LCs

Mobile makers in battle for survival

"Mobile sales have dropped drastically due to the economic downturn for people. Handset sales dropped by over 40 per cent year-on-year in the first quarter of 2023"

MS rod may become costlier

The price of mild steel (MS) rod may soon cross Tk 1 lakh per tonne as production costs have risen due to a recent hike in fuel and energy prices amid the ongoing US dollar crisis, according to industry people.

DOLLAR SHORTAGE / Let taka depreciate further: economists

As the US dollar shortage persists, businesses in Bangladesh are increasingly finding it difficult to open letters of credit (LCs) since banks can’t supply the adequate American greenback needed to finance imports.

Dollar crisis puts textile millers in a tight spot

The ongoing dollar shortage in the banking sector is posing a threat to local textile millers and spinners as they are in trouble in opening letters of credit (LCs) to import raw materials and cotton to feed the country’s readymade garment industry. 

Secret cuts

Risky buildings can exist only when a government goes into hibernation and risky workplaces when an employer turns covertly criminal. 

May 29, 2023
May 29, 2023

Mobile makers in battle for survival

"Mobile sales have dropped drastically due to the economic downturn for people. Handset sales dropped by over 40 per cent year-on-year in the first quarter of 2023"

February 8, 2023
February 8, 2023

MS rod may become costlier

The price of mild steel (MS) rod may soon cross Tk 1 lakh per tonne as production costs have risen due to a recent hike in fuel and energy prices amid the ongoing US dollar crisis, according to industry people.

February 2, 2023
February 2, 2023

Let taka depreciate further: economists

As the US dollar shortage persists, businesses in Bangladesh are increasingly finding it difficult to open letters of credit (LCs) since banks can’t supply the adequate American greenback needed to finance imports.

January 31, 2023
January 31, 2023

Dollar crisis puts textile millers in a tight spot

The ongoing dollar shortage in the banking sector is posing a threat to local textile millers and spinners as they are in trouble in opening letters of credit (LCs) to import raw materials and cotton to feed the country’s readymade garment industry. 

May 8, 2013
May 8, 2013

Secret cuts

Risky buildings can exist only when a government goes into hibernation and risky workplaces when an employer turns covertly criminal.