Stocks extend losses

Most shares on the Dhaka Stock Exchange fell yesterday amid persisting uncertainty, deepening energy crisis and runaway inflation.   
20 July 2022

Idcol to get $256.5m global climate loan

Infrastructure Development Company Limited (Idcol) yesterday signed an agreement to receive $256.5 million from the Green Climate Fund (GCF) to promote private sector investment through large-scale adoption of energy-efficient technologies in the textile and garment sectors. 
20 July 2022

BB takes more steps to ease forex pressure

Bangladesh Bank yesterday took more initiatives, including raising the interest rate on its Export Development Fund (EDF), to ease the ongoing pressure in the country’s foreign exchange market.
20 July 2022

Offer prompt services to investors of savings tools

Bangladesh Bank yesterday asked banks to provide the financial services required for clients to invest in savings bonds and instruments.
20 July 2022

Had no certificate to handle risky chemicals

Privately-owned BM Container Depot had been running without proper authorisation and certification required for storing and handling hazardous chemicals, found a study of the Centre for Policy Dialogue (CPD).
20 July 2022

Inflation not nine-year high at 7.56%, it 5.9%: Kamal

Finance Minister AHM Mustafa Kamal criticised media for reporting that inflation hit a nine-year high in June.
20 July 2022

BGMEA seeks IMF’s cooperation to reach $100 billion export target

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought cooperation from the International Monetary Fund (IMF) to achieve the $100 billion garment export target by 2030.
20 July 2022

Banks asked for faster delivery of savings tools related services

The Bangladesh Bank today asked banks to provide clients with required financial services related to the investment of savings bonds and instruments as fast as possible.
20 July 2022

LafargeHolcim logs 10% rise in profits

The company’s profit rose 10 per cent year-on-year to Tk 122 crore in the second quarter, which was Tk 111 crore the previous year.
20 July 2022

Dhaka stocks extend losses

The Dhaka Stock Exchange (DSE) fell for the seventh consecutive day today amid deepening economic uncertainty.
20 July 2022

Chittagong shares open lower

Most companies listed on the Chittagong Stock Exchange (CSE) fell today.
20 July 2022

Dhaka stocks keep falling

The Dhaka Stock Exchange (DSE) opened lower today as most shares fell, extending the losses that the key index has witnessed in the previous six sessions amid deepening economic uncertainty.
20 July 2022

Geneva Package giving a new life to WTO

The Geneva Package has been agreed upon after a long and painful debate and sleepless nights overrunning more than 48 hours on June 17, 2022. World Trade Organisation (WTO) Director General Ngozi Okonjo-Iweala termed it an unprecedented package of deliverables.  
20 July 2022

Use of concrete blocks in public construction still low

The progress in using concrete blocks instead of bricks for all public development projects has been sluggish as government agencies have made little efforts in this regard due to lax monitoring by the relevant authorities, according to experts.
20 July 2022

Dry spell rings alarm for Aman cultivation

It’s rainy reason in Bangladesh and agricultural land is supposed to be wet with monsoon rains by now.  
20 July 2022

Inflation at 9-year high

Inflation raced to a nine-year high of 7.56 percent in June, in a development that lays bare the extent of the cost of living crisis gripping the low-income and middle-class people in Bangladesh thanks to a war taking place some 5,800 kilometres away in Ukraine.
19 July 2022

EDF facility for textile, apparel makers extended

The Bangladesh Bank yesterday extended the increased borrowing limit from the Export Development Fund (EDF) for textile millers and garment makers to December 31 this year. 
19 July 2022

ADP implementation bounces back

Government spending on projects under the Annual Development Programme (ADP) rebounded in fiscal 2021-22 following a two-year disruption caused by Covid-19 but the implementation rate it is still slow compared to pre-pandemic levels.
19 July 2022

Stocks fall further

The stock market index continued to bleed for a sixth straight day while suffering a big blow yesterday when the key index lost more than 1 per cent for the second consecutive day amid deepening uncertainties over the country’s macroeconomic indicators. 
19 July 2022

Industries seek protection from power cuts

Industrial unit owners of different sectors have demanded that the government provide them immunity from blackouts or load shedding 
19 July 2022