The leading chamber also re-elected its senior vice president and vice president
The medicine was manufactured at Renata’s Bangladesh factory approved by the US-FDA
Bangladesh’s synthetic and athletic footwear exports have been growing rapidly, emerging as a bright spot in the country’s export basket, which is heavily dominated by readymade garments.
The federal agency, tasked with developing the solar sector, wanted to know if the southeastern state of Andhra Pradesh would like to sign India's largest renewables contract.
The interest rate of the approved loan was fixed at the variable bank rate
Total turnover stood at Tk 155.53 crore.
Business leaders, economists and professionals have emphasised that an elected government is essential for restoring confidence in the business community, stabilising law and order, and revitalising the business and investment climate.
Chief Adviser Prof Muhammad Yunus yesterday admitted that the interim government has not yet been able to control inflation but expressed his belief that it would come down soon.
Bitcoin , the world's biggest and best known cryptocurrency, extended gains to a session high of $107,148
The National Board of Revenue (NBR) yesterday removed all import taxes on sunflower and canola oils in a bid to encourage imports, boost the supply of edible oil and curb their soaring prices in the domestic market.
Bangladesh has been exporting agro-processed foods for over three decades, but the sector has not grown much and still remains highly concentrated within a few countries where Bangladeshi diasporas are the primary buyers.
The Bangladesh Agro-Meteorological Information Service (BAMIS) has suggested farmers in Khulna, Barishal, Chattogram, Dhaka and Sylhet divisions to take measures to protect their in-field products as the areas could be hit by medium to heavy rainfall on December 20-22 this year.
The NBR extends 5% VAT benefit until March 31 next year
Bangladesh Poultry Association (BPA) has threatened to halt production of broiler chickens and eggs from January 1 if the interim government failed to address their demands, including curbing the influence of alleged corporate syndicates..Corporate entities are increasingly monopolising an
The Bangladesh Agro-Meteorological Information Service (BAMIS) made the recommendation by analysing data of Bangladesh Meteorological Department
New 17-member panel will work to produce globally-accepted data
Falls were limited, however, by concerns of supply disruptions in the event of more US sanctions on major suppliers Russia and Iran
Speaking alongside Trump, Son confirmed the investment company's financial commitment, adding that Trump's victory had "tremendously increased" his confidence in the US economy.
China will turn Washington’s technology weapons on its Asian neighbours in 2025. US curbs on imports of semiconductors and other goods have hobbled advances in artificial intelligence in the world’s second-largest economy. The People’s Republic is starting to retaliate. Its leverage over corporate giants in Japan and South Korea makes them prime hostage targets.
The US fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be extradited to stand trial anytime soon.
India is likely to produce a record amount of sugar in the next marketing year from October after millions of farmers expanded cane cultivation, encouraged by ample water supplies and declining prices of competing crops, farmers and industry officials told Reuters.
Oil futures eased from their highest levels in weeks as traders took profit while waiting for a Federal Reserve meeting later this week for clues on further rate cuts.
Adani, his nephew Sagar Adani, and another Adani Group executive were charged with securities fraud and conspiracy
Bitcoin , the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.2 percent to $104,462
The Fed is also tipped to signal a slower path of cuts going forward amid uncertainty over the impact of President-elect Donald Trump's economic proposals
Mobile financial service (MFS) provider bKash organised an annual seminar in Dhaka recently to boost the skills of employees engaged in anti-money laundering and combating financing of terrorism (AML&CFT) activities..The two-day long seminar brought together employees from the AML&CFT depa
The Bangladesh Export Processing Zones Authority (BEPZA) urged Chinese investors to come and explore the golden opportunity to invest in Bangladesh..Major General Abul Kalam Mohammad Ziaur Rahman, executive chairman of Bepza, made the request at a seminar in Ningbo, China yesterday, accord
Bangladesh Steel Re-Rolling Mills Limited (BSRM) declared a 35 percent cash dividend for the financial year 2023-2024..The announcement came at the company’s 62nd annual general meeting (AGM) held virtually yesterday, according to a press release..Alihussain Akberali, chairman of the
The Syngenta Foundation for Sustainable Agriculture changed its name to “SAF Bangladesh” recently..The company organised an event at a hotel in Dhaka where Mohammad Moshiur Rahman, chairman of the organisation, launched the new logo and name of the company, said a press release..Asif
SME Foundation has signed a three-year partnership agreement with Visa to support cottage, micro, small and medium-sized enterprises (CMSMEs) in Bangladesh..Anwar Hossain Chowdhury, managing director of the foundation, and Sabbir Ahmed, country manager for Bangladesh, Nepal and Bhutan at V
Unilever Bangladesh Limited (UBL), a leading fast-moving consumer goods company, staged the grand finale of the 15th edition of its flagship business competition, styled “BizMaestros”, in Dhaka recently..A team from the Institute of Business Administration (IBA) at the University of Dhaka,
There are 1.22 crore economic enterprises across the country, according to the Bangladesh Bureau of Statistics (BBS)..Among them, 76 lakh are business establishments and 46 lakh are economic units, the national statistics agency found during the primary mapping and listing work for the co
Walton received orders worth around Tk 350 crore from various local and foreign companies at the “Advanced Technology Solution-ATS Expo 2024”, the country’s sole industrial expo organised by tech-giant Walton..SM Mahbubul Alam, managing director of Walton Hi-Tech Industries, provided the d
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
Migrant Bangladeshis sent home $2.39 billion in October
The price of potatoes has begun an upward climb in the market
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
How can Bangladesh avoid the economic crisis to deepen further?
Retail sales expanded three percent year-on-year in November, the National Bureau of Statistics (NBS) said, slowing from a 4.8 percent rise in October that was its best reading in eight months.
Stocks in Bangladesh rebounded yesterday after lacklustre earnings disclosures from many listed companies for the first quarter of the fiscal year had seen the market trend down over the previous week. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 73.43 points, or 1
Starting from the pandemic in 2020, Bangladesh as a nation has gone through a number of incidents in the last five years followed by the Ukraine war, interest rate capping, dollar crisis, high inflation, sluggish GDP growth, banking sector exploitation, intense corruption in different layers and lastly the political changeover in August.
The Maddhapara Granite Mining Company Ltd (MGMCL) finds itself in a dire financial situation as its sales continue to plummet throughout the current year.
As Donald Trump steps up his tariff threats against China, Beijing is moving to beat the next US president to the punch with its own restrictions and get Washington to the negotiating table ahead of a full-blown trade war, analysts say.
The interim government has signed an agreement with Asian Infrastructure Investment Bank (AIIB) to avail a $158.89 million loan to implement a power transmission infrastructure project through Power Grid Bangladesh.
The Bangladesh Bank has raised the maximum age limit for people seeking entry-level positions in the banking sector to 32 years from 30 in line with an identical shift for public service positions.
The health ministry’s development spending has dropped substantially year-on-year in the first five months of the current fiscal year, despite the interim government’s move to raise its allocation in the revised budget.
Finance Adviser Salehuddin Ahmed said yesterday that inflation is not slowing despite tariffs being reduced on many goods due to the prevalence of extortion across the supply chain.
Over the past two years, real income reductions due to ongoing inflationary pressure have pushed at least 78 lakh people into poverty, shows the study by the Research and Policy Integration for Development (RAPID).
