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
Recent Posts
DSE opens higher, CSE slides
Dhaka stocks opened slightly higher while Chittagong stocks declined marginally on Sunday as investors traded …
Read More »Stop harassing businesses for tax, extend loan moratorium
Top business leaders yesterday urged the government to take steps to put an end to …
Read More »Competition Commission drafts rules to step up inquiry
The Bangladesh Competition Commission (BCC) has drafted rules to complete inquiries within 15 working days …
Read More »Covid-19 won’t affect economy that much this time: Kamal
The rules set by the government for people’s movement during the pandemic will leave little …
Read More »Gas price hike should be gradual
The government should move gradually and reconsider energy companies’ recent proposal to raise gas prices …
Read More »Bangladesh stocks rally as investors stay optimistic
Stocks extended the rally for the fourth straight week that ended on Thursday as the …
Read More »Huntsman Corp set to invest $20m in Bangladesh economic zone
A US-based multinational Huntsman Corporation is set to invest $20 million in an industrial unit …
Read More »Prices of soya bean oil, eggs increase
The prices of soya bean oil and eggs went up on the kitchen markets in …
Read More »Relaxed loan repayment facility extended for shipbuilders
Bangladesh Bank yesterday extended the relaxed loan repayment facility for shipbuilders in a bid to …
Read More »Thakurgaon’s Orange Valley turning heads
Several hundred people from different parts of the country are gathering daily at an orchard …
Read More »Tk 39,000 salary for entry-level private bankers
For the first time in history, Bangladesh Bank yesterday fixed minimum salaries for entry level …
Read More »MSMEs to access receivable financing through digital platforms
The central bank has asked all banks and non-bank financial institutions (NBFIs) to utilize digital …
Read More »Bangladesh Bank tightens grip on forex market
Bangladesh Bank has issued fresh instructions to banks in a bid to avoid any volatility …
Read More »Youths showing the way in smart farming with apps
Agri-Science Society is a volunteer organization working for developing apps to aid digitalization in the …
Read More »DITF draws poor response at new venue
Dhaka International Trade Fair (DITF) at its new venue in Purbachal has failed to attract …
Read More »Stocks keep gaining, low-cap issues dominate gainers’ list
Stocks extended the rally for the fifth consecutive session on Wednesday as the buoyant investors …
Read More »Edible oil prices rise despite govt promise
Consumers have been paying increased prices to buy edible oil, the essential commodity for preparing …
Read More »Oil hits seven-year high
Oil prices hit their highest levels in more than seven years Tuesday, driven in part …
Read More »FBCCI opposes proposal to raise gas price
Businessmen yesterday expressed worries over the energy companies’ latest proposal to raise gas prices, as …
Read More »Tea production hits record
Bangladesh has beat its record in tea production as a total of 96.50 million kilogrammes …
Read More »Govt moves to reopen textile mills thru PPP
With the goal of attracting local and foreign investment to modernise and reopen closed textile …
Read More »BB formulating new policy to tighten exposure to single owner of large loans
Bangladesh Bank (BB) has fixed banks’ single borrower and large exposure lending limit to within …
Read More »BGMEA seeks govt support in addressing RMG sector’s challenges
Leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have sought government support in addressing …
Read More »3 telcos’ 4G internet speed below par in Rangpur
Three out of the country’s four mobile phone operators have failed to provide their customers …
Read More »Inflation hits 13-month high
The point-to-point inflation in December 2021 hit 13-months high at 6.05 per cent as the …
Read More »No price hike for edible oil now, further review needed: minister
The government has no plan to hike edible oil prices in the next 15 days …
Read More »Dhaka stocks continue rising since morning
The benchmark index of the Dhaka Stock Exchange (DSE) continued to rise in the first …
Read More »Focus on light engineering, plastic for faster export growth
Bangladesh needs to shift its product concentration to sectors like plastics and light engineering so …
Read More »Garment, accessory makers form joint panel to boost apparel export
The manufacturers of garment and its accessories today formed a joint committee to expedite export …
Read More »Six inland container depots taking up 60% of cargo volume
An intense competition is ongoing among private inland container depots (ICDs) to see who can …
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