Overall output of Bangladesh's large and medium industries surged, propelled by export-propped clothing sector, but a large number of others saw a slump as per latest data.Many believe the country has been reeling from the impact of the Ukraine war hot on the heels of pandemic covid shocks which disrupted...
Read moreSpeakers at a webinar have demanded annulling the provision of making capacity payments to idle power plants to keep down overall electricity-generation costs and keep the national economy vibrant.They also have suggested a pragmatic forecast over the country's power and energy demand to avoid keeping the ready power plants idle...
Read moreA final reckoning starts on the outcome of providing trade subsidy to different sectors and how further they need it to become self-reliant as spoon feeding has to stop after Bangladesh's LDC graduation. Finance officials have said in the current fiscal year 43 sectors are selected for cash incentives or...
Read moreCHATTOGRAM, Sept 23: Possibility of refining imported Russian heavy crude at Eastern Refinery Limited (ERL) waned further as the country's lone refiner has said in a report that it does not have the capacity to refine the lower grade oil. The ERL submitted the 20-page report to the chairman of...
Read moreGrueling inflation now forces a section of low-income people either to go back to villages or shift their family members as a coping strategy, in a repeat of the corona-driven reverse migration. Some analysts see signs of recession in the economy for such twists as these people used to man...
Read moreStocks back in black after correctionStocks bounced back in the outgoing week, returning to uptrend after a single-week correction, with investors mostly focused on selective large-cap issues. Of the five trading days this week, three sessions posted gains while two others suffered losses amid high volatility, as many investors were...
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