Default loans hit historic high of Tk 1,82,295 crore
6 June 2024
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Business
‘Some traders exploiting onion price differences of India, Bangladesh’
11 December 2023
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Business
Provati Insurance enters securities trading business
11 December 2023
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Business
Nine building blocks for a future-proof digital bank
11 December 2023
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Business
'Onion hoarders will be punished'
11 December 2023
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Business
1.7 tonnes of onion found in shop with ‘No onion’ sign
10 December 2023
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Business
Highest VAT depositor nine firms honoured
10 December 2023
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Business
Renata all set to enter Australian pharma market
10 December 2023
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Business
Single point mooring transports 60,000 tonnes diesel in 35 hours
9 December 2023
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Business
ASM Mohiuddin Monem again becomes Cumilla’s top taxpayer
9 December 2023
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Business
Soy, sugar traders fight for space in Latam’s largest port; costs jump
Soy and sugar traders are fighting for room in Latin America’s largest port, rushing to secure loading slots as the slowest Brazilian soy harvest in 10 years pushes the grains export window into the sugar season.
23 March 2021
Utilise demographic dividend in time
Bangladesh needs to properly utilise its youth population now as the country’s demographic dividend is fast waning, said a human resources expert yesterday.
23 March 2021
Falling prices of onion irk Pabna farmers
Farmers in Pabna have been left disappointed by the current price of onions as they spent excessively to cultivate the bulbs with hopes of making bumper profits this year.
23 March 2021
Kamal ‘baffled’ by a lack of confidence in market
The stock market is suffering from a lack of confidence, according to Finance Minister AHM Mustafa Kamal.
23 March 2021
Gamblers at it again, insurance stocks soar on rumours
Insurance stocks came under the spotlight again yesterday despite generating a lower premium income amid the ongoing coronavirus pandemic.
23 March 2021
Bike makers seek duty benefits for raw materials
Motorcycle manufacturers have demanded duty benefits on component and raw material imports in order to reduce the cost of production and develop the local two-wheeler industry.
23 March 2021
Apple card, underwriter Goldman Sachs committed no fair lending violations
New York’s Department of Financial Services on Tuesday said it concluded its investigation of Apple’s credit card and its underwriter Goldman Sachs Group Inc and found no evidence of unlawful discrimination against applicants under the state’s fair lending law.
23 March 2021
Private investors to own 49pc stake in Nagad, govt 51pc
Private investors will hold a 49 per cent stake in Nagad Ltd and the postal department the rest as the government looks to run the mobile financial service as a subsidiary, its top executive said yesterday.
23 March 2021
India market regulator relaxes valuation norms for some bonds after push back
India’s market regulator on Monday relaxed new valuation norms that were set to affect certain bonds worth more than $12 billion after the government flagged concerns of disruption in debt markets.
23 March 2021
300 startups to get up to Tk 10cr each
The government will provide up to Tk 10 crore to promising start-ups in Bangladesh, said State Minister for ICT Zunaid Ahmed Palak Yesterday.
23 March 2021
Shasha Garments to invest $5m in Dhaka EPZ
Shasha Garments is going to invest $5 million to establish a garment manufacturing facility in Dhaka Export Processing Zone.
23 March 2021
Apparel exporters in a bind
International retailers and brands are again demanding unusual deferral payment from local apparel suppliers, the second time in a year, saying sales have dropped after Western nations reimposed lockdowns and tougher restrictions because of a surge in coronavirus infections.
23 March 2021
NRB Bank gets new DMD
NRB Bank has recently appointed a new deputy managing director (DMD). The appointee, Md Shakir Amin Chowdhury, was previously Dhaka Bank’s DMD, says a press release.
23 March 2021
World’s largest coal miner Coal India bets on solar, eyes further mine closures
Coal India Ltd, the world’s largest coal miner, could venture into solar wafer manufacturing and wants to “aggressively” participate in the country’s solar energy auctions, its chairman told Reuters on Tuesday.
23 March 2021
US economists see Fed hiking lending rate sooner than expected
The Federal Reserve has vowed it won’t raise its benchmark lending rate anytime soon, but US economists in a survey released Monday believe the central bank could be forced to enact a hike as soon as next year.
22 March 2021
Deliveroo eyes 8.8b pounds valuation at London float
British meal delivery app Deliveroo is aiming for a higher-than-expected valuation of up to 8.8 billion pounds when it launches shortly on the London stock market, the company said Monday following a pandemic-fuelled boom in demand.
22 March 2021
Wall Street’s year of boom and bust
Wall Street giddyness in recent weeks stands in stark contrast to the pandemic panic of one year ago.
22 March 2021
Turkish lira plunges to record lows on central bank chief’s sacking
Turkey’s lira slid 15 per cent to a near all-time low on Monday after President Tayyip Erdogan’s shock weekend ousting of a hawkish central bank governor sparked fears of a reversal of recent rate hikes, before clawing back some overnight losses.
22 March 2021
Electric shock - German auto stocks get a new lease of life
Volkswagen and BMW’s plans to grab market share in the fast-growing electric car market and challenge Tesla could shift the dial for their cheaply priced shares.
22 March 2021
Yellow tea produced for first time
After black, green and white tea, growers in Bangladesh have developed highly valued yellow tea, a development that will take the country to another step forward in saving foreign currencies spent on importing expensive varieties of the beverage.
22 March 2021