‘Inflationary pressure won’t ease soon’

The inflationary pressure in Bangladesh will not ease anytime soon as the commodity prices will continue to spiral in the days to come, experts said today.
21 August 2022

Stocks continue to rise

Stocks in Bangladesh continued to rise for the fourth consecutive day today.
21 August 2022

Public sector must play major role in catalysing private climate finance

Climate change is one of the most critical macroeconomic and financial policy challenges that IMF members face in coming decades. The recent spikes in the cost of fuel and food—and the resulting risks of social unrest—underline the importance of investing in green energy and boosting resilience to shocks.
21 August 2022

Chattogram stocks fall

Shares on the Chittagong Stock Exchange (CSE) fell today.
21 August 2022

Dhaka stocks open higher

Shares on the Dhaka Stock Exchange (DSE) opened higher today.
21 August 2022

Carew sees record sales in FY22

The 84-year-old Carew & Co (Bangladesh) Limited, a state-owned distillery located in the Darshana area of Chuadanga’s Damurhuda upazila, registered record sales in fiscal 2021-22 thanks to increased demand for its distillery products.
21 August 2022

Bangladesh poised to be a big payment market

Bangladesh’s payment ecosystem is poised to leapfrog to become a very large substantial payment market within the South Asia and Asia Pacific region in the next few years, said Vikas Varma, chief operating officer for South Asia at Mastercard.
21 August 2022

Patenga Container Terminal: Govt to use IFC advice on appointing operator

Already in talks with a Saudi investor interested in running the newly built Patenga Container Terminal (PCT), Bangladesh recently signed an agreement with International Finance Corporation (IFC) to advise on the modus operandi.
21 August 2022

Tk 50cr project to perk up muslin

The government has lined up a roughly Tk 50 crore project aimed at developing and expanding the production of muslin fabrics in the country.
21 August 2022

Stocks tax policy scares off long-term investors

The government’s tax measures contradict its plan to turn the stock market into a destination for long-term investments, something apparent in the pace with which individuals and institutions trade shares simply to make a quick buck. 
21 August 2022

Exports to Saarc countries reach new heights

Bangladesh’s exports to South Asian nations reached a new high in the last fiscal year of 2021-22 for having grown steadily over the past three years, according to Export Promotion Bureau (EPB).
21 August 2022

Meghna Bank signs MoU with KDA School and College

Meghna Bank Limited and KDA School and College have signed a memorandum of understanding (MoU), under which the lender handed over computers to the school for establishing an ICT lab on its campus.
20 August 2022

Sonali Bank pays tribute to Bangabandhu

Sonali Bank Limited yesterday paid tribute to Bangabandhu Sheikh Mujibur Rahman and his family, who were martyred on August 15, 1975, and honoured the freedom fighters who served the bank.
20 August 2022

SIBL launches asset development campaign

Social Islami Bank Limited (SIBL) has launched a three-month special campaign, styled “Asset Development Campaign”, with the aim to create awareness about quality investment and timely repayment for the socio-economic development of the country.
20 August 2022

Courier, logistics services providers demand sector-friendly law

The courier and logistics services providers today urged the government to form a business-friendly law for the sector.
20 August 2022

Call for entries for ‘A better tomorrow CSR award’

For the second year in a row, The Daily Star and CSR Window are going to recognise businesses for their innovative and world-class corporate social responsibility (CSR) initiatives with the CSR Awards in a bid to encourage financing in social projects that have sustainable impacts on society.
19 August 2022

Farmers eye good profits from floating seedbeds

Farmers who grow vegetable saplings on floating seedbeds are hopeful of making good profits this year following two years of strife amid the Covid-19 pandemic, when there was a serious dearth in wholesale buyers due to restrictions on public movement.
19 August 2022

Govt again extends rice import deadline

The food ministry has again granted more time to business to open letters of credit (LCs) for importing rice as shipments continue to be very low while prices of the grain are rising due to the recent spike in fuel costs, according to a notice on Wednesday.
19 August 2022

Even cheaper varieties of fish dearer now

Cheaper varieties of farmed fish, such as climbing gourami, pangasius and tilapia, are major protein sources for the country’s lower and lower-middle class but the recent hike in fuel prices has led to a subsequent rise in their production and transport costs.
19 August 2022

Online shopping becomes costlier

Online purchases are getting costlier as courier companies in the country have collectively raised their fares in response to the recent increase in fuel prices.
19 August 2022