Current News

Commerce Minister Tipu Munshi on Sunday said Bangladesh has achieved high economic growth due to strides by finding new markets for its exports, attracting large number of foreign investors and investing in a variety of mega modernization projects.

The mobile industry’s combined investment fell 19 per cent year-on-year to Tk 3,695.72 crore in 2019, the lowest in recent years, as the regulatory regime continues to spook the foreign owners of the top three carriers.

The Trading Corporation of Bangladesh (TCB) has sought logistic support to carry out countrywide open market sale (OMS) of essential commodities through trucks ahead of Ramada, officials said.

A top US trade official for South and Central Asia has said Bangladesh has emerged as the third largest readymade garment (RMG) product supplier to the United States after China and Vietnam.

Domestic electronic goods manufacturers have sought 20-per cent cash incentive for the next 10 years to promote and diversify the sector, officials said.

There is nothing to be worried about preferential treatment of Bangladesh in the European Union even after the country’s graduation from LDC (least developed country) status in 2024, a German diplomat said in Dhaka on Wednesday.

Almost all species of fishes, including Hilsa, and edible oil became costlier last week increasing sufferings of the consumers who were hit hard by price hike of many other essential commodities.

Export earnings in February edged down 1.80 per cent year-on-year to $3.32 billion mainly because of a slowdown in apparel shipment, according to data from the Export Promotion Bureau (EPB).

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.3%. Australian shares were down 1.64%, while Japan’s Nikkei stock index slid 2.29%.

Unique saw 13.5 percent of its share values wiped off the Dhaka Stock Exchange in nine business days since her arrest on Feb 22 and subsequent expulsion from the Jubo Mohila League for allegedly running escort services at the five-star hotel.