Four lakh jute farmers to get seeds for free

The government is going to provide Tk 8.10 crore worth of incentives to farmers in a bid to increase jute cultivation and production across the country.
9 February 2023, 18:00 PM

Listening is caring: Do you care?

Some common complaints are: my friends don’t listen to me, my colleagues don’t listen to me, my husband doesn’t listen to me, and even my parents don’t listen to me.
9 February 2023, 18:00 PM

BATB makes Tk 1,787cr profit in 2022

British American Tobacco Bangladesh Company Limited’s profit grew nearly 20 per cent year-on-year to Tk 1,787.40 crore in 2022. The multinational company made a profit of Tk 1,496.88 crore in 2021.
9 February 2023, 18:00 PM

Seed supply far below requirement

The public and private sectors of Bangladesh have made strides in supplying farmers with quality seeds of vegetables and food grains over the last one-and-a-half decade.
9 February 2023, 18:00 PM

Cotton import to go down

A big appreciation of the US dollar against the local currency along with a perennial inadequacy of gas pressure in supply lines have started to have a detrimental impact as cotton import is projected to be lower this year. 
9 February 2023, 18:00 PM

Potato acreage shrinks to 7-year low

Potato acreage has declined to a seven-year low this season as many farmers switched to other crops, particularly mustard, as the production cost of the oilseed is lower than the tuber while its prices are more attractive.
9 February 2023, 03:30 AM

Bangladesh slips in digital readiness indicator

Shows the Agility Emerging Markets Logistics Index 2023
9 February 2023, 02:30 AM

70% listed firms incur profit drop, losses

Around 70 per cent of listed companies in Bangladesh either suffered losses or witnessed lower profit in the July to December period of the current financial year due to the surge in production costs, the sharp depreciation of the local currency and lower consumption.
9 February 2023, 02:00 AM

UK envoy visits Pran industrial park in Narsingdi

British High Commissioner to Bangladesh Robert Chatterton Dickson visited Danga Industrial Park of Pran-RFL Group in Narsingdi’s Danga on Monday. 
8 February 2023, 18:00 PM

Sustainable trade key to Asia Pacific’s green future: ADB

Greener trade and investment are crucial to tackling climate change in Asia and the Pacific and will require governments in the region to work together more closely, according to a new report by the Asian Development Bank (ADB).
8 February 2023, 18:00 PM

8th Agrow Award finale in March

Standard Chartered and Channel i will host the finale of the eighth edition of “Standard Chartered - Channel i Agrow Award” in coming March. 
8 February 2023, 18:00 PM

15% spice demand met thru imports

Bangladesh has to rely on imports to meet about 15 per cent of the demand of the spice market, which highlighted the foreign currencies the country has to spend to bring in the items as well as the potential for local production.  
8 February 2023, 18:00 PM

Govt launches national tea award

Tea garden owners in Bangladesh that play an exemplary role in the industry and thereby further the country’s economy will now be recognised for their efforts, according to a gazette notification from the commerce ministry.
8 February 2023, 18:00 PM

Alhaj Textile Mills incurs losses

Alhaj Textile Mills, a listed textile maker, has ended up suffering a loss in the July-December period of fiscal year 2022-23 due to increases in the prices of raw materials and costs rising in several of its operational segments. 
8 February 2023, 18:00 PM

Global energy prices drop, non-energy inch up

Global energy prices dropped 8.9 per cent in January, led by a 44 per cent decline in natural gas in Europe and a 16.1 per cent fall in coal, the World Bank’s Pink sheet reported.
8 February 2023, 18:00 PM

GPH Ispat posts losses in Q2

GPH Ispat Ltd suffered losses in the second quarter of the current financial year owing to the significant depreciation of the local currency and the power shortage that raised the cost of production.
8 February 2023, 18:00 PM

BB moves to boost QR code-based transactions

In a bid to gear up digital transactions, banks and financial institutions have been asked to replace their proprietary QR codes within June with a uniform one developed earlier by the Bangladesh Bank.
8 February 2023, 18:00 PM

Logistics index: Bangladesh ranks lowest in South Asia

Bangladesh has ranked 35th out of 50 countries in the Agility Emerging Markets Logistics Index 2023, the lowest among South Asian countries.
8 February 2023, 07:42 AM

Good corporate governance crucial for banks

Says Meghna Bank MD and CEO Sohail RK Hussain
8 February 2023, 03:30 AM

MS rod may become costlier

The price of mild steel (MS) rod may soon cross Tk 1 lakh per tonne as production costs have risen due to a recent hike in fuel and energy prices amid the ongoing US dollar crisis, according to industry people.
8 February 2023, 03:00 AM