Which countries use ‘Made in Bangladesh’ furniture?

In the last fiscal year, Bangladesh shipped furniture to 62 countries,
24 July 2022

13 to get ‘Agricultural Important Person’ status

The government has announced honouring 13 people with the ‘Agricultural Important Person’ or AIP status for their outstanding contribution to the agricultural sector.
24 July 2022

Chattogram stocks keep bleeding

Shares on the Chittagong Stock Exchange (CSE) suffered steep losses today.
24 July 2022

Dhaka stocks suffer major losses

The Dhaka Stock Exchange (DSE) lost more than 1 per cent on the first trading day of the week today as most shares fell.
24 July 2022

Euro equals USD: the good, the bad and the ugly

On July 12, the euro equaled the US dollar, a fall for the former since its journey began in 2002.  
24 July 2022

Registration of new companies slows

Registration of new firms in Bangladesh declined 9 per cent year-on-year to 13,480 in the just-concluded fiscal year of 2021-22 owing largely to the persisting economic uncertainty at home and abroad, official figures showed. 
24 July 2022

HungryNaki scales down operations

HungryNaki, Alibaba’s food delivery affiliate in Bangladesh, has scaled down operations by half and laid off a majority of its employees. 
24 July 2022

BB to sign MoU with banks to cut default loans

Bangladesh Bank plans to sign a memorandum of understanding (MoU) with 10 commercial banks for taking various steps on a pilot basis, including periodically publishing their lists of defaulters, in a bid to reduce their default loans. 
24 July 2022

Junk stocks beat blue chips as rumours abound

Low-performing stocks have kept dominating over blue-chip and sound shares in an unpromising sign that the stock market in Bangladesh is driven more by speculation instead of the health and performance of companies. 
24 July 2022

Brac Bank to use Dutch global payments network

Brac Bank yesterday announced a partnership with TerraPay to enable non-resident Bangladeshis abroad to send funds to Bangladesh in real time. 
23 July 2022

60pc of fruits still imported to fill demand

Although Bangladesh is one of the largest producers of mango, jackfruit and guava in the world, about 60 per cent of the country’s demand for fruit is met through imports at an annual cost of around $30 million, according to experts.
23 July 2022

Pharma needs to prepare for post-LDC era

Bangladesh should quickly do some homework on how to tap its potential of earning billions from the global pharmaceuticals market as the country will lose its preferential trade benefits after graduating from a least developed country (LDC) in 2026, according to an economist.
23 July 2022

Newsweek highlights achievements of Bangladesh

The US weekly magazine Newsweek has highlighted the story of Bangladesh’s spectacular economic advancement and its achievement in eliminating poverty in its latest issue. 
23 July 2022

Website for November’s ‘Made in Bangladesh Week’ launched

The weeklong event will be organised by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in partnership with Bangladesh Apparel Exchange (BAE) to promote the local garment industry in global platforms.
23 July 2022

‘Local pharma industry should get ready to face post-LDC challenges’

Bangladesh should get prepared to utilise the immense potential of the billions of dollar worth global pharmaceutical industry as the nation will lose the preferential trade benefits after its graduation to a developing country, an economist said today.
23 July 2022

Regulatory moves target private sector, not public sector

Bangladesh Bank has recently taken some serious decisions, the speed and approach of which seem unusual.  
22 July 2022

Trial run of Patenga terminal hits a snag

The planned trial berthing of a vessel at the newly built Patenga Container Terminal (PCT) in the Chattogram port could not be begun yesterday due to the non-completion of some works. 
22 July 2022

Largest loan from IMF on the cards

The International Monetary Fund is expecting a formal request for a loan from Bangladesh soon to provide a buffer to the delicate foreign currency reserves amid global economic volatility even though the government remains in two minds about it.
22 July 2022

Forex crisis spills over to bond market

Banks in Bangladesh are already in a tight liquidity situation since they have to buy US dollars at higher rates to settle import bills. 
22 July 2022

Stocks drop for eighth day

Stocks in Bangladesh fell for the eighth straight trading day yesterday, triggering further panic among investors.  
21 July 2022