HC bars trade, town association groups from Ctg chamber’s polls
23 October 2025, 15:00 PM
Business
Akij Resource plans to launch digital bank
23 October 2025, 13:27 PM
Business
ILO ratification demands labour reforms in Bangladesh
23 October 2025, 12:59 PM
Business
Summit Power’s profit plunges 88% in FY25
23 October 2025, 10:18 AM
Business
Culture of impunity behind repeated industrial disasters: BILS
23 October 2025, 08:05 AM
Business
Govt moves to boost House Building Corporation’s lending capacity
22 October 2025, 18:42 PM
Business
Interbank dollar price crosses Tk 122 after 2.5 months
22 October 2025, 18:36 PM
Business
Auction full ‘golden spectrum’, lower prices
22 October 2025, 18:35 PM
Business
Foreign banks top profits, trail in social spending
22 October 2025, 18:24 PM
Business
Telcos, ISPs asked to boost fire safety measures
22 October 2025, 15:40 PM
Business
Call money rate goes up further
The inter-bank call money rate in Bangladesh rose further yesterday owing to the growing demand for cash ahead of Eid-ul-Azha, the government’s increased borrowing from the banking system and banks’ purchases of US dollars aimed at settling import bills.
8 July 2022, 03:00 AM
Forex reserves to slip below $40b first time in 2 years
Foreign exchange reserves in Bangladesh could slip below $40 billion for the first time in nearly two years owing to regular import payments and a slowdown in remittance flow.
8 July 2022, 02:45 AM
Austerity steps okay but more belt-tightening needed: Experts
The government in Bangladesh has already begun enforcing energy and power rationing to contain the surging import cost of gas and fuel oil and turned to austerity measures to save US dollars.
8 July 2022, 02:15 AM
West’s inflation to impact exports of Bangladesh: ICCB
Developed nations are having to take tough steps to control record levels of inflation, which is a concern for Bangladesh as it will dampen exports demand to these countries, according to the International Chamber of Commerce-Bangladesh (ICCB).
7 July 2022, 18:00 PM
Govt approves $1.3b investments in economic zones
The government yesterday gave the nod to private sector investments of $1.3 billion in the country’s economic zones.
7 July 2022, 18:00 PM
Apparel exports to US log record 51pc rise
Garment exports to Bangladesh’s single largest destination, the USA, rose by 51.57 per cent year-on-year to $9.01 billion in the just concluded fiscal year.
7 July 2022, 18:00 PM
Govt’s food procurement from local harvest falling short
The government’s paddy procurement drive is far below its target for this year even though two months have gone by since the process began at the end of April.
7 July 2022, 05:00 AM
Export of leather goods hits decade high
Leather, leather goods and footwear exports from Bangladesh reached a 10-year-high in the just concluded fiscal year thanks to the arrival of orders that shifted away from competitors, according to industry players.
7 July 2022, 04:30 AM
Pvt container depots face acute pressure of export cargoes
Shinest Apparels, a Dhaka-based garment factory, sent eight truckloads of export cargo to a private inland container depot (ICD) in Chattogram eight days ago for shipment through the country’s premier port.
7 July 2022, 03:00 AM
Gas shortage, power cuts hit factories
A deepening energy crisis is hitting industries in Bangladesh hard, forcing them to cut production by as much as 50 per cent as escalated import bills have forced the country to lower gas purchase from international sources.
7 July 2022, 02:30 AM
Diversified jute products: Exporters to get 20pc incentive
Exporters of diversified jute products such as food-grade bags, clothes, yarns and twines will receive a 20 per cent export incentive, according to a Bangladesh Bank notice.
6 July 2022, 18:00 PM
125 firms to import 2.5 lakh tonnes of rice
The government has permitted 125 companies to import a total of 246,000 tonnes of rice in order to cool down the domestic market for the staple grain in Bangladesh.
6 July 2022, 18:00 PM
Rolls-Royce seized for alleged duty evasion
The customs detectives have seized a Rolls-Royce car worth Tk 27 crore, including import tariff, from a house in Dhaka on allegation of duty evasion and breaching customs rules.
6 July 2022, 18:00 PM
Used car imports surge in FY22
Car imports surged in the just concluded fiscal year thanks to reduced import tariff and release of pent-up demand among the country’s middle-class amid the economy’s gradual recovery from Covid-19.
6 July 2022, 05:55 AM
Poor Eid sales frustrate Tangail sari traders
Tangail sari weavers and traders are disappointed ahead of Eid-ul-Azha this year as the people’s decreasing purchasing power coupled with the ongoing flood situation in different parts of the country has led to poor sales, according to market players.
6 July 2022, 05:30 AM
Govt raises prices of cowhide
The government yesterday hiked the price of cured cowhides in Dhaka by 8 per cent to Tk 47-52 per square foot (sqft) ahead of Eid-ul-Azha, when millions of cattle are sacrificed by the country’s Muslim community as a part of their religious duties.
6 July 2022, 05:00 AM
BGMEA targets $100b export by 2030
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday set a $100-billion apparel shipment target by 2030, which is more than double the country fetched in the just-concluded financial year.
6 July 2022, 04:00 AM
Gas consumption set to contract due to Russia: IEA
Gas consumption will contract slightly this year due to high prices and Russian cuts to Europe, with only slow growth over coming years as consumers switch to alternatives, the IEA said Tuesday.
5 July 2022, 18:00 PM
Suez Canal records highest ever revenue
Egypt’s Suez Canal Authority announced Monday an all-time revenue record, earning $7 billion during the last fiscal year following a series of toll hikes for vessels transiting the vital waterway.
5 July 2022, 18:00 PM
Maruti Suzuki to phase out petrol cars
Automaker Maruti Suzuki India Ltd will phase out vehicles that run completely on petrol in seven to 10 years, the Economic Times newspaper reported on Monday, citing a senior executive.
5 July 2022, 18:00 PM