ADB approves $1.78 billion to improve regional trade route in Bangladesh

Asian Development Bank (ADB) today approved a $1.78 billion multitranche financing facility (MFF) to improve mobility, road safety, and regional trade along Dhaka-Sylhet trade corridor in Bangladesh.
27 August 2021, 14:46 PM

Economy showing signs of recovery

Bangladesh’s economy has been showing signs of recovery ever since the fourth quarter of fiscal 2020-21 despite facing various challenges amidst the ongoing Covid-19 pandemic, according to a quarterly analysis by the Metropolitan Chamber of Commerce and Industry (MCCI).
26 August 2021, 18:00 PM

Economy showing signs of recovery: MCCI

Despite some challenges, the economy has been showing some signs of recovery in the fourth quarter of 2021, according to a quarterly analysis of the Metropolitan Chamber of Commerce and Industry (MCCI) today.
26 August 2021, 08:12 AM

Concord gets AA+ credit rating

Real estate firm Concord has recently achieved a AA+ credit rating from the Credit Rating Agency of Bangladesh.  
25 August 2021, 18:00 PM

Effective supply chain a must for safe food

Effective supply chain and commercialisation of agriculture products is a must for availing a safe food value chain as the marketing of perishable items is a big challenge in the country now, stakeholders said at a webinar yesterday.
25 August 2021, 18:00 PM

Railway getting popular among importers

Bangladesh Railway, which operates and maintains all railways in the country, registered remarkable earnings in the last couple of years as the comparatively cheaper and hassle-free mode of transport is gaining popularity among local importers.
25 August 2021, 18:00 PM

Govt warns of action against price manipulators

The government yesterday warned of stern action against people engaging in profiteering or price manipulation of basic commodities as it may upset the currently stable domestic market.
25 August 2021, 18:00 PM

Autogas use on the way up

The number of refuelling stations for liquefied petroleum gas (LPG) or autogas and its consumption are growing fast with the big LPG players ramping up their operations as the government looks to cut dependency on other fossil fuels.
25 August 2021, 18:00 PM

3 key fast-track projects near end

Padma Bridge, Payra Port and Dhaka Metro Rail-6 are among the fast-track projects nearing completion, whereas several others are witnessing a slower than expected implementation rate, according to a progress report.  
25 August 2021, 18:00 PM

Runner Motors wins Eicher sales, service awards

Runner Motors has recently been presented three awards from Indian automotive company Eicher Motors for the highest sales of commercial vehicles and trucks in the overseas market for fiscal 2020-21. 
24 August 2021, 18:00 PM

News In Brief

The government has approved a nearly Tk 210 crore project to establish 64,000 biogas plants to generate renewable energy in rural areas.
24 August 2021, 18:00 PM

ADP spending slows amid Covid restrictions

Implementation of the Annual Development Programme (ADP) in July was 17.22 per cent lower compared to the corresponding month of last fiscal year due to the economic impact of a recent countrywide lockdown.
24 August 2021, 18:00 PM

Low incomes shrink further

The already low incomes of skilled and unskilled workers have been squeezed further for last month’s countrywide lockdown, making it more difficult for them to stay afloat amid the Covid-19 fallout.
24 August 2021, 18:00 PM

Flat prices on the rise

The prices of flats have started to rise in Dhaka ending a three-year stagnation as demand for new homes increased and construction costs surged.
24 August 2021, 18:00 PM

Plan for 1 lakh tonnes of mango export

Agriculture Minister Muhammad Abdur Razzaque yesterday instructed the ministry officials and other agencies concerned to prepare a roadmap to take annual mango exports to 1 lakh tonnes within the next three to five years.
23 August 2021, 18:00 PM

Hi-tech relief from perennial pain

Getting her period at work has always made garment worker Roksana Aktar uncomfortable.
23 August 2021, 18:00 PM

Meghna Group now making ceramic tiles

The Meghna Group of Industries (MGI) has recently entered the domestic ceramic industry by establishing its own Fresh Ceramics brand.
23 August 2021, 18:00 PM

Soaring freight rates fuel commodity prices

Essential commodities such as edible oil, wheat and sugar have become costlier in Bangladesh as their prices rose in the international markets because of the supply crunch and increased shipping costs, hitting the pocketbooks of consumers.
21 August 2021, 18:00 PM

Austerity saves Tk 12,000cr

The government has saved about Tk 12,000 crore by embracing austerity in purchasing cars for its officials since the pandemic struck Bangladesh, a development that offers the scope to look into how to cut costs.   
21 August 2021, 18:00 PM

Post office giving higher returns than banks

If you ever paid a visit to the General Post Office (GPO) in Dhaka’s Gulistan area, you may have noticed a queue of people waiting to avail services inside the main hall.
19 August 2021, 18:00 PM