BSEC demands accurate account of undistributed dividends

The Bangladesh Securities and Exchange Commission (BSEC) has decided that it will take action against listed companies that fail to show an accurate account of undistributed dividends.
15 March 2022, 18:00 PM

Financial wellness platform Wagely raises $8.3m

Financial wellness platform Wagely has announced raising $8.3 million or Tk 71 crore in an oversubscribed pre-series A funding in an effort to scale up its operations in helping workers access their earned salaries on demand.
15 March 2022, 18:00 PM

EU concerned over delay in EPZ labour law amendment

A visiting European Union (EU) delegation yesterday expressed concerns over delays in amending a labour law meant for export processing zones (EPZs), which was also an eligibility criterion for its Everything But Arms (EBA) scheme.
15 March 2022, 18:00 PM

Suspicious transaction reports up 44pc

The number of reports on suspicious transactions and activity received by the Bangladesh Financial Intelligence Unit (BFIU) rose 44 per cent year-on-year in the last fiscal year of 2020-21.
15 March 2022, 18:00 PM

‘Special card’ for 1cr people to buy essentials at lower prices: PM

Prime Minister Sheikh Hasina today said one crore people will get “special cards” to buy daily essentials at lower prices.
15 March 2022, 10:22 AM

Ceramic makers oppose raising gas prices

Ceramic manufacturers have urged the Bangladesh Energy Regulatory Commission (BERC) not to hike the prices of gases used for producing ceramic products in order to safeguard the local ceramic industry.
14 March 2022, 18:00 PM

Govt-traders talks key to smooth commodity supply

The government should immediately sit with businesses to ensure smooth commodity supplies to domestic markets, thereby containing inflationary pressure on common people, said Sabbir Hasan Nasir, executive director of ACI Logistics.
14 March 2022, 18:00 PM

100pc population now under electricity coverage

Bangladesh has achieved yet another milestone as the government is set to announce that it has brought 100 per cent of the population under electricity coverage.
14 March 2022, 18:00 PM

Denim mills expand as global market booms

Fabric makers in Bangladesh have embarked on a massive expansion to capture more share of the fast-growing global denim market keeping pace with the changing fashion and styles.
13 March 2022, 18:00 PM

ADB to aid in Bangladesh's post-pandemic recovery

Bangladesh and Asian Development Bank (ADB) at a tripartite portfolio review meeting (TPRM) today agreed actions to further accelerate implementation of ADB-assisted projects for boosting socio-economic recovery.
13 March 2022, 17:00 PM

Granite mining suspended

Granite extraction has been suspended in mines at Parbatipur upazila of Dinajpur for an indefinite period since around 6:00am on Saturday for a lack of explosives.
12 March 2022, 18:00 PM

Anti-ulcer Drugs top Selling Medicine in Bangladesh at over Tk 4,200cr

Anti-ulcer drugs are the top-selling medicines in Bangladesh with sales clocking more than 12 per cent growth annually since 2015 driven by unhealthy food habits, use of excess oil and spices in food preparation and food adulteration.
12 March 2022, 18:00 PM

Go for skills-driven competitiveness

Bangladesh has to shift from preferential market access-driven competitiveness to skills and productivity-driven competitiveness as there will be no preference after 2026, experts said.
12 March 2022, 18:00 PM

SME Foundation seeks Tk 200cr to form fund for rural women entrepreneurs

SME Foundation has sought Tk 200 crore from the government “to form a fund” to give out loans to small and medium enterprises (SMEs) owned by rural women for enabling continuation of operations and even expansions amidst the pandemic’s fallout.
12 March 2022, 18:00 PM

Bangladesh urges FAO for more resources

Bangladesh has urged the Food and Agriculture Organization (FAO) to mobilise more resources to developed new crop varieties and innovate new technologies to tackle climate change’s impacts in the Asia Pacific region.
10 March 2022, 18:00 PM

Bongaon Villa: a true agro-tourism centre

If you like the idea of putting together your own meal by picking vegetables from a field and catching fish from a nearby pond, then you would love to visit Bongaon Villa, an agro-tourism centre situated in Bhaluka of Mymensingh.
10 March 2022, 18:00 PM

Panel formed to address edible oil price manipulation

The Bangladesh Competition Commission has formed a three-member committee to root out edible oil price manipulation practices in the domestic market.
10 March 2022, 18:00 PM

Govt scraps coal terminal project at Payra port

The government yesterday gave the approval to strike off a project that aimed to construct a bulk coal terminal at Payra port from the list of public-private partnership projects as part of its policy to discourage coal-fired power plants.
10 March 2022, 18:00 PM

Protect purchasing power of the poor

Protecting purchasing power of the left behind and financially insolvent people is the prime concern and for that the government should stabilise prices of basic necessities and improve employment opportunities, said economist Debapriya Bhattacharya.
10 March 2022, 18:00 PM

RMG shipments to Russia fall, payments hit hurdles: 150 Bangladeshi exporters stare at uncertainty

Shipment of readymade garments from Bangladesh to Russia and the payments from the buyers are declining day by day as the country’s war against Ukraine rages.
10 March 2022, 18:00 PM