Inflation outpaces wage growth for 34 months straight

Many low-income and unskilled workers in Bangladesh’s agriculture, industrial and service sectors are being compelled to reduce consumption as rising inflation eroded their real incomes over the past three years.
28 December 2024, 18:00 PM

A rush to heal exposed banking wounds

In October, a video on social media showed the manager of Social Islami Bank’s Agargaon branch breaking down in tears after enduring harsh verbal abuse from frustrated customers seeking to withdraw cash.
28 December 2024, 18:00 PM

Western Marine plans to export eight ships by 2025

After a pause of five years, shipbuilder Western Marine Shipyard Ltd is planning to export eight ships to a buyer of the United Arab Emirates (UAE) by next year. 
28 December 2024, 18:00 PM

Truth not to be told

A Moulana shared a viral story about his childhood friend, an eloquent speaker who became the Imam of a modern mosque in Dhaka.
28 December 2024, 18:00 PM

Inflation, political uncertainty eat through furniture recovery

After two years of sluggish business, local furniture makers saw a slight improvement in sales in June, only to meet with nationwide student protests culminating in a fierce anti-government campaign that ultimately ousted the Awami League regime in early August.
28 December 2024, 18:00 PM

Bottled soybean oil still in short supply

Despite a decision by the interim government to hike soybean oil prices nearly three weeks back, many kitchen markets across Bangladesh, including the capital Dhaka, are missing an adequate supply of the key cooking ingredient.
28 December 2024, 18:00 PM

Economy can’t go forward without Islami Bank: BB governor

Ahsan H Mansur opens a branch of the bank in Ghatail of Tangail
28 December 2024, 14:21 PM

Transport workers’ strike hits importers hard

1.5 million tonnes of imported goods got stuck at 50 ports
28 December 2024, 13:03 PM

Economic Reporters Forum elects new leaders

Doulat Akter Mala and Abul Kashem to serve as president and general secretary respectively 
28 December 2024, 07:23 AM

Local mechanics rev up the road, now govt needs to catch up

Amid the worldwide development of electric vehicles, which is changing the traffic landscape away from fossil fuels, Bangladeshi mechanics brought their humble version of an e-vehicle to the road: a battery-run rickshaw -- awkwardly wired, with visible battery units slinging on the back.
27 December 2024, 18:00 PM

REHAB fair ends with Tk 403 crore worth of sales, bookings

The five-day exhibition attracted 17,729 visitors
27 December 2024, 12:07 PM

BAT to invest Tk 28cr to raise production capacity

British American Tobacco (BAT) Bangladesh is planning to invest Tk 28.38 crore to enhance its production capacity to meet the growing demand for its products..In a disclosure on the Dhaka Stock Exchange website yesterday, the company said the investment would be sourced through a combinati
26 December 2024, 18:42 PM

32 NRBs awarded

A total of 32 non-resident Bangladeshis (NRBs) have been recognised for their outstanding contributions in areas like education, healthcare, industry, financial services and agriculture after returning to the country..Commerce Adviser Sk Bashir Ahmed handed over the awards during an event,
26 December 2024, 18:09 PM

Falling prices frustrate onion farmers

Farmers formed a human chain and demonstrated on the Pabna-Sujanagar road, protesting the falling prices of early-variety onions, as they fear they may not recover the production costs of the edible bulb this season.
26 December 2024, 18:00 PM

REHAB fair gives realtors a reality check

Real estate developers in Bangladesh participating in REHAB Fair-2024 were unsure of the event’s potential outcome until yesterday, when the sparse presence of visitors, let alone potential buyers, gave a reality check of the persistent economic challenges.
26 December 2024, 18:00 PM

Businesses face trouble as EC cancels NID data deal with Computer Council

Businesses ranging from banks to courier services and fintech companies are now facing trouble in onboarding new customers after the Election Commission (EC) recently cancelled access of the Bangladesh Computer Council (BCC) to the national identification card database.
26 December 2024, 18:00 PM

Vietnam may surpass Bangladesh in garment export: report

Vietnam is set to generate $44 billion this year through garment exports, surpassing Bangladesh, which is currently the world’s second-largest garment exporter, according to a Vietnamese media report.
26 December 2024, 18:00 PM

Agrani Bank’s health deteriorated fast in last five years

Once a reputable state-run commercial lender, Agrani Bank saw its financial health deteriorate fast over the past five years, mainly due to massive lending to politically backed businesses, mismanagement by the board and fallouts of Covid-19.
26 December 2024, 18:00 PM

Stocks rise after falling for three days

The benchmark index of the Dhaka bourse rose 15.12 points today
26 December 2024, 14:00 PM

Falling prices become a headache for onion farmers

The growers dumped onion on Pabna-Sujanagar road demanding a fair price
26 December 2024, 13:05 PM