Flower growers in Jashore eye Tk 35cr sales

Flower farmers in Gadkhali union of Jashore are expected to rake in about Tk 35 crore in the upcoming sales season, which begins with new year celebrations followed by Pahela Falgun, Valentine’s Day and International Mother Language Day.
28 December 2022, 03:00 AM

Metro Rail: Construction materials of nearly 12 local firms used

Around a dozen local companies supplied materials such as rods, steel products and cement for the construction of the country’s first metro rail, signifying that products made in the country are achieving international standards.  
28 December 2022, 02:30 AM

BB to dissolve Uttara Finance board for scams

Bangladesh Bank yesterday decided to dissolve the board of directors of the Uttara Finance and Investments over major financial irregularities involving Tk 5,100 crore it had unearthed two years ago. 
28 December 2022, 02:00 AM

Mohiuddin one of Cumilla’s top taxpayers

ASM Mohiuddin Monem, additional managing director of Abdul Monem and chairman of ServicEngine, has been named as one of the highest income taxpayers under the Cumilla tax zone for fiscal year 2021-2022. 
27 December 2022, 18:00 PM

Islami Bank to issue Tk 800cr bond

Bangladesh Securities and Exchange Commission (BSEC) has approved Islami Bank’s fourth subordinated bond worth Tk 800 crore.
27 December 2022, 18:00 PM

Pubali Bank to raise Tk 700cr thru bond

Pubali Bank has got go-ahead to raise Tk 700 crore through its third subordinated bond.
27 December 2022, 18:00 PM

Orion Infusion will now give 20% cash dividend

Orion Infusion has decided to give 20 per cent cash dividend to its investors for 2021-22.
27 December 2022, 18:00 PM

3 more RMG factories get green certificates

Three more Bangladeshi garment factories have been awarded the Leadership in Energy and Environmental Design (LEED) certification for extraordinary initiatives taken for green production.
27 December 2022, 18:00 PM

Tax system not favourable for industries: BCI

The present tax system does not favour industrial development as losses of firms are not accepted in many cases, the Bangladesh Chamber of Industries (BCI) said yesterday.
27 December 2022, 18:00 PM

India says the quantity Bangladesh seeks is too high

India has suggested that Bangladesh review the proposed import quota on seven food items as the neighbouring nation believes the quantity sought as a guaranteed supply is too high.
27 December 2022, 18:00 PM

SIBL gets nod for Tk 600cr bond

Social Islami Bank gets nod to raise funds of Tk 600 crore by issuing non-convertible, unsecured, mudaraba subordinated floating rate bond.
27 December 2022, 18:00 PM

Results of agriculture census unveiled

More than three years after the release of a preliminary report on the Agriculture Census-2019, the Bangladesh Bureau of Statistics (BBS) yesterday unveiled the final results without providing an actual estimate on the number of farmers in the country.
27 December 2022, 18:00 PM

UCB to help treat needy kids with heart disease

UCB Foundation, a non-profit organisation of United Commercial Bank, signed a memorandum of understanding (MoU) with the National Institute of Cardiovascular Diseases & Hospital for the treatment of underprivileged children with heart diseases.
27 December 2022, 18:00 PM

Mustard blooming on record area this year

In 2022, Bangladesh’s consumers had to buy edible oil by paying historic high prices because of record prices in the international market and the country’s high dependence on imports to meet its demand.
27 December 2022, 04:00 AM

Poor quality seeds depress Faridpur onion farmers

The lack of quality onion seeds in Faridpur is forcing many local farmers to resow their fields, increasing both the time and cost of cultivation in the process.
27 December 2022, 03:30 AM

Plastic toy sales almost halve

Plastic toy makers and retailers in Bangladesh are feeling the pinch of a nearly 40 per cent drop in sales amid higher raw material prices fuelled by raging inflation stemming from the Russia-Ukraine war.
27 December 2022, 03:00 AM

Macroeconomy: Looking back and forward

The beginning of 2022 saw Bangladesh’s economy poised to make a strong recovery from Covid-19 with demand across the world rebounding, supply chain backlogs easing and improving domestic consumption.
27 December 2022, 02:45 AM

Phones, laptops, internet turned pricier in 2022

Bangladesh’s steady embrace of digitalisation, spearheaded by a growing number of tech startups and rising software and IT service exports, has suffered a heavy blow from the imposition of new taxes this year. 
27 December 2022, 02:30 AM

Garment exporters see moderate recovery in 2023

Local apparel suppliers are expecting moderate recovery in exports in the upcoming year as sales in the Western world are gradually gaining pace with a new normal arising from the Russia-Ukraine war and falling prices of petroleum products.
27 December 2022, 02:00 AM

RFL Houseware second among top 15 brands

Household plastic brand RFL Houseware, a subsidiary of Pran-RFL Group, notched the second position among the 15 most “loved brands” of the country at the 14th edition of the Best Brand Award 2022.
26 December 2022, 18:00 PM