Stocks rise a massive 2.94%

The market gained for the second day straight
30 October 2024

Stocks rebound after falling to 4-year low

Indices of Dhaka Stock Exchange (DSE) bounced back strongly yesterday on plummeting to a four-year low on the previous day as investors cautiously traded select shares to pocket short-term gains amidst price movements..A Dhaka-based investor said a section of investors went on to buy selec
29 October 2024

Pran to reopen two state textile mills under PPP

Two factories of state-owned Bangladesh Textile Mills Corporation (BTMC) are being reopened after 27 years through a private-public partnership (PPP) with Pran-RFL Group..RR Textile Mills in Sitakunda and Rajshahi Textile Mills will be relaunched after being renamed Chittagong RR Textiles
28 October 2024

Bangladesh’s GDP growth slows to 3.91% in Apr-Jun quarter

It is the lowest expansion in the four quarters of 2023-24 fiscal year
28 October 2024

Edible oil prices rise in spite of VAT cut

Consumers in Bangladesh saw no drop in soybean and palm oil prices over the past week even though the National Board of Revenue (NBR) has reduced an import VAT from 15 percent to 10 percent.
27 October 2024

Enquiry panel to find reasons for stock market downtrend

The four-member committee will submit a report in 10 workdays
27 October 2024

Bida’s one-stop service plagued by non-stop negligence

Services rendered by government agencies through a single-window platform to facilitate business remain marred by unscrupulous activities, despite expectations of improvement among entrepreneurs under the interim government.
26 October 2024

Reform data first before making policies: analysts

Economists and entrepreneurs say at a dialogue organised by the Centre for Governance Studies
26 October 2024

Bangladesh may not regain US GSP soon

Bangladesh is unlikely to regain benefits offered under the generalised system of preferences (GSP) from the United States if the programme is revived in the near future because of several issues related to labour rights in the country, Finance Adviser Salehuddin Ahmed said yesterday.
24 October 2024

Gov to buy two cargoes of LNG from spot market

The advisory committee on government purchases yesterday approved the import of two cargoes of liquified natural gas (LNG) from the spot market..Switzerland-based MS TotalEnergies Gas & Power Ltd will supply each million British thermal units (MMBtu) of the first consignment at $13.94 and
24 October 2024

New administrator forms 10-member panel to run BGMEA

They are: Md Shahidullah Azim, Enamul Haque Khan (Bablu), Miran Ali, M Mohiuddin Chowdhury, Asif Ashraf, Rezwan Selim, ANM Saifuddin, Md Shihabuduzza Chowdhury, Shams Mahmud and Sharif Zahir
24 October 2024

Fashion brands face criticism for failure to protect labour rights in Bangladesh

Fashion brands, including H&M and Zara, are facing criticism over their lack of action to protect workers' basic rights in Bangladesh, according to Clean Clothes Campaign (CCC)..One year after a violent crackdown by state actors and employers against Bangladeshi garment workers protesting
23 October 2024

SMEs hit hard by August floods need govt assistance to survive

Most SMEs lost all of their belongings and now seek government assistance
23 October 2024

Spiralling seed prices shock potato farmers

Dhiraj Roy, a farmer from Maljhar village in Biral upazila of Dinajpur, is reconsidering plans to cultivate early varieties of potatoes on his 50-decimal plot of land as the rising cost of seeds and agricultural inputs is straining his limited budget.."Each kilogramme (kg) of Çhalisa varie
22 October 2024

Brokers urge DSE to act as primary regulator

Stockbrokers in Bangladesh have urged the Dhaka Stock Exchange (DSE) to regain its role as the primary authority in allowing initial public offerings (IPOs) and monitoring the country’s share market..This request came at a meeting between leaders of the DSE Brokers Association (DBA), the t
21 October 2024

Stocks bounce back after five-day losing streak

The indexes of the Dhaka Stock Exchange (DSE) rose yesterday, snapping a five-day losing streak on the back of the good performance of shares in the blue-chip and large-cap sectors..Shares of Islami Bank Bangladesh, BRAC Bank, Heidelberg Materials Bangladesh PLC, Bangladesh Steel Re-rollin
21 October 2024

Financial literacy a must to empower women entrepreneurs

Financial literacy is crucial for empowering women entrepreneurs, according to Farzana Khan, general manager of the SME Foundation.."We must go beyond offering financial products and ensure that women have the skills and knowledge to navigate these services effectively. This will complemen
20 October 2024

Pran takes part in SIAL fair in Paris to boost exports

Pran, a leading food processor in Bangladesh, is participating in the SIAL Paris to boost its exports to Europe and North America..The five-day fair of food processors began at the Nord Villepinte Exhibition Centre in Paris on October 19..This year, about 7,500 exhibitors from 130 co
20 October 2024

146 creative campaigns honoured with COMMWARD

The 13th Communication Summit, which brings together leading professionals from the creative communication industry, business leaders and brands to explore the future of creative marketing, was held the Le Méridien Dhaka in the capital yesterday..Organised by Bangladesh Brand Forum (BBF) i
19 October 2024

Gold price crosses Tk 1.4 lakh per bhori

The price of gold in Bangladesh is set to break all previous records as it will cross Tk 1.4 lakh per bhori (11.66 grams) today, according to a statement by the Bangladesh Jewellers Association (Bajus)..Bajus said it asked its members to follow the new rate from Sunday due to the increased
19 October 2024