BABUL BARMAN | 2023-08-08 00:00:00
Award winning Capitec Asset Management secured commendable returns at double-digit rates from investments out of its two open-ended mutual funds in FY22, which was much higher than from most other instrument vehicles. Its Shariah-based fund, Capitec Padma P.F. Shariah Unit...
Syed Fattahul Alim | 2023-08-08 00:00:00
Looking at the rise in the prices of commodities, essential or not, common sense says, the inflation is not slowing down at the expected rate. In July 2023, according to the Bangladesh Bureau of Statistics (BBS), the point-to-point inflation rate...
NAZIMUDDIN SHYAMOL | 2023-08-07 00:00:00
CHATTOGRAM, Aug 06: Chattogram's key commodity hubs Khatongonj and Chaktai have been hit hard by heavy rain and tidal waters over the last several days, leading to extensive losses for traders and businesses in the area.Continuous downpour since August 2...
REZAUL KARIM | 2023-08-07 00:00:00
India and Bangladesh are set to discuss an annual fixed quota for importing six commodities and food-grains from India to Bangladesh, sources said.The Indian High Commission in Dhaka has proposed the discussion, which will be held in a virtual format.The...
DOULOT AKTER MALA | 2023-08-07 00:00:00
Government's revenue authority moves to review a dozen cases of large taxpayers settled through ADR posthaste as it found entire claim to taxes written off, sources say. High-ups at the National Board of Revenue (NBR) suspect that government might have...
BABUL BARMAN | 2023-08-07 00:00:00
Non-bank financial institutions' (NBFIs) overall profit halved year-on-year in the first six months of this year, owing to rising costs of funds rendered by shrinking interest spread.The gap between borrowing and lending rates came down to a historic low at...
ISMAIL HOSSAIN | 2023-08-07 00:00:00
China's digital technology company KFL Group is planning to set up a router manufacturing plant in Bangladesh to produce the device at affordable prices. The company has expressed its willingness to invest Tk 1.0 billion primarily to manufacture the latest...
Neil Ray | 2023-08-07 00:00:00
A leading contemporary carries success stories of ordinary people or their unusual achievements under what may be called a shoulder headline or kicker, 'Samoyer Mukh' (face of the time). Yesterday it carried an interview of a mother who has passed...
Syed Fattahul Alim | 2023-08-07 00:00:00
Senior citizens often express their worries over the changes in the timing and nature of seasonal events such as late arrival of the winter, its shorter span or absence of rain in the rainy season. But people want to reassure...
DOULOT AKTER MALA | 2023-08-06 00:00:00
Import volume of some major revenue- generating products declined in the last fiscal year with resultant fall in government's collection of customs duty and taxes.Out of the ten sources of revenues, some 70 per cent are industrial raw materials used...
Mohammad Mufazzal | 2023-08-06 00:00:00
As many as 10 open-ended mutual funds (MFs) generated returns at double-digit rates between 11.9 per cent and 26.7 per cent in FY22, with investments concentrating on blue-chip stocks, according to EBL Securities. The high incomes from investments were derived...
Asjadul Kibria | 2023-08-06 00:00:00
That 'syndicates' are behind unusual rise in prices of essential commodities is more of a popular perception. Even policymakers often blame a section of traders for creating syndicates that have hitherto remained beyond the reach of the long hand of...
Nilratan Halder | 2023-08-05 12:00:00
Right at the time when the FIFA Women's World Cup is in progress in the two neighbouring countries across the Tasman Sea --- Australia and New Zealand, four women footballers of the under-17 Khulna divisional football team came under physical...
NAZIMUDDIN SHYAMOL | 2023-08-05 00:00:00
CHATTOGRAM Aug 04: Bangladesh Fertilizer Dealers Association (BFDA) alleged that they face extortion and the imposition of illegal tolls while collecting the crucial agricultural input from Chittagong Urea Fertilizer Limited (CUFL).During this peak Aman paddy- planting season, BFDA leaders have...
NAZIMUDDIN SHYAMOL | 2023-08-04 00:00:00
CHATTOGRAM, Aug 03: People in Chattogram are yet to be freed from waterlogging during the rainy season, despite several government projects initiated in 2018 to address the crisis. The situation remains challenging as heavy rains inundated low-lying areas of the...
