Lavrov gives ‘rationale’ for Ukraine war

Russian Foreign Minister Sergei Lavrov explained why Russia “had to” start military intervention in Ukraine during his interaction with the Soviet Alumni Association, Bangladesh (SAAB) in Dhaka on Friday.
9 September 2023, 18:00 PM

SBAC Bank MD resigns

Habibur Rahman, managing director and CEO of South Bangla Agriculture and Commerce (SBAC) Bank, has resigned from his post citing personal reasons.
9 September 2023, 18:00 PM

Feature phone production doubles in July

Feature phone production has more than doubled month-on-month in July as consumers turn to more affordable alternatives to smartphones amid sustained high inflation.
8 September 2023, 00:00 AM

Apparel shipment to US plunges 20% in Jan-Jul

Bangladesh’s apparel shipments to the US declined 19.82 percent year-on-year in the January-July period this year in spite of a gradual improvement in retail sales.
8 September 2023, 00:00 AM

Private sector credit growth drops to single digit

The private sector credit growth in Bangladesh nosedived to single digit in July as both banks and borrowers face multiple challenges amid lingering economic uncertainty at home and abroad and the growing political crisis centring next year’s national elections.
8 September 2023, 00:00 AM

Commonwealth trade and investment forum from Sep 13

A two-day “Commonwealth trade and investment forum” (CTIF) will be held at InterContinental Dhaka from September 13. 
7 September 2023, 18:00 PM

BFIU worried over money laundering thru MFS platforms

Bangladesh Financial Intelligence Unit (BFIU) yesterday requested mobile financial service (MFS) providers to take necessary steps to stop illegal online gambling, gaming, and betting through such digital platforms. 
7 September 2023, 18:00 PM

Family business: echoes of a cracking tower!

Property disputes are nasty, but it is particularly distasteful when it follows the death of a parent. And this phenomenon of fighting over inheritance continues to be a part of human history, no matter which part of the world you are in.
7 September 2023, 18:00 PM

Tk 1,243cr LNG to be imported from spot market

The government yesterday approved two proposals seeking to buy 67.20 lakh tonnes of liquefied natural gas (LNG) worth Tk 1,243 crore from the international spot market to alleviate the energy shortage facing the economy.
7 September 2023, 18:00 PM

Tech park opens in Netrokona

The Metal Pvt Ltd, in association with Appropriate Scale Mechanisation Innovation Hub (ASMIH)-Bangladesh project of Bangladesh Agricultural University (BAU) and Single Shade Service Point (S3P), opened a technology park at Purbadhala in Netrokona on Wednesday. 
7 September 2023, 18:00 PM

‘Hyundai Exchange Fair’ at Banani Bidyaniketan Sep 15-16

Fair Technology, a concern of Fair Group and local distributor of Hyundai in Bangladesh, will organise a car exchange programme styled “Hyundai Exchange Fair” at Banani Bidyaniketan School and College on September 15-16.  
7 September 2023, 18:00 PM

Export of paper, paper products jumps 85%

The export of paper and paper products from Bangladesh rose 85 percent year-on-year in the first two months of fiscal 2023-24 as the country is grabbing a bigger share of the global market in face of reduced competition.
7 September 2023, 00:00 AM

Jewellery industry still depends on informal sources

The jewellery industry has apparently remained largely dependent on unauthorised channels for sourcing gold although there is no direct government bar on importing the precious metal. 
7 September 2023, 00:00 AM

Garment makers reducing reliance on imported fabrics

The import of woven fabrics declined by 25.97 percent in the first seven months of this calendar year, compared to the same period last year, as garment makers have brought down their reliance on imported products because of an increase in local production.
7 September 2023, 00:00 AM

Mahipur fish landing station lies idle

A fish landing station in the Mahipur area under the Kalapara upazila of Patuakhali remains unused although two years have passed since the facility was built at a cost of Tk 13 crore.
6 September 2023, 18:00 PM

Licences of 14 ISPs cancelled

Bangladesh Telecommunication Regulatory Commission (BTRC) recently cancelled the licences of 14 internet service providers (ISPs) after they failed to renew their licences within the specified time. 
6 September 2023, 18:00 PM

Digital literacy, awareness main focus

The primary role of bKash involves continuous efforts to promote digital literacy and educate individuals about the benefits of digital financial products. And with this, bKash plays a significant role in the digitalisation of Bangladesh. 
6 September 2023, 18:00 PM

Hog plum farmers log better business

River canals in the southern region of Bangladesh are packed with vendors that have seemingly built their dreams around the production of hog plums, locally known as ‘amra’.
6 September 2023, 00:00 AM

Corporates, poultry giants expand foothold in egg market

Bangladesh’s egg market used to be largely ruled by thousands of small retailers and wholesalers, but the composition of sellers has been changing for the past several years with the emergence of large corporates and poultry industry giants.
6 September 2023, 00:00 AM

More efforts needed to stabilise economy

More actions are needed to stabilise the foreign exchange reserve, ease inflation, enhance government revenue, ensure adequate fuel and power for industrial activities, and extend social safety net programmes in Bangladesh, according to a leading trade body.
5 September 2023, 18:00 PM