Economy

Economy

A year of firefighting for businesses

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.

1h ago

Labour leaders demand emergency fund for laid-off apparel workers

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.

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Realtors optimistic about sales at REHAB Fair

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.

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Broiler chicken prices rise in Dhaka

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.

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How people analytics optimises return on investment

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.

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Govt declares 9% raise in minimum RMG wage

The government has raised the minimum wage of garment workers by 9 percent, according to a circular from the Ministry of Labour and Employment.

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Union leaders demand emergency fund for laid-off RMG workers

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

3h 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

8h 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

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

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

Rmg workers’ increment: 29 factories close amid demos

Twenty-nine garment factories in the Ashulia industrial area were declared closed following continued demonstrations by workers demanding a 15-percent increase in annual increments.

1w ago

US finalises tariff hikes on more China green tech imports

The United States firmed up tariff hikes Wednesday on more Chinese imports including crucial solar panel components, capping recent efforts by the world’s biggest economy to guard its growing green energy sector.

1w ago

New platform launched to promote evidence-based policymaking

Researchers and experts yesterday launched a new platform named “Bangladesh Development Insights (BDI)” to promote evidence-based policy formation in Bangladesh.

1w ago

Amid weak eurozone, ECB to cut rates again

Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.

1w ago