SYFUL ISLAM | 2023-08-04 00:00:00
Labour issues are likely to take centre stage at the upcoming Dhaka-Washington talks on matters of advancing the Trade and Investment Cooperation Forum Agreement (TICFA). The seventh edition of the council is scheduled to convene in mid-September, just a few...
MOHAMMAD MUFAZZAL | 2023-08-04 00:00:00
The Dhaka Stock Exchange (DSE) has separated out 42 companies for inspection of physical entities for their failure to meet one or more obligations - holding annual general meetings, giving out dividends as declared, or paying listing fees. Inspections will...
Nilratan Halder | 2023-08-04 00:00:00
A three-member bench of the Appellate Division of the Supreme Court (SC), headed by Chief Justice Hasan Foez Siddique, pointed accusing fingers at the loan defaulting culture that smacks of outrageously discriminatory treatment. While failure to repay interests regularly on...
ISMAIL HOSSAIN | 2023-08-03 00:00:00
Top US firm Rockwell Automation has partnered with a local leading company in industrial automation and digital transformation to combine advanced technologies with the local workforce in the country's manufacturing and industries.Rockwell Automation has strategically partnered with Reverie Automation recently...
DOULOT AKTER MALA | 2023-08-03 00:00:00
Mahruz Khaled prefers to wear a mask on his way to school, although Covid-19 restrictions have been relaxed, as he feels safe from exhaust fumes."My parents also advised me to wear a mask as I had asthma until I was...
TASNIMUL ISLAM | 2023-08-03 00:00:00
In today's dynamic and competitive business landscape, possessing an entrepreneurial mindset and resilience is crucial for MBA graduates in Bangladesh who aspire to become successful entrepreneurs. Bangladesh's population size is estimated to be around 169 million. The average age of...
ASMA-UL-HUSNA | 2023-08-03 00:00:00
Every decision we make daily is related to our ultimate goal of achieving a safer and more secure future for ourselves. Whether it is choosing a healthier lifestyle, planning our finances and savings, learning new things, sharpening our skills, or...
Syed Badrul Ahsan | 2023-08-03 00:00:00
Yet one more coup d'etat has taken place in Africa. This time the military has deposed Niger's elected President Mohamed Bazoum and installed itself in power. After Burkina Faso and Mali, Africa is thus up against soldiers whose unbridled ambitions...
REZAUL KARIM | 2023-08-02 12:00:00
Bangladesh has decided in principle to join emerging vast trade-bloc styled Regional Comprehensive Economic Partnership (RCEP) on hope of boosting exports to the member-countries, sources said.The Ministry of Commerce (MoC) is expected to send by September a formal proposal to...
NAZIMUDDIN SHYAMOL | 2023-08-02 00:00:00
CHATTOGRAM, Aug 01: Movement of vehicles through the 93-year-old Kalurghat Bridge halted Tuesday for next three months as Bangladesh Railway (BR) has started its renovation work.However, the vehicles could still cross the Karnaphuli River by ferry during this period. Chief...
MUNIMA SULTANA | 2023-08-02 00:00:00
Even after the lapse of 10 years, the railways could meet only 5.0 per cent of its target to develop dual-gauge track to operate both metre- and broad-gauge trains.The delay is due to inability on part of the Bangladesh Railway...
DOULOT AKTER MALA | 2023-08-01 00:00:00
Decline in import of commodities and local manufacturing pulled Bangladesh's domestic tax-revenue growth down the average, to 10 per cent, in the past fiscal, and such "setback" is predicted to prolong for poll unrest. According to central bank data, the...
BABUL BARMAN | 2023-08-01 00:00:00
During the first half of this year, most listed multinational companies (MNCs) posted impressive profit growth compared to the same period last year due to efficient management, strong brand value and product-price increases. Despite pinching inflation affecting people's purchasing power,...
REZAUL KARIM | 2023-08-01 00:00:00
In an effort to streamline the shipment of fresh agri produce and bolster export revenues, the government has initiated measures to restrict the usage of six BADC cold stores near Dhaka airport as warehouses, according to sources.The decision comes in...
Syed Fattahul Alim | 2023-08-01 00:00:00
There is bad news for tigers. When the World Tiger Day was being observed, an unsettling report on tigers also came to light. Through a recently completed research, it has been found that Bangladesh is a centre for poaching of...
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