Gender equity for sustained business success

Of late gender equity is no more just a populist idea. Rather, it is being considered as one of the critical strategic priorities for businesses.
6 March 2023, 18:00 PM

Sick industries to get loans at banks’ cost of fund

Bangladesh Bank has given go-ahead to scheduled banks to impose interest on sick industries’ loan amount at the highest rate of their cost of fund.
6 March 2023, 18:00 PM

SS Steel sees sharp profit decline in Oct-Dec

SS Steel Limited’s profit declined by 97.10 per cent year-on-year in the first quarter of the current financial year because of a spike in the prices of raw materials caused by the unprecedented depreciation of the local currency against the US dollar.
6 March 2023, 18:00 PM

HSBC publication showcases MNCs in Bangladesh

Multinational corporations are propelling the country’s economic growth in many ways and their successes also give a boost to the confidence of potential investors, said experts yesterday.
6 March 2023, 18:00 PM

Husking rice millers call for Tk 30,000cr fund

Husking rice mill owners yesterday urged the government to form a Tk 30,000 crore fund to enable sick mills to make a turnaround and help them compete in the grain market.
6 March 2023, 05:00 AM

Onion seed growers expect bumper production

Onion seed growers, particularly in the largest-producing district of Faridpur, are expecting bumper production this year as the weather has remained favourable so far.
6 March 2023, 04:30 AM

DCCI seeks 2.5% corporate tax cut for non-listed firms in FY24

The Dhaka Chamber of Commerce and Industry (DCCI) yesterday called for a 2.5 per cent reduction in the corporate tax rate for the non-listed companies in the upcoming budget.
6 March 2023, 04:00 AM

Real-time monitoring of imports, national supply for key commodities needed

Bangladesh should conduct real-time monitoring of imports and national supply chains for critical commodities to forecast and respond in a timely manner to policy challenges and tackle the impacts of the dragging Russia-Ukraine war, said Johan Swinnen, director-general of the International Food Policy Research Institute (IFPRI).   
6 March 2023, 03:30 AM

Jute bags mandatory, in practice a different story

The use of jute sacks to package 19 commodities remains a far cry 13 years past the enactment of the Mandatory Jute Packaging Act 2010. 
6 March 2023, 03:00 AM

Pharmaceutical shipments making a turnaround

Pharmaceutical shipments from Bangladesh are slowly making a turnaround with a gradual improvement in the global US dollar crisis, according to drug exporters.
6 March 2023, 02:30 AM

Firms optimistic about overall prospect but fret over rising cost

Firms in Bangladesh are optimistic about their overall business prospect but they also worry that their cost of production will increase in the coming months which may hinder their growth, according to the Business Confidence Index (BCI) unveiled yesterday.
6 March 2023, 02:00 AM

China sets modest growth target of about 5%

China set a modest target for economic growth this year of around 5 per cent on Sunday as it kicked off the annual session of its National People’s Congress (NPC), which is poised to implement the biggest government shake-up in a decade.
5 March 2023, 18:00 PM

Bank Asia, Khulna University sign MoU to boost agri sector

Bank Asia Limited yesterday signed a memorandum of understanding (MoU) with Khulna University to improve productivity in Bangladesh’s agricultural sector.
5 March 2023, 18:00 PM

StanChart, Friendship to transform lives of char-based farmers

Standard Chartered Bangladesh and Friendship have joined hands to ensure that char-based communities in northern and southern regions of the country receive much needed farm-to-market support to increase agricultural output, rise above poverty, produce efficiently, and build resilience.
5 March 2023, 18:00 PM

WE Colourful Fest for women entrepreneurs begins in Dhaka on March 10

Women entrepreneurs are going to showcase their products at Jamuna Future Park in a two-day fest from March 10 to celebrate the International Women’s Day.
5 March 2023, 18:00 PM

11 individuals, entities to be awarded on National Jute Day

Eleven individuals and organisations will be awarded on National Jute Day to be observed today.
5 March 2023, 18:00 PM

Poultry farmers urge govt to fix egg, chicken prices

The country’s poultry farmers yesterday urged the government to set chicken and egg prices for the local market claiming that they were currently incurring losses even though consumers were paying high prices for the two. 
5 March 2023, 18:00 PM

Transcom Foods recognises its employees with 75 bikes

Transcom Foods Limited, the official franchisee of the KFC and Pizza Hut brands in Bangladesh, recently held a “Bike Handover Ceremony” at its office in Gulshan-1.
5 March 2023, 18:00 PM

Sugar’s duty cut yet to bring any benefit to retail market

Consumers in Bangladesh are still paying higher prices for sugar although a week has passed since the National Board of Revenue (NBR) removed the import duty on both raw and refined sweetener.
5 March 2023, 03:30 AM

Banglalink tops the chart in customer acquisition

The mobile subscriber base in Bangladesh saw a slight growth in January this year compared to that a month earlier, with Banglalink continuing to showcase a strong performance in expanding coverage. 
5 March 2023, 03:00 AM