Companies that win gold in govt’s export trophies

The government yesterday named the winners of the National Export Trophy for fiscal 2021-22.

Summit plans to use Bangladesh as transit point to supply bandwidth to northeast India

The telecom regulator has sought consent from the government after Summit Communications Ltd applied to use Bangladesh as a transit point to supply bandwidth to the northeastern states of India.

Green Delta’s full-year profit drops on high expenses

Green Delta Insurance Ltd reported that its profit declined 16 percent year-on-year in 2023 and recommended a 25 percent cash dividend

AI frenzy puts Nvidia briefly ahead of Amazon in market value

At a record high of $734.96, Nvidia was worth $1.82 trillion in market value, compared to $1.81 trillion for retail giant

LankaBangla Finance to issue Tk 300 crore bond

LankaBangla Finance PLC today said its board has approved the issuance of a zero-coupon bond to raise Tk 300 crore

Financial account deficit narrows slightly

The deficit in the financial account narrowed slightly in July-December of the current financial year, highlighting an easing of stress facing Bangladesh, central bank figures showed yesterday.

Uber, Lyft, DoorDash drivers to strike on Valentine's Day for fair pay

Drivers of Uber, Lyft and food delivery app DoorDash are expected to go on strike across the United States on Valentine's Day for fair pay

Defaulted loans soar 20.7pc in 2023

The banking sector’s defaulted loans soared 20.7 percent to Tk 145,633 crore in 2023 as both governance and accountability continue to get looser.

Tk 300cr project on the cards to train freelancers

The objective of the project is to make them eligible to earn foreign currency through freelancing



Bangladesh revises plans to cut export aid

The new cash incentive on export receipts became effective from February 1 instead of the first day of January as announced earlier while some markets and products have been brought back under the facility following pleas from the business community.

9h ago

NBR chief blasts abusers of duty benefits

National Board of Revenue (NBR) Chairman Abu Hena Rahmatul Muneem yesterday said they provide duty benefits to industries after careful consideration as a section of dishonest businesses abuse such privileges, causing tax losses for the state.

10h ago

Initial signs imply economy is recovering

The government is reviewing the total economic situation of the country as it seems that the economy is improving as per preliminary symptoms, Finance Minister Abul Hassan Mahmood Ali told parliament yesterday.

17h ago

Mongla yet to become a port of choice among businesses

Mongla Port, which was expected to get a new lease on life due to the increasing flow of imported and exported goods after the opening of the Padma Bridge, is yet to become a port of choice among businesses.

18h ago

Swadesh Islami Life’s registration suspended over scam

Around a month past most of its directors being relieved of their duties over the alleged embezzlement of a fixed deposit and violation of the insurance act, Swadesh Islami Life Insurance Company has now had its registration suspended for three months

19h ago

HC wants decision on 400 garments’ right to be BGMEA voters in 7 days

BGMEA election is scheduled to be held on March 9

19h ago

Four new products set to get GI status

The Department of Patents, Designs and Trademarks (DPDT) today published journals approving four products with geographical indication (GI) status.

19h ago

Govt names export trophy winners of FY22

The government yesterday named the winners of the National Export Trophy for fiscal 2021-22, with Rifat Garments Ltd set to receive the highest award, the Bangabandhu Sheikh Mujib Export Trophy.

19h ago
Global Economy

Global Economy

Bitcoin breaks $50,000 for first time since 2021

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand

6h ago

IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping through the Red Sea pose threats to the global economy.

19h ago

Ctg Int'l Trade Fair begins Thursday

It will be the 31st edition of the monthlong show

21h ago

RMG exporters demand earlier level of cash incentive

They also sought policy support

1w ago

EU wants to invest more in Bangladesh

EU Ambassador Charles Whiteley meets Finance Minister Abul Hassan Mahmood Ali

1w ago

Exports rebound with 11.45% rise in January

However, the amount, $5.72b, is 0.69% lower than the monthly target

1w ago

Bangladeshi vessels start avoiding Red Sea amid rising tension

Govt guidelines issued for ships using the route

1w ago

Remittance rises in January, highest in seven months

Migrant workers sent home $2.1 billion in January

1w ago
Organisation News

Organisation News

Bright Ceramics holds business meet

Bright Ceramics, a subsidiary of DBL Group, has organised a “Business Meet”, titled “First Step Towards Success”, at Dhaka Club today.

