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
Two panels formed to start Cepa talks with India
The commerce ministry has formed two separate committees to start negotiations with India over signing …
Read More »Private wheat imports slump 45%
Wheat imports by the private sector have continued to remain low in Bangladesh than the …
Read More »Jewellers want 10-year tax holiday for gold refinery
Jewellers on Tuesday demanded a ten-year tax holiday for local gold refineries to boost the …
Read More »Experts suggest budget reforms for higher tax revenue
Experts on Tuesday emphasized the need for measures to enhance tax revenue, commence automation of …
Read More »Experts: Proposed amendments to Banking Act insufficient for good governance
The proposed Bank Company (Amendment) Act-2023 still falls short in some crucial ways necessary to …
Read More »SCB hosts iftar and doa mahfil
Shippers’ Council of Bangladesh (SCB) hosted an iftar and doa mahfil on Tuesday at Samson …
Read More »Bangladesh bank server collapsed for 6 hours
Bangladesh Bank was ultimately able to restore its server six hours after it had gone …
Read More »Petrobangla working to end foreign company’s monopoly in pre-paid gas metering system
Petrobangla has initiated a move to bring an end to the existing monopoly of a …
Read More »WB keeps Bangladesh’s growth forecast unchanged at 5.2pc
The World Bank (WB) has kept its GDP growth forecast for Bangladesh unchanged at 5.2 …
Read More »Asian markets drop as recession talk builds
Growing fears of a US recession weighed on equities Thursday as traders gear up for …
Read More »BPDB renews PPA with 100 MW PowerPac Mutiara Keraniganj plant for two years
Bangladesh Power Development Board (BPDB) has renewed its power purchase agreement (PPA) with PowerPac Mutiara …
Read More »Kuakata sees drastic fall in tourists for Ramadan
The number of tourists flocking to Kuakata Beach has fallen drastically since the middle of …
Read More »Bangabazar fire also affects its suppliers
The fire at Bangabazar on Tuesday morning not only affected shop owners at the apparel …
Read More »Financial account deficit widens
The deficit in Bangladesh’s financial account widened substantially in the first eight months of the …
Read More »Export earnings reach $41.72b in July-March
The country’s export earnings from goods during the July-March period of the current fiscal year …
Read More »Govt committed to make best business friendly rules, regulations: Law Minister
Law Minister Anisul Huq today said that the government is committed to make the best …
Read More »Inward remittance hits record high $2.02b in March
Inward remittance flow to Bangladesh witnessed a seven-month high in March as expatriate Bangladeshis sent …
Read More »Arbitration act should be reviewed to attract more FDI: businesses
Businesses on Sunday said that the Arbitration Act should be reviewed for quick dispute settlement …
Read More »Upcoming budget will not be over-ambitious
The budget for the upcoming fiscal year of 2023-24 will not be over-ambitious considering the …
Read More »9% interest rate cap on loans set to go in July
The Bangladesh Bank has finally agreed to move away from the 9 per cent interest …
Read More »BB decides to give NBFI licence to Nagad Finance
Bangladesh Bank yesterday decided to give Nagad Finance PLC the licence to perform as a …
Read More »Preferential trade deal with Indonesia likely soon
Commerce Minister Tipu Munshi yesterday expected that Bangladesh and Indonesia would be able to ink …
Read More »Export earnings drop after four months
Export earnings dropped for the first time in five months in March because of a …
Read More »EU’s RMG import from Bangladesh saw 35.69% growth in 2022
Apparel import to the European Union (EU) – the largest destination for Bangladesh’s readymade garment …
Read More »Commercial farming of vannamei shrimp gets govt nod
The government has allowed the commercial farming of vannamei shrimp, two years after giving permission …
Read More »Govt approves 4 procurement proposals
The Cabinet Committee on Government Purchase (CCGP) approved on Thursday four separate procurement proposals in …
Read More »UK-Asia trade deal to boost UK economy by 0.08pc
The UK has signed a deal to join a trade pact with 11 Asia and …
Read More »Bangladesh wants EU to keep support measures in place for 6yrs after graduation
Bangladesh has asked the European Union (EU) to extend International Support Measures (ISM) for six …
Read More »India aims to internationalise rupee in foreign trade
India’s new foreign trade policy, to be adopted from Apr 1, will take steps to …
Read More »Full customs automation delayed
The implementation of a fully automated customs process has been delayed due to the absence …
Read More »