How long can fixed-income groups cope with higher inflation?
The cost-of-living crisis has kept stressing out fixed and lower-middle-income groups in Bangladesh as inflation has persisted at elevated levels while their salaries and incomes have seen little upward adjustments.
6 October 2023, 01:00 AM
Tea gardens seeing fresh investment
The jump in consumption of tea, once a preserve of the elite, brought about by the rise in people’s purchasing power over the past decade has presented tea garden owners with a renewed and compelling business case.
15 August 2023, 18:00 PM
Nippon Paint eyes top spot in Bangladesh’s paint market
Nippon Paint Bangladesh, a concern of Nippon Paint Holdings of Japan, has drawn up a strategy to be a leader in the growing paints and coatings industry in Bangladesh, said a top official.
8 August 2023, 18:00 PM
Why meat prices rising despite surplus production
While the Department of Livestock Services (DLS) estimates a surplus of meat production in the country, prices of all – be it chicken meat, mutton or beef -- have risen, raising questions about the authenticity of production and demand estimates.
7 August 2023, 18:00 PM
Beef prices stay the same despite promises
Beef is still selling at the going market rate of Tk 750 to Tk 800 per kilogramme (kg) in Dhaka even though the Bangladesh Dairy Farmers’ Association (BDFA) recently reduced the price by Tk 50.
6 August 2023, 00:00 AM
Beef prices stay the same despite promises
Beef is still selling at the going market rate of Tk 750 to Tk 800 per kg in Dhaka even though the Bangladesh Dairy Farmers’ Association (BDFA) recently reduced the price by Tk 50
5 August 2023, 16:03 PM
Elevating Bangladesh’s Banking Sector on the Global Stage
The Asiamoney Awards, like the Euromoney Awards, are highly regarded in the global banking sector due to their unbiased, independent, and rigorous selection process in recognizing prestigious accolades.
30 July 2023, 18:00 PM
No amnesty for black money stashed abroad from FY24
The unquestioned amnesty to bring back money stashed abroad is not going to continue in 2023-24 fiscal year, which begins in July.
1 June 2023, 17:34 PM
FY23: A year of price shocks
Just a year ago, Aminur Rahman, a private sector employee living in Dhaka, could buy a moderate amount of essential goods, including rice, soybean oil, onions, salt and eggs, at Tk 553 from stores in Dhaka city
31 May 2023, 02:00 AM
The power of real estate
Bangladesh is an emerging economy that will soon step into the trillion-dollar segment with real estate set to play an integral role in this transformation, according to industry people.
30 May 2023, 18:00 PM
Eid tourism undaunted by higher costs, heatwave
Travellers were undeterred by the ongoing heatwave or higher accommodation and transport costs as tourist destinations across Bangladesh were bustling with activity during the recent holiday centring Eid-ul-Fitr.
30 April 2023, 03:30 AM
Retailers’ Eid sales fall short of expectations
Businesses across the country had mixed bag of reactions when asked about their sales prior to the just-concluded Eid-ul-Fitr on April 22, with many blaming an inflation-induced rise in the cost of living and a heatwave taking a toll on shoppers.
28 April 2023, 03:00 AM
North to see its largest private hospital
A 1,000-bed private hospital will be set up in the northern district of Panchagarh at an estimated cost of Tk 2,500 crore from “local and foreign investors” who seek to meet healthcare needs of locals and neighbouring countries’ citizens.
9 April 2023, 02:30 AM
Consumers bracing for further belt-tightening
Prices of groceries which witness peak demand during Ramadan, the holy month of fasting for Muslims, have swelled significantly year-on-year owing to hikes in import and transportation costs alongside the value of dollar.
22 March 2023, 02:30 AM
Grasshopper Group brings fire-resistant glass to market
Grasshopper Group of Companies (GGC), a diversified business group in Bangladesh, has brought fire-resistant glass to the local market.
28 January 2023, 18:00 PM
In search of cheaper homes
When SM Laizur Rahman got a notice from his landlord saying that his flat’s monthly rent would go up by Tk 3,000 starting next January, he could not believe it.
22 November 2022, 01:05 AM
Jersey sales surge as football fever grips fans
Jersey sales have surged in Bangladesh despite the cost-of-living crisis as fans are gearing up to watch the FIFA World Cup 2022 in style.
21 November 2022, 02:30 AM
Raging inflation chokes FIXED-INCOME GROUP
Bangladesh Bank data show deposit growth in the banking sector fell to 9.35 per cent in June this year from 13.80 per cent in June last year.
28 October 2022, 18:00 PM
World Cup jersey sales yet to gain momentum
Sales of football and cricket kits in markets across the country have started ahead of the biggest international competitions of the two sports which are set to mesmerise an ocean of fans and supporters all over the world.
16 October 2022, 03:00 AM
South Asia, Bangladesh talent factory
Unilever is operating in the South Asian markets of Sri Lanka, Pakistan, Bangladesh, India, and Nepal. And each of the markets, including Bangladesh, has talents who are very attractive.
11 September 2022, 03:10 AM