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
IDCOL seeks $166m loan to make textile sector energy efficient
The Infrastructure Development Company Limited is one of the two local direct access accredited entities …
Read More »5% tax at source for up to Tk5 lakh in savings tools, says Mustafa Kamal
The 10% tax at source provision included in the budget would remain unchanged for investment …
Read More »Experts for speeding up project work
Experts on Monday said that although the country’s economy is expanding with a steady GDP …
Read More »BIFC losses mount as no progress in loan recovery
Losses of struggling Bangladesh Industrial Finance Company keep mounting with the non-bank financial institution making …
Read More »Pharma ingredient makers demand more tax benefits
Bangladesh API and Intermediaries Manufacturers Association has demanded more tax benefits in line with a …
Read More »Stocks gain for 3rd day on MPS hopes
Dhaka stocks increased for the third day on Monday as investors continued buying shares amid …
Read More »DSE, CSE end higher amid cautious trading
Both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) finished higher on Monday as …
Read More »5pc source tax for savings tools up to Tk 5 lakh: Kamal
Finance Minister AHM Mustafa Kamal today said that five percent tax at source would be …
Read More »Stocks today witnessed upward trends as major indices of both Dhaka and Chittagong Stock Exchanges rose up on higher activities of some large-cap securities. The broader DSEX of DSE closed the day with 26.81 points up at 5,160.75. The blue-chip DS30 and the Shariah DSES also followed the same trend with 4.75 points up at 1,844.30 and with 10.04 points up at 1,186.53. At DSE, out of the day’s 353 securities, prices of 242 securities closed higher against 93 losing issues. The day’s trade value at DSE increased to Taka 437.77 crore from Sunday’s Taka 406 crore. But, the daily trade fell to 14.46 crore share from 15.47 crore share of the previous session. The major gaining issues were DSHGARME, Monno Ceramics, SEMLFBSLGF, Sonar Bangladesh Insurance and Intech. The major losing issues were VAMLRBBF, Emerald Oil, VAMLBDMF1, NCCBLMF1 and EBL1STMF. Fortune topped the turnover list followed by UPGDCL, BSC, Square Pharma and Monno Ceramics. The Chittagong Stock Exchange (CSE) closed the day of the week with upward trends with its major CASPI 78.18 points up at 15,794.96. At CSE, 276 issues were traded. Of those, 179 closed higher and 75 closed lower.
The country’s economy is expanding with a steady GDP growth rate of 8.1 percent, but …
Read More »Stocks witness upward trend on large-cap vibe
Stocks today witnessed upward trends as major indices of both Dhaka and Chittagong Stock Exchanges …
Read More »Asia markets down as US-China trade talks loom
Asia markets were mostly down Monday, with investors cautious ahead of US-China talks in Shanghai …
Read More »Forced labour to high finance: Hong Kong investor’s unlikely journey
Exiled to the Gobi Desert at the age of 15, Weijian Shan’s days were marked …
Read More »Cautious hopes before new round of US-China trade talks
US trade negotiators return to China this week for a fresh round of talks in …
Read More »After a year of Trump pressure, US Fed struggles to communicate
For the first time since the Great Recession a decade ago, the US Federal Reserve …
Read More »Businesses won’t be harassed: NBR
National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan on Saturday assured the business …
Read More »53 business entities get over 6000 acres land in BSMSN
Bangladesh Economic Zones Authority (BEZA) has already allocated over 6,000 acres of land among the …
Read More »Huawei’s ties with partners FedEx, Flex fray on US-China tensions
Chinese authorities investigating FedEx suspect it illegally held back the Huawei packages and that it …
Read More »Huawei rolls out 5G phone and flags first Hongmeng device
Huawei, which is grappling with sanctions from Washington that threaten to cut its access to …
Read More »Bangladesh’s ICT industry grows 40% annually, says UNCTAD
Bangladesh has laid down an exemplary digital foundation and is striving to prepare its citizens …
Read More »Banks asked to stall farm loan instalments in flood-hit districts
They are also directed to carry out relief activities The Bangladesh Bank (BB) on Wednesday …
Read More »352 vessels with 0.5m tons of goods remain stranded
The transportation of goods from Chittagong to all over the country has faced disruption due …
Read More »TCB asked to run OMS to keep prices of essentials stable ahead of Eid
Globally, the prices of a ton of onion rose to $231.42, which was $212.90 a …
Read More »Trade war with US hits business confidence in China
China’s campaign to boost loans to small firms was supposed to support the economy during …
Read More »Unique group to install 584 MW pp in Meghnaghat
Unique group is going to set up a combined-cycle power plant having a peak capacity …
Read More »EU to provide 142m Euro for strengthening public finance, social security
The European Union(EU) will provide 142 million Euros to support key national reform agenda in …
Read More »Govt to procure one lakh EFDs to expedite collection of VAT
The Cabinet Committee on Public Purchase today approved a proposal for procuring some one lakh …
Read More »Govt to procure 1 lakh EFDs to expedite collection of VAT
The Cabinet Committee on Public Purchase on Wednesday approved a proposal for procuring some one …
Read More »Local firm to set up $200m plant to make electric vehicle
Local automobile company Bangladesh Auto Industries Ltd (BAIL) is all set to make electric vehicles …
Read More »Govt draws up plan to face impact of LDC graduation
The government has prepared a plan to face the impact of Bangladesh’s graduation from the …
Read More »BHP to invest $400m to curb climate-changing emissions
The world’s biggest listed miner BHP said on Tuesday it would invest $400 million ( …
Read More »