Stock keep falling amid wait for earnings disclosures

Stock market indexes in Bangladesh extended its losing streak for the second consecutive day yesterday as cautious investors opted to wait for corporate earnings disclosures before making significant trades..The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went down by 30.1
17 September 2024, 18:00 PM

To strengthen business ties, Europe-Bangladesh chamber due in Dhaka Sept 20

A delegation of the Europe-Bangladesh Federation of Commerce and Industry (EBFCI), led by its president Wali Tasar Uddin, will be visiting Bangladesh for eight days with the vision of “Developing a New Era of Partnership between the UK, EU and Bangladesh” from September 20 to October 5..Th
17 September 2024, 11:30 AM

Dhaka’s importers still facing long waits to get goods from Ctg port

It has been nearly a month that an automobile dealer has been waiting for a container loaded with reconditioned parts to reach the inland container depot (ICD) at Kamalapur, Dhaka from the Chattogram port over railway..The parts, imported by M/s Partsco Automobiles of Munshiganj’s Sirajdik
15 September 2024, 15:37 PM

Most factories in Ashulia reopen as law and order improves, 20 remain closed

Most factories in the Ashulia area resumed operations today, while 20 factories remain shut in the Ashulia Industrial area, police said. 
15 September 2024, 05:29 AM

Onion turns Tk 5 cheaper here as India relaxes export rules

Prices of Indian onion are dropping in Bangladesh, as the neighbouring country on Friday withdrew the restriction of “minimum export price” at $550 per tonne and slashed export duty to 20 percent from 40 percent.
14 September 2024, 18:43 PM

Pathao raises $12 million in foreign funds

Pathao has raised $12 million in a pre-series B funding round as part of the company’s strategic shift towards fintech
14 September 2024, 09:06 AM

Most factories reopen in Ashulia, 49 still shut

36 factories are indefinitely closed under the 'no work no pay' provision of labour law. Some 13 factories have declared general holidays
14 September 2024, 05:52 AM

Stocks end week with mixed performance

The share market in Bangladesh ended the week with a mixed performance as the Dhaka Stock Exchange (DSE) extended its gaining streak while the Chittagong Stock Exchange (CSE) witnessed a downward trend yesterday..However, investors and industry people voiced optimism about the return of go
12 September 2024, 18:00 PM

39 brands honoured for sustainability efforts

Some 39 sustainable brand initiatives were awarded in the 2nd SDG Brand Champion Awards 2024, organised by AkijBashir Group in association with Intellier and The Daily Star, at the Le Méridien Dhaka on Tuesday.
11 September 2024, 14:37 PM

Sayed Ali appointed as e-CAB administrator 

The government has appointed Md Sayed Ali, deputy secretary of the central digital cell under the Ministry of Commerce, as the E-Commerce Association of Bangladesh (e-CAB) administrator
11 September 2024, 11:24 AM

Government appoints administrator to FBCCI 

The government appointed an administrator to the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), following the resignation of its president amid protests
11 September 2024, 09:06 AM

More R&D needed to boost sustainable production: experts

Sustainability has become a mainstream issue for businesses across the globe, so Bangladesh should also invest in researching and developing innovative technology to help local companies embrace it in their core strategies, according to analysts.
10 September 2024, 18:30 PM

Import fertilisers, petrochemicals from Egypt

Egypt wants Bangladesh to import petrochemicals and fertilisers from the Northeast African country, said Omar Mohie Eldin Ahmed Fahmy, ambassador of Egypt to Bangladesh.
10 September 2024, 14:30 PM

Chinese firm to invest $50m in Bepza EZ

China-based Home Joy Socks Bangladesh Company Limited signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) recently to set up a sock and garment manufacturing factory in Bepza Economic Zone with an investment of $50 million.
10 September 2024, 13:45 PM

NBR asks officials to come to office on time

The National Board of Revenue (NBR) has asked the officials of its income tax wing to be at office ahead of the 9:00am reporting time.
9 September 2024, 18:30 PM

Edible oil prices rise on global hike: traders

Loose and bottled soybean oil have become costlier in Bangladesh due to price hikes in the global market amid a supply shortage of the key cooking ingredient, according to traders.
9 September 2024, 18:00 PM

YiXin Bangladesh to invest $7.45m in Bepza EZ

YiXin Bangladesh, a Chinese company in Bangladesh, will set up a footwear accessories manufacturing factory in the Bepza Economic Zone with an investment of $7.45 million..The company has set a target to annually produce 10 million pairs of footwear materials. The investment will create em
8 September 2024, 11:36 AM

No limit on cash withdrawals from tomorrow

Bangladesh Bank (BB) has lifted a limit on cash withdrawals from banks in view of overall improvements in law and order.
7 September 2024, 15:21 PM

Bangladesh, Vietnam overtake India in low-cost manufacturing: WB

India’s share in global trade has not kept up with its fast-growing economy, as Vietnam and Bangladesh have surpassed the country as low-cost manufacturing and export hubs, according to a recent report of World Bank (WB)..Despite India’s rapid economic growth, the proportion of trade in go
7 September 2024, 14:50 PM

Market monitoring should protect consumers, producers alike

The interests of both consumers and producers of goods, including essential food commodities, need to be kept in mind during market monitoring, said Salehuddin Ahmed, finance and commerce adviser to the interim government, yesterday..While there will be regular market monitoring to prevent
7 September 2024, 14:25 PM