Addressing supply chain gaps in Bangladesh

In recent times, the escalation of prices in essential commodities has presented a formidable challenge for individuals with lower incomes in Bangladesh.
21 January 2024, 18:00 PM

Unique Meghnaghat Power receives first instalment of $463m loan

Unique Meghnaghat Power Limited (UMPL) recently got $360 million as the first disbursement of a $463 million loan agreement with foreign lenders for the construction of a combined cycle gas-fired power plant at Sonargaon in Narayanganj.
21 January 2024, 16:20 PM

Desperation deepens for informal workers

Inflation, lack of any scope to avail government opportunities are among reasons for the desperate state of informal workers
21 January 2024, 16:05 PM

China committed to deeper ties in trade, project finance with Bangladesh: Ambassador Yao Wen

Chinese Ambassador to Bangladesh Yao Wen said he expects more cooperation in projects, trade and finance with Bangladesh. 
21 January 2024, 08:42 AM

Economic ills demand urgent action

Analysts urged governments to take measures to restore macroeconomic stability
21 January 2024, 01:30 AM

Food makers’ sales growth halves amid higher inflation

Inflation is the leading cause of the slow growth of leading food makers
21 January 2024, 00:15 AM

'Floor price for stocks should not be reintroduced'

Floor price should not be reintroduced as its unfriendly to both investors and market, said Saiful Islam, president of DBA
20 January 2024, 20:30 PM

Can monetary policy help?

Post-pandemic, Bangladesh recovered reasonably quickly and was seeing encouraging signs that the economy was well poised to return to the pre-Covid growth path. However, a combination of global inflationary pressure and supply disruptions owing to the Russia-Ukraine War, a rising US dollar, increasing international inflation rates, and the emergence of recessionary fears in advanced economies coupled with a few not-so-thoughtful domestic policy measures created a hostile economic environment for us.
20 January 2024, 18:30 PM

Maddhapara Granite posts drop in profit for declining sales

Even with record high production, profit of MGMCL dropped as half of the rock remained unsold
20 January 2024, 18:00 PM

IMF’s $4.7B Loan: Only one condition missed for third tranche

Bangladesh has met all but one quantitative target set for December 2023 by the International Monetary Fund to qualify for the third instalment of the $4.7 billion loan.
20 January 2024, 18:00 PM

No need to panic about ongoing economic crises: DCCI

The inflationary pressure is not exclusive to Bangladesh as it has affected countries worldwide
20 January 2024, 15:12 PM

Bank MDs prefer moving to Canada’s Begum Para after retirement

Immediate past state minister for planning Shamsul Alam says
20 January 2024, 12:02 PM

Textile millers urge workers to refrain from vandalism

BTMA asks workers to refrain from vandalism as new wage structure is set to arrive within two weeks
20 January 2024, 06:08 AM

Global tourism to reach pre-pandemic levels in 2024: UN

International tourism levels will be slightly higher than its pre-pandemic levels in 2024 boosted by an expected resurgence in Asia, the UN's World Tourism Organization (UNWTO) said Friday
19 January 2024, 11:30 AM

Garment export to EU falls

Garment export to EU falls 1.24% year-on-year to $11.36 billion in Jul-Dec period
19 January 2024, 09:13 AM

Listed apparel exporters' profit drops 50% despite strong dollar

Even with taka's devaluation, profits of listed export-oriented garment makers declined heavily for higher costs
19 January 2024, 01:45 AM

Regulator lifts floor price curbs on most stocks after 18 months

After 18 months, BSEC yesterday withdrew the floor price for most stocks, to bring back vibrancy to the market
19 January 2024, 01:30 AM

Car sales screech to 10-year low as prices accelerate

US dollar crisis and economic vulnerability has caused passenger car sales to plummet to a 10-year low
19 January 2024, 01:05 AM

World Bank, ADB promise more support but call for reforms

Both the World Bank and Asian Development Bank (ADB) have assured they will continue supporting Bangladesh’s growth but stressed the need for economic reforms that are crucial for the country to become a developed nation.
19 January 2024, 00:15 AM

BTCL, Teletalk asked to clear dues of Tk 3,000cr

BTRC demanded payments from Teletalk and BTCL to clear dues of Tk 3,000 crore, a staggering amount
19 January 2024, 00:10 AM