Stock turnover hits 3-month high

Investors are pouring money into stocks pinning hopes on the higher profit declarations by the listed companies for the latest quarter.
2 May 2021, 18:00 PM

Business confidence hits rock bottom: survey

Business confidence in Bangladesh plunged to 41.39 points for the April to June quarter, the lowest level in a year, as an alarming surge in coronavirus infections has deepened uncertainty and threatened the economic recovery, according to a new survey.
2 May 2021, 18:00 PM

Beximco profits Tk 77 from each vaccine dose

Vaccine imports from India contributed to 40 per cent higher profits for Beximco Pharmaceuticals in the past nine months.
2 May 2021, 18:00 PM

Remittances past $20b in 10 months

Remittance inflow surpassed the $20-billion mark in the first 10 months of this fiscal year riding on the relentless efforts of migrant workers to send their hard-earned money home through banking channels.
2 May 2021, 18:00 PM

Exports fetch $3.13b in April

Earnings from merchandise exports surged as much as six times year-on-year to $3.13 billion in April thanks to a rebound in apparel shipment buoyed by the reopening of the economies in the US and Europe.
2 May 2021, 18:00 PM

Stocks rise for eighth day

Stocks have continued to rise for the last eight days of trade due to increased participation of investors despite the coronavirus pandemic.
25 April 2021, 18:00 PM

Online orders boost home appliance sales

Home appliance makers and retailers are witnessing better sales than previous year on the back of online shopping, promotional offers and free delivery ahead of Eid-ul-Fitr.
25 April 2021, 18:00 PM

GDP growth target cut again

The government has revised down the GDP growth projection to 6.1 per cent for 2020-21, the second revision this fiscal year, reflecting the devastating impacts of the second wave of the coronavirus pandemic on the battered economy.
25 April 2021, 18:00 PM

Low-cost, cleaner production processes paying off

Bangladesh’s textile and garment factories have significantly cut water and energy consumption by adopting low-cost and cleaner production processes and installing new technologies under a programme initiated by the International Finance Corporation (IFC).
25 April 2021, 18:00 PM

Sow early ripening paddy to reduce flood risks

The government is putting emphasis on the cultivation of early ripening varieties of paddy to reduce risks of flood damage and ensure an adequate supply of the popular grain, according to Agriculture Minister Muhammad Abdur Razzaque.
25 April 2021, 18:00 PM

Reliance Insurance approves 25pc cash dividend

Reliance Insurance has approved 25 per cent cash dividend for 2020.
25 April 2021, 18:00 PM

Garment workers vulnerable for poor living conditions: survey

Garment worker are still in a vulnerable position as they can hardly follow health protocols to protect themselves from the coronavirus, according a paper presented at a webinar yesterday.
25 April 2021, 18:00 PM

Losses piling up for Kuakata hoteliers

At least 20 of the 30 staffers employed by Khan Palace, a residential hotel in Kuakata beach town of Patuakhali district, have been put on administrative leave due to the ongoing coronavirus pandemic.
25 April 2021, 18:00 PM

Garment makers want more stimulus

Garment factory owners are demanding more stimulus funds from the government to pay three months’ salaries alongside festival allowances to workers.
25 April 2021, 18:00 PM

Higher earnings raise IPDC’s stock price

Stocks of IPDC Finance rose 2.08 per cent to Tk 24.50 yesterday thanks to the higher earnings declaration by the company in the first quarter of the current year.
25 April 2021, 18:00 PM

Yardlong bean farmers over the moon with bumper yields

Farmers that cultivated yardlong bean in fallow lands in two unions of Kulaura upazila in Sylhet’s Moulvibazar district are enjoying tremendous success thanks to bumper yields and a reasonable market price.
24 April 2021, 18:00 PM

Stopping barrage of promotional messages just a dial away

Mobile phone users can stop receiving promotional messages on their handsets by dialling codes, said the Bangladesh Telecommunication Regulatory Commission (BTRC) in a notice yesterday.
24 April 2021, 18:00 PM

Govt to expand safety net

The government has already provided seasonal assistance to about 10 lakh people living below the poverty line and will expand such social protection programmes to curb the adverse effects of any future economic shock, according to Finance Minister AHM Mustafa Kamal.
24 April 2021, 18:00 PM

Customers can stop promotional texts on mobile phone through ‘Do Not Disturb’ service

Customers will be able to stop the flow of promotional texts on mobile phones through the "Do Not Disturb (DND)" service.
24 April 2021, 12:08 PM

Stocks extend rising streak

The stock market continued to rise for a fourth day yesterday following the two-day weekend thanks to a curious increase in share prices of non-bank financial institutions (NBFIs).
18 April 2021, 18:00 PM