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
Suspend transactions with Russian banks
Global payments messaging network SWIFT has asked Bangladesh’s banks to suspend transactions with seven Russian …
Read More »Banking on floating market to trade farm products
The Boithakata floating market on the Belua river in Pirojpur has transformed into a major …
Read More »Govt to seek removal of anti-dumping duty on jute
Bangladesh will again urge India to withdraw the anti-dumping duty (ADD) on locally produced jute …
Read More »Agreement signed for $157m ADB loan to mitigate flood risks in Bangladesh
The Asian Development Bank (ADB) and the government of Bangladesh today signed a loan agreement …
Read More »Brent oil exceeds $111 per barrel for first time since July 2014
The price for May 2022 futures contracts for Brent oil increased 5.83% on London’s ICE, …
Read More »Local textile sales double in five years
The textile market in Bangladesh is growing at a faster clip as annual sales have …
Read More »Rosatom rules out delays in Rooppur power plant
Rosatom, the contractor of the Rooppur Nuclear Power Plant, dismissed the notion of potential delays …
Read More »SME loan in only seven days for online entrepreneurs
Microfinance institution Shakti Foundation in collaboration with Delivery Tiger, a logistics platform, launched ‘e-Loan’ product …
Read More »Remittances hit 22-month low
Remittances declined 16 per cent year-on-year to $1.49 billion in February, the lowest in the …
Read More »Tube well makers passing hard times
Tube well manufacturers in Bogura are going through hard times as the costs of raw …
Read More »ADP to see sharpest cut in six years
The government is expected to trim the development budget by 7.88 per cent to Tk …
Read More »Government targets $80b in exports in the new export policy
The Cabinet on Sunday gave its approval to the draft “Export Policy 2021-24” with a …
Read More »Crude oil prices rise, Ruble sinks on Russia sanctions
Crude oil prices and safe havens surged Monday while the ruble and European equities sank …
Read More »2 Bangladeshi cos keen to invest in Nepalese hydropower
Two Bangladeshi power companies — United Group, Confidence Group— have shown interest in investing in …
Read More »Tk 2.07t revised development budget set to be approved
The government is likely to approve a Tk 2.07-trillion revised annual development programme (RADP) for …
Read More »Visa, Mastercard block multiple Russian financial institutions after government sanctions
US payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions …
Read More »Traders raise soya bean oil price again
Traders raised the price of edible oil again taking the price of one litre packaged …
Read More »Russian ruble tanks 30pc
Russia’s ruble plunged nearly 30 per cent against the dollar Monday after world powers imposed …
Read More »Over $600m garment exports to Russia at risk
Bangladesh will lose one of the most promising apparel export destinations if various Russian lenders …
Read More »Construction of state economic zones taking too long
The implementation of the government’s plan to bring about large-scale industrialisation is in the slow …
Read More »Ensure quality data to achieve SDGs
Bangladesh’s progress in terms of achieving the sustainable development goals (SDGs) has been quite exceptional …
Read More »Stocks return to the black
Bangladesh’s stocks bounced back yesterday enabling investors to recoup some of their losses incurred in …
Read More »Insurance claim settlement rate still low
The claim settlement rate of life and non-life insurance companies in Bangladesh still lags behind …
Read More »Oil prices break $100 on Russian ‘military operation’ in Ukraine
Oil prices soared past $100 for the first time in more than seven years on …
Read More »Textile issues grab 16.30pc of market turnover on DSE
Broad index of Dhaka Stock Exchange (DSE) on Wednesday rose marginally and broke the losing …
Read More »Bangladesh to get more FDI: Kamal
Finance Minister AHM Mustafa Kamal expressed his high optimism that Bangladesh would get more foreign …
Read More »Land ready to develop Japanese economic zone: Kamal
A total of 1,000 acres of land in Araihazar upazila of Narayanganj has been prepared …
Read More »BIDA introduces eight more services to online OSS centre
Bangladesh Investment Development Authority (BIDA) has included eight more services of four organisations with its …
Read More »Cut taxes on essentials to give respite to people
Amid higher inflation, the Centre for Policy Dialogue (CPD) yesterday called for cutting duties and …
Read More »‘Swissleaks’ investigation exposes how Credit Suisse bank handled dirty money
Credit Suisse bank, still reeling from losing billions of dollars last year, faced a fresh …
Read More »