Chui jhal farming spreads

Things that immediately come to mind when someone thinks of Khulna are the world’s one of the largest mangrove forests Sundarbans and delicious shrimps. But the southwestern city is also home to food dishes prepared with piper chaba, locally known as chui jhal, whose popularity is growing rapidly.
2 December 2022

Interest rate cap not coming off soon

The interest rate cap for businesses is not coming off anytime soon, said Bangladesh Bank Governor Abdur Rouf Talukder yesterday.
2 December 2022

Bangladesh Krishi Bank gets new DMD

Bangladesh Krishi Bank recently appointed a new deputy managing director.
1 December 2022

Semiconductors could diversify export basket

Exploring the potential of the semiconductor industry in Bangladesh could help start the much-needed diversification of exports from the country, according to Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry (MCCI).
1 December 2022

Lest they judge

Once upon a time, Nasiruddin Hojja was riding a donkey with his friend.
1 December 2022

Monthly export receipts go past $5b for first time

Bangladesh’s earnings from merchandise shipment crossed the $5-billion mark for the first time in November, a major boost for the country reeling from the foreign exchange crisis, official figures showed yesterday.
1 December 2022

Bangladesh’s share in global apparel trade grows

While retaining its second position globally, Bangladesh had its share in global apparel trade grow by 2.23 per cent to 6.40 per cent in 2021, according to World Trade Organization (WTO) data published on Wednesday.
1 December 2022

Quicksand below development: Citizen's Platform for SDGs

There has been discernible development in Bangladesh in the form of higher income and improved living standards in recent years but inequality has also deepened, said Debapriya Bhattacharya, the convener of the Citizen’s Platform for SDGs, Bangladesh.
1 December 2022

BB unlikely to remove interest rate cap anytime soon

Bangladesh Bank is unlikely to lift the interest rate cap on bank loans anytime soon, BB Governor Abdur Rouf Talukder said today.
1 December 2022

Regulator rejects Bay Leasing’s 5% dividend plan

The Bangladesh Securities and Exchange Commission (BSEC) has rejected Bay Leasing & Investment Limited’s plan to award a 5 per cent stock dividend for the year that ended on December 31.
1 December 2022

Economy faces tough challenges: economist

Bangladesh’s economy is facing tough macroeconomic challenges originating from a higher imbalance in its external account, depleting foreign exchange reserves, and an elevated inflation, said a noted economist today.
1 December 2022

IPO process should be transparent, easy

The initial public offering (IPO) process needs to be transparent and easy to make the stock market the main source of long-term financing for industries, according to Md Eunusur Rahman, chairman of the Dhaka Stock Exchange (DSE).
1 December 2022

Karmasangsthan Bank gets new DMD

Karmasangsthan Bank recently promoted its general manager to the post of deputy managing director.
1 December 2022

Pabna BSCIC Industrial Estate: Heavy industries settling in after food processors

Starting off in 1962, the Bangladesh Small and Cottage Industries Corporation’s (BSCIC) industrial estate in Pabna had initially drawn small investors, taking shape as one of the district’s biggest food processing hubs. 
1 December 2022

Stocks rise amid low turnover

The key indexes of the stock markets in Bangladesh rose yesterday although investors’ participation remains low amid ongoing economic uncertainty.
1 December 2022

Loan disbursement for women entrepreneurs still very low

Although the growing number of women entrepreneurs in Bangladesh have mostly kept good payment records over the past decade, their share of the total loans disbursed by banks and other financial institutions still remains low, according to experts.
1 December 2022

Narrow USD rate gap between formal and informal channels

The government should narrow the gap between informal and formal rates of the US dollar against the taka with a view to attracting remittances through official channels and augmenting foreign currency reserves, a noted economist said recently.   
1 December 2022

Remittances to lower income countries ease in 2022: WB

Cash transfers to low- and middle-income countries eased this year, with rising prices taking a toll on migrants' incomes, the World Bank said Wednesday.
1 December 2022

Investors staying away from banking stocks

Once one of the most sought-after securities, banking stocks in Bangladesh are now struggling as investors have stayed away from them for the last couple of months due to a lack of trust in their financial reports,
1 December 2022

Tax return submission: NBR extends deadline to Dec 31

The National Board of Revenue (NBR) yesterday extended the deadline for submitting income tax returns to December 31 in order to enable individual taxpayers to comply with the rules.
1 December 2022