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Dhaka stocks rise sharply at open 

Most shares on the Dhaka Stock Exchange (DSE) rose today, helping the key index add more than 50 points in the first one hour of trading. 
5 July 2022

Govt allows rawhide export this year as well

Like previous years, the government has been approving applications of different companies seeking to export rawhide to create demand and enable better prices, said Tapan Kanti Ghosh, senior secretary to the commerce ministry, yesterday. 
5 July 2022

Rawhide traders worried over price decline

The price of rawhide is now lower compared to that two to three months ago for which the traders of Savar’s Harindhara bazar, one of the country’s hubs for raw leather, are worried over what lied in wait for them in upcoming Eid-ul-Azha.
5 July 2022

Dhaka Bank focuses on SMEs, retails for growth

Dhaka Bank Ltd has big plans for small and medium enterprises and retail clients as it looks to cement its position by reaching out to the under-served segments digitally, said its chairman Abdul Hai Sarker.
5 July 2022

GP sees stocks fall while Robi enters bull run

Stocks of Grameenphone have been falling ever since the government banned the country’s top telecom company from selling new SIM cards at a time when shares of its main competitor, Robi Axiata, have entered a bull run.
5 July 2022

Locally made AI chatbot pulls global clients

Local technology company Reve Chat is now facilitating access to information for citizens of Mexico while protecting their personal data with its AI-enabled chatbot, underscoring the Bangladesh tech industry’s growing clout in the global markets.
5 July 2022

Extra cash incentive planned for non-cotton RMG exports

The government could pay additional incentives to the exporters of non-cotton apparel items in order to help them offset the severe impacts of the Russia-Ukraine war on the shipment of garment items. 
5 July 2022

Trade deficit hits historic high

Bangladesh’s trade deficit hit a historic high of $30.81 billion in the first 11 months of the 2021-22 fiscal year, intensifying the pressure on the macroeconomic zone.
4 July 2022

First-ever housing bond launched

Thousands of low and middle-income urban and rural families in Bangladesh, often underserved by commercial banks, are expected to be able to take out affordable housing loans through the International Finance Corporation’s investment in the country’s first housing bond to be issued by Brac Bank. 
4 July 2022

NBR extends VAT cut for edible oil imports

The National Board of Revenue (NBR) yesterday extended the opportunity for edible oil refiners to import and refine the essential commodity by paying only 5 per cent value added tax (VAT) at the import stage until September 30 this year. 
4 July 2022

Trade deficit hits $30.81 billion, a historic high,

Bangladesh’s trade deficit hit a historic high of $30.81 billion in the first 11 months of the 2021-22 fiscal year, intensifying the pressure on the macroeconomic zone.
4 July 2022

Quickly release of goods from BM Container Depot: BGMEA

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made the call in a meeting with Abu Hena Md Rahmatul Muneem, chairman of the National Board of Revenue (NBR), at the latter’s office in Dhaka today.
4 July 2022

Reduced VAT benefit extended for edible oil imports

The National Board of Revenue (NBR) today extended the opportunity for edible oil refiners to import and refine the essential commodity by paying only 5 per cent value-added tax (VAT) at the import stage until September 30 this year.
4 July 2022

Bida begins commercial building inspection in Dhaka

Initially, 11 integrated inspection and monitoring teams were formed to inspect 1,072 buildings.
4 July 2022

Stocks fall for second day

The stock market index continued to drop for the second consecutive day today amid the fear of a further fall in the upcoming days.
4 July 2022

Most Chittagong shares fall at open

Most of the shares traded on the Chittagong Stock Exchange today lost.
4 July 2022

Dhaka stocks trade lower

Most shares fell on the Dhaka Stock Exchange today amid persisting uncertainty over the local and global economy and high inflationary pressure.
4 July 2022

Farmers grow export quality vegetables but don’t get buyers

Farmers in Shahbajpur village of Jashore sadar upazila are overjoyed to be producing export quality vegetables but they are disappointed that the produce is selling at home instead of abroad at the same time.
4 July 2022

Container handling to speed up at Ctg port

Two more quayside gantry cranes, also known as ship-to-shore cranes, are going to be added to the existing ones at the Chattogram port by this week to enhance the port’s efficiency in handling containers to and from vessels.   
4 July 2022

$3.2m to raise capacity of undersea cable

Bangladesh Submarine Cable Company Ltd (BSCCL), the state-run bandwidth importer, is going to spend $3.2 million to upgrade the capacity of its first undersea cable by more than four times. 
4 July 2022