Economy

Economy

Pran-RFL Group announces plans for improving sustainability

Pran-RFL Group, one of the largest conglomerates in Bangladesh, has announced plans to improve its operational sustainability by allocating all investments in line with the UN’s Sustainable Development Goals (SDGs)..This includes ensuring the full recycling of all plastics generated by the

2h ago

India’s visa curbs / A wake-up call for Bangladesh to reform its healthcare

India’s visa restrictions on Bangladeshi nationals, while initially perceived as a barrier, could serve as a wake-up call for Bangladesh to strengthen its healthcare system and regain the confidence of its patients.

2h ago

Automation replaced 31% of garment workers: study

Automation has reduced the need for human labour in the production process of the garment sector by nearly 31 percent by mostly replacing helpers, according to a study.

2h ago

Forex market volatile again on Ramadan import rush, overdue LCs

After a five-month pause, dollar rates have started to rise, prompting the central bank to question the managing directors of 13 banks about the fresh volatility of the greenback.

2h ago

10 factories in 5 BSCIC estates running without ETPs

Seventy-year-old Shamsul Haque remembers how clean the Balutikar canal was when he moved to Kallagram village in Sylhet 20 years ago.

2h ago

Economic census facing hurdles in data collection

The Bangladesh Bureau of Statistics (BBS) is struggling to complete its economic census for 2024 as most medium to large scale industrial and commercial enterprises are reluctant to provide data on their income and expenditure.

2h ago

Stocks fall after gaining for 2 days

The indexes of the stock markets in Bangladesh fell yesterday on rising for two days last week as jittery investors were reluctant to pour fresh funds amid economic uncertainties.

2h ago

Ring Shine terminates share sale to Wise Star

Ring Shine Textiles has decided to terminate its share purchase agreement with Wise Star Textile Mills as it doubts that the latter would be able to carry out the deal.

5d ago

Hasina administration did not heed warnings on economy: Farashuddin

The previous government, led by Sheikh Hasina, ignored repeated warnings from experts on various economic issues in Bangladesh, according to Mohammed Farashuddin, a former governor of the country’s central bank..“The Hasina administration did not heed warnings from economists on the lack o

5d ago

Debapriya Bhattacharya reappointed to the Committee for Development Policy (CDP)

Bhattacharya's new three-year term begins on Jan 1 next year

5d 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

5d ago

Kamran Tanvirur Rahman re-elected as MCCI president

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

5d 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

5d ago

Dhaka stocks open upbeat

Total turnover stood at Tk 155.53 crore.

5d 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.

6d 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. 

6d 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.

6d ago