Economy

Economy

Union leaders demand emergency fund for laid-off RMG workers

They made the demand in a meeting with the Labour Reform Commission

10m ago

Honda and Nissan start merger talks in historic pivot

The integration would create the world's third-largest auto group by vehicle sales after Toyota and Volkswagen. I

4h ago

Govt increases annual increment of garment workers to 9pc

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

18h ago

EU garment import rose by 1.43pc in Jan-Oct period

Importantly, unit prices declined for most suppliers in 2024 compared to 2023, reflecting competitive pressures within the global apparel industry

19h ago

Pran-RFL Group announces plans for improving sustainability

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

21h ago

India’s visa curbs / A wake-up call for Bangladesh to reform its healthcare

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.

21h ago

Automation replaced 31% of garment workers: study

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.

21h ago

Price of garments exported to the US fall

The prices of major garment items exported to the US declined year-on-year in the January­-October period this year as American consumers are yet to recover from heightened inflationary pressures..During the 10 months, the price of men’s cotton woven trousers declined by 7.7 percent, accor

1w ago

Corporate governance failure in Bangladesh

With the economic development of Bangladesh, the number of corporate bodies, especially led by the private sector, has increased significantly over the years.

1w ago

Flower farmers expect bonanza as peak season starts

Flower farmers expect a bonanza in December as the peak season for flowers has begun, which will continue until April next year.

1w ago

A depressing week for stock investors

Stock investors saw further declines in major indices as many listed companies presented lacklustre earnings disclosures for the first quarter of the current fiscal year of 2024-25.

1w ago

Is cooling red-hot inflation to 7% by June possible?

The central bank governor projects cooling the red-hot inflation, which has hovered above 9 percent since March last year, to 7 percent by June next year.

1w ago

Food distribution falls despite persistent inflation

Despite the fact that the population has been reeling from heightened inflationary pressures over the past two years, public food distribution under various social protection schemes fell by about 6 percent year-on-year in the first half of the current fiscal year.

1w ago

Jute millers struggling amid export slump

Jute millers are struggling as exports show no sign of recovery and demand in the domestic market remains lukewarm amid slack implementation of the mandatory jute packaging act.

1w ago

Janata allowed to lend more to defaulter Beximco

State-run Janata Bank has been partly exempted from the Bank Companies Act-1991 so that it can lend money to Beximco Group, a loan defaulter. 

1w ago

A depressing week for stock investors

The benchmark index of the Dhaka Stock Exchange dropped 91 points in a week

1w ago

BTTC for 25% duty on rice bran oil export

The Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government impose a 25 percent regulatory duty on the export of crude and refined rice bran oil to discourage shipments and increase domestic supply..The suggestion comes in response to soaring cooking oil prices in

1w ago