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
Musk backtracks on job cuts, says Tesla salaried staff to be ‘fairly flat’
Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker’s total …
Read More »Govt to reprioritise 1,800 projects
The government will reprioritise 1,800 projects currently being implemented in different sectors to reduce pressure …
Read More »Bosphorus sea trade unaffected by war
At the gates of the Black Sea, trade is in full swing as freighters and …
Read More »Govt to miss inflation targets in FY22, next year
The government has set an inflation target of 5.5 per cent for the next fiscal …
Read More »Banks to determine dollar price
Keeping consistency with the market, banks will determine the US dollar price. The instruction was …
Read More »Soaring Prices of Essentials: Life gets expensive
The purchasing capacity of lower and middle-class people of the country have gone beyond their …
Read More »New line to connect Matarbari port with national rail network
The Matarbari deep-sea port will be connected by a train link with the port city …
Read More »Ten companies grab 28pc of weekly DSE turnover
The ten most-traded stocks accounted for 28 per cent of the weekly market turnover on …
Read More »Global food prices fall again but wheat soars
World food prices fell slightly for the second consecutive month in May but wheat prices …
Read More »Foreign aid disbursement up 58pc in 10 months
Foreign assistance disbursement jumped 58 per cent in the current fiscal year’s July-April period thanks …
Read More »Haribhanga farmers eye better prices as Covid curbs go
The harvesting of Haribhanga, a variety of mango native to north-western districts such as Rangpur, …
Read More »Exports slow as raging inflation, uncertainty hit West
Export earnings, the largest source of foreign currencies for Bangladesh, slowed in May reflecting the …
Read More »Trade deficit shoots up 53pc in Jul-Apr
Bangladesh’s trade deficit shot up 53 per cent year-on-year to $27.5 billion in the July-April …
Read More »Land ministry’s Digital Land Tax System wins WSIS Prize
The Ministry of Land of Bangladesh has received this year’s World Summit on the Information …
Read More »Stocks perform mixed, major indices finish flat
Stocks on Tuesday performed mixed with major indices finishing flat. DSEX, the prime index of …
Read More »Push for ethical pricing of RMG items
Leaders of the country’s apparel sector urged the International Labour Organisation (ILO) to place the …
Read More »Upcoming budget to focus on economic recovery, says finance minister
Finance Minister AHM Mustafa Kamal has said the upcoming national budget for the fiscal year …
Read More »Despite $6.07bn injected by Bangladesh Bank in FY22, forex market still unstable
In spite of the injection of $130 million into the market by Bangladesh Bank, volatility …
Read More »Remittance drops in May, piling pressure on forex
Remittance flows to Bangladesh declined 13.15 per cent year-on-year in May as higher rates of …
Read More »Floods ruin paddy yield prospects in Chalan Beel
Paddy farmers in the Chalan Beel region of Rajshahi, Pabna, Sirajganj and Natore are concerned …
Read More »BAFEDA, ABB working on fixing uniform exchange rate
Bangladesh Foreign Exchange Dealers Association (BAFEDA) and Association of Bankers, Bangladesh (ABB) have started working …
Read More »Govt trying to keep global economic impacts on common people at minimum: Kamal
Finance Minister AHM Mustafa Kamal today said that the government is trying hard to keep …
Read More »Sri Lanka’s food crisis worsens
Sri Lanka’s inflation hit a seventh consecutive record at 33.8% in April, as a petrol …
Read More »Bangladesh purchases LNG, fertiliser at lower rates as prices fall in global market
Bangladesh has purchased LNG and fertiliser at lower prices from the international market compared to …
Read More »BB creates Tk 2,000cr refinance scheme for shipbuilding industry
Bangladesh Bank (BB) has formed a Taka 2,000 crore refinance scheme to develop the country’s …
Read More »Experts for higher health budget in FY23
The country’s health sector needs adequate allocation in the upcoming national budget as per the …
Read More »Stocks stop falling riding on regulatory efforts
Stocks bounced back on Thursday amid choppy trading as bargain hunters went on late hours …
Read More »Serbia keen to invest in food storage industry in Bangladesh
Serbian Foreign Affairs Minister Nikola Selakovic has expressed his country’s interest in investing in the …
Read More »Stock index rises as investors rush to buy
General stock investors in Bangladesh rushed to buy stocks yesterday after the regulator lowered the …
Read More »S Korean firm to invest $35m in Bepza EZ
South Korean company HKD Bangladesh is going to establish an industry in Bepza Economic Zone …
Read More »