UCB Asset to launch stable income open-ended fund

The fund offers several unique features designed to benefit retail savers
12 March 2023

No policy measure taken to contain high inflation

There has also been very little policy response to help out families at the bottom of the income ladder
12 March 2023

Dhaka stocks fall for second straight day

The indices of the Dhaka Stock Exchange (DSE) fell for the second consecutive trading day today.
12 March 2023

Stocks fall for second straight session 

The indices of Dhaka and Chattogram stock exchanges fell for the second straight session today.
12 March 2023

Local firms show manufacturing capabilities

From locally manufactured televisions and printed circuit boards to jeans made out of jute, a diverse range of products are being displayed by Bangladeshi companies at Bangladesh Business Summit 2023 to attract foreign clients. 
12 March 2023

Goods transport thru Dhaka-Ctg railway halved

Cargo shipments to and from Chattogram port via railways have halved as import-export activities have fallen sharply amid the ongoing US dollar crisis, according to official sources.
12 March 2023

Govt borrowing from BB may fuel inflation

The government has continued borrowing from Bangladesh Bank as commercial banks have been unable to come up with much-needed funds owing to a liquidity crunch. 
12 March 2023

Biz summit attracting investments: Jashim

The Bangladesh Business Summit could help attract a good amount of investment from abroad as the capabilities of local businesses are being highlighted at the three-day event, according to Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
12 March 2023

Aarong shifts Narayanganj outlet

Aarong has shifted its Narayanganj outlet to Almas Point on 59 BB Road. 
11 March 2023

‘Saudis see immense trade potential with Bangladesh’

Bangladesh’s bilateral trade with Saudi Arabia stood at around $2 billion in 2021, which is way lower than the potential, and the kingdom believes the amount will increase manifold in the days to come, a top Saudi business leader said yesterday.
11 March 2023

Frozen foods exporters assoc elects president

Bangladesh Frozen Foods Exporters Association has recently elected its president for a two-year term (2023-24). 
11 March 2023

Unilever Consumer Care posts 38.45% higher profit

Unilever Consumer Care Limited reported a profit of Tk 73.05 crore in the financial year that ended on December 31, up 38.45 per cent year-on-year, the company said. 
11 March 2023

How do we increase inward remittance?

It was possibly 2004-05. We were trying to determine the possible inward remittance pie for Bangladesh at a Bangladesh Enterprise Institute discussion. A study in this respect showed the possible pie to be $20 billion or so by 2012.
11 March 2023

Ensuring corporate governance, curbing NPL biggest challenges

The observation comes from Ali Reza Iftekhar, managing director and chief executive officer of Eastern Bank Ltd.
11 March 2023

Bangladesh not heading towards Chinese debt trap

Bangladesh yesterday strongly ruled out the possibility of falling into any Chinese debt-trap as the return on its investments is much higher than the cost of the funds, said Foreign Minister AK Abdul Momen yesterday. 
11 March 2023

‘Board of directors, CEOs play significant roles in banks’

BB Governor Abdur Rouf Talukder says at the 21st Nurul Matin Memorial Lecture on Ethics in Banking
11 March 2023

Chinese trade body CCPIT keen to invest more in Bangladesh

The China Council for the Promotion of International Trade signs deal with Bangladesh China Chamber
11 March 2023

Two-day zakat fair begins in Dhaka

The Center for Zakat Management organised the fair
11 March 2023

Response to high food, energy prices should focus on most vulnerable

Governments confront difficult policy choices as they try to shield their people from record food prices and soaring energy costs driven higher by the war in Ukraine.
11 March 2023

Forex reserves slip to six-year low

Bangladesh’s foreign currency reserves have slipped to a six-year low of $31.15 billion after the central bank cleared import bills to the tune of $1.05 billion with a number of Asian countries, official figures showed.   
10 March 2023