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Bangladesh now has the highest number of green garment factories in the globe with the Leadership in Environmental and Energy in Design (LEED) certification given by the United States Green Building Council (USGBC). Even a few months ago, the number of green buildings was 144, but this month the tally …
Read More »Bangladesh Trade and Investment Summit to kick off on Oct 26
The international summit is going to be organized marking the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and Bangladesh’s Golden Jubilee of Independence The weeklong Bangladesh Trade and Investment Summit-2021 will begin on October 26, bringing together top policymakers, business leaders and investors from across the …
Read More »BSEC finds involvement of 9 companies in share price manipulation
The probe committee, formed by the Bangladesh Security and Exchange Commission (BSEC), has primarily found the involvement of nine companies in the recent share market price manipulation. “Further investigation is underway. The matter is thoroughly being scrutinised, and the people concerned will be called to be present before the investigation …
Read More »Basic food keeps seeing a price hike
The price of broiler chicken increased by Tk10 per kg in a week In only three days, the price of onion has come down by Tk5-10, although chicken prices went up this week. According to sellers, the end of Durga Puja and reduction of duty on onion imports cooled the …
Read More »Cumilla incident aims at creating chaos: Home Minister
Home affairs minister Asaduzzaman Khan on Sunday said that the Cumilla incident that incited attacks on Hindu idols and Puja mandaps there and other places was aimed at creating chaos across Bangladesh. He said that two to three suspects were already arrested and efforts were on to identify and arrest …
Read More »Apparel diplomacy to widen the horizon
We cannot help but take pride and feel happy when Secretary-General of the United Nations António Guterres terms Bangladesh a “development miracle” and showers heaps of praise on our Prime Minister Sheikh Hasina for achieving this miracle. Prime Minister Sheikh Hasina is truly “the jewel in the crown” in Bangladesh’s …
Read More »Bangladesh’s per capita foreign debt buildup hits $460
Bangladesh’s per-capita foreign debt ballooned to USD460 or Tk 39,000 in the fiscal year 2021, up by over $67 from the figure a year before, according to central bank statistics. Such a buck in external debt derives from a rise in the total external debts of the country in the …
Read More »No remedy in sight for victims
The wait for tens of thousands of customers and merchants who are victims of scams perpetrated by 10 e-commerce firms is lingering on as there are no strong efforts on the part of the government to realise the money and compensate them. The commerce ministry has said it has little …
Read More »Heyday for junk stocks as manipulation drives prices up
Production of Emerald Oil, a listed rice bran oil producer, has discontinued since 2017, so it has been incurring losses every year since then. But its stock has risen a staggering 223 per cent in the last one year. The astounding surge has propelled the manufacturer to the list of …
Read More »17 e-commerce firms fined
The consumer rights watchdog of Bangladesh has fined 17 e-commerce firms for their failure to deliver products as promised and deceiving customers through false advertisements. The Directorate of National Consumer Rights Protection (DNCRP) imposed a combined fine of around Tk 6 lakh on the platforms. The firms are Daraz Bangladesh, …
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