Proton CEO Li Chunrong arrives in Dhaka to launch Proton X90

Li Chunrong, chief executive officer of Proton, arrived in Dhaka yesterday to take part in an event where Proton X90 will be unveiled.
29 February 2024, 00:15 AM

Ensure cold chain logistics to reduce $2.4bn post-harvest losses

Bangladesh faces annual post-harvest losses of about $2.4 billion as the country lacks essential cold chain infrastructure and services known as temperature-controlled logistics (TCL), according to a paper presented at a conference.
29 February 2024, 00:15 AM

Climate-induced disruptions could cost Bangladesh $700b in apparel exports by 2050

Bangladesh could lose a staggering $27 billion in annual apparel exports by 2030 if it does not adopt a climate-adaptive approach due to high heat and floods, according to a new study.
29 February 2024, 00:15 AM

Demystifying the essence of corporate leadership

All of us remain enamoured by principled political leaders like Bangabandhu, Mandela, and Gandhi, who we respect and admire and are willing to follow due to their sacrifices for upholding principles. However, this write-up is about a different type of leaders, namely corporate leaders.
28 February 2024, 23:49 PM

Stocks fall after electricity price goes up

Shares at the Dhaka Stock Exchange (DSE) slipped yesterday, a day after the government decided to increase electricity prices by Tk 0.34 and Tk 0.70 per unit from March.
28 February 2024, 18:05 PM

BCI demands 5-year tax holiday for small businesses

The Bangladesh Chamber of Industries (BCI) yesterday demanded a five-year tax holiday for cottage, micro and small and medium enterprises (CMSMEs) beginning from fiscal year 2024-25 in order to foster their growth.
28 February 2024, 18:00 PM

New sanctions threaten Russian oil sales to India

Fresh US sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter said.
28 February 2024, 14:05 PM

Bangladesh Bank gets two new deputy governors

Khurshid Alam and Habibur Rahman have been appointed on contractual basis for three years
28 February 2024, 13:44 PM

Insurance claim settlement up 4% in 2023: IDRA

National Insurance Day on March 1
28 February 2024, 13:31 PM
28 February 2024, 12:49 PM

What most Bangladeshis consider a safe investment?

North South University conducted a survey with the support of MetLife Bangladesh
28 February 2024, 11:50 AM

Internet to be disrupted on March 2

Submarine cable SEA-ME-WE-4 will remain disconnected for maintenance for 12 hours from 7am
28 February 2024, 11:20 AM

Mercantile Bank’s authorised capital to rise to Tk 2,000 crore 

Mercantile Bank PLC’s authorised capital will go up to Tk 2,000 crore from Tk 1,200 crore now
28 February 2024, 10:07 AM

Forum panel to offer recovery plan for garment sector, beef up compliance 

The Forum panel, one of the platforms that is contesting in the BGMEA polls, said it will come up with a recovery plan for the struggling garment sector, beef up compliance, and work to make businesses easier if it is elected
28 February 2024, 09:07 AM

United Insurance’s profit rises slightly in 2023 

United Insurance Company Ltd witnessed a modest increase in profit to Tk 7.92 crore in 2023
28 February 2024, 07:25 AM

Standard Ceramic’s loss more than doubles in Q1 

Standard Ceramic Industries Ltd, a tableware ceramic manufacturer, posted a Tk 47.42 crore in loss in the July-September period of the financial year 2023-24
28 February 2024, 07:16 AM

Alif Industries to take over two companies

Alif Industries Ltd plans to take over an export-oriented denim plant and a dredging company
28 February 2024, 05:53 AM

Eastern Bank to launch climate change adaptation award

Eastern Bank PLC, one of the leading private commercial banks in Bangladesh, will launch “Climate Change Adaptation Award” this year.
28 February 2024, 00:49 AM

Launch owners demand tax cut as passenger flow falls

Owners of commercial passenger vessels, called launches in Bangladesh, yesterday demanded that the government reduce their advance income tax (AIT) per passenger on grounds of a drastic drop in business since the opening of Padma Bridge.
28 February 2024, 00:49 AM

Daraz to go for significant layoff in Bangladesh to cut costs

Daraz Group, Alibaba’s South Asian e-commerce arm that operates in five markets including Bangladesh, has announced that it will “bid farewell to many valued members” but stopped short of disclosing the number.
28 February 2024, 00:49 AM