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Stocks on Tuesday performed mixed with major indices finishing flat. DSEX, the prime index of the DSE, went up by 4.20 points or 0.06 per cent to settle at 6,392.86. The DSE Shariah Index (DSES) also gained 2.04 points to finish at 1,403.53. But the DSE 30 Index, comprising blue …

Leaders of the country’s apparel sector urged the International Labour Organisation (ILO) to place the issue of ethical pricing of garment items in different global forums to ensure a sustainable industry. They made the call when a visiting Bangladeshi delegation comprising leaders of the Bangladesh Employers’ Federation (BEF), Bangladesh Garment …

Finance Minister AHM Mustafa Kamal has said the upcoming national budget for the fiscal year 2022-23 will focus on economic recovery from uncertainties due to the Covid-19 impact and the Russia-Ukraine war. “We’ll try to bring dynamism to the economy,” he told reporters while briefing about the outcomes of the …

Remittance flows to Bangladesh declined 13.15 per cent year-on-year in May as higher rates of US dollars in the informal markets are prompting many migrant workers to shun formal channels, creating additional pressure on the country’s already heated foreign exchange market. The inflow stood at $1.88 billion last month compared …

In spite of the injection of $130 million into the market by Bangladesh Bank, volatility persisted in the foreign exchange market yesterday. The central bank injected $5 billion between July 1 and May 11 of the current fiscal year and another $1 billion in the last 20 days. The latest …

Paddy farmers in the Chalan Beel region of Rajshahi, Pabna, Sirajganj and Natore are concerned about whether they can achieve their expected yields this year as early floods have badly damaged their crops in the vast wetland. “I cultivated five bighas of paddy at a cost of Tk 62,000 to …

Bangladesh Foreign Exchange Dealers Association (BAFEDA) and Association of Bankers, Bangladesh (ABB) have started working together for fixing uniform exchange rate to manage foreign exchange market. This was informed today after a tripartite meeting of Bangladesh Bank (BB), Bangladesh Foreign Exchange Dealers Association (BAFEDA) and Association of Bankers, Bangladesh (ABB). …

Finance Minister AHM Mustafa Kamal today said that the government is trying hard to keep the impacts of the global economic situation on the common people at a minimum level through ensuring stabilization of economy and also maintaining growth. “We’re trying our best so that the country’s people are not …

Sri Lanka’s inflation hit a seventh consecutive record at 33.8% in April, as a petrol shortage worsened, and food prices rose sharply, shooting to 45.1% year-on-year. (DT)

Bangladesh has purchased LNG and fertiliser at lower prices from the international market compared to previous rates as prices of the two products fall on the international market. Such an indication was found from the government’s latest purchase of the two essential products. The approval of the Cabinet Committee on …