Investments

Investments

RMG exports grew moderately in 2024 despite headwinds

In spite of turbulent times prevailing both at home and abroad, garment exports from Bangladesh grew in 2024 by 7.23 percent year-on-year to $38.48 billion, according to the Export Promotion Bureau (EPB)..This is due to an increasing demand for clothing with the fall of inflation in major

1d ago

High prices, freight costs take a toll on vegetable exports

The exports of fresh vegetables decreased 57.93 percent year-on-year in the first six months of the current fiscal year, official figures showed..Vegetables fetched $70.36 million in the July-December period of fiscal year 2023-24, and in the same period of fiscal year 2024-25 it was $29.6

1d ago

Renata ships first batch of psychiatric disorder medicines to US

The tablet, Risperidone, is locally marketed as Sperid

1d ago

Stocks rebound riding on large-cap shares

The benchmark index of the Dhaka bourse rose 0.65% today

1d ago

Dhaka stocks fall for second day

Technical glitch delays day’s stock trading at the DSE by 1.5 hours

2d ago

Engine oil sales double in 5 years

Annual sales of engine oil in Bangladesh more than doubled to Tk 8,000 crore in 2024 from Tk 3,616 crore five years ago, driven by higher prices, increased mobility, industrial growth and overall economic activities..And the sector is expected to clock more growth in the coming years, indu

3d ago

First Security’s MD sent on leave for loan irregularities

An internal audit found Syed Waseque Md Ali’s involvement in loan irregularities with S Alam’s companies

3d ago

NBR’s national single window launched for simpler trade procedures

Seven out of 19 customs agencies have been integrated

5d ago

Prime Leaf Processing Company to Invest $8.84 Million in Bepza EZ

The factory will create 100 jobs and produce 36,000 tonnes of tobacco products annually

5d ago

LC margin lowered for motorcars import

The LC margin can be set up based on the banker-customer relationship

5d ago

Stocks begin 2025 with modest gains

The stock market in Bangladesh began the new year on a positive note, with major indices showing an uptick on the first trading day of 2025..The DSEX, the broad index of the Dhaka Stock Exchange (DSE), rose by 0.03 percent to close at 5,218 points, marking a fourth consecutive day of gains

6d ago

Taskforce led by Bida formed for semiconductor sector

Bida executive chairman will head the 13-member taskforce

6d ago

EPL (Export Link) Accessories will invest $8 million in Bepza EZ

The company will produce foam, carton, ploy, gum tape

6d ago

Experts divided over importance of SMP for telecom competition

Experts are divided over the implementation of significant market player (SMP) guidelines in the telecommunications sector..Some argue that broad implementation is essential for fair competition and investment, while others believe expanding network coverage and creating value for customer

6d ago

2024: A year of economic turmoil and transformation for Bangladesh

The year 2024 stands out as one of the most eventful and challenging periods in Bangladesh’s economic history. The nation grappled with an unprecedented banking crisis, soaring inflation, and several persistent macroeconomic challenges. These included low foreign exchange reserves, high youth un

1w ago

BFIU seeks bank account details of 12 journalists

The Bangladesh Financial Intelligence Unit has requested information on the bank accounts of 12 journalists within three working days. 

1w ago

Robi gets acting CEO, as Rajeev Sethi moves to a new role within Axiata

Riyaaz Rasheed, current CFO, will be the acting CEO with effect from February 1 of 2025

1w ago

Water transport strike disrupted supply chain

Inland water transport is still one of the major modes of cargo transportation in Bangladesh, a country crisscrossed by hundreds of rivers..Take the instance of transportation of cargo imported through the country’s premier seaport of Chattogram..Over 60 percent of the 10 crore tonne

1w ago