Business Multimedia

Knitwear’s journey to become top RMG exporter

The emergence of the Covid-19 pandemic has disrupted garment export from all apparel-producing nations, but the case was different for Bangladesh. Most of the garment factories remained open during the whole pandemic. After remaining slow for a brief period, apparel shipment from Bangladesh continued rising and knitwear played the biggest role here too. Now knitwear is the biggest foreign currency earner for Bangladesh’s garments sector. How did knitwear become Bangladesh’s biggest garment exporter? Can knitwear maintain this rising export trend?
13 October 2022, 14:17 PM

Why are share prices of well-performing firms falling?

The Russia-Ukraine war has affected the whole world. Bangladesh has also become victim of it, as inflation in the south Asian country is increasing now when its foreign currency reserve is depleting. But at the same time, the share prices of well-performing companies are decreasing and stocks of firms with small capital are rising.
12 October 2022, 14:03 PM

How was last week’s stock market

The prime index of the Dhaka Stock Exchange gained 56 points last week from the previous week. The index rose majority of the trading days though most of the stocks were almost buyerless.
8 October 2022, 17:00 PM

Why is remittance decreasing but imports rising?

Manpower export from Bangladesh rose 185 per cent year-on-year in the first eight months—which is a record. However, remittance inflow and export earnings fell in September when the country’s import volume continue increasing.
4 October 2022, 15:45 PM

Dwarakanath Tagore: The forefather of bank defaulted loans

Bank owners’ corruption and loan defaults are not new in Bangladesh.
30 September 2022, 09:48 AM

Price hike of essentials: Are we at the mercy of a select few businesses?

The increase in prices of daily necessities has resulted in instability in the country’s markets. In response to this situation, Bangladesh Competition Commission has filed 44 cases against 36 individuals and companies, accusing them of creating an artificial crisis in the market. 
28 September 2022, 14:20 PM

How did Bangladesh become champion in green garment factory?

Three garment factories of Bangladesh have recently received green garment factory certificate. Now the country has 171 green garment factories, the highest in the world. Applications of 550 more have already been submitted for such licence. But what is actually a green garment factory? How will Bangladesh be benefited with green garment factory? Where does the green garment factory license come from?
24 September 2022, 14:19 PM

How was last week’s stock market

The prime index of the Dhaka Stock Exchange fell 45 points last week from the previous week. Though the index rose majority of the trading days but the week experienced a falling trend at the end.
17 September 2022, 16:58 PM

Will Bangladesh be benefited from India’s free transit?

India for the first time has proposed extending free transit to Bangladesh for export. India has never offered any such facility to Bangladesh.
17 September 2022, 05:46 AM

Why did denim export fall by 40%?

It is said that Bangladesh makes one out of every three denim sold in Europe. Globally $64 billion worth denim jeans were sold in 2022 and Bangladesh holds around 24.6 percent share of the global denim market. But unfortunately, denim exports from Bangladesh fell 40 percent this year.
11 September 2022, 14:11 PM

How was last week’s stock market

The prime index of the Dhaka Stock Exchange rose 52 points last week from the previous week. Though the index dropped first two trading days but the week experienced a rising trend at the end.
10 September 2022, 19:13 PM

Can Bangladesh conquer 10% of global RMG market by 2025?

Bangladesh currently holds 6.8 percent share of the global garments market. In the last two years, the country’s apparel sector’s supply chain got disrupted due to the Covid-19 pandemic, and later by the Ukraine-Russia war.
10 September 2022, 15:00 PM

Why did Doel laptop fail to meet expectations?

The government launched Doel laptop to provide people with laptop at low cost. State-owned Telephone Shilpa Sangstha brought the laptop in 2011. But the gadget failed to create any buzz in the market. This much-hyped laptop can hardly be seen today. Why did the laptop fail? What is the present condition of the project and can the project ever turnaround? In this Straight from Star Newsroom, Khondoker Md Shoyeb is trying to find the answers to the questions with The Daily Star’s reporter Mahmudul Hasan.
6 September 2022, 14:00 PM

Bangladesh's current financial sector challenges, prospects

Bangladesh's financial sector is facing various challenges due to the Covid-19 pandemic and the Russia-Ukraine war.
28 August 2022, 13:36 PM

How was last week’s stock market

The prime index of the Dhaka Stock Exchange rose 113 points last week from the previous week. The whole week experienced a rising trend except one day.
27 August 2022, 17:03 PM

Powdered moringa leaves from Khulna’s Dumuria being exported to Dubai

Nabadip Mallik, a farmer from Khulna, has grown moringa leaves for commercial sale.
24 August 2022, 04:46 AM

How much profit banks make from dollar sales?

Banks can make a maximum profit of Tk 1 by selling each US dollar -- such a rule was already there. But the importers and exporters are saying that the banks are making a profit of around Tk 15-20 per dollar. In this situation, Bangladesh Bank has again instructed banks to keep the dollar sale profit margin to a maximum of Tk 1. But why did this situation arise, why did the banks have to be reminded of the rules again and what steps the central bank are taking now to keep the dollar market stable?
17 August 2022, 14:00 PM

Rising spending VS general people

The spiraling global prices of food and fuel have hit hard the local market in Bangladesh. The continuous depreciation of the taka against the US dollar has made the situation worse. People now have to spend more for every item, including pulse, oil and egg. People with fixed income are bearing the brunt as their income did not increase keeping pace with the rising spending.
14 August 2022, 14:49 PM

How was last week’s stock market

The prime index of the Dhaka Stock Exchange plunged 163 points last week from the previous week. The whole week experienced a bearish trend except Sunday.
13 August 2022, 17:07 PM

How was last week’s stock market

The prime index of the Dhaka Stock Exchange fell 36 points last week from the previous week. The whole week experienced a bearish trend except two-day’s slight rise.
30 July 2022, 16:58 PM