Munshi urges traders not to hike commodity prices during Ramadan

Commerce Minister Tipu Munshi has urged the traders not to increase commodity prices in the month of Ramadan.
2 April 2022, 10:52 AM

Deal signed to build Indian economic zone at Bangabandhu Shilpa Nagar

Bangladesh Economic Zones Authority (Beza) and Adani Ports & SEZ Limited of India have signed term sheet agreement for the development of an Indian special economic zone at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN).
2 April 2022, 07:47 AM

Russia-Ukraine war: Inflation in 19 euro-using countries sees record 7.5% rise

Inflation in Europe soared to another record, according to new EU figures released Friday, in a fresh sign that rising energy prices fueled by Russia’s war in Ukraine are squeezing consumers and adding pressure on the central bank to raise interest rates.
1 April 2022, 12:21 PM

National strategy for unemployment insurance made zero progress: study

The four initiatives taken to introduce insurance for the unemployed workers have made very little progress and have missed almost all the targets, a study finds.Star
31 March 2022, 15:48 PM

ADB to give $143m loan to help Bangladesh accelerate growth

The Asian Development Bank (ADB) has approved a $143 million loan package to support the government of Bangladesh's efforts to accelerate growth by improving efficiency, predictability, and security of cross-border trade.
31 March 2022, 14:18 PM

DSE turnover crosses Tk 1,000 crore after 10 trading days

The turnover at the Dhaka Stock Exchange (DSE) crossed Tk 1,000 crore today after a break of ten trading days amid a mix trend of investment in the premier bourse.
31 March 2022, 09:58 AM

Singer to invest Tk 680 crore for new manufacturing facility, shares up

Singer Bangladesh Ltd, a home appliance manufacturer and marketer, today said it is going to invest Tk 680 crore to establish a manufacturing facility in order to increase capacity to cater growing domestic market for home appliances.
31 March 2022, 08:12 AM

Tk 10,645 crore worth 190MHz spectrum sold

The Bangladesh Telecommunication Regulatory Commission fetched around $1.23 billion or Tk 10,645 crore from spectrum auction as all operators acquired a total of 190MHz spectrum.
31 March 2022, 07:37 AM

Spectrum auction begins

Spectrum auction for 2022 started today for bands that can support both fourth-generation (4G) and 5G technologies.
31 March 2022, 06:52 AM

Dhaka stocks fall in early trade

Dhaka stocks declined in the opening trade today amid low participation of investors.
31 March 2022, 06:39 AM

Rooftop solar panels produce way cheaper power than national grid: Idcol

The industrial rooftop solar panels can produce electricity at Tk 6.5 per unit, which is up to 30 per cent cheaper compared to that of the gas- and oil-run power plants, according to Infrastructure Development Company Ltd (Idcol).
30 March 2022, 15:06 PM

Ramadan trading hour 10am to 2pm at Dhaka, Ctg bourses

The stock market exchanges rescheduled its trading time for the holy month of Ramadan.
30 March 2022, 13:45 PM

Banking hour 9:30am-2:30pm during Ramadan

Banks in Bangladesh will remain open from 9.30am to 4pm in every working day in the month of Ramadan.
30 March 2022, 12:14 PM

Govt drafts law to introduce pension for all

The government has drafted a law to introduce universal pension scheme for people aged between 18 years to 50 years.
30 March 2022, 09:22 AM

45% of Bangladesh population don’t use MFS: survey

The country's 45 per cent people do not use mobile financial service (MFS) and 32 per cent of them refrain from using the service for fear being victim of fraudulent activity, found a survey.
30 March 2022, 08:26 AM

Meta launches #SheMeansBusiness to empower Bangladeshi women entrepreneurs

Meta, formerly known as the Facebook company, yesterday launched its global #SheMeansBusiness programme in Bangladesh to provide women entrepreneurs with the skills, connections and technology required to build and grow their businesses online.
30 March 2022, 08:13 AM

Russia-Ukraine war to increase transport, agricultural production costs further: Momen

Foreign Minister AK Abdul Momen told parliament today that the prolongation of ongoing Russia-Ukraine war would increase the cost of transportation and agricultural production in the country due to further rise in fuel prices in the global market.
30 March 2022, 07:54 AM

Japan honours Uttara Group Chairman Matiur Rahman with “Order of the Rising Sun, Gold Rays with Rossete” award

Japan has conferred an “Order of the Rising Sun, Gold Rays with Rossete” award on Uttara Group Chairman Matiur Rahman for his contributions to strengthening economic relations between the East Asian island country and Bangladesh.
29 March 2022, 14:13 PM

Stocks rise for second day

The stock market index continued to rise for a second consecutive day today on the eve of a meeting between the Bangladesh Securities and Exchange Commission (BSEC) and stakeholders on the market’s current condition.
29 March 2022, 13:47 PM

Door now open for new investment in Bangladesh, Malaysia: experts

Bangladeshi and Malaysian businesses can now take trade benefits of the two countries as both of them have opened doors for investment now, experts said today.
29 March 2022, 13:38 PM