Defying guidelines, NTTN operators yet to go public
Five of the six operators of Nationwide Telecommunication Transmission Network (NTTN) have not gone public despite being mandated to float shares on the stock market several years ago.
30 October 2024, 18:00 PM
Govt borrowing from banks rises as unrest hits tax collection
The government’s net borrowing from the banking system rose in the first two and half months of the current fiscal year in the face of falling tax collection and surging foreign debt servicing costs, raising concerns of a crowding out effect on private credit.
23 October 2024, 18:00 PM
Ban on polythene bags a boon for eco-friendly sack makers
Until early September this year, Mahfuza Begum’s Surzu Handicrafts was making eco-friendly, lightweight and reusable net shopping bags out of jute and cotton for a handful of buyers.
15 October 2024, 18:00 PM
Ban on plastic bags a boon for eco-friendly sacks
Availability of raw materials now a challenge
15 October 2024, 16:35 PM
Food inflation above 10% for half a year, why?
Experts say raising policy rate would have little impact on lowering food prices
13 October 2024, 14:24 PM
Why is Hilsa costlier despite increased harvest?
Hilsa remains dearer, although annual production of the most sought-after fish in Bangladesh has increased for the last several years.
11 October 2024, 18:00 PM
Of Hilsa and its hunters
On the corner of a crowded and noisy floor, a bespectacled man was calling out bids for a basket of Hilsa fish. He repeated the prices quoted by traders in a loud, rhythmic tone: “1,400-1,420-1,450…”
11 October 2024, 18:00 PM
No respite for jute goods makers from export fall
Bangladesh’s exports of jute and jute goods have been falling continuously as many buyers have switched to synthetic and regenerated cotton yarn due to high prices of the golden fibre in the domestic market.
10 October 2024, 18:00 PM
Bangladesh’s rice output crosses 4cr tonnes for the first time
For the first time, Bangladesh has bagged more than 4 crore tonnes of rice in a fiscal year (FY) thanks to increasing yields of the most grown crop, according to official data.
9 October 2024, 18:00 PM
Bangladesh's rice output crosses 4cr tonnes for the first time
For the first time, Bangladesh has bagged more than 4 crore tonnes of rice in a fiscal year (FY) thanks to increasing yields of the most grown crop, according to official data.
9 October 2024, 16:18 PM
Banks mostly gave loans to their owners rather than creditworthy borrowers
Bangladesh’s banking sector was not well-managed in recent years. Banks mostly gave loans to their owners, rather than to creditworthy entities. Consequently, several banks are now in difficulty.
6 October 2024, 18:00 PM
An economic corridor that quietly fuels growth
At the turn of the millennium, travelling by road between Sylhet and Dhaka felt akin to a trek across rugged terrain. One would have to awkwardly traverse bumps along narrow and winding paths for upwards of 10 hours to make the trip either way.
4 October 2024, 18:00 PM
Bank Asia puts Deshbandhu Sugar’s collateral on auction
The lender invited bids from interested buyers for properties mortgaged by the company in the capital's Uttarkhan, Uttara Residential Model Town and Bashundhara.
19 September 2024, 15:04 PM
Workers’ demands are not unjust
The workers’ demands are logical so owners should sit together to address this and restore stability to the garment industry, the country’s largest export-earner, said Kalpona Akter, president of Bangladesh Garment & Industrial Workers Federation.
14 September 2024, 18:00 PM
Govt may miss Aman acreage target
Bangladesh may miss its target for cultivation of the Aman rice, the second biggest rice crop, this year as farmers in the eastern districts are unlikely to transplant the seedlings again in fields that were washed away by last month’s devastating flood.
12 September 2024, 18:00 PM
Interest rate spread rises to highest level since 2003
The spread between interest rates on deposits and loans rose to 6.03 percent, the highest in two decades, indicating that banks are making money at the expense of depositors and borrowers.
7 September 2024, 18:00 PM
A regime of crony capitalists
When the Awami League (AL) announced its manifesto with the slogan ‘Charter for Change’ ahead of the general elections in 2008, it drew applause from various sections of society
6 September 2024, 18:00 PM
Floods to affect rice acreage, production
Rice acreage and production in Bangladesh are likely to decline because of recent floods, which would affect paddy of the Aus and Aman seasons, said the US Department of Agriculture (USDA) at the end of last week.
4 September 2024, 18:00 PM
Sugar imports slump amid illegal influx
Bangladesh’s sugar imports fell sharply in fiscal year 2023-24 as refiners stayed away from placing orders to foreign buyers in the face of an illegal influx of the sweetener through the borders.
1 September 2024, 18:00 PM
Exports fell in FY24 for lower woven, knitwear shipments
Bangladesh’s overall exports fell 4.34 percent year-on-year in FY24 due to lower shipments of ready made garments (RMG), reflecting sluggishness in industrial activities and the economy.
28 August 2024, 18:00 PM