Kazi Badam to invest $17.22m in Bepza EZ

Kazi Badam Ltd, a concern of Kazi Farms Group, will set up a factory to process cashew nut in Bepza Economic Zone inside Bangabandhu Sheikh Mujib Shilpa Nagar, Chattogram.
28 May 2023, 18:00 PM

India may harvest record wheat in 2023

India is likely to harvest a record 112.7 million tonnes of wheat in 2023, the farm ministry said on Thursday, reiterating its previous estimate of 112.2 million tonnes despite lower crop yields due to unseasonal rains in February and March.
28 May 2023, 18:00 PM

Associated Oxygen posts 13% higher profit

Associated Oxygen Limited posted a 13 per cent year-on-year increase in profit to Tk 5.71 crore in the third quarter of the current financial year.
28 May 2023, 18:00 PM

NBR to engage agents to help people file tax returns

The tax authority, for the first time, is going to engage individuals to help new taxpayers file tax return in a bid to increase compliance and narrow the gap between registered taxpayers and regular return filers. 
28 May 2023, 18:00 PM

‘Provide social security to urban poor’

The government should increase budgetary allocations and take fresh initiatives for the urban poor under the national social safety net programmes, according to experts. 
28 May 2023, 18:00 PM

E-commerce to accelerate in years ahead

The growth of the e-commerce market in Bangladesh is set to accelerate in coming years as the platforms are becoming more efficient with the help of the data they mined over the years, experts said yesterday.
28 May 2023, 18:00 PM

More govt steps needed to manage inflation: MCCI

The government needs to take more steps to bring stability in the foreign exchange reserve, manage inflation, enhance revenue earnings, ensure proper electricity and gas supply for economic activities and expand social safety net programmes. 
28 May 2023, 18:00 PM

Aviation sector to grow 3 times in 15 yrs: state minister

State Minister for Civil Aviation Md Mahbub Ali yesterday said Bangladesh’s growth in the aviation sector will be three times in the next 15 years.
28 May 2023, 18:00 PM

Washington, Tokyo vow closer chip cooperation

The United States and Japan will deepen cooperation in the research and development of advanced chips and other technologies, they said on Friday, the latest sign of the two allies strengthening ties in semiconductors.
28 May 2023, 18:00 PM

SMAC IT launches software ‘ProFund’ to manage provident fund

SMAC IT Limited (SIL), a software development company, yesterday launched a provident fund management software “ProFund” as its latest product innovation in the finance management sector.
28 May 2023, 18:00 PM

Bangladesh Group of IABSE organises a seminar

Bangladesh Group of the International Association for Bridge and Structural Engineering (IABSE) organised a seminar highlighting the different challenges of implementing mega infrastructure projects during the pandemic situation.
28 May 2023, 18:00 PM

StanChart, JBCCI, JCIAD, and JETRO to help accelerate Japan-Bangladesh partnership

All should work towards accelerating Japan-Bangladesh strategic partnership so that it will deepen economic cooperation, leverage the decades-long friendship and fuel growth between the two nations, according to speakers at a discussion.   
28 May 2023, 18:00 PM

Indo-Bangla Pharma suffers 91.65% drop in profit

Indo-Bangla Pharma-ceuticals Limited suffered a 91.65 per cent dip in profit to Tk 11.62 lakh in the third quarter of the current financial year.   
28 May 2023, 18:00 PM

Crown Cement in Tk 764cr expansion

Crown Cement PLC is going to increase its annual production capacity by 40 per cent this year by establishing its sixth manufacturing facility, which will turn it into the country’s fourth largest cement manufacturer. 
27 May 2023, 18:00 PM

Premier Cement to get Tk 350cr loan from Idcol

Premier Cement PLC will get a Tk 350 crore long-term loan for expanding production at two new units.
27 May 2023, 18:00 PM

FY23 budget was a disappointment

The national budget for the current fiscal year has been a disappointment as it did not address the macroeconomic crisis emanating from the joint impacts of global inflationary pressure and Russia’s invasion of Ukraine.
27 May 2023, 18:00 PM

CPD raises flag over US turning into top remittance source

The Centre for Policy Dialogue (CPD) yesterday raised the flag over the US replacing Saudi Arabia to become Bangladesh’s foremost source of remittance in the July-April period of the current fiscal year.  
27 May 2023, 18:00 PM

Oil prices rise

Oil prices ticked up on Friday as US officials appeared close to striking a debt-ceiling deal, and as the market weighed conflicting messages on supply from Russia and Saudi Arabia ahead of the next Opec+ policy meeting.
27 May 2023, 18:00 PM

Women should participate more in internet governance

Female representation in the decision-making processes related to the internet is crucial for addressing the digital divide in Bangladesh, experts said yesterday.
27 May 2023, 18:00 PM

Next budget not aimed at pleasing IMF: Mannan

The upcoming budget will not be aimed at pleasing the International Monetary Fund (IMF), said Planning Minister MA Mannan yesterday.
27 May 2023, 18:00 PM