Economy

Economy

Five economic zones to be fully functional in two years: Beza executive chairman

The zones are expected to attract $5.5 billion in investment and create over 200,000 jobs

1h ago

Hatil's factory workers go on strike, demand attendance bonus raise

Strike ends after management assures of meeting demands

2h ago

Bangladesh leads with 233 LEED-certified green garment factories

Consist Apparels becomes the latest platinum-ranked factory 

4h ago

Govt bans import of e-cigarettes

The ban takes effect immediately, as per the notification.

4h ago

Bangladesh’s economy contracts slightly in Dec: PMI

The country’s PMI declines to 61.7

4h ago

Dhaka stocks edge up for second consecutive day     

DSEX gains 28.07 points as of 11:26 am  

7h ago

Direct tax expenditure declined to Tk 1.15 lakh crore in FY22

Bangladesh’s direct tax expenditure, a tax subsidy that includes rebates, exemptions, and reduced rates offered by the revenue authorities, fell 8 percent year-on-year to Tk 1.15 lakh crore in fiscal 2021-22, according to the tax expenditure estimation report..The National Board of Revenue

19h ago

Economy slows to 1.81% in volatile first quarter

The Bangladesh economy saw its lowest quarterly growth in three-and-a-half years in the first quarter of the fiscal year on the back of political upheaval and severe flood in August.

19h ago

Non-leather footwear on course to half-billion export club

Bangladesh’s synthetic and athletic footwear exports have been growing rapidly, emerging as a bright spot in the country’s export basket, which is heavily dominated by readymade garments.

3w ago

Inflation expected to decline soon: Yunus

Chief Adviser Prof Muhammad Yunus yesterday admitted that the interim government has not yet been able to control inflation but expressed his belief that it would come down soon.

3w ago

Election to boost business confidence: entrepreneurs

Business leaders, economists and professionals have emphasised that an elected government is essential for restoring confidence in the business community, stabilising law and order, and revitalising the business and investment climate.

3w ago

Import duty, tax on sunflower, canola oil removed

The NBR extends 5% VAT benefit until March 31 next year

3w ago

Small farmers threaten poultry strike over ‘corporate influence’

Bangladesh Poultry Association (BPA) has threatened to halt production of broiler chickens and eggs from January 1 if the interim government failed to address their demands, including curbing the influence of alleged corporate syndicates..Corporate entities are increasingly monopolising an

3w ago

Protect in-field crops from rain on Dec 20-22, advises BAMIS

The Bangladesh Agro-Meteorological Information Service (BAMIS) made the recommendation by analysing data of Bangladesh Meteorological Department

3w ago

National advisory council on statistics restructured

New 17-member panel will work to produce globally-accepted data

3w ago

Oil drops from highest in weeks, focus on Fed rate cuts

Falls were limited, however, by concerns of supply disruptions in the event of more US sanctions on major suppliers Russia and Iran

3w ago

Stocks rebound strongly after last week’s losing streak

Stocks in Bangladesh rebounded yesterday after lacklustre earnings disclosures from many listed companies for the first quarter of the fiscal year had seen the market trend down over the previous week. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 73.43 points, or 1

3w ago

Maksons Spinning posts Tk 40cr loss in Q1

Maksons Spinning Mills PLC saw its losses surge in the first quarter of the current fiscal year due to escalating raw material costs and finance charges, according to the company’s financial statement.

3w ago