DSEX lost 9.52 points as of 11 am
The inflow of foreign direct investment (FDI) into Bangladesh is facing critical challenges as a plethora of factors have caused it to stagnate to a mere 0.5 percent of the country’s gross domestic product in recent years.
The production of aromatic rice has nearly doubled in Bangladesh over the past seven years, with farmers showing interest in growing the grain in order to profit from its higher prices compared to traditional parboiled rice.
Anyone of over 30 years of age might recall radio advertisements aired during their childhood and adolescence on contraceptives—Raja and Maya.
Hundreds of small stock market investors are suffering for being unable to get back their money, which was embezzled by a brokerage house months back.
The Fed cut its key lending rate by a full percentage point in the last four months of 2024 and indicated it would move more cautiously going forward amid an uptick in inflation away from its long-term target of two percent
The US aviation giant projected a loss of $5.46 per share, much above the $1.55 foreseen by analysts, according to a profit warning that cited the costs of a new labor agreement, among other factors.
Bangladesh is trying to cope with a challenging economic situation.
The government should take steps to defer Bangladesh’s United Nations status graduation from a least developed country (LDC) to a developing one by at least three years, said the Bangladesh Chamber of Industries (BCI) yesterday.
10.23 lakh tonnes of aromatic rice was produced in FY24, up from 5.79 lakh tonnes in FY18
Tender has been floated, as the previous contract with Saif Powertec is set to end next month
Higher wages and currency depreciation caused the profit to fall
"We are not ready for LDC graduation right now. Why should we commit conscious suicide?" said BCI President Anwar-ul Alam Chowdhury (Parvez) at a press briefing in the capital.
The benchmark DSEX index rose 32.61 points, or 0.64 percent, to close at 5,166.53, according to DSE data
As much as $670 million (around Tk 8,200 crore) from slow-moving World Bank-funded projects will be repurposed, with most of the funds going towards budget support as the government looks to navigate the narrow fiscal space amid a slowing economy.
Bangladesh is likely to face more hurdles in the race to grab a bigger share of the global apparel market as the Indian government plans to step up its financial assistance to garment exporters.
Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.
The government has signed a heads of agreement (HOA) with the US-based Argent LNG to import up to 5 million tonnes of liquefied natural gas per year for 20 years.
US President Donald Trump issued a blunt warning to global elites in a video appearance at the World Economic Forum in Davos on Thursday: Make your products in the United States or pay tariffs.
The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by US President Donald Trump’s tariff threats would have catastrophic consequences for global growth, urging states to refrain from retaliation.
WTO Director-General Ngozi Okonjo-Iweala, a former Nigerian finance minister, starts her second term as head of the global trade watchdog this year at a time when Trump's tariff threats have raised the spectre of trade wars
Solar overtook coal in the European Union’s electricity production in 2024, with the share of renewables rising to almost half the bloc’s power sector, according to a report released Thursday.
Donald Trump’s recent threat to impose 25 percent tariffs on Canada and Mexico is a negotiating tactic, the president’s long-time informal economic advisor argued Wednesday.
The comments marked a rare instance of a split between the world's richest man and Trump, with Musk playing a key role in the newly installed administration after spending $270 million on the election campaign.
As part of his flurry of first-day actions, US President Donald Trump took aim at electric vehicles, a cornerstone of the Biden administration’s climate change agenda.
IDLC Finance PLC recently launched the Shariah-compliant financing window, named “IDLC Islamic,” at the Pan Pacific Sonargaon Dhaka..Md Zakir Hossain Chowdhury, deputy governor of Bangladesh Bank, inaugurated the new window as the chief guest, said a press release..The event featured
Eastland Insurance PLC recently organised the “38th Annual Branch Managers’ Conference-2025” at the DCCI auditorium in the capital’s Motijheel.
Panasonic, a technology company with over 65 years of expertise in manufacturing air conditioners (ACs), yesterday launched its new range of inverter AC line-up, the KU series, manufactured in Bangladesh..The new models are customised to suit local needs and are available in 1.0, 1.5, and
Master Builder Limited, a real estate company in Bangladesh, celebrated its 28th anniversary at the Army Golf Club in Dhaka on Tuesday..Maj (retd) Shibbir Ahmad Khan, managing director of the realtor, inaugurated the celebration, said a press release..In an effort to ensure environme
Haier, a leading home appliances brand in the world, organised its “Partner Meet-2025” in Bangladesh yesterday..The event brought together key stakeholders, distributors, and business partners from across the country..Wang Xiangjing, deputy managing director of Haier Bangladesh Ltd,
BRAC launched the Kaiser and Wendy Zaman Fellowship today in an attempt to better the lives of girls aged 10-19 who have dropped out of secondary education
Speakers highlighted the need for awareness campaigns, workshops, and public education to address the growing threat of online violence against women
The interim government is going to send teams to Dubai and other tax havens to identify Bangladeshis’ ill-gotten assets abroad and bring the money back.
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?
Al-Arafah Islami Bank PLC arranged the “Business Development Conference 2025” at the Pan Pacific Sonargaon Dhaka yesterday..Khwaja Shahriar, chairman of the bank, inaugurated the conference as the chief guest, the bank said in a press release..Shahriar said, “We are striving to bring
United Commercial Bank (UCB) PLC held a three-day “Annual Business Conclave 2025” for its branch managers at the Rajendrapur BRAC CDM in Gazipur yesterday..The event, themed “Rise Above the Rest,” brought together managers from all 231 branches of the bank across the country, offering a va
Southeast Bank PLC recently held a daylong workshop on “SEBPLC Products and Service Knowledge, Cross-Selling Techniques, and Effective Marketing Strategy” in Dhaka..A total of 60 officers from the head office and various branches of the bank participated in the workshop..Nuruddin Md
Midland Bank PLC organised the “Annual Business Conference 2025” for the heads of branches, sub-branches, agent banking, cards, Islami banking, retail sales, institutional banking, SME, NRB, card, and treasury business divisions at the Amari Dhaka in the capital’s Gulshan on Friday..Md Ahs
IFIC Bank PLC organised the “IFIC Largest Banking Network Business Conference” at Khulna Shilpakala Academy on Friday..The conference brought together over 300 employees from the bank’s 15 branches and 116 sub-branches operating under the greater Khulna business zone..Syed Mansur Mus
Around 2,500 to 3,000 hectares of cultivable land are converted and used for non-agricultural purposes every year in Bangladesh, raising serious concerns about future food security, according to experts and stakeholders.
The World Bank (WB) will provide Bangladesh with an additional $30 million to help the country build up its power transmission network in eastern regions.
In addition to its lush tea gardens and the breathtaking view of the majestic Kanchenjunga, blooming tulips have emerged as another jewel in Panchagarh’s winter landscape -- but only as a tourist attraction, as farmers struggle to maintain cultivation and earn a profit.
Denmark’s IFU will invest $12.5 million in pharmacy chain AKS Khan Pharmaceuticals for the expansion of the latter’s network, targeting to cater to 8 million patients annually within three years.
The Bangladesh Bank issued a roadmap for scheduled banks to implement an expected credit loss (ECL) methodology-based provisioning system that aligns with international financial reporting standards by 2027.