19h ago

Partex Cables holds dealer conference

Partex Cables, a cable business company in Bangladesh and concern of Partex Star Group, recently organised a dealer conference at the Radisson Blu Dhaka Water Garden.

1d ago

BMCCI inks MoU with PBI to enhance investment access for members

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) recently signed a memorandum of understanding with Prime Bank Investment Ltd (PBIL).

1d ago

Palak unveils Walton’s new smartphone model, storage device

Walton recently launched a new smartphone model, named “NexG N72”, and a solid-state drive (SSD) at its headquarters at Chandra in Gazipur.

1d ago

Experts for a regional alliance of South Asian airlines

Aviation experts and top officials of different airlines yesterday stressed the need to form a regional alliance among South Asian airlines to sustain against the competition of global mega airlines, stretch their market share, and increase customer satisfaction.

2d ago

RFL Footwear looks to raise non-leather exports to Africa

RFL Footwear, a concern of PRAN-RFL Group, wants to expand its non-leather footwear business in African markets.

2d ago

LankaBangla Finance signs deal with Premier Bank

LankaBangla Finance introduced convenient BEFTN (Bangladesh Electronic Fund Transfer Network) services for its credit cardholders to help them pay credit card bills with ease.

2d ago

Alliance Finance donates to SAJIDA Foundation for children's education

Alliance Finance has donated to SAJIDA Foundation to support extremely poor schoolchildren access education under SAJIDA’s Urban Development Initiative (SUDIN) as part of its corporate social responsibility.

2d ago
Business Multimedia

Business Multimedia

Potato price shoots up

The price of potatoes has begun an upward climb in the market

92 thousand crores or more siphoned out in 15 years?

Based on the compilation of media reports on bank scams between 2008 and 2023, CPD said as much as 92 thousand crores of taka have been siphoned out of the banking sector in the last fifteen years

Is Bangladesh going towards a deep economic crisis?

How can Bangladesh avoid the economic crisis to deepen further?

Who will benefit from WTO's duty benefit extension?

What are WTO’s duty-free benefits?

How can Bangladesh resolve economic, political problems?

Why is Bangladesh facing economic problems? Why did the country fail to follow the IMF's loan conditions? What are the remedies?

UCB gets new AMD, DMD

United Commercial Bank (UCB) has recently promoted two officials to the posts of additional managing director (AMD) and deputy managing director (DMD).

19h ago

BASIC Bank holds managers' conference

BASIC Bank recently organised a “Managers’ Conference-2024” at the BCS Administration Academy auditorium in the capital’s Shahbagh.

19h ago

Al-Arafah Islami Bank opens new branch in Sunamganj

Al-Arafah Islami Bank has opened a new branch, which is the 216th branch of the bank, at Gobindaganj in Chhatak upazila of Sunamganj today.

19h ago

Mercantile Bank distributes power tillers among farmers

Mercantile Bank recently distributed 10 power tillers among farmers of Faridganj area of Chandpur district from the special CSR fund of the bank.

19h ago

Islami Bank organises workshop on prevention of money laundering

Islami Bank Bangladesh recently organised an “Agent Banking Business Development Conference-2024” and a workshop on “Prevention of Money Laundering & Terrorist Financing” for Noakhali zone at an auditorium in Feni.

19h ago

Trust Bank, bKash ink deal on corporate payment solutions

Trust Bank recently signed an agreement with bKash for online payment solutions with host-to-host connectivity through the bank’s corporate payment portal.

19h ago

DSE launches disclosure submission system

The Dhaka bourse introduced the Smart Submission System of DSE today

20h ago

Economy under review to assess overall situation: Mahmood Ali

The government is reviewing the economy of the country to assess the overall situation, Finance Minister Abul Hassan Mahmood Ali told parliament today.

21h ago

Key DSE index declines after 11 days

Shares on the Dhaka Stock Exchange (DSE) declined today, snapping an 11-day rising streak, amid lower participation of traders.

23h ago

Bad loan ratio rises to 9% in 2023 

The default loan ratio in the banking sector of Bangladesh rose to 9 percent in 2023 from 8.16 percent a year ago

23h ago
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