Agricultural, cereal, export prices up globally

Agricultural, cereal, and export price indices closed 3 per cent, 2 per cent, and 8 per cent higher respectively in the two weeks since April 6, World Bank’s Food Security Update showed. 
26 April 2023, 18:00 PM

Stock market investment tips for beginners

Investing in the capital market of Bangladesh is always tricky and requires better planning to achieve a positive return. Without a solid understanding of the market, it may be difficult to make a profit.
26 April 2023, 18:00 PM

Banks told to hold hybrid meetings to cut costs

Bangladesh Bank yesterday urged banks to hold hybrid meetings, connecting attendees either online or in person according to convenience, to cut operating costs. 
26 April 2023, 18:00 PM

Lowest transit fee set at Tk 589 per tonne for Indian goods

Bangladesh will charge at least Tk 589 for the transportation of a tonne of Indian goods to the north-eastern states from the mainland of India through Mongla and Chattogram ports as Dhaka offers regular transit facility to the neighbouring country. 
26 April 2023, 18:00 PM

Bangladesh up 12 notches in WB logistics index

Bangladesh’s ranking in the World Bank’s Logistics Performance Index (LPI) 2023 has gone up by 12 places, a development that has given an indication that the country’s skills in trade and business have improved.
26 April 2023, 18:00 PM

2nd instalment of $4.7b loan: IMF team due in Dhaka tomorrow

A team of the International Monetary Fund (IMF) is due in Dhaka tomorrow to discuss the progress in the use of the first tranche of its USD 4.7 billion loan for Bangladesh and release of the second instalment. The Ministry of Finance and Bangladesh Bank sources confirmed to UNB today that during
24 April 2023, 12:02 PM

A startup that’s made cooking a revenue-generating affair

Social entrepreneur Ben Jeffrey is leading the operation of ATEC, a green-tech startup working to solve clean cooking and climate change.
21 April 2023, 04:00 AM

Chicken turns Tk 50 costlier in two days

The retail price of chicken, one of the population’s biggest sources of protein, has gone up by around Tk 50 in the last two days, with the common reasonings being either a supply crunch or an attempt to cash in on inevitable Eid demand.  
21 April 2023, 03:30 AM

Furniture sales surprisingly low this Eid

Bucking the trend of previous years, home furniture sales have slowed down in the lead up to Eid-ul-Fitr as people are prioritising essential expenses amid the ongoing inflationary pressure, according to industry people.
21 April 2023, 03:00 AM

A depressing Eid for stock investors, brokers

This year’s Eid-ul-Fitr has turned out to be yet another depressing festival for many stock investors as few could sell shares to meet the vacation’s shopping expenses amidst the presence of floor price. 
21 April 2023, 02:30 AM

Kuakata eyeing huge turnout this Eid

While tourism related businesses in Kuakata of Patuakhali are expecting an onrush of travellers amid the ongoing Eid holiday, those in Sreemangal upazila of Moulvibazar have been left disappointed by the low number of advance bookings.
20 April 2023, 21:00 PM

Why do we judge so quickly?

Two friends, Pessimist and Optimist, were on a bus ride when the latter suggested they stop for a meal.
20 April 2023, 18:00 PM

National Housing made Tk 26cr profit in 2022

National Housing Finance and Investments Ltd posted a Tk 26.33 crore profit in the last financial year of 2022.
20 April 2023, 18:00 PM

Janata Ins profit up 4.3% last year

Janata Insurance Company Ltd’s profit increased 4.3 per cent year-on-year to Tk 5.59 crore in the last financial year of 2022.
20 April 2023, 18:00 PM

Crystal Ins profit dropped in 2022

Crystal Insurance Company Limited’s profit declined 3.88 per cent year-on-year to Tk 10.88 crore in the financial year that ended on December 31.
20 April 2023, 18:00 PM

Which division saw the highest inflow of remittances?

Remittance is one of the main pillars of Bangladesh’s economy with the country’s migrant workers having sent $16 billion back home in the first nine months of the current fiscal year 2022-23.
20 April 2023, 18:00 PM

Relaxy raises pre-seed funding from Sajida

Sajida Foundation has announced the successful closure of a pre-seed funding round with Relaxy Limited, a tech-based wellness platform focused on improving the accessibility and quality of mental health services in Bangladesh.
20 April 2023, 18:00 PM

Tesla profits fall on vehicle price cuts

The company said its profit margins had been trimmed at  “a manageable rate,” as it pointed to a  “unique opportunity for Tesla” while signaling more price cuts ahead.
20 April 2023, 18:00 PM

99.72% RMG units paid festival bonus so far: BGMEA

Some 2,145, or 99.72 per cent, of the garment factories in Bangladesh have paid festival bonuses to their workers as of yesterday.
20 April 2023, 18:00 PM

HSBC urges shareholders to vote against proposed split

Bank giant HSBC on Wednesday reached out to shareholders, urging them to vote down a proposal by its largest stakeholder, Chinese insurer Ping An, to split the business.
20 April 2023, 18:00 PM