India’s factory growth rebounded in July

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create new jobs for the first time since the onset of the pandemic, a private sector survey showed on Monday.
2 August 2021, 18:00 PM

Golden Harvest Group appoints new DMD

Golden Harvest Group has recently witnessed the appointment of its new deputy managing director (DMD). 
2 August 2021, 18:00 PM

Mashreq Bangladesh gets chief country representative

Financial institution Mashreq of the United Arab Emirates (UAE) has named Kazi Ziaul Islam as its chief country representative of Mashreq Bangladesh. 
2 August 2021, 18:00 PM

Cattle farming a new hope for haor people

A number of seasonal cattle farms have sprung up at villages found in Sylhet’s haor areas thanks to the availability of naturally-grown grass in the region, providing a much-needed alternative to paddy cultivation.
2 August 2021, 18:00 PM

Let restaurants reopen after Aug 5

Restaurant owners have urged the government to allow their shops to reopen after August 5 as roughly 60,000 enterprises in the sector are at risk of permanent closure due to the ongoing Covid-19 pandemic.
2 August 2021, 18:00 PM

Enhance skills to plug gaps at managerial level

Training institutes and master trainers are highly required to build managerial skills in the country’s workforce and plug the gap in managerial positions at local manufacturing and service industries, according to experts.
1 August 2021, 18:00 PM

Hybrid watermelon varieties buoy farmers’ hopes

Watermelons of all shapes and sizes are currently available in the market but other than satisfying a customer’s craving for the refreshing fruit, its cultivation provides a spectacular view.
1 August 2021, 18:00 PM

Potato prices drop on falling demand

The ongoing lockdown to contain the coronavirus disease has affected demand for potato, leading to a fall in prices of the tuber, one of the most widely consumed vegetables in the country.
1 August 2021, 18:00 PM

Priority for Colombo-bound ships delaying others

A temporary decision to give priority berthing to Colombo-bound vessels at Chattogram port amid a pileup of export containers at private off docks last month is now causing berthing delays for other vessels destined for the two other transhipment ports.
1 August 2021, 18:00 PM

Small traders may go bankrupt

Repeated lockdowns in Bangladesh have pushed shops, particularly small and medium ones, to the verge of closure for good as their income crashed and debt mounted.
1 August 2021, 18:00 PM

Guava farmers grow weary of lockdown

Guava farmer Sunil Halder had travelled to Bhimruli village, a famous floating guava wholesale market in Barishal’s Jhalakathi Sadar upazila, to sell about 74 kilogrammes (kgs) of the fruit last Friday.
31 July 2021, 18:00 PM

Most multinationals draw bigger profits

Most listed multinational companies dealing in construction and pandemic-related products were blessed with a higher year-on-year growth in profits in the first half of the current year.
31 July 2021, 18:00 PM

25 lakh masks sold daily

One and a half years ago, the demand for surgical masks in Bangladesh was met through imports. But the deadly coronavirus pandemic has pushed the local companies to build capacity to produce the essential item locally as the country struggles to tame the contagion.
31 July 2021, 18:00 PM

Rawhide business battered by Covid restrictions

Rawhide traders across Bangladesh have been left disappointed by low prices this year, according to market insiders.
28 July 2021, 18:00 PM

Shikho raises $1.3m seed money

Shikho, a startup aiming to make education accessible and affordable in Bangladesh, yesterday announced raising $1.3 million in seed money, making it the largest round of financing by a local edtech startup yet.
28 July 2021, 18:00 PM

Migrant workers: 5 lakh return since onset of pandemic

The government yesterday approved a Tk 427 crore project to provide one-off cash assistance to two lakh returnee migrant workers, create a database for them and extend other support to improve their skills.
28 July 2021, 18:00 PM

Wheat import drops for pandemic

Wheat import has declined by 15 per cent, or 9.91 lakh tonnes, year-on-year in fiscal 2020-21 for international price hike and a fall in local demand due to the pandemic.
28 July 2021, 18:00 PM

Home appliance assemblers turning into manufacturers

The value-added tax exemption for producing air conditioners, refrigerators and freezers locally has created interest among home appliance manufacturers in Bangladesh as firms are increasingly setting up full-fledged facilities, cutting their reliance on assembling.
28 July 2021, 18:00 PM

UPS beats revenue estimates

United Parcel Service beat Wall Street estimates for second-quarter revenue on Tuesday, helped by ecommerce deliveries, air shipments and specialized handling of healthcare products such as Covid-19 vaccines.
27 July 2021, 18:00 PM

Poor Eid sales disappoint cattle traders

Md Sirajul Islam had brought nine cows from his hometown in Sirajganj’s Shahjadpur upazila to Kaliabazar in Dhaka in hopes of selling them at the cattle market a week ahead of Eid-ul-Azha.
27 July 2021, 18:00 PM