11 organisations to be recognised for developing textile sector 

Eleven organisations, including 10 trade bodies, will be awarded for their role in developing the textile sector, expanding textile education and increasing exports
26 February 2024, 08:54 AM

Currency swap to help banks facilitate imports

Small and medium enterprises (SMEs), as well as the rest of the economy, will benefit from banks’ increased capacity to support imports thanks to the newly launched currency swap, said Ashraf Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI).
25 February 2024, 01:30 AM

Rushed GI status raises questions over efficacy

In an unprecedented move, the Ministry of Industries in Bangladesh has issued preliminary approvals for 10 products to be awarded geographical indication (GI) status in a span of just eight days recently.
25 February 2024, 01:00 AM

Poverty, inequality, food insecurity rise in urban areas: Sanem

Sanem carried out a survey among 9,000 households countrywide in Oct-Nov of 2023
24 February 2024, 15:16 PM

Inflation edges up despite monetary tightening. Why?

Bangladesh's annual average inflation crept up to 9.59% last month, way above the central bank's revised target of 7.5% for the financial year ending in June
24 February 2024, 13:37 PM

Paramount Textile to raise Tk 250 crore

The company will issue a zero-coupon bond
24 February 2024, 12:18 PM

Suspicious transactions in banks

The number of suspicious transactions rose 65% year-on-year to 14,106 in FY23
24 February 2024, 12:03 PM

Rancon Motorbikes to raise Tk 150 crore thru zero-coupon bonds 

Rancon Motorbikes, the supplier of Suzuki-branded motorcycles in Bangladesh, is set to raise Tk 150 crore by issuing zero-coupon bonds
24 February 2024, 08:11 AM

Stocks end week higher

Turnover at the DSE rose nearly 13% to Tk 862 crore
22 February 2024, 10:39 AM

IDRA seeks govt support for insurance coverage expansion

IDRA has sought cooperation from ministries and public entities to expand insurance coverage for citizens and properties to reduce the risks of damage and losses.
22 February 2024, 05:44 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

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

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.
19 February 2024, 15:35 PM

Single month RMG export hits historic high

It hit $4.97 billion in January, posting a 12.45% year-on-year rise
19 February 2024, 14:51 PM