Economy

Economy

How our lives are interwoven by the internet

The internet has revolutionised communication, allowing the general public to spread messages to the world with the click of button and by ensuring that business deals can be completed in minutes by facilitating the easy transfer of documents.

9h ago

Bus operators stare at losses

Bangladesh has over 83,000 registered buses, with private investment in the business growing in line with the expansion of national and regional highways.

9h ago

Banks waive penalty for delayed loan repayment

Some banks have decided not to impose any interest or fees on clients for delayed payment of loan instalments, including that against credit cards, amidst a nationwide curfew and internet blackout.

9h ago

RMG factories start to reopen gradually

Garment and textile factories started to gradually reopen yesterday after being kept shut for four days with the expectation that all factories will reopen today.

9h ago

Dairy farmers’ income falls amid curfew

Dairy farmers in Pabna and Sirajganj are reporting a drop in sales revenue, citing that a few companies have either reduced or stopped making purchases amidst the curfew.

9h ago

Container congestion eases slightly

Container congestion at Chattogram port eased slightly yesterday as a noticeable number of containers could be transferred to private inland container depots (ICDs).

9h ago

Banks reopen today from 11am to 3pm

Banks are set to re-open today from 11:00am to 3:00pm after four days of general holidays.

9h ago

NBR for manual assessment of perishables

The National Board of Revenue (NBR) has recently instructed customs to release imported perishables, food, chemicals and industrial raw materials through manual assessments to keep supply chains and factories operational

11h ago

Internet blackout intensifies port congestion

Container congestion turned acute at the Chattogram port on July 22 as deliveries remained suspended for a second consecutive day for operational complexities caused by an ongoing internet blackout and a lack of transportation facilities

11h ago

What does the traffic disruption on the Dhaka-Ctg highway mean for the economy?

A huge number of industrial establishments have been built along the highway, hoping to capitalise on the connectivity to the country’s largest seaport in Chattogram

12h ago

Drug production, supply take a hit

Production and distribution of medicine have been disrupted for the last four days due to violence since the beginning of the quota reform movement and associated curfew imposed by the government, drug makers said on July 22

12h ago

Garments start to be gradually reopened

Garment and textile factories started to be gradually reopened today on being kept shut for four days

12h ago

Business takes a hit from acute port congestion

Import and export activities as well as cargo and container delivery were also seriously disrupted at the country's largest seaport due to a nationwide internet blackout since July 18

12h ago

Ports, transports at a standstill

Export and import activities suffered severe disruptions for the third day on July 20 amid transport problems because of violence centring the quota reform movement and internet shutdown by the government.

12h ago

Internet blackout wallops life and living

A countrywide internet blackout dealt a massive blow to the lives of Bangladeshis, upending their digital lifestyle and leaving many businesses staring at huge financial losses.

12h ago

Let factories run, restore internet

Production and shipments are dependent on strict lead times set by international clothing retailers and brands, yet the factories have had to be kept shut for the past three days

12h ago

Fresh blow to the fragile economy

The countrywide shutdown and subsequent violence centring the quota reform movement crippled business and economic activities for the last three days, dealing a further blow to an economy that is already ailing due to high inflation, falling exports and depleting forex reserves.

13h ago

Fresh blow to the fragile economy

The countrywide shutdown and subsequent violence centring the quota reform movement crippled business and economic activities for the last three days, dealing a further blow to an economy that is already ailing due to high inflation, falling exports and depleting forex reserves.

13h ago
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