Stocks downbeat as nationwide shutdown begins

The DSEX dropped 42.33 points, or 0.77 percent, to 5,440.81 as of 11.37 am
18 July 2024, 05:45 AM

Retailers in Dhaka face low sales

Retailers are counting lower sales in Dhaka due to the low turnout of customers amidst a nationwide student movement demanding reforms to the quota system for government jobs..Traders said the fear of vandalism kept shopkeepers from opening their shops in some areas..The current situ
16 July 2024, 18:00 PM

Crab farming can boost exports: experts

Bangladesh’s export earnings will get a boost if crab farming is expanded in the country, as global demand for crabs is on the rise, experts said today.
16 July 2024, 18:00 PM

BTCL recorded Tk 316cr unrealised dues as ‘current asset’: CAG

Bangladesh Telecommunications Company Limited (BTCL) has failed to realise dues worth around Tk 316 crore from different companies and falsely recorded it as “current asset” in its financial statement. 
16 July 2024, 18:00 PM

Maersk’s new shipping service to boost Sino-Bangla trade

AP Moller-Maersk (Maersk) announced the launch of SH3, a new ocean shipping service, to facilitate the growing trade volume between China and Bangladesh, particularly in the retail sector.
16 July 2024, 18:00 PM

LafargeHolcim’s profit declines

LafargeHolcim Bangladesh Limited (LHBL), a building material solutions provider, saw its profit decline by 33 percent in the first half of 2024 compared to the same period the year prior due to a sales decline amidst ongoing economic challenges.
16 July 2024, 18:00 PM

GP declares 160% interim dividend for Q2 despite profit fall

Grameenphone Ltd registered higher revenue in the April to June quarter of 2024, yet its profit dropped mainly due to higher tax expenses.
16 July 2024, 18:00 PM

BB to keep policy rates high to curb inflation

Bangladesh Bank is going to unveil the monetary policy for the first half of fiscal year 2024-25 tomorrow and is expected to retain its tight monetary stance as its foremost target is to bring down the spiralling inflation.
16 July 2024, 18:00 PM

Cargo piles up at HSIA as C&F agents observe strike for 3 days

Nearly 1,500 tonnes of cargo have been stockpiled at the Hazrat Shahjalal International Airport (HSIA) in Dhaka over the past three days due to a strike called by clearing and forwarding (C&F) agents.
16 July 2024, 18:00 PM

Govt borrowing through bonds, bills rises fivefold

The government’s borrowing through the sales of treasury bonds and bills jumped fivefold in the last fiscal year, which raised its debt servicing cost compared to the level projected initially.
16 July 2024, 18:00 PM

India plans new asset class for high-risk investors

The Securities and Exchange Board of India (SEBI) is proposing a new asset class that allows investors to take on higher risk through a regulated product, the Indian market regulator said in a consultation paper released on Tuesday.
16 July 2024, 18:00 PM

Once India’s biggest startup, Byju’s faces insolvency proceedings

Edtech company Byju’s, once India’s biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 million in dues to the country’s cricket board, a tribunal said on Tuesday.
16 July 2024, 18:00 PM

DSEX falls

The benchmark index of the Dhaka Stock Exchange (DSE) fell yesterday just a day after posting a rise as investors opted to book profits by selling off shares.
16 July 2024, 18:00 PM

Users in universities facing mobile internet disruption

BTRC officials could not be reached for comment
16 July 2024, 15:57 PM
16 July 2024, 14:02 PM

Cooperate to resist rumours or face action, Palak warns social media platforms

State minister for telecom and ICT urged Facebook, YouTube, TikTok, and Instagram not to indulge in rumours
16 July 2024, 12:34 PM

An investor’s guide to export from Bangladesh

In Bangladesh, the export segment plays a critical role in driving economic growth by bringing in the much-needed foreign earnings.
16 July 2024, 12:10 PM

Maersk launches new shipping service to enhance China-Bangladesh trade

The SH3 service is operational since July 7 this year
16 July 2024, 10:36 AM

DSE stocks fall almost flat

It dropped 1.82 points just a day after posing a gain
16 July 2024, 10:26 AM

June export data release to be delayed

Data correction is going on
16 July 2024, 07:44 AM