Walking back from the corner shop, Mr Chowdhury met a neighbour who inquired about what his sons are doing nowadays.

Bangladesh Lamps Ltd is going to set up a new production line to manufacture accessories at its existing factory in Narsingdi’s Shibpur.

The Business Initiative Leading Development (BUILD) yesterday demanded the government make the company registration process fully automated, said a press release. 

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon seeking a review of the gas and power prices, as they are facing difficulties because of the high prices of energy, Commerce Minister Tipu Munshi said yesterday.

State-run Titas Gas Transmission and Distribution Company Ltd yesterday said its profit dipped 13 per cent year-on-year in the first six months of 2022-23 fiscal year, despite it posted higher earnings in the second quarter.

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon to review gas and power prices, as they are facing difficulties because of the high prices of the two, Commerce Minister Tipu Munshi said today.

The commerce ministry would continue its advocacy with other ministries to simplify the process of obtaining certificates and registration, including five-year trade licences, to ensure ease of doing business, Commerce Minister Tipu Munshi said today.

It bears remembering that, as recently as the second half of 2021, the Federal Reserve considered that the surge in consumer price inflation would dissipate, with price increases returning to the Fed’s 2 per cent target in 2022. In testimony before Congress, Fed Chair Jerome Powell affixed the now infamous “transitory” moniker to the ongoing price increases, which he ascribed to temporary supply bottlenecks and price declines in the early stages of the pandemic.

Stocks in Bangladesh edged down in the morning session today.

British retail giant Primark’s CEO Paul Marchant has praised the development Bangladesh’s garment sector has achieved in production of apparels in green factories.

Life has become exceedingly difficult for craftsmen that make different bamboo products used in agriculture and fishing as production costs have soared in recent years.

Singer Bangladesh yesterday announced that it registered Tk 7.3 crore as profit after tax in 2022, the lowest in 14 years, attributing the increased cost of raw materials, higher freight rates and devaluation of taka against the US dollar for the fall.

The price of the most-consumed items during Ramadan such as chickpeas, dried peas and dates has increased in the wholesale markets in Dhaka and Chattogram due to a supply shortage, two months before the fasting month begins.

In the face of a soaring cost of living, many low and middle-income people in Bangladesh have either ditched branded products or switched to smaller packs, causing consumer goods producers and marketers to record a slowdown in sales in 2022. 

Amazon (AMZN.O) workers at a warehouse in central England walked out on Wednesday in protest over pay, marking the first time the U.S. tech company's operations in Britain have faced strike action.

Mutual Trust Bank (MTB) has recently signed an agreement with Rahim Textile Mills, a concern of New Asia Group, for providing payroll banking services to its employees.

Bank Asia Limited has won a “Remittance Award 2022” conferred by the Centre for Non-Resident Bangladeshis (NRB) for outstanding contribution in collecting remittance for 2022.

Unique Hotel & Resorts Limited, the owning company of The Westin Dhaka, made Tk 29.44 crore in profit in the second quarter of the current financial year, up 270 per cent year-on-year.

Runner Automobiles Ltd, the country’s leading bike manufacturer, suffered losses for the second consecutive quarter in October to December owing to a sharp decline in the sales of motorcycles, three-wheelers and commercial vehicles. 

The Dhaka Chamber of Commerce & Industry (DCCI) has called for substantial reforms to the Arbitration Act 2001, the Bankruptcy Act 1997 and the Companies Act 1994 in order to attract investments from both local and foreign investors.