Stocks fall for second day

Stocks in Bangladesh fell for the second consecutive day today as the investors feared the rising fuel prices may leave a negative impact on the listed manufacturing companies.
8 August 2022, 13:54 PM

Taka falls further, 1 USD now Tk 95

The Bangladeshi taka has depreciated further against the US dollar, hitting Tk 95 on the interbank platform today.
8 August 2022, 13:46 PM

ShareTrip recognises industry partners, declares investment

The country’s leading online travel agent ShareTrip has celebrated its third anniversary together with its partner and stakeholder organisations through a grand award ceremony.
8 August 2022, 11:39 AM

HSBC facilitates Tk 612 crore social loan financing for Brac

This is the country’s second social loan principles (SLP)-based financing, the HSBC said in a statement.
7 August 2022, 14:13 PM

WB to give $300 million for Covid-19 resilience of Bangladesh’s urban institutions

The Local Government Covid-19 Response and Recovery Project will benefit 39.9 million urban residents in all eight divisions, the World Bank said in a statement today.
7 August 2022, 12:56 PM

Businesses to keep factories shut once a week to save power

Businesses today agreed to implement the government’s instruction to go for zone-wise weekly shut down of industries to save electricity and continue production in mills and factories.
7 August 2022, 12:40 PM

Asian Paints Bangladesh launches Color Next-2022

Asian Paints Bangladesh launched Color Next-2022 on August 6 with a grand function organised at Radisson Blu Dhaka Water Garden in the capital.
7 August 2022, 11:58 AM

Industries fear severe impacts of fuel price hike

The cost of fuels for Plummy Fashions Ltd, the world's greenest knitwear factory located in Narayanganj, will go up by 25 per cent owing to Saturday’s more than 50 per cent hike in the price of petroleum products.
6 August 2022, 16:10 PM

‘Agri subsidy should continue to ensure food security’

The government should continue giving subsidies to the agriculture sector to ensure food security and shun imports, economists said today.
6 August 2022, 15:05 PM

Enhance workforce efficiency to implement Delta Plan: analysts

Physical infrastructure needs to be built and the capacity and efficiency of the workforce should be enhanced to implement the Delta Plan the government has taken for economic growth and climate resilience, analysts said today.
6 August 2022, 14:14 PM

Sri Lanka considering restructure of local and sovereign debt

Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles its worst financial crisis in its independent history.
6 August 2022, 10:42 AM

East Europe's party is over as double-digit inflation bites

In the weeks that followed Russia's invasion of Ukraine, western Europe's big economies began to falter. But further east it was still boom-time thanks to double-digit wage hikes and generous state handouts in some countries.
6 August 2022, 10:34 AM

17 companies form Bangladesh-Turkiye Business Forum

Eleven Bangladeshi and six Turkish companies have come together to establish the new Bangladesh-Türkiye Business Forum (BTBF) at a meeting hosted by the Turkish embassy in Dhaka.
6 August 2022, 10:00 AM

Gas, energy crisis cut industrial production: businesses

Businesses today expressed concern over the production in the industrial units because of the ongoing load-shedding, low gas pressure and high energy price.
4 August 2022, 14:08 PM

Banglalink posts double-digit revenue growth in Q2

Mobile phone operator Banglalink registered double-digit revenue growth in the second quarter of 2022.
4 August 2022, 12:53 PM

Banks can now show share’s cost price as exposure limit

Banks can now show their highest limit of capital market exposure on the basis of the stock like instruments’ purchasing price of instead of their market value.
4 August 2022, 12:31 PM

New board for start-ups to raise fund

Bangladesh Securities and Exchange Commission (BSEC) is taking steps to launch a new board for start-ups so that they can raise funds from the stock market.
4 August 2022, 11:34 AM

Default loan rescheduling policy tightened

The Bangladesh Bank today slightly tightened its loan rescheduling policy of defaulted loans after facing criticism from different corners.
3 August 2022, 14:44 PM

Sprint again signs national football team skipper Jamal Bhuyan as brand ambassador

Sprint, a brand of Apex, has signed Bangladesh national football team skipper Jamal Bhuyan as its brand ambassador for the third consecutive year.
3 August 2022, 11:20 AM

Grameenphone wins Digital Nation Award given by GSMA

Grameenphone has been honoured with the Digital Nation Award by the GSMA for democratising connectivity and digitally empowering communities.
2 August 2022, 14:59 PM