62% young women not in employment, education

Three out of five young women in Bangladesh were considered NEETs (not in employment, education, or training) in 2022, a waste of the workforce in a country looking to thrive riding on the demographic dividend, official figures showed.
22 February 2024, 00:27 AM

A third of NBFIs running without MDs

Twelve non-bank financial institutions (NBFIs) in Bangladesh are running without a regular managing director or chief executive officer and a majority of them have had their top post vacant for more than three months in a clear breach of laws.
22 February 2024, 00:15 AM

BRAC Bank issues Tk 700 crore bond targeting small investors

Minimum investment threshold is Tk 10 lakh
21 February 2024, 14:15 PM

MFS transactions grow fourfold in five years

People made Tk 4,100 crore MFS transactions in 2023's December
21 February 2024, 13:42 PM

Summit Power suffers 46% drop in profit

Its profit hit Tk 221 crore in FY23, down from Tk 413 crore previous year
21 February 2024, 10:44 AM

Turkish CCI completes acquisition of Coca-Cola Bangladesh Beverages

Turkish beverage company Coca-Cola Icecek (CCI) said it has completed deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million
21 February 2024, 08:02 AM

Higher raw material imports signal end of pharma sector’s slump

Bangladesh’s pharmaceuticals sector is rebounding on the back of smooth imports of raw materials, a well-maintained supply chain, and a higher opening of letters of credit, highlighting the recovery following challenges over the last two years, industry people say.
21 February 2024, 00:32 AM

Credit card spending abroad rose 19% in Dec

Bangladeshis travelling abroad spent Tk 579 crore in December last year to buy goods and services, up 19 percent from a month ago, Bangladesh Bank data showed.
21 February 2024, 00:17 AM

Stocks fall for seventh session

Major indices of the Dhaka Stock Exchange (DSE) fell for a seventh successive trading session yesterday.
21 February 2024, 00:17 AM

Dhaka trade fair logs Tk 392cr in export orders

The 28th edition of the Dhaka International Trade Fair (DITF) has fetched export orders worth Tk 392 crore, up 17 percent from the previous year, according to the commerce ministry.
21 February 2024, 00:17 AM

Supply of essential Ramadan commodities rises

The import of soyabean oil, chickpeas, dates, palm oil, pulses, and yellow peas, items that are in high demand during the fasting month of Ramadan, are on the up, according to a paper by the Bangladesh Trade and Tariff Commission (BTTC) obtained from the commerce ministry.
21 February 2024, 00:17 AM

Padma Bank to turn institutional deposits into preference shares

In a rare move, Padma Bank PLC is going to convert institutional deposits into preference shares and provide them to customers seeking to withdraw funds, exposing how deeper its liquidity crisis is.
21 February 2024, 00:17 AM

10-year treasury bond yield reaches decade high

The yield of 10-year government bonds has increased to 12.05 percent, the highest in a decade, amidst tight liquidity in the market, indicating that money will turn expensive, said market insiders.
21 February 2024, 00:17 AM

Extend tax return filing deadline for companies: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the National Board of Revenue (NBR) to extend the deadline for tax return filing by companies by two months until April 30 this year 2024.
21 February 2024, 00:17 AM

Commerce ministry to share commodity prices on website daily

The commerce ministry will only fix price of a commodity if it seems too high
20 February 2024, 19:04 PM

Businesses demand world-class logistics policy

Businesses in Bangladesh yesterday demanded the government ensure world-class logistics services to address different challenges in this regard as the maiden national logistics policy will be framed soon.
20 February 2024, 18:00 PM

Extend tax return filing deadline for companies: FBCCI

It wants the deadline to be extended until April 30
20 February 2024, 16:03 PM

Dhaka trade fair logs Tk 392 crore in export orders

The month-long Dhaka International Trade Fair ends today
20 February 2024, 15:27 PM

Stocks fall for seventh session

Major indices of the Dhaka Stock Exchange (DSE) has fell for a seventh successive trading session today.
20 February 2024, 13:40 PM

Soybean oil prices to decrease by Tk 10 from March 1

Edible oil refiners said today that soybean oil price would be cut by Tk 10 a litre from March 1 to pass on the benefit of reduced duty and value-added tax to consumers
20 February 2024, 08:24 AM