Potato growers seek cut in cold storage rents

Potato growers and traders have urged cold storage owners to reduce rents and compensate in case of any damage to stored tuber.
4 August 2022, 18:00 PM

UK envoy visits Unilever-UNDP’s plastic waste management site

Unilever Bangladesh and UNDP Bangladesh in partnership with Narayanganj City Corporation have run a sustainable plastic waste management project in the major cities of Bangladesh, focusing on the management of wastage that poses a complex set of challenges in an urban backdrop.
4 August 2022, 18:00 PM

IR 4.0 for Idiots!

Late last year, I had the opportunity to attend a daylong workshop on IR 4.0 (The Fourth Industrial Revolution) where the speakers included a number of high-level government officials from multiple ministries and institutions.
4 August 2022, 18:00 PM

Businesses express concern over energy crisis

Businesses yesterday expressed concern over running production in industrial units because of ongoing power cuts, low pressure of gas in supply lines and high energy prices. 
4 August 2022, 18:00 PM

Offer new trading board for startups

Startups have huge potential to grow, so the stock market should allow them to raise funds although they face some challenges in making profits at the primary stage, State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak said yesterday.
4 August 2022, 18:00 PM

Regulator moves to end insurance fund misuse

With evidence surfacing of a couple of insurance companies misusing funds of policyholders, the insurance regulator has directed them to refrain from borrowing from banks using life funds as collaterals. 
4 August 2022, 18:00 PM

Cost price to decide banks’ limit: BB

Banks in Bangladesh have been allowed to calculate their stock market exposure limit on the basis of the purchasing price of the securities they own instead of their market value. 
4 August 2022, 18:00 PM

Businesses for using multiple currencies

Bangladesh should cut its over-reliance on the US dollar and increase the use of other currencies such as the Chinese renminbi (RMB) in international trade to ease pressure in the foreign currency market, businesses said. 
4 August 2022, 03:30 AM

How dollar became global reserve currency

The Second World War changed almost everything in the world. Or in short, we can also say that after WWII, the world changed in a way it had not changed for many years.
4 August 2022, 03:00 AM

Should Bangladesh go for alternative currencies?

The US dollar is currently one of the most talked about issues.  
4 August 2022, 02:45 AM

IMF stands ready to help Bangladesh

The International Monetary Fund yesterday conveyed its interest to support Bangladesh with its request for loan to prop up its strained foreign currency reserves.
4 August 2022, 02:30 AM

Countries in trade with Russia without dollar

The emerging multi-polar world is now trying to reduce the use of the greenback in their trade after the US and EU imposed multilateral sanctions on Russia.
4 August 2022, 02:15 AM

July’s economic data: Dark clouds starting to clear

Inflation bucked its runaway trend in July, becoming the third data point this month after remittance and import to provide some relief to a government on its toes about the direction the economy was taking.
4 August 2022, 02:00 AM

China firm to invest $8m in Bepza EZ

Chinese company KPST Shoes (BD) Company Ltd will invest $8.07 million in Bangladesh Export Processing Zones Authority (Bepza) Economic Zone.
3 August 2022, 18:00 PM

Govt to buy 3.3cr litres of soya oil from foreign firms

The government plans to purchase 3.30 crore litres of soybean oil from two foreign refiner companies at a cost of Tk 136 per litre so that it can supply the key cooking ingredient to low-income families at subsidised rates.
3 August 2022, 18:00 PM

Loan rescheduling tightened slightly

Bangladesh Bank yesterday slightly tightened its loan rescheduling policy for defaulted loans after facing criticism from different corners. 
3 August 2022, 18:00 PM

Learn online to earn online

Training for online freelancers could have a significantly positive impact on the employment and income of underprivileged women, according to a recent study by the Brac Institute of Governance Development (BIGD).
3 August 2022, 18:00 PM

Realtors go slow in taking up new projects

Real estate companies in Bangladesh are cautiously taking up new projects as the war in Ukraine, the strain on foreign currency reserves, the dollar shortage, runaway inflation and higher construction costs have cemented worries that sales of flats might slow in the coming months.
3 August 2022, 03:15 AM

Wheat prices may cool off in local market

The price of wheat in Bangladesh may come down as its export from Ukraine has resumed following an agreement with Russia.
3 August 2022, 02:45 AM

July delivers more good news as exports rise

Merchandise exports from Bangladesh grew 15 per cent year-on-year to $3.98 billion in July, giving a much-needed breather to the country amid global uncertainty and foreign exchange crisis, official figures showed yesterday.  
3 August 2022, 02:00 AM