Production of local medicine raw materials, better known as active pharmaceutical ingredients (API), holds huge forex-earning potential but faces a host of headwinds from within, industry-insiders have said. They say the emerging sector has been facing lack of sufficient investment, including bank finance, at a time when it can spread …
Read More »Top Post
Sales of ACs, electric fans heat up
Demand for air conditioners, electric fans and rechargeable fans in the capital Dhaka has surged amid a sizzling hot summer in the country. According to the Bangladesh Meteorological Department, temperature in the capital rose to a 58-year record high to hit 40.6°C on Sunday. Dhaka was one of the 13 …
Read More »-
Steel manufacturers suffer from skyrocketing operational costs
The country’s steel sector experienced a 65% jump in operational cost in the last one …
Read More » -
State Minister: RMG workers will get salary, bonus before Eid
-
Prottoy Scheme launched under universal pension system
-
BB to start exchange of new notes from 31 March
-
Excess liquidity in banks dips in Jan
-
Will PRAN Smartphones Attract The Young?
PRAN–RFL group which announced venturing into the highly-competitive handset market early this year, is set …
Read More » -
Is Bangladesh A Testing Ground For De-Dollarisation?
-
Tumultuous Politics Turning Confrontational
-
Electronics Makers Dream On
-
DSE, CSE continue losing streak
Recent Posts
Consumers supporting US economy amid manufacturing slump
American consumers appear to be carrying the US economy in their shopping carts as manufacturing …
Read More »Current state of economy is good: Kamal
Finance Minister AHM Mustafa Kamal today said the current state of the country’s economy is …
Read More »Inviting int’l bidding for gas exploration in a year: Nasrul
The government is planning to invite international bidding within a year for oil and gas …
Read More »BTRC scraps 124 VSP licences
In a notice on August 5, the telecom regulator said that 106 VSPs failed to …
Read More »Dengue fear pushes up mosquito coil sales
Traders, however, have attributed the rise in the sale to cheaper prices and availability Sales …
Read More »Canadian retailer Loblaws off the hook over Rana Plaza disaster
One of the country’s largest retailers is finally off the hook for the devastating collapse …
Read More »Experts laud country’s export growth
Welcoming the Bangladesh’s second position in the World Trade Organization (WTO) export growth index, leading …
Read More »Asian markets mixed as dealers fret over US-China trade talks
Asian markets were mixed Monday with investors gripped by concerns about the US-China trade war …
Read More »All factories paid wages, bonuses: BGMEA
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today said all the factories paid wages and …
Read More »Decision to allow rawhide export delights merchants, disappoints leather entrepreneurs
The prices people get for cattle slaughtered on Eid-ul-Azha are “not reasonable” and the latest …
Read More »Piles of thousands of unsold rawhides ruin on Chattogram streets
Chattogram City Corporation workers started removing the rawhide from the streets of Aturar Depot, Muradpur …
Read More »Govt to allow rawhide export in order to ensure fair price
The commerce ministry called for the traders’ help to ensure that rawhide is traded at …
Read More »Reliance-Microsoft cloud tie-up poses threat to Amazon, Google in India
India’s Reliance Industries Ltd (RELI.NS) on Monday announced a partnership with Microsoft’s (MSFT.O) Azure cloud …
Read More »Price drop disappoints cattle traders in Dhaka on eve of Eid
Traders from Kushtia, Chuadanga and Pabna said on Sunday the more they sold cattle, the …
Read More »European stocks and pound slide on Italy, UK woes
Stock markets slumped and the pound hit a fresh two-year low against the euro Friday …
Read More »TigerIT refutes World Bank allegations of irregularities in national smartcard project
It issued a statement on Tuesday saying the bdnews24.com report on Word Bank sanctions on …
Read More »US stocks gain as Chinese yuan stabilizes
Wall Street stocks bounced on Tuesday, ending a multi-session losing streak as China moved to …
Read More »Global stocks mixed as China holds fire in currency spat
Global stock markets were mixed on Tuesday, with Wall Street snapping a multi-session losing streak, …
Read More »Asia markets extend losses despite Wall Street gains
Asian markets largely extended their losses on Wednesday despite Wall Street registering strong gains as …
Read More »Housing ‘crisis’ tests Saudi reform drive
Saudi Arabia is building a futuristic megacity with promises of talking robots and flying taxis, …
Read More »China yuan weakens after signs of stability calm markets
China’s yuan weakened again Wednesday after hopes among financial traders that the decline was stabilizing …
Read More »‘5.0pc tax for up to Tk 0.5m investment in savings certificates’
Finance Minister AHM Mustafa Kamal has said five per cent tax at source will be …
Read More »Industrial sector’s contribution to GDP to reach 40pc by 2021: Humayun
Industries minister Nurul Majid Mahmud Humayun today (Sunday) said contribution of industrial sector to GDP …
Read More »Liquidity shortage pushes up private banks’ deposit rates
The ongoing liquidity crunch has forced many private commercial banks to raise their deposit rates, …
Read More »BIDA’s tax-reform recipe to NBR
The Bangladesh Investment Development Authority (BIDA) has requested the National Board of Revenue (NBR) to …
Read More »DSE, CSE slip into red ahead of MPS
Stocks slipped into the red on Tuesday as investors were mostly on selling spree amid …
Read More »Powdered milk imports soar on rising demand
Powdered milk imports are spiralling on the back of increased demand from a section of …
Read More »First big US offshore wind project hits snag
Trump administration infighting is holding up approval of the first major US offshore wind energy …
Read More »‘Market is big enough for growth’
As public transport in Bangladesh is not adequate, there is scope for the ridesharing services …
Read More »One-third of NBFIs in dire straits
Imprudent lending, regulatory lapses blamed Financial health of at least one-third of Non-Bank Financial Institutions …
Read More »