Shop owners lambast ‘meaningless’ price fixing of 29 commodities

They demand cancellation of the prices fixed by the Department of Agricultural Marketing on March 15
19 March 2024, 14:00 PM

Chinese firm to invest $27.8 million in Bepza EZ

Dongfang Knitting (BD) Ltd, a Chinese company, will invest $27.8 million to set up a sock manufacturing factory at the Bepza Economic Zone at Mirsarai in Chattogram
19 March 2024, 10:27 AM

Gold to be Tk 1,750 cheaper from tomorrow

Each bhori 22-carat gold will cost Tk 111,158
19 March 2024, 09:41 AM

Dhaka stocks suffer major decline for one more day 

The DSEX, the benchmark index of the premier bourse of Bangladesh, lost 84 points, or 1.42 percent, to close the day at 5,814
19 March 2024, 09:26 AM

Ireland to invest in Bangladesh: Salman  

Bangladesh is set to allow Ireland to invest in an economic zone, said Salman F Rahman, prime minister's private industry and investment adviser
19 March 2024, 08:45 AM

Robi shares fall after floor price removal, market plunges 

Shares of Robi Axiata Ltd declined 10 percent in the morning session after the regulator lifted the floor price restrictions on the stock
19 March 2024, 05:59 AM

Key stock index drops to 35-month low

The prime index of Dhaka Stock Exchange (DSE) fell for a seventh consecutive trading day yesterday to close at a 35-month low amidst sparse participation of investors
19 March 2024, 05:13 AM

Bangladesh’s exports to keep boosting economic growth: BMI

Bangladesh’s exports will continue to contribute to its economic growth in the short term although high inflation, a weaker taka, and restrictions on imports will weigh down consumption and private investment, according to a new report
19 March 2024, 05:07 AM

Farmers face moderate to severe food insecurity: BBS

One in every four households, or 26.13 percent, that rely on agriculture for their income face food insecurity
19 March 2024, 05:00 AM

US trade body urges govt to end detention of RMG workers

Before the minimum wage was raised to Tk 12,500 in December, thousands of workers took to the streets to press home their demand for a minimum salary between Tk 23,000 and Tk 25,000.
19 March 2024, 04:28 AM

Competitive prices propelling plastic exports

Plastic product exports from Bangladesh grew 17 percent year-on-year to $162 million in the first eight months of the current fiscal year as the country ensured supply at competitive prices and even discovered new markets despite the global economic downturn.
19 March 2024, 02:56 AM

Bancassurance: a win-win solution for Bangladesh

With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.
19 March 2024, 00:36 AM

Exim-Padma Bank merger to take at least 18 months

The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.
18 March 2024, 18:00 PM

Pragoti to assemble and sell Kia sedan by this year

It signs deal with representative of Kia Corporation
18 March 2024, 15:52 PM

Banks can't impose any fine on supervision charges: BB

New guideline on supervision charge issued
18 March 2024, 14:25 PM

‘Govt agencies extorting restaurants in the name of raids’

The Bangladesh Restaurant Owners' Association (BROA) claims
18 March 2024, 13:28 PM

India to source onion from domestic market to export to Bangladesh

India’s National Cooperative Export Ltd will purchase 1,650 tonnes at Rs 29 a kg
18 March 2024, 11:13 AM

Exim Bank, Padma sign MoU for merger

The MoU will open the process of merger
18 March 2024, 05:31 AM

Red tape delays construction of second economic zone in Rangpur

Planned industrial development remains elusive in Rangpur as construction of a second economic zone in the northern district of Bangladesh has been barred by red tape for 16 years now. Besides, the existing industrial enclave of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in the region has fallen into disrepair, forcing entrepreneurs to search elsewhere to set up shops.
18 March 2024, 01:20 AM

Rural deposits fall for first time in five years as inflation bites

Banks in Bangladesh witnessed a sharp decline in deposits in rural areas in the last quarter of 2023, the first fall in five years, data from the central bank showed.
18 March 2024, 00:29 AM