Max Group starts production of green blocks

Max Group, a top construction firm in Bangladesh, has entered the green brick business by starting commercial production of autoclaved aerated concrete (AAC) blocks and panels at an initial investment of around Tk 160 crore.
18 April 2024, 18:00 PM

Anontex Loans: Janata in deep trouble as BB digs up scams

Bangladesh Bank has ordered Janata Bank to cancel the Tk 3,359 crore interest waiver facility the lender had allowed to AnonTex Group, after an audit found forgeries and scams involving the loans.
18 April 2024, 18:00 PM

The cost-of-living crisis prolongs for wage workers

The cost-of-living crisis in Bangladesh appears to have caused more trouble for daily workers as their wage growth has been lower than the inflation rate for more than two years.
18 April 2024, 16:01 PM

MTB’s profit grows 21%

It made Tk 286 crore in 2023, up from previous year's Tk 237 crore
18 April 2024, 15:20 PM

Gold price hits new record again

Jewellers are selling each bhori of gold at Tk 119,637 from 7pm today
18 April 2024, 14:15 PM

Livestock services week, fair begin

3,000 farmers from 466 upazilas take part in "Livestock Services Week and Exhibition-2024"
18 April 2024, 14:01 PM

Dhaka stocks slip below 5,700 after 35 months

The share market saw a massive setback today with the benchmark index of the Dhaka Stock Exchange (DSE) falling below the 5,700-point mark for the first time in 35 months as nervous investors sold off their scrips. 
18 April 2024, 11:55 AM

Witness Bangladeshi startup ecosystem taking center stage at Turtle Venture Studio's demo day in Singapore

Turtle Venture Studio is the first of its kind in Bangladesh organizing their Demo Day in Singapore
18 April 2024, 11:23 AM

Govt raises bottled soybean oil price to Tk 167 a litre

But cuts loose soybean oil price by Tk 2 a litre
18 April 2024, 11:04 AM

‘Farmer, RMG workers, migrants main drivers of Bangladesh economy in first 50 years’

However, their contribution would not remain the same in the years to come, says a book published from London
18 April 2024, 10:05 AM

DBBL, Bank Asia advance despite market fall in early trade 

Shares of most companies fell in the morning trade on the Dhaka Stock Exchange (DSE), extending a losing streak for the fourth day.
18 April 2024, 05:35 AM

Wood plastic composites gaining popularity

Wood plastic composites in the form of kitchen cabinets, bathroom and balcony doors are slowly gaining popularity in Bangladesh for being an alternative to wood, according to industry insiders and realtors.
18 April 2024, 03:05 AM

Padma Islami served show cause notice over Tk 211cr unsettled claims

The Insurance Development and Regulatory Authority (IDRA) has given Padma Islami Life Insurance five working days to explain why they should not be penalised for failing to settle claims amounting to Tk 211.82 crore last year.
18 April 2024, 01:00 AM

Drones to help assess crop losses

Around 20 officers of the Department of Agricultural Extension (DAE) are initially receiving training to learn how to use the state-of-the-art technologies, it added.
18 April 2024, 00:29 AM

US trade bodies oppose tariff hike idea for garments from Bangladesh

Bangladeshi apparel exporters are facing one of the highest tariffs at 15.62 percent in the US, which imported more than $116 billion worth of garment items last year. Bangladesh's share stands at 9.3 percent.
18 April 2024, 00:29 AM

Social safety net to get wider and better

A top official of the ministry said the government would increase the number of beneficiaries in two major schemes – the old age allowance and the allowance for widows, deserted, or destitute women.
18 April 2024, 00:29 AM

Stocks decline for 3rd day straight

Although companies listed with the Dhaka Stock Exchange (DSE) regained some strength in the early hours of trading yesterday, they eventually ended in a decline that extended their losing streak for the third day consecutively.
17 April 2024, 18:30 PM

US trade body reiterates support for GSP revival

The American Apparel & Footwear Association (AAFA) has expressed support for revival of the Generalised System of Preferences (GSP) to reduce costs faced by US citizens.
17 April 2024, 18:00 PM

Bank Asia to take over Bank Alfalah’s Bangladesh unit

Bank Asia is likely to acquire the Bangladesh operations of Karachi-based Bank Alfalah, according to information disclosed to the Pakistan Stock Exchange yesterday.
17 April 2024, 18:00 PM

ADN Telecom plans to make telecom devices

ADN Telecom, a leading IT and telecommunication service provider in Bangladesh, has availed land to set up facilities and locally manufacture telecommunication devices to substitute imports, according to company officials.
17 April 2024, 17:55 PM