Bangladesh could avoid billions in climate damages and lost GDP growth this decade by making timely investments to withstand the projected impact of climate change, according to a new study by Standard Chartered. 

Pharma Aids Limited suffered a loss of Tk 23.71 lakh in the second quarter of the 2022-23 financial year owing to a decline in net sales and an increase in the cost of production.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Asian University for Women (AUW) entered into a new partnership to pave the way for female garment workers in Bangladesh to fulfill their dreams of higher studies.

Agriculture Minister Muhammad Abdur Razzaque has urged the developed countries to keep the food and agricultural inputs out of the purview of war and sanctions.

The World Bank will continue its cooperation and support in the development of the country’s ICT sector.

Stocks in Bangladesh rose slightly in the morning session today.

Farmers, buoyed by soaring prices of flour in the domestic market because of the decline in imports, have brought more areas under wheat cultivation this season in a welcoming development.  

Exports of light engineering equipment, including stainless-steel and iron ware, from Bangladesh have decreased in the first six months of the current fiscal year compared to the same period the year before.

2023 is already here and no doubt, the last three years have been rough for Bangladesh. It is almost as though a ship at sea navigating and making its way through rough waters during a storm.

Medical treatments are about to get costlier as production cost for manufacturing  drugs will go up by at least 25 per cent following a recent hike in gas and power charges, according to manufacturers.

Four state-run commercial banks (SCBs) in Bangladesh are struggling to generate revenue from their core business of lending due to voluminous non-performing loans and the lending rate ceiling.

The recent gas and electricity price hikes will push up the production cost of small businesses, said Sameer Sattar, president of the Dhaka Chamber of Commerce and Industry (DCCI), at an event yesterday.

The government should adopt policies to protect the rights of ethnic minorities and the transgender community, one of the poorest and most marginalised population groups in Bangladesh, in order to accelerate poverty reduction, a new report said.

The head of the World Trade Organization (WTO) said on Friday it was sticking with its 1 per cent projection for global trade growth in 2023 - for now.

US existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious optimism that the embattled housing market could be close to finding a floor.

Talent shortages in key sectors are likely to remain a feature of Western economies left with persistently tight labour markets in the wake of the coronavirus pandemic, global staffing company ManpowerGroup said.

Reaching the financial inclusion goal would take 200 years for Bangladesh if the country keeps working at the current pace in the area, said Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management (BIBM), yesterday.    

The Hongkong and Shanghai Banking Corporation (HSBC) and The Asian University for Women (AUW) yesterday jointly launched an “HSBC-AUW School of Apparel and Retail Management” at the educational institution. 

Xiaomi, a Beijing-based global smartphone brand, recently announced that the motherboards used in its handsets are now being produced in Bangladesh as the company looks to increase value-addition in the country’s nascent mobile manufacturing industry.

Reaching the financial inclusion goal would take 200 years for Bangladesh if the country keeps working at the current pace in the area, said Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management (BIBM), today.