The year began with a national election, saw a mass uprising midway and subsequently progressed through a deteriorated law and order situation. These all had adverse implications for businesses.
A group of labour leaders of the local garment sector yesterday urged the government to form an emergency fund to provide financial benefits to the laid-off workers, as many are still deprived.
Real estate developers in Bangladesh participating in the REHAB Fair-2024 are optimistic about securing sales at the event even though the demand for apartments is low due to persistent higher inflation and other economic concerns.
Broiler chicken prices have increased in the capital’s kitchen markets amidst an alleged supply shortage, which traders attributed to a rise in consumption at different events and festivities marking the winter season.
The revenue generated from Bangladesh’s garment sales to the European Union (EU) in the January-October period was 1.43 percent higher than that in the same period last year.
Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive, Moscow’s most well-off shoppers are still spoilt for choice when it comes to luxury Western goods.
Sugarcane yields in India are declining due to last year’s drought and this year’s excessive rains, which could reduce the country’s sugar production below consumption levels for the first time in eight years, farmers and industry officials said on Monday.
Imagine you own a small coffee shop in a bustling area. Each morning, you observe patterns in how your employees interact with customers. One barista thrives during the morning rush, handling high-pressure situations with ease, while another brings a sense of calm during quieter post-lunch hours, boosting customer satisfaction.
The government has raised the minimum wage of garment workers by 9 percent, according to a circular from the Ministry of Labour and Employment.
They made the demand in a meeting with the Labour Reform Commission
The integration would create the world's third-largest auto group by vehicle sales after Toyota and Volkswagen. I
The circular also said the new increment will come into effect from December 1 and the workers will receive the salary with 9 percent annual increment in January
Importantly, unit prices declined for most suppliers in 2024 compared to 2023, reflecting competitive pressures within the global apparel industry
Says Shipping Adviser Sakhawat
Pran-RFL Group, one of the largest conglomerates in Bangladesh, has announced plans to improve its operational sustainability by allocating all investments in line with the UN’s Sustainable Development Goals (SDGs)..This includes ensuring the full recycling of all plastics generated by the
India’s visa restrictions on Bangladeshi nationals, while initially perceived as a barrier, could serve as a wake-up call for Bangladesh to strengthen its healthcare system and regain the confidence of its patients.
Automation has reduced the need for human labour in the production process of the garment sector by nearly 31 percent by mostly replacing helpers, according to a study.
British business confidence fell to its lowest level of 2024 in December but employers were a bit more optimistic about the wider economy, according to a survey published on Monday, while separate data showed a pre-Christmas rise in hiring and pay.
Honda and Nissan -- Japan's number two and three automakers after Toyota -- are aiming to finalise a merger deal in June 2025, several media outlets said.
Mitsui & Company, one of the largest general trading companies in Japan, has bought an 18.5 percent stake in ACI Motors Limited for $22.75 million.
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September.
These two financial agreements will help Bangladesh achieve green growth: WB country director
BB issued letters on Dec 19 and the deadline for explanation ends today
Two senior Mitsui executives will join ACI Motors to widen their global reach
US President-elect Donald Trump said on Friday the European Union should step up US oil and gas imports or face tariffs on the bloc’s exports that include goods such as cars and machinery.
The Bangladesh Association of Publicly Listed Companies (BAPLC) organised its 25th annual general meeting (AGM) at Sheraton Dhaka in the capital’s Banani recently. .Rupali Haque Chowdhury, president of BAPLC, presided over the meeting, the association said in a press release..As exe
Bangladesh Lamps Limited, an authorised manufacturer and distributor of Transtec lighting products, including smart LED bulbs, tube lights, and lighting accessories, declared 10 percent dividends, including a 5 percent cash dividend, for the year ending on June 30, 2024..The declaration ca
The Investment Corporation of Bangladesh (ICB) announced 5 percent dividends, including a 2.5 percent cash dividend, for the year ending June 30, 2024..The announcement came at the corporation’s 48th annual general meeting (AGM), which was held virtually recently, according to a press rele
Walton Digi-Tech Industries Limited, the leading tech giant in Bangladesh, has increased the warranty for its computer monitors..From now on, customers can enjoy up to three years of warranty benefits of up to 22-inch monitors of all models of Walton’s “CiNEd” and “CiNEXA” along with ACC b
Shah Moinuddin Hasan, general manager of Ispahani Tea Limited, was re-elected as the president of the Tea Traders Association of Bangladesh (TTAB) for a two-year term (2024-2026)..Md Yusuf has been elected as the vice-president of the association, according to a press release..Golam
A high-level taskforce will work with Bangladesh Investment Development Authority (Bida) to formulate a roadmap for the development of a semiconductor sector, focusing on testing, assembly and scaling up capabilities. .The decision was taken at a meeting titled “Semiconductors – A New Fro
Mastercard was recognised with the “Enabler of Excellence” award by Eastern Bank PLC (EBL) at the “EBL Digital Excellence Summit 2024”..This accolade celebrates Mastercard’s outstanding contribution to enabling digital financial solutions and fostering innovation in Bangladesh’s digital pa
Crown Cement PLC has announced a 21 percent cash dividend for the year that ended on June 30, 2024..The announcement came at the cement manufacturer’s 30th annual general meeting (AGM), which was held virtually recently, the company said in a press release..Mohammed Jahangir Alam, ch
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
Migrant Bangladeshis sent home $2.39 billion in October
The price of potatoes has begun an upward climb in the market
Based on the compilation of media reports on bank scams between 2008 and 2023, CPD said as much as 92 thousand crores of taka have been siphoned out of the banking sector in the last fifteen years
How can Bangladesh avoid the economic crisis to deepen further?
Eastern Bank PLC (EBL) has launched an innovative event, styled “EBL Freelancer Ambassador Program” in a bid to empower and inspire Bangladesh’s growing freelancing community. .Md Zakir Hossain Chowdhury, deputy governor of the Bangladesh Bank, Mitchel Lee, chargé d'affaires of Singapore
Bank Asia PLC has signed an agreement with Chaldal.com, one of the largest online grocery platforms in Bangladesh..Zishan Ahammad, head of cards, ADC and internet banking at the bank, and Iftekharul Alam Ayan, chief operating officer of Chaldal Pay, penned the deal at Bank Asia's cards dep
India’s finished steel imports from China reached an all-time high during the first eight months of the fiscal year to March 2025, provisional government data showed, adding to concerns among domestic mills about cheap shipments from China.
The indexes of the stock markets in Bangladesh fell yesterday on rising for two days last week as jittery investors were reluctant to pour fresh funds amid economic uncertainties.
The Bangladesh Bureau of Statistics (BBS) is struggling to complete its economic census for 2024 as most medium to large scale industrial and commercial enterprises are reluctant to provide data on their income and expenditure.
Seventy-year-old Shamsul Haque remembers how clean the Balutikar canal was when he moved to Kallagram village in Sylhet 20 years ago.
After a five-month pause, dollar rates have started to rise, prompting the central bank to question the managing directors of 13 banks about the fresh volatility of the greenback.
The international consulting firm will suggest appropriate remedial measures necessary in public interest
Bangladesh Krishi Bank has been awarded the “Remittance Award 2024” by the Ministry of Expatriates’ Welfare and Overseas Employment for the commercial lender’s significant contribution to remittance inflows into the country in fiscal year 2023-24..Asif Nazrul, adviser to the Ministry of Ex
The prime index of the Dhaka bourse fell 0.48% to 5,196 points
