Bangladesh an important sourcing destination: Primark CEO

British retail giant Primark’s CEO Paul Marchant has praised the development Bangladesh’s garment sector has achieved in production of apparels in green factories.
25 January 2023, 14:18 PM

Hike gas prices in phases, not at one go: BGMEA

The garment makers have urged the government to increase gas price in phases because it is tough to tolerate a sudden big hike amid the existing volatile domestic and global economic situation.
25 January 2023, 13:36 PM

DCCI for major reforms to arbitration, bankruptcy, company acts

The Dhaka Chamber of Commerce & Industry (DCCI) has called for substantial reforms to the Arbitration Act 2001, the Bankruptcy Act 1997 and the Companies Act 1994 in order to attract investments from both local and foreign investors. 
25 January 2023, 12:12 PM

Zaber & Zubair Fabrics hosts global fabric expo

Leading garment exporter Zaber & Zubair Fabrics Ltd organised an international fabric expo for global apparel buyers at its Gulshan marketing office in Dhaka.
25 January 2023, 11:33 AM

Top 20 loan defaulters have Tk 19,283.93 crore in debt

The top 20 defaulters in the country have a total debt of Tk 19,283.93 crore while the amount of defaulted loans is Tk 16,587.92 crore.
24 January 2023, 13:42 PM

Primark urged to source more Bangladeshi garments

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged British retailer Primark for sourcing more value-added garment items from Bangladesh.
24 January 2023, 13:00 PM

World Bank MD reiterates strong support to Bangladesh

World Bank Managing Director for Operations Axel van Trotsenburg today reaffirmed the global lender’s strong support for Bangladesh to help achieve its vision of achieving upper-middle income status by 2031.
24 January 2023, 11:58 AM

bKash becomes ‘Employer of Choice’ for third year in a row

Leading mobile financial service provider bKash has once again been ranked as the number one ‘Employer of Choice’ across all sectors for the third consecutive year, according to the results of the ‘Campus Track Survey B-school: 2022’ conducted by NielsenIQ.
23 January 2023, 15:56 PM

1,250 tonnes of sugar held up at Benapole

Around 42 trucks carrying 1,250 tonnes of sugar from India have remained stuck at Benapole port for the past 28 days as the local customs authorities allegedly imposed a higher tariff than that stipulated by the government.
23 January 2023, 14:37 PM

Mobile users’ body chief asks BTRC to cancel Bijoy app pre-install order

Bangladesh Mobile Phone Consumers’ Association President Mohiuddin Ahmed today served a legal notice to Bangladesh Telecommunication Regulatory Commission, asking it to withdraw within seven days the order to pre-install Bijoy app in all imported and locally manufactured android phones.
23 January 2023, 14:20 PM

WB support sought for RMG sector development: BGMEA

The country’s apparel makers have sought cooperation from the World Bank (WB) for the development of Bangladesh’s garment sector.
23 January 2023, 13:30 PM

National Bank asked not to disburse loans over Tk 10 crore

The Bangladesh Bank has ordered private-run National Bank not to disburse more than Tk 10 crore in loans as the lender is going through uncertainties after the resignation of its Managing Director Md Mehmood Husain. 
23 January 2023, 12:46 PM

Asian University for Women, BGMEA team up for higher studies of female RMG workers

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Asian University for Women (AUW) entered into a new partnership to pave the way for female garment workers in Bangladesh to fulfill their dreams of higher studies.
22 January 2023, 14:16 PM

Don’t let war create food insecurity: Razzaque urges global leaders

Agriculture Minister Muhammad Abdur Razzaque has urged the developed countries to keep the food and agricultural inputs out of the purview of war and sanctions.
22 January 2023, 13:15 PM

Reaching financial inclusion goal to take 200 years at current pace

Reaching the financial inclusion goal would take 200 years for Bangladesh if the country keeps working at the current pace in the area, said Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management (BIBM), today. 
21 January 2023, 12:51 PM

Cut energy prices when global rates fall: DCCI

The global economic crisis and supply shortage may fuel energy prices in Bangladesh, but the local rates should be adjusted and decreased when the international prices fall, Dhaka Chamber President Barrister Md Sameer Sattar said today.
21 January 2023, 12:39 PM

India's forex reserves rise to 5-month high

India's foreign exchange reserves rose to a five-month high in the week ended January 13, according to the Reserve Bank of India's (RBI) statistical supplement released on Friday.
21 January 2023, 11:52 AM

‘Dhaka inflation was 11.08% last year, highest since 2011’

The average annual inflation in 2022 in Dhaka megacity was 11.08 per cent, a record high since 2011 with the middle-income group suffering most, said Consumers Association of Bangladesh (CAB) said today.
21 January 2023, 09:51 AM

‘Fresh gas price hike to raise cost of production’

The latest gas price hike will increase the cost of production in the country, Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue, told The Daily Star.
18 January 2023, 16:01 PM

Ahmed Zaker & Co banned from auditing activities

Ahmed Zaker & Co Chartered Accountants has been banned from auditing all listed companies and mutual funds as the accountancy firm did not attend any enquiry hearing of four mutual funds of UFS Asset Management.
18 January 2023, 13:37 PM