The planned comprehensive economic partnership agreement (Cepa) could be a game-changer for both India and Bangladesh in terms of trade, said Indian High Commissioner Pranay Verma yesterday.
16 March 2023

Mahindra business to stay intact though local unit closes

India’s multinational automotive manufacturing company Mahindra & Mahindra’s (M&M) said its existing business in Bangladesh will continue although it is shutting down its subsidiary Mahindra Bangladesh Pvt Ltd (MBPL) here.
16 March 2023

Regain trust in electoral system using blockchain

In recent times, people seem to be smitten with the term, blockchain, popping it into conversations without much knowledge of the concept.
16 March 2023

Refrain from overpricing for profit

Poultry farmers and feed makers should refrain from over-profiteering by hiking prices indiscriminately, according to Agriculture Minister Muhammad Abdur Razzaque.
16 March 2023

Raise SME loan ratio to 25% by 2024

Bangladesh Bank yesterday asked banks and non-bank financial institutions to raise their loan disbursement ratio for cottage, micro, small and medium enterprises to 25 per cent of their outstanding loans by next year. 
16 March 2023

Re/DRESS launches first 100% recycled textile products in Dhaka

Re/DRESS, a fashion brand using nearly 100 per cent recycled cotton or polyester textiles in Bangladesh, has launched its products in Dhaka.
16 March 2023

DSE, CSE inch down in morning trade

The prime indices of Dhaka and Chattogram stock exchanges fell slightly in the morning trade today.
16 March 2023

Cultivation of potato, maize on same land sees success

Farmers in Nagarpur upazila of Tangail have achieved success in growing potato and maize together on the same land.
16 March 2023

Five money-saving tips

The cost of living is increasing significantly. As a result, managing family expenses relying only on the monthly income is becoming more difficult nowadays.
16 March 2023

Govt’s interest expenses jump over 22%

The government’s expenses on interest payments rose more than 22 per cent to Tk 40,792 crore in the first six months of the current fiscal year owing largely to higher expenditures on treasury bills, official figures showed.  
16 March 2023

Agri export suffers sharpest decline in 7 years

The export growth of agricultural products, including vegetables, fruits and dry food, decreased 26.96 per cent in the first eight months of the current financial year, the sharpest decline in seven years, official figures showed.  
16 March 2023

Swiss regulators rush to assuage fears over Credit Suisse

Swiss regulators said Credit Suisse can access liquidity from the central bank if needed, racing to assuage fears around the lender after it led a rout in European bank shares on Wednesday
15 March 2023

Interests of gig economy workers remain unprotected: experts

Bangladesh has seen tremendous growth in its gig economy over the past decade as nearly a million people in the country now provide online freelancing, outsourcing, ridesharing and delivery services, according to a paper presented at a seminar yesterday.
15 March 2023

Agriculture ministry to offer 45 services of 17 agencies

The agriculture ministry yesterday launched a digital platform to provide 45 agri-related services of 17 agencies to farmers, businesses, importers and exporters.
15 March 2023

Banks open 9:30am to 4pm in Ramadan

Banks in Bangladesh will remain open from 9:30am to 4:00pm on every working day during Ramadan, which may begin next week based on the sighting of the moon. 
15 March 2023

Most users not content with BBS data

Out of 14 types of statistics gathered by the Bangladesh Bureau of Statistics (BBS), eight are thought to be outdated by at least 50 per cent of people who use the data and participated in a new survey of the state-run agency. 
15 March 2023