Local manufacturing allows Property Lifts to be more competitive

Property Lifts, a concern of Pran-RFL Group, has been one of the leading brands in Bangladesh since its formation in 1988. The company began manufacturing lifts locally in 2000, adhering to quality and compliance. RN Paul, managing director of RFL Group, spoke during an interview recently regarding the journey, challenges, features and plans of Property Lifts in Bangladesh.
14 July 2024, 18:00 PM

BASIS America Desk launched

It will showcase latest technological advancements and exchange knowledge
14 July 2024, 15:08 PM

Bangladesh Startup Summit starts Jul 27

55 global venture capitalists and other investors will join the event
14 July 2024, 14:04 PM

DCCI calls for streamlining tax system to improve compliance

The NBR's collection target for the current fiscal year is Tk 480,000 crore, which is about 17 percent more than the previous fiscal year.
14 July 2024, 12:38 PM

DSE stocks fall amid profit booking

The premier bourse fell for the third consecutive day
14 July 2024, 10:32 AM

Turnover on interbank forex market on the decline

Turnover slumped 48.9 percent year-on-year to $23.6 billion in 2022-23, the central bank said in its Monetary Policy Review 2023-24 published last week.
14 July 2024, 03:35 AM

Govt to form autonomous body for debt management

The unit will work under the Finance Division
14 July 2024, 02:15 AM

Why are we shy of signing FTAs?

Free trade agreements (FTA) are made between countries to lower trade barriers through little to zero government tariffs or subsidies and other means.
13 July 2024, 18:00 PM

Digital activities to be included in census for first time

Bangladesh is set to include online economic activities of firms and households in its new census this year to cover all sectors of the country, a move that is expected to present data about the size of the expanding digital economy.
13 July 2024, 18:00 PM

Will there be any uptick in investment after PM’s China visit?

There was an expectation that investment inflows from China to Bangladesh would increase substantially following the Covid-19 pandemic as investors in China were looking for an alternative manufacturing hub.
13 July 2024, 18:00 PM

Govt short of taka, USD due to financial distress

The government does not have adequate taka and US dollars to implement the budget because of financial distress and its failure to raise enough revenues, said Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh, yesterday.
13 July 2024, 18:00 PM

Bimstec yet to make substantial progress in trade: experts

The Bimstec FTA should be concluded within a year, they opined
13 July 2024, 12:53 PM

Highest data anomalies taking place in banking sector: Ahsan H Mansur

The executive director of PRI Bangladesh says at ERF event
13 July 2024, 09:41 AM

76 companies to be honoured with national export trophies

Rifat Garments Ltd will be given Bangabandhu Sheikh Mujib Export Trophy
13 July 2024, 06:36 AM

Bangladesh faces internet disruptions for 12 hours

Internet connectivity in Bangladesh will face partial disruption for 12 hours from this morning because of maintenance of 1st submarine cable, said Bangladesh Submarine Cables PLC (BSCPLC) in a press release.
13 July 2024, 03:52 AM

Full-fledged cancer treatment facilities need of the hour

High-quality cancer drugs are produced in Bangladesh. Oncologists and physicians are also available. However, the country is lagging in putting in place an adequate number of full-fledged facilities to treat patients suffering from such diseases.
12 July 2024, 18:00 PM

Local pharma lights up hope in cancer treatment

The pharmaceutical sector of Bangladesh has achieved many milestones over the past 14 years. Not only do local companies now meet 90 percent of the country’s demand for medicines, but the products are also exported to around 150 countries, fetching hundreds of millions of dollars.
12 July 2024, 18:00 PM

AI’s ethical challenges require a multifaceted approach: Palak

There needs to be a multifaceted approach to address the ethical challenges posed by artificial intelligence (AI), said State Minister for ICT Division Zunaid Ahmed Palak..AI should be used to close the gap on digital divides and empower society, rather than worsen existing inequalities, h
11 July 2024, 18:30 PM

Stocks drop amid profit booking

Shares in Bangladesh dropped for a second consecutive day yesterday as skittish investors chose to sell off their scrips to make a quick gain..The DSEX, the major index of Dhaka Stock Exchange (DSE), went down by 1.11 percent from that on the day before to close at 5,506.67..Likewise
11 July 2024, 18:00 PM

NBFIs’ bad loans surge to a record Tk 23,208 crore

Defaulted loans at non-bank financial institutions (NBFIs) soared 38 percent to a record Tk 23,208.7 crore at the end of 2023, raising concerns over the sector’s deteriorating health.
11 July 2024, 18:00 PM