ADP spending picks up in July-March

Development spending rose 42.30 percent in the first nine months of the current fiscal year (FY) thanks to a higher execution rate in March following the national election.
24 April 2024, 02:30 AM

Bangladesh lags behind peers in digital adoption for business

Less than half of the companies in Bangladesh use computers, according to a World Bank’s survey that revealed the country’s weak position in digital adoption for business compared to peer economies and neighboring nations.
24 April 2024, 02:00 AM

Beginning of partial operation of Patenga Container Terminal to face delay 

The beginning of partial operation of the newly built Patenga Container Terminal (PCT) is going to face delay as some required procedures, including the import of equipment and securing of legal clearances, are yet to be completed.
24 April 2024, 01:57 AM

Trade unions surge, but workers' rights still unprotected

Although there has been a fivefold increase in number of unions in 11 years since the country's deadliest industrial incident, most are failing to live up to expectations
24 April 2024, 01:30 AM

Exim Bank’s profit dropped 9.4% in 2023

Exim Bank's profit declined 9.4 percent year-on-year to Tk 337 crore in 2023, according to a disclosure on the Dhaka Stock Exchange (DSE) website yesterday.
24 April 2024, 00:00 AM

Stocks slump to 3-year low

Stock market indices dropped again yesterday after rising on the preceding day as a fact-finding meeting of the Bangladesh Securities and Exchange Commission (BSEC) failed to restore confidence among investors.
23 April 2024, 18:30 PM

Deposits safe in banks being merged: BB

Money deposited by individuals and institutions with banks, which have decided to go for mergers, will remain completely safe and secure, Bangladesh Bank said in a statement yesterday.
23 April 2024, 18:15 PM

Corruption major hurdle for women entrepreneurs

Corruption is a big obstacle for women entrepreneurs in Bangladesh, which is why they are lagging behind men in many categories of employment, according to a leading chamber for women.
23 April 2024, 17:58 PM

Sustainability disclosure standards needed to access external financing

Banks and financial institutions need to embrace global sustainability disclosure standards to access international financing and promote private sector development, said Mizanur Rahman, a commissioner of the Bangladesh Securities and Exchange Commission (BSEC).
23 April 2024, 17:42 PM

StanChart executes first INR-BDT import transaction for Unilever

Standard Chartered Bangladesh (SCB) has arranged the first Indian rupee (INR) denominated trade transaction to facilitate the import of Unilever Bangladesh Ltd (UBL), the largest multinational company operating in the fast-moving consumer goods (FMCG) sector.
23 April 2024, 15:50 PM
23 April 2024, 15:41 PM

Chinese SBS Zipper to invest $20 million in Bepza economic zone

The company will produce annually 271 million pieces of zipper and accessories
23 April 2024, 14:06 PM

FBCCI to establish joint business council with Qatar Chamber

The council will strengthen economic ties and cooperation
23 April 2024, 12:58 PM

Padma Bank MD resigns

NRB Bank appoints him as MD after that
23 April 2024, 12:43 PM

Depositors’ money in merged banks will remain completely safe: BB

Accountholders of merged banks will be able to maintain their respective accounts as before
23 April 2024, 12:14 PM

Meghna Insurance’s profit slightly down, recommends 10% cash dividend 

Meghna Insurance Company Ltd made a profit of Tk 5.16 crore in 2023, down slightly from Tk 5.28 crore in the previous year
23 April 2024, 06:46 AM

Is commodity market competitive? Experts have different views

Syndication has become a buzzword among consumers in Bangladesh, particularly in relation to the abnormal price hike of essential commodities over the past several years.
23 April 2024, 03:00 AM

Tax receipts rise 15% in July-March, close to IMF target

Bolstered by rising value-added tax (VAT) collection and increased income tax receipts, the tax administrator logged Tk 259,866 crore in total revenue in the July-March period of the current fiscal year, according to the NBR’s provisional estimates.
23 April 2024, 00:55 AM

Allure of bonds, forced selling blamed for stock market rout

In the two and a half months preceding last Sunday, the DSEX, the benchmark index of Dhaka Stock Exchange (DSE), dropped 794 points, or 12 percent.
23 April 2024, 00:55 AM

BGMEA again seeks duty-free garment exports to US market

At the meeting, the BGMEA also urged the USTR to put pressure on US clothing retailers and brands to increase the per unit price paid for garment items sourced from Bangladesh.
23 April 2024, 00:55 AM