Economy

Economy

St Martin’s Island: 9-month travel ban starts today

Tourism at Saint Martin’s Island in Teknaf upazila of Cox’s Bazar comes to a halt from today as the government’s ban on tourist travel takes effect.

14h ago

Bees & bucks: Beekeeping boosts rural incomes

From December to February, mustard fields across Bangladesh become buzzing ecosystems as bees, both wild and domesticated, diligently go from flower to flower in search of their most precious commodity: nectar.

15h ago

Bangladeshi recycled yarn brand in trademark clash with Swiss sportswear giant

Cyclo vs. Cyclon: A one-letter dispute sparks global confusion

1d ago

Barishal tops poverty rankings, replacing Rangpur

Bangladesh’s poverty map has changed as Barishal now has the highest percentage of people living in poverty among all the eight divisions, according to the Bangladesh Bureau of Statistics (BBS).

1d ago

Yarn imports rise, India dominates supply

Bangladesh imported more yarn in 2024 than in the previous year, with the lion’s share of the key raw material for readymade garments (RMG) coming from India.

1d ago

Top US businessman wants to invest in Bangladesh

Top US businessman Gentry Beach expressed his interest to invest in Bangladesh during a meeting with Chief Adviser Professor Muhammad Yunus yesterday in Dhaka.

1d ago

BB committee to suggest remedy for distressed borrowers

The Bangladesh Bank has formed a five-member committee to provide necessary policy support for restructuring corporate borrowers that have defaulted on loans due to factors beyond their control.

1d ago

MJL eyes 75% stakes in Omera

MJL Bangladesh PLC yesterday announced that it plans to increase its stake in Omera Petroleum Ltd (OPL), one of the major liquefied petroleum gas (LPG) sellers in Bangladesh, by purchasing shares worth Tk 60.49 crore.

1d ago

Rise of DeepSeek: Why is it a headache for tech stocks?

DeepSeek, a Chinese AI startup, is making waves, and not just in the AI space -- it’s shaking up the US stock market too.

1d ago

Envoy Textiles, Matin Spinning beat the odds to secure profit growth

Envoy Textiles Limited and Matin Spinning Mills PLC, which are among the largest textile companies in Bangladesh, saw their profits surge in the first half of fiscal year (FY) 2024-25 as both logged higher sales.

1d ago

Tax return filing deadline extended to February 16

The National Board of Revenue (NBR) has extended the deadline for individual taxpayers to file income tax returns by two weeks.

1d ago

Premier Cement’s profit drops 89% in Q2

Premier Cement Mills PLC reported a profit of Tk 2.42 crore in the second quarter of the fiscal year 2024-25, marking an 89 percent year-on-year decline.

1d ago

Try it before you buy it

In Bangladesh, shopping for home appliances has mostly been a leap of faith—customers could learn about a product but never experience it firsthand before making the purchase. .But Singer Bangladesh is going one step further by letting shoppers test appliances right on the retail outlets,

1d ago

Trump’s family business partner wants to invest in Bangladesh

Gentry Beach, the head of a visiting delegation of US billionaire investors, wants to invest in mineral and gas exploration

1d ago

Barishal replaces Rangpur as the highest poverty-stricken division

Madaripur recorded the highest poverty rate in the country at 54.4 percent

2d ago

Tax return filing deadline extended again for individuals, firms 

The announcement comes a day before the deadline was set to expire

2d ago

Premier Cement's profit drops 89% in Q2

Shares of the company went up 0.44 percent to Tk 45.3 as of mid-day trading today on the DSE

2d ago

Dhaka stocks up in early trade 

DSEX gained 11.92 points as of 11:38 am  

2d ago