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Lalmonirhat district, bordering the Teesta, Dharla and Saniazan rivers, accounts for about one-third of the maize produced in Bangladesh’s northern region. More than 20,000 families, mostly based in the district’s char areas, have achieved both food and financial security by growing maize, according to the Department of Agricultural Extension (DAE). …

Square, Beximco, Renata, Ibn Sina and ACME are in the top five companies of FY2020-21 in terms of growth rate and net profit compared to FY2019-20 The country’s leading pharmaceutical companies have played a big role in the rise of the stock market at the end of the last fiscal …

Stocks opened marginally higher on Sunday as bargain hunters are showing their buying interest on sector-wise issues based on largest corporate declarations. Following the previous day’s modest rise, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 10.64 points or 0.15 per cent to stand at …

Another overseas support for the cottage, micro, small and medium enterprises (CMSMEs) is coming from the Asian Development Bank to facilitate the post-Covid recovery of the ailing industries. The Manila-based lender will provide US$150 million worth of loans for supporting the country’s CMSMEs for the economic recovery shortly, said an …

Bangladesh has set an ambitious goal of generating more than 4,100 megawatts of electricity from renewable energy sources by 2030 as the county looks to cut greenhouse gas emissions significantly. Solar power will account for half of the energy, at 2,277 MW, followed by hydropower 1,000 MW and wind 597 …

The coronavirus pandemic has taken a toll on female employment rate in Bangladesh’s banking sector, causing it to fall alarmingly in the first half of this year. The ratio of female employees stood at 15.8 per cent as of June this year in contrast to 18.7 per cent a year …

Bitumen prices in international markets have gone up by around 24 per cent this month, for which upcoming road construction and repair costs are expected to rise since Bangladesh is very much dependent on imports. Each tonne was selling for $310 on the first week before rising to $385 at …

Prime Minister Sheikh Hasina has a modernistic approach towards businesses, which is essential for foreign direct investment, Salman F Rahman Adequate reforms have been introduced in the field of foreign investment in Bangladesh under the dynamic leadership of Prime Minister Sheikh Hasina. “She has a modernistic approach towards businesses, which …

The Government of Bangladesh and the Exim Bank of China signed a loan agreement of $1126.99 million loan on Tuesday to implement the “Construction of Dhaka-Ashulia Elevated Expressway” project. Additional Secretary of Economic Relations Division Shahriar Kader Siddiky and Deputy General Manager of Exim Bank of China Zhang Tianqin signed …

The International Monetary Fund (IMF) has emphasised continuing reforms to make Bangladesh’s economy more resilient and resuming progress towards the authorities’ ambition of reaching upper middle-income status. “In the past decade, Bangladesh achieved impressive economic growth and social development, making steady progress in reducing poverty and across many indicators of …