Stocks break 2-day losing streak

Stocks regained yesterday, breaking a two-day losing streak thanks to the buying spree of investors.
8 July 2021, 18:00 PM

Have a TIN? Get ready to file tax return

Every year, the last week of November sees a mad rush of individual taxpayers at the tax offices and tax fairs. The reason is obvious: the final deadline to file annual income, expenditure and wealth statements without penalty is November 30, termed as Tax Day.
8 July 2021, 18:00 PM

Trial use of lighter jetty begins

Around eight years past being constructed by the Chittagong Port Authority (CPA), one of the four lighter jetties started undergoing trial operations yesterday.
8 July 2021, 18:00 PM

BREB to install 2,000 solar irrigation pumps; farmers can sell idle electricity to national grid

Bangladesh Rural Electrification Board (BREB) plans to install 2,000 solar irrigation pumps under a project -- allowing farmers to sell their unconsumed electricity to the national grid.
5 July 2021, 10:14 AM

Many apparel workers walk to work

Many garment workers faced trouble yesterday as they walked to their workplaces in absence of public transport and for not having any transport arranged by the factories on the first day of a week-long strict countrywide lockdown.
1 July 2021, 18:00 PM

Online shopping: save money and time

Faria Binte Zaman Momo ordered a dress online in 2015 and this was first time she bought anything from digital shops.
1 July 2021, 18:00 PM

Kamal seeks additional assistance from ADB

Just a day after parliament passed the budget, Finance Minister AHM Mustafa Kamal yesterday sought an additional assistance from Asian Development Bank (ADB) as the government looks to use a record amount in foreign aid in fiscal 2021-22.
1 July 2021, 18:00 PM

European factories racing

European factories continued to ramp up their post-lockdown recovery in June but Asian manufacturers saw momentum weaken amid rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, surveys showed. 
1 July 2021, 18:00 PM

Don’t over-react to temporary jump in inflation: BoE governor

Bank of England Governor Andrew Bailey said on Thursday it was important not to over-react to a rise in inflation that was likely to prove temporary during Britain's economic recovery from the Covid-19 crisis. 
1 July 2021, 18:00 PM

Nissan bets on UK ‘renaissance’ with battery plant, new vehicle

Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model.
1 July 2021, 18:00 PM

US weekly jobless claims fall; layoffs hit 21-year low in June

The number of Americans filing new claims for unemployment benefits fell more than expected last week, while layoffs plunged to a 21-year low in June as companies held on to their workers amid labor shortages. 
1 July 2021, 18:00 PM

23 firms picked for accolades

The government, for the first time, is going to honour 23 small, medium and large companies with the "Bangabandhu Sheikh Mujib Industrial Award" for their contribution to industrialisation, job creation, product diversification and innovation.
1 July 2021, 18:00 PM

RedDot brings Tk 15cr private equity fund

RedDot Digital has unveiled a private equity fund worth Tk 15 crore called 'R-Ventures' to promote digital entrepreneurship in Bangladesh, according to a press release from the company issued yesterday.
1 July 2021, 18:00 PM

Programme launched for women-owned SMEs

A capacity building training programme was launched yesterday to support women-owned small and medium enterprises (SMEs) do business with local and multinational corporations committed to expanding inclusive sourcing throughout their value chains. 
1 July 2021, 18:00 PM

Xinjiang forced labour claims unfounded: CSA

Claims that Chinese solar firms are benefiting from forced labour in Xinjiang are unfounded and unfairly stigmatise firms with operations there, the country's solar association said.
1 July 2021, 18:00 PM

Banks log higher than expected profits despite slowdown

Banks in Bangladesh posted a hefty operating profit in the first half of 2021 despite the business slowdown caused by the coronavirus pandemic, data of 20 lenders showed.
1 July 2021, 18:00 PM

FBCCI seeks moratorium on loan classification until Dec 31

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought moratorium from Bangladesh Bank on industrial loan classification until December 31 to keep the private sector afloat during the coronavirus pandemic.
1 July 2021, 18:00 PM

Rod prices surge for costlier raw materials

The price of mild steel (MS) rods has increased by Tk 1,500 per tonne in Bangladesh in the past month because of the rising cost of raw materials globally, making building houses and implementing infrastructure projects costlier.
1 July 2021, 18:00 PM

FBCCI seeks moratorium on loan classification until Dec 31

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought moratorium from Bangladesh Bank on industrial loan classification until December 31 to keep the private sector afloat during the coronavirus pandemic.
1 July 2021, 18:00 PM

New recycling techniques set to make electric vehicles greener

Researchers in Britain and the United States have found ways to recycle electric vehicle batteries that can drastically cut costs and carbon emissions, shoring up sustainable supplies for an expected surge in demand. 
1 July 2021, 18:00 PM