Fairs on printing, packaging kick off today

Two fairs on printing and packaging will begin today in Dhaka to showcase the latest digital printing and packaging machinery.
7 September 2022, 18:00 PM

FMCG retail price hikes to be verified for reasonability

The Directorate of National Consumers Right Protection (DNCRP) will form a committee to investigate whether recent hikes in the retail prices of fast-moving consumer goods (FMCG) were a reasonable ripple effect of external factors. 
7 September 2022, 18:00 PM

Bangladesh, India should address non-tariff barriers

Bangladesh and India should address the non-tariff barriers to facilitate and boost bilateral trade, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
7 September 2022, 18:00 PM

Stop illegal banking by cooperatives: BB

The Bangladesh Bank yesterday urged the Department of Cooperatives to take measures against the illegal banking operation carried out by several cooperative societies.
6 September 2022, 18:00 PM

BB assures BSEC of policy support for stock, bond markets

Bangladesh Bank recently assured the Bangladesh Securities and Exchange Commission (BSEC) that it would continue providing policy support to develop both the stock and bond market.
6 September 2022, 18:00 PM

Bank Asia awards certificates after training course

The 59th Foundation Training Course for the business officers of Channel Banking Division of Bank Asia has been completed recently. 
6 September 2022, 18:00 PM

Phoenix Finance suffers losses in 2021

Phoenix Finance & Investments Ltd incurred losses in the year that ended on December 31, 2021.  
6 September 2022, 18:00 PM

BB move lifts stocks

Shares in Bangladesh bounced back yesterday after falling for two consecutive sessions as general investors thought that banks might increase their participation in the market after a central bank move.  
6 September 2022, 18:00 PM

Miniket is not a rice variety

The Directorate of National Consumers Right Protection (DNCRP) will launch a drive to stop sales of miniket rice in the market, as miniket is not an actual rice variety, said AHM Shafiquzzaman, director general of the DNCRP.
6 September 2022, 18:00 PM

Rules eased for exporters to retain dollars

The Bangladesh Bank yesterday allowed exporters to retain the value-added portion of export proceeds in US dollars for 30 days instead of 15 days. 
6 September 2022, 18:00 PM

Inflation to keep rising in Sep

Inflation will increase in the August-September period owing to the hike in the cost of living and the ongoing Russia-Ukraine war, but it may decline in October, said Planning Minister MA Mannan yesterday. 
6 September 2022, 18:00 PM

Talks on CEPA soon: Modi

Bangladesh and India will soon start holding negotiations on a bilateral comprehensive economic partnership agreement (CEPA), announced Prime Minister Narendra Modi of India yesterday.
6 September 2022, 18:00 PM

3 bottlers control over half of $3.2b LPG market

Three bottlers control more than 50 per cent of the $3.2 billion liquefied petroleum gas (LPG) market in Bangladesh, according to industry people and a recent market assessment. 
6 September 2022, 03:00 AM

New policy expedites auctioning of abandoned, smuggled goods

Smuggled or abandoned liquor and cigarettes from now can be sold off at a minimum of 60 per cent of their value to shops listed by customs instead of being kept on hold for sale by Bangladesh Parjatan Corporation. 
6 September 2022, 02:40 AM

Denim sales plunge for dry spell in Europe

With people in many parts of Europe facing heatwave, longer than usual dry summers and runaway inflation, denim makers in Bangladesh are feeling the pinch. 
6 September 2022, 02:10 AM

Forex below $39b

Bangladesh’s foreign exchange reserves recently dipped below $39 billion due to high import payments.
5 September 2022, 18:00 PM

Nagad opens 11 new service points

Nagad, a mobile financial service provider of the Bangladesh Postal Department, launched a new 11 Nagad-Sheba points at different districts across the country.
5 September 2022, 18:00 PM

Konka wins Peace of Mind Award 2022

Refrigerator brand Konka recently won the “2022 Peace of Mind Award” at the fifth Yunfeng Conference organised by the Interface News of Shanghai Newspaper Group.
5 September 2022, 18:00 PM

ECB poised for big rate hike

After raising interest rates for the first time in over a decade at their last meeting, European Central Bank policymakers are poised to deliver another bumper hike on Thursday in a show of determination to tame soaring inflation.
5 September 2022, 18:00 PM

Ctg port takes over 11 days to release goods

Businesses have to wait 11 days and six hours to have their cargo released after their arrival at seaports, according to the Time Release Study (TRS) 2022 of the National Board of Revenue. 
5 September 2022, 18:00 PM