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Business

Unable to supply, rice millers stop production

Rice miller Mohammad Khaleq had no other option but to close down his mill three weeks ago. He had invested Tk20 lakh, taking loan from banks to make more profit in this full Aman paddy season. “I am almost bankrupted,” ...

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Blockade causes Tk 4.59 billion loss to Bangladesh’s leather sector

The ongoing countrywide blockade enforced by the BNP-led alliance has caused Tk 4.59 billion loss to the leather sector, bThe Bangladesh Tanners’ Association gave this figure at a press conference held at Dhaka Reporters’ Unity on Monday.The organisation urged political ...

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Govt plans to trim growth target as blockade bites

The government plans to revise down its economic growth target for the current fiscal year as the ongoing countrywide blockade and the associated violence have continued to hit the economy hard. “We will have to revise it because of the ...

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Business leaders form human chain for trade-friendly atmosphere

Leaders of different trade and labour bodies formed a human chain in front of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Bhaban at Karwan bazar in Dhaka urging the prime minister to ensure political stability to boost business in Readymade ...

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Digilearn Signs Agreement with Cool

MOS World Championship 2015 Opens in Bangladesh First Time Ever Here’s a fascinating prospect for the Microsoft genius on land, willing this time to win the world. The global talent hunt titled the Microsoft Office Specialist World Championship searching for ...

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Blockade drives rice prices

An indefinite BNP-sponsored blockade has started impacting Dhaka’s rice market, exhausting the traders’ stockpile and pushing prices by at least Tk 2 per kg.Violence on Bangladesh’s highways during the blockade has severely disrupted shipments of goods leading to a supply ...

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PM asks foreign ministry officials to be more active

Prime Minister Sheikh Hasina has warned the diplomats against the ‘vicious moves’ to tarnish the image of the country through false propaganda. She instructed the policy makers and related officials of the foreign ministry to fight against such propaganda and ...

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Gold prices rising

Bangladeshis will have to pay more for the glitter. After dropping thrice recently, the price of gold have risen by Tk 1,500 per bhori (11.664 grammes). The new rate of just over Tk 46,000 for a bhori of gold will ...

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The government has endorsed a project to install new dual-gauge rail lines on the Dhaka-Narayanganj route to facilitate commuting between the two cities. The Executive Committee of the National Economic Council (ECNEC), chaired by Prime Minister Sheikh Hasina, cleared the ...

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China unveils fresh support measures as economy shows renewed weakness

China announced fresh support measures on Friday for its slowing economy after data showed a worrying drop in bank lending and foreign investment growth falling to a two-year low. The central bank said it would lend 50 billion yuan ($8.1 ...

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