WEF identifies 6 challenges Bangladesh would face in two years

They are: energy shortage, inflation, economic downturn, inequality, public debt and unemployment
11 January 2024, 13:21 PM

External challenges linger for Bangladesh after Awami League re-election: Fitch

Bangladesh's external challenges remain pressing, the American credit rating agency said.
11 January 2024, 12:31 PM

Central banks should be fighting the climate crisis – here’s why

Central banks are public institutions, charged with maintaining economic stability through controlling the supply of money in an economy.
11 January 2024, 11:30 AM

Import payments for eight essential items ease ahead of Ramadan

BB allows imports of edible oil, chickpeas, pulse, peas, onion, spices, sugar, and dates on usance terms for up to 90 days
11 January 2024, 08:45 AM

RMG exports to US continue to decline

Apparel shipments from Bangladesh to the United States have continued its downward trend for the past several months due to slowdown in the sourcing of garment items by American retailers and brands because of higher inflationary pressure.
11 January 2024, 01:00 AM

Bangladesh to post sixth highest GDP growth in Asia in FY24

Bangladesh is poised to become one of the fastest growing economies in Asia, according to a WB report
11 January 2024, 00:45 AM

Making the economy breathe easier

The Bangladesh economy has entered 2024 with acute cost-of-living pressures, external payment imbalances, shortage of dollar liquidity, elevated illicit capital outflows, and vulnerable balance sheets in several, not all, bank and non-bank financial institutions.
11 January 2024, 00:15 AM

Olympic's annual biscuit sales cross Tk 2,500cr for the first time

Rising sales for packaged bakery and confectionary items helped Olympic Industries to cross Tk 2,500 crore in sale
11 January 2024, 00:00 AM

BTRC mulls fixing minimum mobile recharge amount

Just as private mobile operators were mulling to raise the minimum amount that customers can top up, Bangladesh Telecommunication Regulatory Commission (BTRC) has come up with its own plan to set the figure.
10 January 2024, 19:30 PM

Import-control measures affecting industrial output

Import-control measures and energy shortages are affecting the industrial output of a number of countries in South Asia, including Bangladesh, according to the International Labour Organization (ILO).
10 January 2024, 19:00 PM

Boro farmers fret as cultivation costs rise

A significant increase in cultivation costs is making the farmers feeling gloomy about getting fair prices
10 January 2024, 18:30 PM

Restoring clients’ trust in banking sector an undeniable need

The banking sector is the backbone of a country's economy, especially to promote businesses. However, sadly, the sector is plagued with multi-layered challenges.
10 January 2024, 18:00 PM

Square Pharmas logged Tk 1,898cr profit in FY23

Square Pharmaceuticals registered a 4.53 percent year-on-year growth in profit to Tk 1,898 crore
10 January 2024, 16:10 PM

Meghna Bank to arrange Tk 175cr for Star Ceramics

Meghna Bank will arrange Tk 175 crore from different banks and financial institutions for tiles and sanitaryware manufacturer Star Ceramics, a sister concern of RAK Ceramics Bangladesh.
10 January 2024, 15:25 PM

Sonali Life ordered to cooperate with CEO

The IDRA made the order after Aman in a letter to the IDRA said Sonali Life’s board had not allowed him to enter the company's office since January 1
10 January 2024, 14:46 PM

17 local firms join world's biggest textile fair Heimtextil

The four-day exhibition began on Jan 9 in Germany
10 January 2024, 13:41 PM

The US invented shopping malls, but China is writing their next chapter

Malls became a motif of modernity during the country's economic expansion. They offered consumers year-round protection from heat, humidity, cold and frost, as well as from busy streets and polluting traffic. Malls were safe environments where the steadily increasing numbers of more affluent Chinese families could shop and eat, stroll and meet.
10 January 2024, 13:20 PM

Reserves fall after $1.27b ACU payment

Bangladesh's foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through Asian Clearing Union (ACU), a top official said yesterday.
10 January 2024, 01:15 AM

Inflation stays stubborn despite rate hikes. Can it be tamed?

Even rate hikes cant tame a raging inflation, so what is the solution ?
10 January 2024, 01:13 AM

Doorstep fuel delivery plan is fraught with risk

Even though the government has approved a guideline, experts point out concerns in carrying flammable items in such manner
10 January 2024, 00:40 AM