Local textile millers yesterday sought duty-free export facilities to the USA for garment items produced in Bangladesh using American cotton.

Stocks fell for the seventh straight trading day at Dhaka Stock Exchange (DSE) yesterday as cautious investor sentiment continues to drive the market downwards amidst a confidence crisis.

In a major stride for the local automotive industry, Rancon Auto Industries Limited has established a facility to paint cars ahead of assembly.

Customs House Dhaka said it has found more than a dozen issues related to infrastructure, security, and operational readiness of the new terminal

Bangladesh Submarine Cables PLC (BSCPLC) saw its profit grow in the January-March quarter of the fiscal year 2024-25 (FY25).

Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US tariffs.

In the glittering world of startups -- where valuations, funding rounds, and user growth often dominate headlines -- what remains understated yet absolutely vital is the understanding of unit economics. For any founder serious about building a sustainable and scalable business, grasping this financial foundation is not optional; it’s essential.

The Bangladesh Bank (BB) has approved the payment of admission and examination-related fees in foreign currencies for studies in foreign academic institutions, the examinations for which are held in local centres.

Onion prices have been increasing over the past weeks, as farmers and traders release fewer stocks to local markets in the hope of better returns amid the government’s suspension of imports.

After a long wait, the Chittagong Port Authority (CPA) finally signed a deal yesterday with a Japanese joint venture to construct a terminal for a deep-sea port at Cox’s Bazar’s Matarbari, some 350 kilometres southeast of capital Dhaka.

The IMF projected Bangladesh’s GDP growth at 3.76% for FY25

The association sent letters to the US embassy and an American cotton traders’ body

Of the 395 issues traded, 119 advanced, 214 declined, and 68 remained unchanged

Despite sourcing 98 percent of construction materials locally, many real estate projects have stalled amid sharp increases in costs, Wahiduzzaman said.

It, however, directed banks to ensure that examination centres are duly authorised by relevant authorities abroad.

Its diluted earnings per share (EPS) stood at Tk 2.33 during the quarter

Turnover, a key indicator of market activity, stood at Tk 79.41 crore during the session

Net foreign direct investment (FDI) in Bangladesh plunged to a five-year low in 2024, according to provisional figures released by Bangladesh Bank, raising concerns over investor confidence amid growing economic headwinds and policy uncertainties.

Just five days after issuing a gazette notification imposing export fees on raw jute and jute products, the government has withdrawn the order to review the decision, following strong concerns from industry stakeholders over what they described as an excessive hike.

With the central bank halting direct financing by printing new notes, the government also has no option but to turn to commercial banks to meet its fiscal needs.