Kans grass straw boosts income of char farmers

Kans grass has emerged as a significant source of income for farmers in char areas of Kurigram and Lalmonirhat, where the perennial herb native to the Indian subcontinent grows easily on sandy soil.
6 December 2022, 05:00 AM

First factory in Srihatta economic zone starts journey

Srihatta Economic Zone has become active as a door and window manufacturing company started production in the special area in Moulvibazar’s Sherpur.
6 December 2022, 04:00 AM

The sensitivity of direct tax realisation

Taxation has four main purposes: revenue, redistribution, re-pricing, and representation.
6 December 2022, 03:30 AM

Inflation falling, but not for rural people

Though inflation continued to undergo a downward trend for a third consecutive month in November, non-food inflation in rural areas entered into double digits last month for the first time in recent times. 
6 December 2022, 03:00 AM

Walton makes Bangladesh’s maiden electric bike

Walton Digi-Tech Industries Ltd, a concern of Walton Group, has launched Bangladesh’s maiden electric bike in the market, jumping on the bandwagon of a global shift towards eco-friendly transportation.    
6 December 2022, 02:30 AM

Islami Bank’s loan scams were not unknown to policymakers

Information about S Alam Group has bought a bank with money from another lender and taken controlling stakes in other banks is surfacing now, but people in the banking sector and involved in economic policy-making knew about the developments, said Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh.
6 December 2022, 02:00 AM

ICD assoc chief re-elected

Nurul Qayyum Khan has been re-elected president of Bangladesh Inland Container Depots Association (BICDA) for the 7th consecutive term.
5 December 2022, 18:00 PM

Leather trade show kicks off tomorrow

A three-day international technology trade show on leather goods, including the machinery, chemicals, accessories and other components needed to make them, will kick off in Dhaka on Wednesday.
5 December 2022, 18:00 PM

Bank Asia wins ‘Overall Winner’ trophy at ICAB National Award

Bank Asia has won an “Overall Winner” award and also won first prize in all three categories -- private sector banks, corporate governance disclosures and integrated reporting -- of Best Presented Annual Reports 2021 at a 22nd ICAB National Award. 
5 December 2022, 18:00 PM

Al-Arafah Islami Bank gets new DMD

Al-Arafah Islami Bank recently appointed a new deputy managing director (DMD). 
5 December 2022, 18:00 PM

Ananta Real Estate avails Dhaka Bank payroll services

Dhaka Bank and Ananta Real Estate signed an agreement in Dhaka recently over payroll services and other products such as interest or profit bearing accounts, loans and credit cards on preferential terms for the latter’s employees. 
5 December 2022, 18:00 PM

BSEC won’t lift stock floor price despite criticism

While no other country uses floor price to stop a share price fall, Bangladesh has launched it as a market intervention mechanism claiming it was to save small investors. 
5 December 2022, 18:00 PM

Economists call for visible actions

The country’s top economists yesterday unanimously suggested the Bangladesh Bank take visible actions against irregularities at Islami Bank Bangladesh Limited (IBBL), scamsters and willful loan defaulters to restore confidence in the banking sector. 
5 December 2022, 18:00 PM

JCI Dhaka Young gets new local president

Rabeya Nasir Ovi has been elected president of the executive committee of Junior Chamber International (JCI) Dhaka Young for 2023 at its general assembly in Dhaka recently. 
5 December 2022, 18:00 PM

Higher coal prices add more woes for brickmakers

The price of coal in Bangladesh has flared up by some 78 per cent over the past year, hitting Tk 32,000 per tonne at present compared to Tk 18,000 per tonne previously, as depreciation of the local currency against the US dollar has made imports costlier, according to industry people.
5 December 2022, 04:00 AM

Industrial LPG use soars threefold in recent months

Industrial demand for liquefied petroleum gas (LPG) has shot up around threefold in the past couple of months, which market insiders believe resulted from industries trying to reduce their reliance on diesel for a hike in its price. 
5 December 2022, 03:30 AM

Bangladesh may witness a jump in foreign investment

With Bangladesh rapidly improving its infrastructure and connectivity and making regulatory reforms, Japan expects massive foreign investments flowing into the country as it looks to become a regional industrial hub in a few years. 
5 December 2022, 03:00 AM

BIDS study finds flaws in beneficiary selection process

A new study has unearthed flaws in the beneficiary selection under the “Amar Bari, Amar Khamar (My house, My farm)” project as it found the inclusion of ineligible households in the much-hyped scheme. 
5 December 2022, 02:30 AM

Budget implementation stays low despite surging allocation

The government managed to implement 85 per cent of the budget in the last fiscal year despite spending a huge amount as subsidies and incentives, raising questions about the trend of unveiling bigger budgets year after year.  
5 December 2022, 02:00 AM

Islami Bank's clients' human chain foiled

An attempt to hold a human chain by a group of shareholders and clients of Islami Bank Bangladesh Limited failed yesterday for obstruction allegedly by ruling party men..They called for the human chain in front of the Jatiya Press Club yesterday afternoon amid allegation of Islami Bank dis
4 December 2022, 18:30 PM