Actual food inflation much higher than official data: Sanem study

Officially reported food inflation figures are grossly underestimating the actual food inflation faced by financially marginalised households in Bangladesh, the South Asian Network on Economic Modeling (Sanem) said in a study.
3 March 2022, 08:43 AM

Teletalk has lowest call success rate, highest call drop rate: BTRC

State-run telecom operator Teletalk has failed to ensure the standard call success rate and call drop rate in Dhaka division, excluding two city corporations in the capital.
2 March 2022, 14:58 PM

Businesses selling bottled oil in loose form to get higher prices: minister

A section of unscrupulous traders are cutting edible oil bottles to sell them in loose form in order to get higher prices ahead of the Ramadan, Commerce Minister Tipu Munshi said today.
2 March 2022, 13:29 PM

Reduce dependence on customs duty for revenue: ICAB

Bangladesh needs to reduce its dependence on customs duty for revenue as lowering the cost of doing business would help local products and services become more competitive on a global scale, according to the Institute of Chartered Accountants of Bangladesh (ICAB).
2 March 2022, 11:45 AM

Banks’ non-performing loans see 16% rise

Non-performing loans (NPLs) in the country’s banking sector increased 16.38 per cent year-on-year to Tk 103,274 crore in 2021 despite a relaxed loan classification policy taken by the Bangladesh Bank.
2 March 2022, 11:19 AM

Renata to buy land to expand Rajendrapur factory

Listed and leading pharmaceutical company Renata Ltd has decided to purchase 560 decimals of land along with a carton factory at Rajendrapur in Gazipur to expand its factory.
2 March 2022, 11:10 AM

Stock turnover falls below Tk 700 crore again

Share prices dropped in Dhaka Stock Exchange (DSE) today after experiencing a rebound in the previous two days.
2 March 2022, 09:59 AM

Regulator approves Mercantile Bank Unit fund

Bangladesh Securities and Exchange Commission (BSEC) has approved the prospectus of open-ended mutual funds named Mercantile Bank Unit Fund.
1 March 2022, 15:58 PM

National Polymer’s zero coupon bond gets go-ahead

National Polymer gets go-ahead to issue transferable, redeemable, non-convertible, unsecured zero-coupon bond whose face-value is Tk 408.95 crore.
1 March 2022, 15:51 PM

Saif Powertec signs deal with Abu Dhabi-based firm to operate cargoes

Saif Powertec said it signed an agreement with an Abu Dhabi-based container feeder company Safeen Feeders to engage in shipping cargoes between Fujairah of United Arab Emirate and Chattogram port.
1 March 2022, 15:40 PM

Sanctions against Russia won’t affect Rooppur Nuclear Plant’s construction: Rosatom

Rosatom, the contractor of the Rooppur Nuclear Power Plant, dismissed the possibilities of a delay in the construction of the country’s mega project as some of the Russian banks are set to be disconnected from its global financial messaging system SWIFT because of sanctions in response to Russia's invasion of Ukraine.
1 March 2022, 14:39 PM

Remittance falls 12% in February

Remittances fell into a negative territory last month after showing a dazzling display in December and January.
1 March 2022, 12:26 PM

Meghna Insurance gets nod to raise Tk 16 crore

Bangladesh Securities and Exchange Commission (BSEC) has given go-ahead to Meghna Insurance to raise Tk 16 crore from the stock market.
1 March 2022, 11:42 AM

Stocks rise for second consecutive day

Share prices in the Dhaka Stock Exchange (DSE) continued to rise for the second consecutive day today.
1 March 2022, 11:36 AM

Mobile data to carry forward after March 15, not March 1: BTRC

The telecom regulator has given the operators additional 15 days to implement a directive that cuts the number of offers and enables customers to carry forward their unused internet data of the current deal to the next one.
1 March 2022, 10:21 AM

Govt launches insurance for people with disabilities

For the first time in the country, people with disabilities are being brought under health insurance.
1 March 2022, 09:46 AM

Experts call for regularly organising investment summit

International investment summits should be regularly organised once in every two years to attract more investment for Bangladesh, said Salman F Rahman, prime minister's private industry and investment adviser.
1 March 2022, 09:07 AM

RATUL Properties, Mutual Trust Bank sign two MoUs

RATUL Properties Ltd (RPL) and Mutual Trust Bank (MTB) have signed two different memoranda of understanding (MoUs) to provide mutually agreed financial services and property solutions.
28 February 2022, 14:04 PM

Ctg customs seize 1.68 crore cigarettes imported as ‘raw material for garments’

Officials of Chattogram Custom House today seized 1.68 crore cigarettes which were imported under false declaration and fake documents.
28 February 2022, 13:39 PM

Dhaka bourse’s index soars 63 points

Dhaka stocks today recouped some of their losses of the previous two days thanks to a recovery in the global markets.
28 February 2022, 10:17 AM