Economy

Economy

Honda and Nissan start merger talks in historic pivot

The integration would create the world's third-largest auto group by vehicle sales after Toyota and Volkswagen. I

24m ago

Govt increases annual increment of garment workers to 9pc

The circular also said the new increment will come into effect from December 1 and the workers will receive the salary with 9 percent annual increment in January

14h ago

EU garment import rose by 1.43pc in Jan-Oct period

Importantly, unit prices declined for most suppliers in 2024 compared to 2023, reflecting competitive pressures within the global apparel industry

15h ago

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

17h 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.

17h 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.

17h 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.

17h ago

High inflation sent another 78 lakh into poverty in past two years

Over the past two years, real income reductions due to ongoing inflationary pressure have pushed at least 78 lakh people into poverty, shows the study by the Research and Policy Integration for Development (RAPID).

1w ago

$158.89 million AIIB loan availed for power infrastructure project

Power Grid Bangladesh PLC will implement the project

1w ago

Age limit for entry-level bank jobs now 32

The earlier age limit was 30

1w ago

Maddhapara Granite Mining becomes dependent on loans for declining sales

The lone hard rock mining company under Petrobangla is now even selling its produce at Tk 500 lower than production cost

1w ago

Taskeen Ahmed, new president of Dhaka Chamber

The leading trade body also gets new senior vice president and vice president

1w ago

Bangladeshis spend $5b annually on medical treatment abroad, says BB governor

Mansur said that much of this expenditure occurs unofficially, placing considerable pressure on the country's balance of payments.

1w ago

Inflation pushes 78 lakh people into poverty in two years, says RAPID

Among the 78 lakh people, 38 lakh have become extremely poor

1w ago

Maksons Spinning Mills posts Tk 40 crore loss in Q1

Rising raw material costs and financial charges caused the loss  

1w ago

Stocks break losing streak 

DSEX gains 35.70 points as of 11:10 am 

1w ago

Price of garments exported to the US fall

The prices of major garment items exported to the US declined year-on-year in the January­-October period this year as American consumers are yet to recover from heightened inflationary pressures..During the 10 months, the price of men’s cotton woven trousers declined by 7.7 percent, accor

1w ago