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 …
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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 …
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Steel manufacturers suffer from skyrocketing operational costs
The country’s steel sector experienced a 65% jump in operational cost in the last one …
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State Minister: RMG workers will get salary, bonus before Eid
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Prottoy Scheme launched under universal pension system
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BB to start exchange of new notes from 31 March
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Excess liquidity in banks dips in Jan
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Will PRAN Smartphones Attract The Young?
PRAN–RFL group which announced venturing into the highly-competitive handset market early this year, is set …
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Is Bangladesh A Testing Ground For De-Dollarisation?
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Tumultuous Politics Turning Confrontational
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Electronics Makers Dream On
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DSE, CSE continue losing streak
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Further delaying climate policies will hurt economic growth
The world must cut greenhouse gas emissions by at least a quarter before the end …
Read More »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?
On Sept 15, Bangladesh Bank asked local commercial banks to open accounts in corresponding banks …
Read More »Bangladesh is now a global leader in green factories
With 173 green factories accredited by the US Green Building Council’s (USGBC) Leadership in Energy …
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The new repo rate — the interest rate at which banks borrow short-term funds — …
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Private sector credit growth rose to 14.07 percent year-on-year in August mainly driven by a …
Read More »Bangladesh receives $1,539.49m remittance in September
Expatriate Bangladeshis sent around US$ 1,539.49 million remittances during the month of September in the …
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The government has U-turned on plans to scrap the 45p rate of income tax for …
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Ms Intex Link Garments (BD) Limited is going to set up a Garments industry in …
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Trading on the alternative trading board (ATB) of Dhaka bourse is likely to begin at …
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The Bangladesh Bank has given more emphasis on bond market development for long-term financing to …
Read More »Policy sets six-year action plan to develop light engineering sector
The government has issued Light Engineering Industry Development Policy 2022, setting an action plan with …
Read More »Oil jumps $4
Oil prices jumped by about $4 on Monday as Opec+ considers reducing output by more …
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The slowdown in demand and stronger US dollar worldwide has pushed down cotton prices in …
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One of the Rampal power plant’s two units was inaugurated last month but it still …
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Planning Minister MA Mannan yesterday claimed that inflation in Bangladesh has come down notably although …
Read More »Tumultuous Politics Turning Confrontational
The recent spate of clashes between the Awami League and BNP supporters across the country …
Read More »RMG exports to EU see 44.6% YoY growth in the H1 of 2022
Bangladesh’s apparel export to the European Union (EU) rose by 44.6% to $11.31 billion during …
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The Central Bank set the private sector credit growth of 14.1% for this fiscal year, …
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The export of RMG items to European Union (EU) has witnessed a robust growth of …
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Ten most-traded firms accounted for 41 per cent of transactions on the Dhaka Stock Exchange …
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The World Bank has announced $530 million in supplemental funding for Ukraine to enable it …
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The number of Bangladeshi workers who headed to the Middle East countries in search of …
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The Dhaka Stock Exchange (DSE) rose for the third consecutive day today. The DSEX, the …
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The mobile financial service (MFS) sector in Bangladesh has been on a tear, with the …
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Although banks are registering increased deposits, tax collection from interest earnings of savers has slowed …
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Bangladesh Bank on Wednesday increased the ceiling of the rate at which Bangladeshis could secure …
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Global supply chain disruptions and price hikes amid aggressive policy rate spike by the US …
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The Ministry of Commerce has accepted the proposal for issuing trade licenses for at least …
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