Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are increasingly exposed to extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address.

The government will rationalise tax exemptions once the country’s economic situation improves to some extent, according to National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan.

A state-run annual increment and wage review committee yesterday recommended that the government raise the minimum wage of garment workers by 9 percent.

Seven global oil and gas companies purchased tender documents for gas exploration in the Bay of Bengal, but none submitted the papers within the deadline, which ended yesterday.

A high-powered panel of the Bangladesh Bank (BB) decided to maintain the policy rate at 10 percent until the inflation comes down to a desired level and also spoke about moving away from the crawling peg and letting market forces determine the US dollar exchange rate.

Egg, sugar prices became cheaper to some extent, not other commodities, he says

In July last year, the price of gold crossed the Tk 100,000-mark for the first time.

Seven purchased tender documents, but none submitted papers finally

Total turnover stood at Tk 63.87 crore. 

Turnover at Dhaka Stock Exchange (DSE) hit a three-month low yesterday as skittish investors cautiously traded select shares amidst ongoing political and economic uncertainties. .The turnover, which is the total value of the shares traded on the market, amounted to Tk 293 crore. .Th

Real prices of rice have fallen in the decade from 2010 to 2020, benefiting consumers but generating lower real incomes for producers, according to a paper presented at an event in Dhaka yesterday..However, real prices of the staple food climbed in the years following the turn of the decad

Europe’s struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas intensifies, and the prospect of reduced Russian supplies looms.

Sustainability has become a cornerstone of global discourse, with frameworks like Corporate Social Responsibility, Social Responsibility, and Environmental, Social, and Governance shaping corporate expectations. The garment sector in Bangladesh has risen to meet these global priorities. However, while the industry is transforming, challenges remain in aligning these best practice efforts with equitable financial outcomes.

Marginalised people in Bangladesh, who are in an unequal situation, should receive additional aid and facilities, said Professor Mustafizur Rahman, a distinguished fellow at the Centre for Policy Dialogue (CPD).

The interest rate on a €470.78 million loan to the Payra Port Authority from the foreign exchange reserve will remain unchanged at 2 percent despite rising interest rates across the market.

Most of Dhaka’s five-star hotels are not faring well for a dearth of guests, as political uncertainties and security concerns following the August 5 student movement are putting off most events and travel plans.

Bangladesh’s Purchasing Managers’ Index (PMI) increased to 62.2 in November, a 6.5 percentage point climb from October, according to an unofficial estimate, indicating accelerated economic expansion driven by agriculture, manufacturing and services sectors.

Struggling with persistent inflation, the poorest people in rural Bangladesh are increasingly relying on rice to satiate their hunger while cutting back on protein-rich foods, according to a study by the Bangladesh Institute of Development Studies (BIDS).

Tarique Afzal, the managing director of AB Bank, has resigned from his position citing health reasons.

The share of women working in Bangladesh’s garment industry decreased over the past decade, with female participation falling to 53 percent in 2023 from 56 percent in 2014, according to a recent study.