Govt plans smaller rise in next ADP

The government plans to increase its development spending slightly in the upcoming fiscal year due to the narrow fiscal space, the dollar crisis, the conditions attached to the IMF’s loan programme, and higher expenses on subsidies and interest payments. 
5 May 2023, 02:30 AM

bKash app adds new features

bKash recently added new features named “Auto Pay”, “Balance Hide Option” and “View Charges in Statement” to its app.
4 May 2023, 18:00 PM

Most commodity prices post gains globally in April

Energy prices increased 5.7 per cent globally in April, led by a 7.8 per cent hike in crude oil prices and a 3.8 per cent spike in coal prices, the World Bank’s Pink sheet reported.
4 May 2023, 18:00 PM

Shasha Denims posts steep decline in profit

Shasha Denims Limited suffered a 94.5 per cent year-on-year decline in profit to Tk 42.31 lakh in the third quarter of the ongoing financial year.    
4 May 2023, 18:00 PM

Is AI destroying the education system?

While studying the prospects of a digital university, I met one of our finest vice-chancellors who have the vision to launch a true digital university. During our discussion,
4 May 2023, 18:00 PM

Dominage Steel’s profit plunges 88% in Q3

Dominage Steel Building Systems Limited’s profit declined more than 88 per cent year-on-year to Tk 20.52 lakh in the third quarter of the current financial year.
4 May 2023, 18:00 PM

15 banks account for two-thirds of total CSR spending

One-fourth of the 61 banks in Bangladesh accounted for 72 per cent of the total Tk 1,129 crore spending on Corporate Social Responsibilities (CSR) in 2022, according to a Bangladesh Bank report released last week.
4 May 2023, 18:00 PM

Mobile subscriber numbers grow for 3rd straight month

Mobile subscriber numbers witnessed a solid growth in March, thanks to a strong performance by all but state-owned operator Teletalk. 
4 May 2023, 03:30 AM

Bangladesh retains second position in RMG export to EU

Bangladesh retained second position in apparel shipments to the European Union (EU) in the first two months of the current year with a 22.75 per cent share of the trade bloc’s overall garment imports, according to data from EUROSTAT.
4 May 2023, 03:00 AM

Uttara Finance officials yet to face the music for Tk 5,100cr scam

Uttara Finance Ltd is yet to take any major steps against the officials allegedly involved in the Tk 5,100 crore scam unearthed by the Bangladesh Bank although four months have passed since the central bank directed it to bring the culprits to the book.
4 May 2023, 02:30 AM

Inflation falls but still at an elevated level

Inflation in Bangladesh fell slightly to 9.24 per cent in April, driven by a decline in food prices, although it still remains at an elevated level compared to historic trends, official figures showed yesterday.
4 May 2023, 02:00 AM

All major sectors except RMG suffer export drop in Jul-Apr

Two major sectors -- garments, leather and leather products -- had recorded growth in export until March of the current fiscal year 2022-23 while other major sectors suffered a downturn.
3 May 2023, 18:00 PM

Chevron Bangladesh MD discusses energy security with PM

Chevron has a long-standing partnership with Bangladesh over energy security and is committed to working with the people and government to support the journey to Vision 2041, said Eric M Walker, president and country manager of Chevron Bangladesh, on Tuesday. 
3 May 2023, 18:00 PM

BIWTC gets new chairman

Additional secretary to the shipping ministry SM Ferdous Alam has been appointed chairman of Bangladesh Inland Water Transport Corporation (BIWTC) recently. 
3 May 2023, 18:00 PM

Edible Oil: Already dearer after price hike proposal

Wholesale and retail prices of edible oil in Dhaka and Chattogram have started rising since the end of last month when refiners proposed that the government increase the rates. 
3 May 2023, 18:00 PM

New record in e-GP tender opening

A new record was set yesterday over the number of tenders opened in a day in the electronic government procurement (e-GP) system.  
3 May 2023, 18:00 PM

Margin loan rules for stocks eased further

The Bangladesh Securities and Exchange Commission (BSEC) has further relaxed the conditions related to securing margin loans for buying stocks in a bid to boost the country’s ailing capital market.
3 May 2023, 18:00 PM

Importance of business ethics

Businesses are set up to make a profit. We all understand that. But to what extent that profit would be made?
3 May 2023, 04:00 AM

A village known for its bitter gourd

The Parer Tong village in Ashidron union under Sreemangal upazila of Moulvibazar is widely known as Korola’r Gram, or bitter gourd village, by vegetable wholesalers and traders all over Bangladesh.
3 May 2023, 03:30 AM

Sugar prices soar for supply shortage

Sugar prices have risen at wholesale and retail markets in Dhaka and Chattogram due to an ongoing supply crunch.
3 May 2023, 03:00 AM