Economy

Economy

11 conditions made mandatory for trade through Benapole port

Beanpole customs also listed 12 types of imported goods that should go through physical inspection

1h ago

Consensus formed to hold BGMEA election in April: administrator

Updated voter list will be published and election board will be formed within January

2h ago

Hiking VAT now ‘suicidal’ for economy: DCCI 

It will deter national and international investments, says DCCI 

5h ago

Bangladesh's RMG exports to US fall in Jan-Nov

Competitive market pressures, fluctuations in raw material prices responsible for the decline 

9h ago

Feeling the pulse of local startup ecosystem

From groceries to food and commuting, startups, founded by innovative young people, became popular brands

22h ago

Businesses concerned over VAT, gas price hike

Businesses yesterday expressed concern over the government’s move to hike the gas price for industrial and captive users and the income tax for consumer durables as those would further decelerate economic activities and fuel inflation.

1d ago

Major trade bodies miss election deadline as reforms take centre stage

Elections at major trade bodies have missed the 90-day deadline as new administrators of the business organisations seek amendments to the governing rules.

1d ago

Pran to invest Tk 600cr more in poultry portfolio by 2027

Local agro-processing giant Pran plans to invest an additional Tk 600 crore in its poultry business within the next two years, responding to the country’s growing demand for eggs and chicken.

1d ago

BB to keep policy rates unchanged as panel suggests shift from crawling peg

A high-powered panel of the Bangladesh Bank (BB) decided to maintain the policy rate at 10 percent until the inflation comes down to a desired level and also spoke about moving away from the crawling peg and letting market forces determine the US dollar exchange rate.

1m ago

Tax cuts yield limited impact on rising commodity prices: NBR chairman

Egg, sugar prices became cheaper to some extent, not other commodities, he says

1m ago

Gold price hiked again, will cost Tk 138,393 per bhori

In July last year, the price of gold crossed the Tk 100,000-mark for the first time.

1m ago

No foreign firm shows interest in Bay of Bengal gas exploration

Seven purchased tender documents, but none submitted papers finally

1m ago

Stocks gains in early trade 

Total turnover stood at Tk 63.87 crore. 

1m ago

DSE turnover hits four-month low

Turnover at Dhaka Stock Exchange (DSE) hit a three-month low yesterday as skittish investors cautiously traded select shares amidst ongoing political and economic uncertainties. .The turnover, which is the total value of the shares traded on the market, amounted to Tk 293 crore. .Th

1m ago

Fall in real prices of rice benefits consumers, hurts farmers

Real prices of rice have fallen in the decade from 2010 to 2020, benefiting consumers but generating lower real incomes for producers, according to a paper presented at an event in Dhaka yesterday..However, real prices of the staple food climbed in the years following the turn of the decad

1m ago

Gas price shock set to add to Europe’s industrial pain

Europe’s struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas intensifies, and the prospect of reduced Russian supplies looms.

1m ago

Navigating sustainability in the garment industry

Sustainability has become a cornerstone of global discourse, with frameworks like Corporate Social Responsibility, Social Responsibility, and Environmental, Social, and Governance shaping corporate expectations. The garment sector in Bangladesh has risen to meet these global priorities. However, while the industry is transforming, challenges remain in aligning these best practice efforts with equitable financial outcomes.

1m ago

Marginalised need higher support to fight inequality

Marginalised people in Bangladesh, who are in an unequal situation, should receive additional aid and facilities, said Professor Mustafizur Rahman, a distinguished fellow at the Centre for Policy Dialogue (CPD).

1m ago