Stock brokers in peril for low turnover

Brokerage houses are in dire straits meeting their operating costs as low turnovers are leaving a massive dent in their incomes.
21 December 2022

Export stands out in turbulent year

Bangladesh's export sector showed its prowess in 2022 despite the devastating Russia-Ukraine war, unprecedented freight costs, energy crisis, record inflation and a risk of a recession that loomed throughout the outgoing year.
21 December 2022

2 more garment units get ‘green’ certificates

Two more Bangladeshi garment factories have been awarded with the green garment factory certificate in gold category for their outstanding initiatives to save environment and ensure compliance.
20 December 2022

Sustainability goes mainstream: Unilever Bangladesh shows the way

As the world becomes increasingly aware of the negative impacts of traditional business practices on the environment and society, corporations are reevaluating their purpose and goals.
20 December 2022

Stocks drop for fifth day

Stocks in Bangladesh yesterday took a dive for the fifth consecutive trading session while turnover once again plunged below the Tk 350-crore mark amid lower investor participation.
20 December 2022

Xiaomi to slash 10pc of jobs

China’s Xiaomi Corp has started laying off workers in its smartphone and internet services business, joining a long list of Chinese tech firms cutting jobs as the country battles Covid-19 outbreaks.
20 December 2022

Exports to India may rise if trade processes eased

Exports from Bangladesh to India would increase if the process of conducting trade is made easier as there is ample demand for local products in the neighbouring country, according to Commerce Minister Tipu Munshi.
20 December 2022

United Commercial Bank wins excellence in automation award

United Commercial Bank won an award in “Excellence in Automation – Bangladesh” at a 4th edition of UiPath Automation Excellence Awards 2022 organised by UiPath Business Automation Platform in association with The Economic Times. 
20 December 2022

Ensure disaster risk analysis before taking projects

Bangladesh needs to increase the inclusion of disaster risk analyses when formulating development projects in order to decrease economic losses stemming from natural disasters and climate change, according to experts.
20 December 2022

Bangladesh Lamps declares 20% cash, 7% stock dividends

Bangladesh Lamps Limited, an authorised manufacturer and distributor of TRANSTEC lighting products, including smart LED bulbs and tube lights, organised the 61st annual general meeting of the company on Monday.
20 December 2022

Brac Bank signs payment deal with US-Bangla Airlines

Brac Bank has signed an agreement with the country’s private airline, US-Bangla Airlines, over a payment gateway service that will enable the latter to accept payments for ticket purchases by travellers holding VISA and MasterCard through its official website and mobile app.
20 December 2022

Police to get Nagad’s services free of charge

Mobile financial service provider Nagad announced they will provide all types of services to Bangladesh Police free of charge for their contribution to the country’s Liberation War.
20 December 2022

Two more RMG factories receive green certificates

Two more Bangladeshi garment factories have been awarded with the green garment factory certificate in gold category for their outstanding initiatives to save environment and compliances.
20 December 2022

Dhaka stocks slide for fifth day

Dhaka stocks continue to drop for the fifth consecutive day today when the turnover plunged below Tk 350 crore again because of low participation of investors.
20 December 2022

Boro farmers getting Tk 170 crore incentive

The government is extending Tk 170 crore as incentive to boost cultivation and production of boro paddy.
20 December 2022

Betel leaf cultivation creeping up as exports expand

Betel leaf grown in Kushtia is not only popular across Bangladesh, but also beyond the country’s borders with increasing exports in the last several years encouraging more farmers to cultivate the crop.
20 December 2022

2022: a year of revival, struggle and resilience

Bangladesh welcomed 2022 on a strong footing and was about to recover from the coronavirus pandemic in full swing and fire on all cylinders. In fact, economic activities were almost back to the pre-Covid level.  
20 December 2022

BB moves to help use undisbursed farm loans

The Bangladesh Bank has decided to form a fund using the undisbursed portion of agriculture and rural loans and utilise them to accelerate farm production.
19 December 2022

Stocks continue to decline

Stocks continued to drop yesterday while turnover rose as some investors were active in the block market. 
19 December 2022

BB gives banks more time to adjust

Bangladesh Bank has extended the period meant for banks to make adjustments to their overexposure in the stock market in a bid to give relief amid existing bearish trends.
19 December 2022