Power, telecom suffer, banks gain amid dollar crisis
The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out.
13 April 2023, 02:30 AM
Household income, expenditure nearly triple in 12 years
Monthly average household income and expenditure in Bangladesh doubled in the last six years and nearly tripled in 12 years, official figures showed yesterday.
13 April 2023, 02:00 AM
Literacy rate in Bangladesh rises to 74%
The literacy rate in Bangladesh rose to 74 per cent in 2022, according to the Household Income and Expenditure Survey 2022 of the Bangladesh Bureau of Statistics (BBS).
12 April 2023, 10:33 AM
Now non-banks making foray into Islamic finance
IDLC Finance Ltd, the largest non-bank financial institution in Bangladesh, is set to launch its Islamic financing window as it looks to tap business opportunities in a segment that is growing rapidly at home and abroad.
12 April 2023, 02:30 AM
High costs limit exporters’ gain from taka’s fall
The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the third report of a series to present how various sectors fared in the face of the two unprecedented shocks.
11 April 2023, 03:00 AM
Interest cap, NPLs did more damage than Covid, war
The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the second report of a series to present how various sectors fared in the face of the two unprecedented shocks.
10 April 2023, 02:00 AM
War hit private sector harder than pandemic
Companies in Bangladesh have been hit harder by the global turmoil induced by the Russian-Ukraine war than the crisis inflicted by the coronavirus pandemic
9 April 2023, 02:00 AM
Labaid to invest Tk 1,000cr for 2nd cancer hospital
Labaid is going to invest Tk 1,000 crore to build its second cancer hospital in order to meet the growing demand from patients suffering from the deadly disease and support healthcare research, according to a top official.
7 April 2023, 02:00 AM
Top officials of UFS laundered Tk 170cr
The Bangladesh Securities and Exchange Commission (BSEC) has decided to file a case against some top officials of an asset management company for laundering Tk 170.69 crore from four open-ended mutual funds.
24 March 2023, 02:00 AM
Labaid Cancer Hospital plans to go public
It will be the second hospital after Samorita to go public
21 March 2023, 13:12 PM
Should tax-free income limit rise as inflation bites?
Mohammad Firoz works at a garment accessories manufacturing company and earns Tk 29,000 per month.
21 March 2023, 02:30 AM
Govt to form authority on public procurement
The government has prepared a draft law for ensuring transparency and accountability in public sector purchases while also improving efficiency in the sector.
13 March 2023, 02:00 AM
Fast-track projects see better implementation
Implementation of eight fast-track projects under the Annual Development Programme (ADP) was at a good pace in the first seven months of the current fiscal year of 2022-23 while that of other projects was slower.
9 March 2023, 02:30 AM
Akij Bashir Group aims to set new standards
Sheikh Bashir Uddin, former managing director of Akij Group, has begun a new journey in the name of Akij Bashir Group targeting to deliver products of impeccable quality, upholding the high standards associated with the legacy of the Akij name.
7 March 2023, 02:15 AM
Dhaka bourse’s SME board falls prey to manipulators
Have you ever bought any pack of flour produced by Yusuf Flour Mills or heard the name of Yusuf Moyda, the brand under which the company is selling the item?
5 March 2023, 02:00 AM
Bangladesh needs to create political momentum
Bangladesh needs to play a key role at the Doha Conference to create political momentum and translate that momentum into a United Nations resolution with a view to ensuring international support measures for a smooth transition of the graduating least-developed countries, said Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue.
4 March 2023, 18:00 PM
Insurers’ asset, investment growth drops
The life and non-life insurance sectors have been in a tight spot for the past three years due to the economic shocks resulting from Covid-19 and the ongoing war between Russia and Ukraine.
2 March 2023, 02:00 AM
Skills gap persistent challenge
Bridging the skills gap is a persistent challenge that needs to be addressed through public-private partnerships, said Sanjeev Krishan, chairperson of PricewaterhouseCoopers (PwC) for India, Bangladesh, Nepal and Bhutan
28 February 2023, 03:30 AM
SMEs to conglomerates -- none left unscathed
Businesses of almost all segments of the economy have been passing tough times since last July, when the Russia-Ukraine war started to have an impact in a multitude of ways.
22 February 2023, 02:30 AM
Why don’t indexes go with the flow of bearish stocks?
If you follow the Dhaka Stock Exchange (DSE), you will find that most of the shares on the premier bourse of the country ended the day either unchanged or they witnessed a drop. As a result, the indexes were supposed to fall.
19 February 2023, 03:00 AM