Economy

Economy

Restaurant owners threaten strike over VAT hike on food bills

They would keep restaurants closed for a day as a token protest if their demand is not met

15m ago

Feud over container handling rates disrupts Ctg port operations

Disputes between berth operators and shipping agents slow handling at six jetties

1h ago

Businesses concerned over VAT, gas price hikes: DCCI

Production costs, inflationary pressure will rise as a result

2h ago

Dhaka stocks up slightly  

Total turnover stood at Tk 97.58 crore. 

7h ago

Payra thermal power plant resumes full production

The Payra 1,320MW Thermal Power Plant in Kalapara upazila of Patuakhali has resumed full production following a roughly two-month halt for maintenance works on its second unit and test runs of a neighbouring facility..Upon completing maintenance works, which began on November 9 last year,

18h ago

Interest rate on savings certificates to be raised

The interim government is set to increase the interest rates against various savings certificates to upwards of 12 percent as it looks to provide some relief to the fixed income group squeezed by the elevated inflation.

19h ago

Listed firms’ profit drops 24% amid economic slowdown, political turmoil

Listed companies across all sectors saw their profits fall by around 24 percent on an average year-on-year during the last January-September period, due mainly to an economic slowdown and widespread political turmoil, according to an unofficial estimate.

19h ago

Soybean oil prices rising again

Edible oil prices have been rising over the past week in the local market, as grocers say they are not getting enough supplies from the cooking oil companies.  

19h ago

National University to work with country's tourism sector: NU VC

National University Vice-chancellor Professor ASM Amanullah today stressed the need for speeding up development in the country's tourism sector

3w ago

Kamran Tanvirur Rahman re-elected as MCCI president

The leading chamber also re-elected its senior vice president and vice president

3w ago

Renata ships first batch of preventative cardiovascular meds to US

The medicine was manufactured at Renata’s Bangladesh factory approved by the US-FDA

3w ago

Dhaka stocks open upbeat

Total turnover stood at Tk 155.53 crore.

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

Farmers warned of rain on Dec 20-22

The Bangladesh Agro-Meteorological Information Service (BAMIS) has suggested farmers in Khulna, Barishal, Chattogram, Dhaka and Sylhet divisions to take measures to protect their in-field products as the areas could be hit by medium to heavy rainfall on December 20-22 this year.

3w ago

Made in Bangladesh foods tied to diasporas

Bangladesh has been exporting agro-processed foods for over three decades, but the sector has not grown much and still remains highly concentrated within a few countries where Bangladeshi diasporas are the primary buyers. 

3w ago

NBR removes all import taxes on sunflower, canola oil

The National Board of Revenue (NBR) yesterday removed all import taxes on sunflower and canola oils in a bid to encourage imports, boost the supply of edible oil and curb their soaring prices in the domestic market.

3w 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