Value addition criteria eased for apparel export subsidy

The government has eased the local value addition criteria for textile and garment makers to claim export subsidy.
9 May 2022, 14:45 PM

‘Rupali has insufficient capital to handle risks’

Rupali Bank, the only listed state-run lender, is lacking in its capital adequacy ratio, according to the bank’s audit report for 2021.
9 May 2022, 14:12 PM

Reckitt Benckiser (Bangladesh) okays 1,650% cash dividend

The shareholders of Reckitt Benckiser (Bangladesh) PLC approved 1,650 per cent cash dividend for the year ending on December 31, 2021.
9 May 2022, 11:55 AM

Nitol Insurance wins Emerging Asia Insurance Award 2021

Nitol Insurance Company Ltd has won the Emerging Asia Insurance Award 2021 in three categories.
9 May 2022, 09:22 AM

Believing businesses on oil price hike was a mistake: Munshi

Believing the businessmen was a mistake as they have hoarded and hiked the edible oil prices abnormally in the local markets after the Eid-ul-Fitr, Commerce Minister Tipu Munshi said today.
9 May 2022, 08:39 AM

Export earnings up 51% to $4.73 billion in April

Export earnings soared 51.18 per cent year-on-year to $4.73 billion in April because of higher shipment of garment items amid gradual recovery of the global supply chain from the severe fallouts of the Covid-19 pandemic.
9 May 2022, 08:00 AM

Rumana Islam, first ever female commissioner of BSEC

The Bangladesh Securities and Exchange Commission (BSEC) gets Professor Rumana Islam as its first ever female commissioner today.
8 May 2022, 20:36 PM

Refinance scheme’s time extended for cinema hall owners

The country’s cinema hall owners will now get time until December 31 this year to apply for loans from the Tk 1,000 crore refinance scheme formed by Bangladesh Bank.
8 May 2022, 13:14 PM

'TCB cardholders to get oil at Tk 110 per litre from June'

The Trading Corporation of Bangladesh (TCB) will resume selling edible oil at Tk 110 a litre to one crore TCB cardholder families in June, Senior Commerce Secretary Tapan Kanti Ghosh said today.
7 May 2022, 12:39 PM

ACI to ship drugs to US market directly from Bangladesh

The Advanced Chemical Industries (ACI) has recently got approval from the US Food and Drug Administration (FDA) to export its product directly from Bangladesh to the United States of America.
5 May 2022, 13:13 PM

A litre of soybean oil to cost Tk 38 higher from May 6

A litre of bottled soybean oil will now be sold at Tk 198, up from Tk 160, and the loose soybean oil at Tk 180 a litre, up from Tk 136.
5 May 2022, 12:40 PM

AMA Muhith: A person who wore many hats

Born on January 25 in 1934 in Sylhet, Muhith played many roles in his life apart from being a finance minister. He was an economist, diplomat, freedom fighter, language movement veteran, writer and a historian.
29 April 2022, 22:34 PM

Indonesia industry body confident palm oil export ban could end in May

Indonesia should be able to tackle its cooking oil shortage in the next few weeks and lift an export ban on palm oil and its refined products in May, an industry body said on Thursday, a day after a last-minute policy U-turn sparked more alarm for markets.
28 April 2022, 16:16 PM

Pathao awards top three riders with Hero motorcycles

Ride-sharing service provider Pathao has rewarded its top three bikers for sharing the highest number of rides with motorbikes.
28 April 2022, 15:14 PM

Munshi demands fair prices from global garment buyers

Commerce Minister Tipu Munshi today demanded fair prices from the global clothing retailers and brands as the local exporters have been facing uneven price competition in the international markets.
28 April 2022, 14:50 PM

Beximco Pharma earns Tk 62 crore from vaccine distribution fee

Beximco Pharmaceuticals earned Tk 61.92 crore as vaccine distribution fee in the first nine months of the current financial year.
28 April 2022, 13:46 PM

Banks asked to extend online, internet-based services during Eid holidays

The Bangladesh Bank todays asked banks to provide online and internet-based banking services to clients round the clock during the upcoming Eid holidays.
28 April 2022, 12:09 PM

Stocks end week with a fall

Dhaka stocks finished the week with a fall thanks to a selling spree among investors ahead of the Eid-ul-fitr festival, which will be celebrated the next week.
28 April 2022, 11:41 AM

Banks to remain open on April 30

The Bangladesh Bank today asked banks to keep their doors open and run operations on a limited scale on April 30, a public holiday, in order to settle the increased number of financial transactions ahead of Eid-ul-Fitr.
28 April 2022, 10:08 AM

Banglalink posts 8.6% rise in 2022 Q1 revenue

Banglalink posted 8.6 per cent year-on-year rise in revenue in the first quarter of 2022 on the back of strong data sales.
28 April 2022, 09:33 AM