'Political peace vital for business'

MCCI president outlines peace as vital for business activities.
19 November 2023, 00:15 AM

Listed textile, apparel makers struggle despite taka's fall

Listed apparel companies in Bangladesh struggled to capitalise on the massive devaluation of the local currency against the US dollar in fiscal year (FY) 2022-23 due to a hike in gas and electricity prices, and fuel and raw material costs.
19 November 2023, 00:02 AM

Govt officials to discuss Blinken's statement

Bangladesh is already in the process of improving the labour rights situation and top bureaucrats will discuss a recent US statement on the issue, said a top commerce ministry official yesterday.
18 November 2023, 23:45 PM

Bangladesh Finance launches 'Green Deposit'

Bangladesh Finance has launched a new financial product named “Green Deposit” in an effort to help transition Bangladesh towards a sustainable economy.
18 November 2023, 14:58 PM

India cenbank tightens rules for personal loans, credit cards amid demand surge

The tighter rules, in the form of higher capital requirements, will make personal loans costlier
18 November 2023, 13:36 PM

Gold hits record Tk 106,376 a bhori

New price for 22-carat gold comes into effect on Nov 19
18 November 2023, 12:17 PM

Microsoft empowers Transcom Group’s digital transformation journey

Transcom Group, a business conglomerate in Bangladesh, has joined hands with Microsoft and cloud solution partner Elevate Solutions Ltd to accelerate its digitalisation across all business operations. .Arif-Uz-Zaman, head of technology at Transcom Group; Md Yousup Faruqu, country managing
18 November 2023, 11:46 AM

'Stop arrests of workers, revise minimum wage'

Bangladesh Garment Sramik Sanghati, a RMG workers' platform, today held a rally in front of Jatiya Press Club demanding a review of the declared wage of Tk 12,500 along with an end to the arrests of workers agitating for fair wages
17 November 2023, 15:35 PM

Stone crushers left uncared for

Although stone crushers help provide a key raw material for construction in Bangladesh, these workers have long been overlooked when it comes to ensuring fair wages and suitable working conditions, according to industry people.
17 November 2023, 01:00 AM

Can Bangladesh exploit its under-utilised workforce?

Forhad Hossain has been looking for a permanent job since earning his master’s in management degree from Abdullah Al Mahmud Degree College in Sirajganj in 2019.
17 November 2023, 00:30 AM

Shipping Corporation to add 18 new ships to fleet

Aiming to enhance its capacity in transporting seaborne cargo, the state-owned Bangladesh Shipping Corporation (BSC) has taken an initiative to add a total of 18 new ships to its fleet in a short period.
16 November 2023, 18:02 PM

Renewables the cheapest long-term option for Bangladesh

Renewable energy is going to be the cheapest option for Bangladesh to meet growing electricity demand in the long term, the Centre for Policy Dialogue (CPD) said, citing a Bloomberg report.
16 November 2023, 18:00 PM

ILO calls for transparency in fixing RMG wages

The International Labour Organization (ILO) has underscored the necessity of adopting a minimum wage determination process for Bangladesh’s garment sector founded on transparency, fairness and evidence to ensure a decent living wage for the workers.
16 November 2023, 15:11 PM

Blockade dents income of ride-hailing drivers, rickshaw pullers

Mohammad Alauddin, who drives a CNG-run three-wheeler on hire for a living, had waited to no avail for passengers at Pallabi of Dhaka yesterday during the usual peak hours from 10:00am to 12:27pm.
16 November 2023, 00:15 AM

Buyers ready to pay more for value-added garments

International clothing retailers and brands have suggested that local garment suppliers produce more value-added garment items for better prices as work orders may rebound after the general election of the country next year.
16 November 2023, 00:00 AM

LGD still leads in ADP spending ahead of polls

The local government division (LGD) accounted for 21 percent of the total expenditure among 58 ministries and divisions in the first four months of the current fiscal year (FY) ahead of the upcoming national elections, scheduled to be held on January 7 next year.
16 November 2023, 00:00 AM

Delay brokerage regulations till June

The DSE Brokers Association of Bangladesh (DBA) has urged the government to put the formulation of a Stock Dealer, Stock Broker and Authorized Representative Regulations, 2023 on hold until June next year.
15 November 2023, 18:00 PM

$100 million RMG work orders postponed for unrest: BGMEA

The damage took place in the last three weeks
15 November 2023, 16:18 PM

Lentils, soybean oil being purchased for OMS

50 lakh litres of soybean oil, 27,000 tonnes of lentils will be bought
15 November 2023, 15:21 PM

Summit buys 2,000 towers from Banglalink for Tk 1,100cr

The two have already signed a $100 million deal
15 November 2023, 14:52 PM