Economy

Economy

Economy can’t go forward without Islami Bank: BB governor

Ahsan H Mansur opens a branch of the bank in Ghatail of Tangail

2h ago

Transport workers’ strike hits importers hard

1.5 million tonnes of imported goods got stuck at 50 ports

3h ago

Economic Reporters Forum elects new leaders

Doulat Akter Mala and Abul Kashem to serve as president and general secretary respectively 

9h ago

BATTERY-RUN RICKSHAWS / Local mechanics rev up the road, now govt needs to catch up

Amid the worldwide development of electric vehicles, which is changing the traffic landscape away from fossil fuels, Bangladeshi mechanics brought their humble version of an e-vehicle to the road: a battery-run rickshaw -- awkwardly wired, with visible battery units slinging on the back.

22h ago

REHAB fair ends with Tk 403 crore worth of sales, bookings

The five-day exhibition attracted 17,729 visitors

1d ago

BAT to invest Tk 28cr to raise production capacity

British American Tobacco (BAT) Bangladesh is planning to invest Tk 28.38 crore to enhance its production capacity to meet the growing demand for its products..In a disclosure on the Dhaka Stock Exchange website yesterday, the company said the investment would be sourced through a combinati

1d ago

32 NRBs awarded

A total of 32 non-resident Bangladeshis (NRBs) have been recognised for their outstanding contributions in areas like education, healthcare, industry, financial services and agriculture after returning to the country..Commerce Adviser Sk Bashir Ahmed handed over the awards during an event,

1d ago

Agrani Bank’s health deteriorated fast in last five years

Once a reputable state-run commercial lender, Agrani Bank saw its financial health deteriorate fast over the past five years, mainly due to massive lending to politically backed businesses, mismanagement by the board and fallouts of Covid-19.

1d ago

Stocks up in morning trade  

Total turnover stood at Tk 80.31 crore

2w ago

NBR conducts drive at resort of ex-DB chief’s relatives

The National Board of Revenue’s (NBR’s) Central Intelligence Cell (CIC) yesterday conducted a drive at “President Resort” in Kishoreganj, around 100km north of the capital.

2w ago

What exactly were global institutions overseeing?

Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the country faces increasing pressure from escalating debt servicing obligations.

2w ago

Bangladesh has 1.22cr economic enterprises

There are 1.22 crore economic enterprises across the country, according to the Bangladesh Bureau of Statistics (BBS)..Among them, 76 lakh are business establishments and 46 lakh are economic units, the national statistics agency found during the primary mapping ‍and listing work for the co

2w ago

DSE’s turnover continues to tumble

Stock trading in Bangladesh has slowed in recent months as most investors are not placing fresh bets considering the market’s bleak outlook amid ongoing economic uncertainties. As such, daily turnover of the Dhaka Stock Exchange (DSE) plunged by 5.02 percent to Tk 279 crore yesterday, mark

2w ago

Edible oil prices up by Tk 8 per litre

The government yesterday raised the retail prices of soybean and super palm oils by Tk 8 per litre. Bottled soybean oil price was set at Tk 175, and loose soybean oil and super palm oil at Tk 157.

2w ago

BYD on track to top 2024 sales goal

China’s top electric vehicle maker BYD gained market share as the world’s largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and overtake Ford and Honda.

2w ago

Rupee tipped to drift lower

The Indian rupee is likely to open slightly lower on Monday as expectations surrounding the incoming Trump administration’s policies keep the dollar well-bid despite heightened hopes of a Federal Reserve rate cut this month.

2w ago

No overnight cure for ailing financial sector

There is no overnight cure for the deep-rooted challenges facing the country’s banking sector, Abdul Awal Mintoo, former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said yesterday.

2w ago

Bangladeshi garment workers at risk from extreme heat: study

Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are increasingly exposed to extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address.

2w ago