Shipping Adviser Brig Gen (retd) M Sakhawat Hussain expressed strong dissatisfaction with the Chattogram Custom House for its slow progress in clearing auctionable goods and vehicles piled up in various yards and auction sheds at Chattogram port. He warned that action would be taken if the
Central Counterparty Bangladesh Limited (CCBL) has rejected concerns of the Dhaka Stock Exchange (DSE) over the lack of governance and transparency as well as operational inefficiencies at the clearing and settlement company..Instead, the CCBL alleged that its activities are being delayed
Auctionable goods piling up at Ctg port
Md Akmal Hossain was dismissed for his alleged involvement in irregularities during his tenure at Social Islami
DSEX lost 1.47 points while CASPI jumped 34.6 points
The deadline for company taxpayers also has also been extended by a month
Some officials of the bank barred his entry into the office
The year began with a national election, saw a mass uprising midway and subsequently progressed through a deteriorated law and order situation. These all had adverse implications for businesses.
Star-rated hotels struggle to meet international guests’ demands for premium-quality beef due to import restrictions and inconsistent supply, threatening high-end dining standards
A group of labour leaders of the local garment sector yesterday urged the government to form an emergency fund to provide financial benefits to the laid-off workers, as many are still deprived.
Real estate developers in Bangladesh participating in the REHAB Fair-2024 are optimistic about securing sales at the event even though the demand for apartments is low due to persistent higher inflation and other economic concerns.
Broiler chicken prices have increased in the capital’s kitchen markets amidst an alleged supply shortage, which traders attributed to a rise in consumption at different events and festivities marking the winter season.
Imagine you own a small coffee shop in a bustling area. Each morning, you observe patterns in how your employees interact with customers. One barista thrives during the morning rush, handling high-pressure situations with ease, while another brings a sense of calm during quieter post-lunch hours, boosting customer satisfaction.
The government has raised the minimum wage of garment workers by 9 percent, according to a circular from the Ministry of Labour and Employment.
They made the demand in a meeting with the Labour Reform Commission
The integration would create the world's third-largest auto group by vehicle sales after Toyota and Volkswagen. I
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
The revenue generated from Bangladesh’s garment sales to the European Union (EU) in the January-October period was 1.43 percent higher than that in the same period last year.
Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive, Moscow’s most well-off shoppers are still spoilt for choice when it comes to luxury Western goods.
Sugarcane yields in India are declining due to last year’s drought and this year’s excessive rains, which could reduce the country’s sugar production below consumption levels for the first time in eight years, farmers and industry officials said on Monday.
British business confidence fell to its lowest level of 2024 in December but employers were a bit more optimistic about the wider economy, according to a survey published on Monday, while separate data showed a pre-Christmas rise in hiring and pay.
Honda and Nissan -- Japan's number two and three automakers after Toyota -- are aiming to finalise a merger deal in June 2025, several media outlets said.
Mitsui & Company, one of the largest general trading companies in Japan, has bought an 18.5 percent stake in ACI Motors Limited for $22.75 million.
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September.
These two financial agreements will help Bangladesh achieve green growth: WB country director
The Central Depository Bangladesh Limited (CDBL) has declared a 20 percent cash dividend for the year that ended on June 30, 2024..The declaration came at the company’s 24th annual general meeting (AGM), which was held virtually recently, said a press release..Azam J Chowdhury, a dir
Unilever Bangladesh Limited, in partnership with Kewkradong Bangladesh (KB), country coordinator of US-based non-profit Ocean Conservancy, conducted a coastal cleanup campaign at Saint Martin's Island recently..A total of 350 volunteers took part in the programme and removed 1,500 kilogram
Walton Group in association with Safe, one of the largest electronic appliance brands in Bangladesh, recently organised two conferences, styled “Walton Electrical Appliance Annual Distributors Conference-2024” and “Safe Electrical Appliance Annual Distributors Conference-2024”..SM Shamsul
Malaysia has a strong interest in increasing investments in Bangladesh, according to Mohd Shuhada Othman, the high commissioner of Malaysia to Bangladesh..He made this comment at the 23rd annual general meeting of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) at a hotel
The Bangladesh Association of Publicly Listed Companies (BAPLC) organised its 25th annual general meeting (AGM) at Sheraton Dhaka in the capital’s Banani recently. .Rupali Haque Chowdhury, president of BAPLC, presided over the meeting, the association said in a press release..As exe
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
Bangladesh Lamps Limited, an authorised manufacturer and distributor of Transtec lighting products, including smart LED bulbs, tube lights, and lighting accessories, declared 10 percent dividends, including a 5 percent cash dividend, for the year ending on June 30, 2024..The declaration ca
The Investment Corporation of Bangladesh (ICB) announced 5 percent dividends, including a 2.5 percent cash dividend, for the year ending June 30, 2024..The announcement came at the corporation’s 48th annual general meeting (AGM), which was held virtually recently, according to a press rele
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
Migrant Bangladeshis sent home $2.39 billion in October
The price of potatoes has begun an upward climb in the market
Based on the compilation of media reports on bank scams between 2008 and 2023, CPD said as much as 92 thousand crores of taka have been siphoned out of the banking sector in the last fifteen years
How can Bangladesh avoid the economic crisis to deepen further?
Eastern Bank PLC (EBL) has launched an innovative event, styled “EBL Freelancer Ambassador Program” in a bid to empower and inspire Bangladesh’s growing freelancing community. .Md Zakir Hossain Chowdhury, deputy governor of the Bangladesh Bank, Mitchel Lee, chargé d'affaires of Singapore
Bank Asia PLC has signed an agreement with Chaldal.com, one of the largest online grocery platforms in Bangladesh..Zishan Ahammad, head of cards, ADC and internet banking at the bank, and Iftekharul Alam Ayan, chief operating officer of Chaldal Pay, penned the deal at Bank Asia's cards dep
Importantly, unit prices declined for most suppliers in 2024 compared to 2023, reflecting competitive pressures within the global apparel industry
Says Shipping Adviser Sakhawat
India’s finished steel imports from China reached an all-time high during the first eight months of the fiscal year to March 2025, provisional government data showed, adding to concerns among domestic mills about cheap shipments from China.
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.
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.
Seventy-year-old Shamsul Haque remembers how clean the Balutikar canal was when he moved to Kallagram village in Sylhet 20 years ago.
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.
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.
