Although companies listed with the Dhaka Stock Exchange (DSE) regained some strength in the early hours of trading yesterday, they eventually ended in a decline that extended their losing streak for the third day consecutively.
The American Apparel & Footwear Association (AAFA) has expressed support for revival of the Generalised System of Preferences (GSP) to reduce costs faced by US citizens.
Manufacturers and retailers estimate that 530,000 units were sold in 2023, increasing sharply from 330,000 units in 2022.
MJL Bangladesh, one of the nation’s leading lubricants companies, is going to buy 2.20 crore shares of Prime Bank in order to increase its stake in the lender.
Bank Asia is likely to acquire the Bangladesh operations of Karachi-based Bank Alfalah, according to information disclosed to the Pakistan Stock Exchange yesterday.
ADN Telecom, a leading IT and telecommunication service provider in Bangladesh, has availed land to set up facilities and locally manufacture telecommunication devices to substitute imports, according to company officials.
China and Europe face a "slow motion train accident" as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group warned on Wednesday, a day after Germany's chancellor conveyed European concerns to Beijing.
Professor Md Jonaid Shafiq, a renowned physician, has been elected as director of Meghna Bank.
20 DAE officers will get training on how to use the tech
Bangladesh now has 215 LEED-certified factories
Bank Asia is going to hold a meeting of its board of directors next Sunday and is likely to disclose the mater in detail, a senior official of Bank Asia said.
BSK Bangladesh will invest $6.14 million
Some 91,000 tonnes will be parboiled rice and 33,000 tonnes sunned rice
Dhaka stocks regained strength in the early trade today paring down the losses incurred in the first two days of trading after nearly a week of holidays.
If this comes into effect, a one-litre bottle of soybean oil will cost Tk 173, a five-litre bottle Tk 845 whereas unpackaged palm oil Tk 132 a litre.
As a state-run bank, BASIC Bank's officers and employees enjoy and job security alongside various employee benefits -- including salaries, provident fund facilities, gratuity, retirement allowance -- which may differ from those offered at City Bank.
Officials in the commerce ministry said subsidies may be provided on electricity bills, or in the form of technology upgradation funds and skills development funds.
They submitted a memorandum to Bangladesh Bank governor
Bangladesh economy to grow 5.7% in FY24, the lender says
Tesla will lay off more than 10 percent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles.
No new proposal will be accepted before the completion of the five, BB says
Oil prices slipped by about 1 percent on Monday, with the market downplaying the risk of broader regional conflagration after Iran's weekend attack on Israel.
The data registered quickly in markets that lowered the outlook for a Fed monetary easing, something global officials no doubt have noticed ahead of discussions this week that may center on whether the world's post-pandemic bout of inflation and tight monetary policy is ending, or simply on hold until it is clear what happens in the US
While green investment grew 20% last year, it is way short of the $1.5 trillion required this decade, and emissions in the 10 countries in the region could overshoot their 2030 pledges by 32% if they continue on their current trajectory, it warned.
MetLife Bangladesh recently signed a memorandum of understanding (MoU) with the department of banking and insurance of the University of Dhaka.
IPDC Finance has appointed a new managing director (MD), according to a press release received today.
Eastern Bank has recently penned an agreement with Unimart Limited, one of the premium superstores in Bangladesh.
Azeeza Aziz Khan, a director of the Summit Group of Companies, has been inducted into the Young Global Leader (YGL) by the World Economic Forum (WEF) for the class of 2024.
The Confederation of Asian and Pacific Accountants (CAPA) has appointed Abdur Rahman Khan, ex-president of the Institute of Cost and Management Accountants of Bangladesh (ICMAB), as chairman of the Public Sector Advisory Group (PSAG), effective immediately.
Bangladesh has sought duty-free access for its products shipped to Brazil to reduce the bilateral trade gap.
National Housing Finance has launched an Islamic wing at the company’s head office in Dhaka today.
Prof Eaysmin Ara Lekha, vice-chancellor of Uttara University, was conferred a Doctor of Literature (D.Litt) by Ranchi University on Friday, said a press release
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?
What are WTO’s duty-free benefits?
Why is Bangladesh facing economic problems? Why did the country fail to follow the IMF's loan conditions? What are the remedies?
EXIM Bank has promoted an official to the post of deputy managing director.
NCC Bank has signed an agreement with Bangladesh Rice Research Institute (BRRI) under which the bank will provide financial assistance worth Tk 90 lakh to a research project related to the development of a “Prilled Urea Applicator”.
US Ambassador to Bangladesh Peter Haas today inaugurated American bakery franchise Cinnabon in the capital today
The benchmark index of the Dhaka Stock Exchange (DSE) declined for the third consecutive day today.
The Washington-based lender said the economy would grow by 5.7 percent in 2023-24, lower than the 6 percent forecast in October. The gross domestic product (GDP) projection was 6.5 percent initially.
Despite facing a number of economic challenges, Bangladesh may end up importing more cotton year-on-year in marketing year (MY) 2024-25 to meet increasing global demand for garments.
The success and failure of any organisation largely depend on its leadership. Studies show that there is no “one size fits all” leadership style. Nevertheless, effective leaders do possess certain attributes which are extremely crucial for an organisation’s sustained success.
Bangladesh Bank has issued a notice today raising the interest rate on a pre-finance facility under a support safety retrofits and environmental upgrades programme (SREUP) to 7 percent from 5 percent.
The Premier Bank has signed an agreement with Nagad Ltd for the distribution of wage earners’ foreign remittance directly to the beneficiaries’ e-wallets.
Community Bank Bangladesh has declared a 10.40 percent cash dividend for the year 2023 today.