Profit growth signals strong economic rebound

Listed companies across almost all sectors saw their profits rise 8.6 per cent on average in the first quarter of the ongoing fiscal year, indicating that Bangladesh is making a strong economic recovery from the Covid-19 pandemic.
27 November 2021, 18:00 PM

'If there's proof Bangladesh's economy is worse than our neighbours, come to me'

Finance Minister AHM Mustafa Kamal today told the parliament that he does not know who are laundering money abroad and called upon the opposition MPs to provide him the list of money launderers. 
27 November 2021, 13:20 PM

Cashew nut processors in trouble for dearth of raw materials Higher import duty also blamed

Cashew nuts processors in Bangladesh are staring at a grim future because of a shortage of raw materials and higher import duty – an ominous sign that can stymie the growth of the budding industry and render thousands of workers jobless.
25 November 2021, 18:00 PM

SS Steel to spend Tk 20cr to expand

Listed steel product manufacturer SS Steel Ltd will invest Tk 20 crore to expand its business, according to a disclosure on the Dhaka Stock Exchange (DSE) website yesterday.
25 November 2021, 18:00 PM

Getting a fair price while selling gold jewellery

Almost every family possesses gold in the form of ornaments, in small or large quantity.
25 November 2021, 18:00 PM

Price hike of essentials, falling remittance are emerging challenges: MCCI

A recent price rise of essential commodities, decreasing remittances, threat of a new coronavirus wave, and slow vaccine rollout are among the emerging challenges facing the economy of Bangladesh, said the Metropolitan Chamber of Commerce and Industry (MCCI) in Dhaka yesterday.
25 November 2021, 18:00 PM

Reliable data a must for sustainable development

Reliable data helped the government take necessary policy measures in the healthcare and financial sectors to keep people and businesses alive amid the ongoing coronavirus pandemic, according to speakers at a virtual dialogue yesterday.
25 November 2021, 18:00 PM

New Uber features to enhance safety

If any Uber trip takes an unexpected route or makes a deviation, drops or stops midway without any plausible cause such as traffic congestion, Uber representatives will contact the passenger and driver to check on their safety and understand the cause.
24 November 2021, 18:00 PM

Wig-making makes a difference for rural women

Laizu Khatun Lima, a resident of Chandrakhana Balatari village in Kurigram’s Phulbari upazila, has brought a unique job opportunity for many women in the area, especially those from poor families.
24 November 2021, 18:00 PM

No plan to raise fertiliser price: Razzaque

The government will not increase fertiliser prices at the moment even though their prices have risen four times in the international markets, said Agriculture Minister Muhammad Abdur Razzaque yesterday.
24 November 2021, 18:00 PM

Poverty rate unchanged at 20.5pc

Planning Minister MA Mannan yesterday claimed that the poverty rate in Bangladesh remains unchanged at 20.5 per cent despite the economic fallout of Covid-19.
23 November 2021, 18:00 PM

Bangladesh capable of extending trade benefit to LDCs

Bangladesh has the capability to extend trade facilities to least-developed countries after its graduation from the group to a developing nation in 2026, said Commerce Secretary Tapan Kanti Ghosh yesterday.
23 November 2021, 18:00 PM

Step up preparation to ensure smooth transition from LDC

Bangladesh should plan to tackle unemployment, reduce technological gap and ensure transparency in governance to facilitate the country’s smooth graduation from the grouping of least-developed countries, experts said yesterday.
22 November 2021, 18:00 PM

StanChart rolls out pre-shipment loans for garment makers

Standard Chartered has partnered with large global garment buyers and suppliers and disbursed US dollar-denominated pre-shipment loans under a new finance programme, which aims to support more than 20,000 apparel workers in Bangladesh.
22 November 2021, 18:00 PM

Food delivery drivers question gig platforms’ safety nets

From leg amputations in Thailand to hijackings in Nigeria, millions of food delivery drivers around the world find themselves torn between the desperation to make a living and the fear that each ride may be their last.
22 November 2021, 18:00 PM

SKorea approves US$ 100mn loan for Bangladesh’s economic recovery

South Korea has approved USD 100 million from the Economic Development Cooperation Fund (EDCF) to help Bangladesh’s economy recover from the fallout of the coronavirus pandemic.
22 November 2021, 10:15 AM

Munshi inaugurates ICCB’s new office

Commerce Minister Tipu Munshi yesterday inaugurated the national committee secretariat of the International Chamber of Commerce Bangladesh (ICCB) in Gulshan, Dhaka.
21 November 2021, 18:00 PM

Build your own brand

I take pride in sharing with my readers that I was taught branding at Kellogg School of Management by a certain Professor Philip Kotler. At the same time, my piece on “Branding Bangladesh” drew the attention of Simon Anholt, known to be a guru of this subject, who subsequently wrote a piece on nation branding in the local newspaper.
21 November 2021, 18:00 PM

3,000 women entrepreneurs to get digital, financial literacy training

A workshop on basic digital and financial literacy was launched yesterday to enable 3,000 female entrepreneurs of a UNDP marketplace to efficiently operate and expand their business online.
21 November 2021, 18:00 PM

Create a more business-friendly environment

Presenting Bangladesh in a positive light by creating a business enabling environment and simplifying the investment process would help bring in more foreign direct investment (FDI), according to experts.
21 November 2021, 18:00 PM