News

The market opened sharply higher on Sunday as investors are putting fresh bets on major sector stocks after the news of higher than expected corporate declarations. Following the previous day’s upward trend, the market opened higher and the DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up …

The government has framed draft rules to allow local firms to set up subsidiaries or buy shares in companies in other countries with a view to facilitating investment abroad. As per the draft, exporters will be able to invest as much as 20 per cent of their five-year average annual …

Malaysia will let foreign workers back into the country after an almost 16-month hiatus due to the Covid-19 pandemic, and allow some tourists back to its resort island of Langkawi, its prime minister said on Friday. The agreement reached by the government’s pandemic taskforce on foreign workers has been hotly …

An agricultural entrepreneurs’ conference ‘Bhorosar Notun Janala’ held at the Bangladesh Agricultural Research Council Auditorium (BARC) on Saturday. UCB, BSAEF Foundation and Bikoshito Bangladesh Foundation jointly organised the programme held in three phases, aimed at helping out the country’s agri-entrepreneurs. Agriculture Minister Dr Md Abdur Razzaque, inaugurated the programme where …

Companies worldwide go beyond their home markets to achieve economies of scale, source raw materials cheaply, lower costs and capture new markets. Similarly, many Bangladeshi firms are expanding abroad to find larger markets for their products and services and power their next phase of growth. Their success will depend on …

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin today blasted a section of dishonest traders for soaring prices of essential commodities and said none will be allowed to tarnish the image of the entire business community. “We, the business community, are contributing to the economy, …

The work of key mega projects has gained full momentum backed by an increased oversight, overcoming the primary hurdles and corona-caused slowdown. Padma Bridge project is close to the finishing line while the first metro rail project has seen significant progress, even though overall all progress of mega projects is …

A weeklong ‘Bangladesh Trade and Investment Summit-2021’ will begin on October 26, 2021 bringing together policymakers, business leaders and investors from across the world on a virtual platform. To celebrate the birth centenary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and the Golden Jubilee of Independence of …

The rising shipment of jute and jute goods from Bangladesh has come to a halt owing to higher prices of the raw fibre and unprecedentedly high freight costs. Jute millers fetched $212 million in exports in the first quarter of the current fiscal year, down 31 per cent year-on-year, data …

Stocks dropped for the past five consecutive trading sessions as investors continued to rake in profits. The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), fell 56 points, or 0.78 per cent, to 7,186 yesterday. In the past five days, the index shed 181 points or 2.45 per cent. …