Cattle train receives lukewarm response

A “cattle train” service rolled out by Bangladesh Railway seems to have fallen flat as just a single locomotive carrying 200 sacrificial animals for Eid-ul-Azha began its journey to Dhaka on Saturday.
18 July 2021, 18:00 PM

BINs made mandatory for online businesses

Digital commerce firms will have to obtain Business Identification Numbers (BINs) from the National Board of Revenue to continue operations, said Commerce Secretary Tapan Kanti Ghosh yesterday.
18 July 2021, 18:00 PM

Mango exports still too low: experts

Mango exports nearly tripled in fiscal 2020-21 compared to the year before, but the quantities shipped are still too low considering the total annual production.
18 July 2021, 18:00 PM

Spain inches ahead with pension reform

Spain will pay workers to postpone retirement as part of a pensions reform strategy that analysts warn does not go far enough to cut a huge deficit in the system.
18 July 2021, 18:00 PM

Aus acreage shrinks for dry weather

Farmers cultivated Aus paddy on a reduced area in Bangladesh this year because of dry weather during the main transplantation season, said farmers and officials.
18 July 2021, 18:00 PM

Tesla launches subscription service for advanced driver assistance software

Tesla has launched an option for select customers to subscribe to its advanced driver assistance software, that is dubbed as “Full Self-Driving (FSD) capability”, for $199 (approx £14,847) per month as an alternative of paying $10,000 (approx £7.5 lakh) upfront. 
18 July 2021, 18:00 PM

Stock index hits all-time high

The benchmark index of Dhaka Stock Exchange (DSE) rose to its record high yesterday despite technical glitches halting trade at the premier bourse for around one and a half hours.
18 July 2021, 18:00 PM

Indian garment maker to invest $9.26m in Chattogram EPZ

Sewtech Fashion of India yesterday signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) to invest $9.26 million in establishing a readymade garments manufacturing factory in Chattogram Export Processing Zone. 
18 July 2021, 18:00 PM

June inflation highest in 8 months

Inflation spurted to 5.64 per cent in June, the highest in eight months, reflecting the disruptions faced by the supply chain and the rise in the cost of living, official figures showed yesterday.
18 July 2021, 18:00 PM

Alesha Mart still unaware of complaints against it

E-commerce platform Alesha Mart yesterday said it still did not know what the complaints were against it.
18 July 2021, 18:00 PM

A fleeting respite for shop owners

Malls and markets have been registering large gatherings of Eid shoppers since reopening on July 15, providing a much-needed respite to stores to make some sales in a season marked by a depressed business.
18 July 2021, 18:00 PM

Alesha Mart still unaware of complaints against it, says the company’s chairman

Alesha Mart today said it still does not know what the complaints are against the e-commerce platform.
18 July 2021, 15:32 PM

No decision yet on closure of Evaly: commerce secretary

No decision was taken in commerce ministry’s meeting today whether Evaly will be closed or not, said Commerce Secretary Tapan Kanti Ghosh.
18 July 2021, 15:03 PM

Indian company to invest $9.26 million in Chattogram EPZ

An Indian company—Sewtech Fashion Ltd, a sister concern of India’s largest apparel maker Shahi Exports Pvt Ltd—has agreed to invest $9.26 million in Chattogram Export Processing Zone.
18 July 2021, 13:36 PM

Dhaka bourse’s index hits historic high

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), increased to a historic high of 6,365.11 points today with a 57-point or 0.91 per cent rise from the previous day.
18 July 2021, 11:22 AM

Technical glitch halts trading at Dhaka bourse

Technical glitch halted trading at the Dhaka Stock Exchange since 11.10 am.
18 July 2021, 07:24 AM

Farmers in a pickle with unsold cattle: Blame pandemic for low demand

Ever since the beginning of July, Abul Hossain, a livestock farmer based in the southwestern district of Bagerhat, has been patiently waiting for buyers for the three bulls he reared over the past three years.
17 July 2021, 18:00 PM

EU probes €3.2b restructuring aid for airline TAP

EU competition regulators will investigate whether a 3.2-billion-euro ($3.8 billion) restructuring plan for ailing Portuguese airline TAP is proportionate and complies with EU state aid rules, the European Commission said on Friday. 
17 July 2021, 18:00 PM

BTMA denounces rumours over textile safety compliance

Bangladesh Textile Mills Association (BTMA) yesterday strongly denounced rumours regarding safety compliance in the country’s textile industry.
17 July 2021, 18:00 PM

Saudi PIF buys into McLaren as part of £550m equity raise

The McLaren Group announced a 550 million pound ($758 million) equity investment on Friday with much of it coming from Saudi Arabia’s Public Investment Fund (PIF) and global investment firm Ares Management.
17 July 2021, 18:00 PM