Area-wise weekly shutdown for factories announced

The government has fixed area-wise weekly closure for factories on different days in order to ensure uninterrupted power supply to industrial zones of the country.
11 August 2022, 14:14 PM

Green building practices gaining momentum

Green building practices have gained momentum in Bangladesh as eco-friendly bricks are being widely used for all manner of construction in a bid to reduce the environmental degradation caused by conventional brick kilns.
11 August 2022, 03:30 AM

Economic impact of Padma Bridge

The Padma Multipurpose Bridge is a dream project for the millions of people in the southwestern region of Bangladesh.  
11 August 2022, 03:15 AM

Riders feel the pinch of fuel price hike

Ride-sharing service users in Bangladesh could not escape from the impact of the recent fuel price increase as Pathao has already announced new fares while Uber is set to follow suit. 
11 August 2022, 03:00 AM

Telecom operators, ISPs asked to share digital ad spending info

The telecom regulator in Bangladesh yesterday directed mobile network operators and internet service providers (ISPs) to furnish it with information about their spending on digital advertisements on different social media platforms in 2021.
11 August 2022, 02:45 AM

Forex volatility persists despite Bangladesh Bank's intervention

Volatility continued to prevail in the country’s foreign exchange market, with the price of every dollar hitting a record Tk 119 in the open market yesterday from Tk 115 on Monday.
11 August 2022, 02:30 AM

Huge bad loans force banks to keep higher provision

Most of the listed banks in Bangladesh had to keep higher provisions in the first half of 2022 owing to the bearish trend in the share market and the removal of the relaxed loan classification policy that sent bad loans higher. 
11 August 2022, 02:15 AM

Forex pressure may ease by Dec but inflation to stay

The record fuel price hike last week has thrown a spanner in the works to the finance division’s projection of bringing the twin problems of inflation and delicate foreign currency reserves under control by December.
11 August 2022, 02:00 AM

Paper flowers bring good luck to Rangpur families

Many families in Rangpur division have been in the trade of making paper flowers for a long time and many of them have changed their luck.
10 August 2022, 18:00 PM

GSP Finance’s profit up slightly

GSP Finance Company (Bangladesh) Limited’s profit improved slightly in the financial year that ended on December 31. 
10 August 2022, 18:00 PM

Govt revises minimum wages for shrimp industry

The government has declared new minimum monthly wages for employees and workers in the shrimp industry, a major export earner for the country, with hikes ranging from 46 to 51 per cent in each grade.
10 August 2022, 18:00 PM

Patent law needs to be amended

Just over four months past being passed in parliament, Bangladesh Patent Law 2022 is deemed by experts to be in need of amendments.
10 August 2022, 18:00 PM

Banks’ remittance service rules relaxed

Bangladesh Bank (BB) yesterday relaxed existing rules applicable on banks’ remittance services in an attempt to increase the inflow of foreign currency and curtail volatility centring the foreign exchange market. 
10 August 2022, 18:00 PM

Taka falls further

The currency of Bangladesh has depreciated further against the US dollar, hitting Tk 95 on the interbank platform yesterday.
9 August 2022, 03:15 AM

Industrial production slows

Industrial production has slowed in Bangladesh, official figures showed although surging imports paint a different picture. 
9 August 2022, 02:15 AM

Fuel price hike pulls down stocks, turnover

The domestic stock market yesterday suffered declines in share value and turnover as investors fear that the recent hike in fuel prices will have a negative impact on listed companies.
8 August 2022, 18:00 PM

Three ways a strong dollar impacts emerging markets

The US dollar is on a tear, strengthening around 11 per cent since the start of the year and – for the first time in two decades – reaching parity with the euro.     
8 August 2022, 18:00 PM

Transshipment: First batch of Indian goods reaches Mongla port

MV Rishad Rayhan yesterday became the first cargo ship to use the Mongla sea port of Bangladesh under the trial run of transshipment of Indian goods destined for the north-eastern states. 
8 August 2022, 18:00 PM

Forex Market Volatility: BB orders six banks to transfer treasury chiefs

Bangladesh Bank has ordered six banks to transfer their treasury heads to human resources departments over their role in the volatility in the country’s foreign exchange market, according to several BB officials with direct knowledge about the development.
8 August 2022, 18:00 PM

Leaders assemble...anyone there?

Much discussion, and effort, has taken place to identify and recruit high-potential prospects and nurture these individuals to become future leaders in the workplace.
8 August 2022, 03:15 AM