Sustainable business-friendly environment a must now: FBCCI

FBCCI sits with different trade bodies to prepare budget proposals
23 March 2024, 14:11 PM

India extends ban on onion exports indefinitely ahead of general election

India has extended its ban on onion exports indefinitely - a surprise move that comes ahead of a general election and is set to exacerbate high prices in some overseas markets.
23 March 2024, 09:45 AM

Hurried bank merger raises questions

The hurried initiative of merging banks may not bring about the desired outcome, said analysts at a webinar.
23 March 2024, 07:53 AM

Chattogram Port: From archaic anchorage to modern marvel

If you get a chance to take a stroll inside the present-day terminal of Chattogram Port, a world of mechanical marvels awaits.
22 March 2024, 18:00 PM

20 plates of rice, 118 plates of curries for a lunch of 4!

NRBC Bank’s top managers have great appetites. 
22 March 2024, 18:00 PM

Dubious reward for a select few

Only a select 27 employees of NRBC Bank were given salary hikes, and that too astonishingly, in 2022 in violation of banking rules as well as NRBC’s own human resources policy
22 March 2024, 18:00 PM

Management of the port enters new era

In December, a historic deal marked the start of a new era for port management across the country as Bangladesh welcomed its first foreign port operator.
22 March 2024, 18:00 PM

Capital machinery imports on the mend

Capital machinery imports are recovering slowly as concerns over political uncertainty ease and banks show more willingness to facilitate investments amidst increased liquidity in terms of US dollars and stability in the exchange rate. During the July-January period of this fiscal year (FY), LC openings for capital machinery grew three percent year-on-year to $1,557 million, according to Bangladesh Bank data.
22 March 2024, 03:13 AM

Key stock index rises 1.21%

Major indices of the Dhaka Stock Exchange (DSE) maintained their upward trend for the second day in a row yesterday.
22 March 2024, 00:07 AM

Companies scramble to repay bank loans

Since the interest rates may rise further, the companies are taking steps to quickly pay back loans using funds from alternative sources, according to business leaders.
22 March 2024, 00:07 AM

NRBC branch covered up capital flight

Export proceeds worth at least $3.45 million (Tk 34.41 crore) were not repatriated by six customers of NRB Commercial Bank’s Uttara branch, and the bank concealed the trail of the capital flight, according to the bank’s internal audit and case documents.
21 March 2024, 18:00 PM

External debt crosses $100b for first time

Bangladesh’s external debt has crossed the $100 billion mark for the first time, indicating a challenging future amid foreign exchange shortage.
21 March 2024, 18:00 PM

Navigating politics in the corporate jungle

Let me share a true story from a LinkedIn friend who had a bitter argument with his boss. Attempts to share his concerns turned futile as the office only kept records in hard copies instead of digital. Eventually, his frustration reached a height where he blocked his boss on his phone.
21 March 2024, 17:59 PM

Food ministry allows import of 83,000 tonnes of rice

The government has allowed private traders to import a total of 83,000 tonnes of parboiled and sunned rice from abroad, a move that comes more than a month after the National Board of Revenue (NBR) slashed the related import tariff.
21 March 2024, 16:18 PM

'Bangabandhu’s initiative increased land under irrigation'

According to a paper presented at a seminar
21 March 2024, 15:44 PM

Gold price hiked to Tk 114,074, a new record

The new rate comes two days after a price cut
21 March 2024, 15:15 PM

Four insurers show-caused for Tk 264 crore unsettled claims

The four are: Sunflower Life Insurance, Progressive Life Insurance Company, Sunlife Insurance Company and Homeland Life Insurance Company
21 March 2024, 14:10 PM

BTRC asks Meta to tackle misinformation on its platform

Meta top officials meet BTRC chairman in Dhaka
21 March 2024, 13:07 PM

Allow 8-day Eid holiday for RMG workers to avoid travel chaos

National Committee to Protect Shipping, Roads and Railways urges authorities
21 March 2024, 13:03 PM

Dhaka stocks extend gains 

The major indices of the Dhaka Stock Exchange (DSE) continued its upward trend for the second straight day today.
21 March 2024, 10:48 AM