Woven garment exports hit record high in Dec 2021

Bangladesh has ramped up its woven garment exports in recent months. The garments industry exported goods worth USD 1.86 billion in woven garments in December 2021 -- the highest recorded amount....

13h ago| Stock

Stocks rise for sixth day

Dhaka stocks ended higher yesterday maintaining its rally for the sixth day as investors remained upbeat in the midst of the release of second quarter results of companies.

13h ago| Economy

Bangladesh’s territorial waters saw no piracy in 2021: reports

No vessel, be it domestic or foreign, fell victim to theft or piracy within Bangladesh’s territorial waters according to published recently reports of two international organisations which...

13h ago| Banks

Scope for remittance cash incentive widens

Expatriate Bangladeshis will enjoy 2.5 per cent cash incentive if they remit five categories of service benefits in the form of remittance through formal channels, said the central bank yesterday.

13h ago| America

Fight to lower US inflation will be a haul: Biden

Lowering the record rate of US inflation will  “be a haul,” President Joe Biden said Wednesday, but he insisted the price increases will subside if supply chain snarls and component shortages are...

13h ago| Global Economy

Crisis-hit Sri Lanka hikes interest rates

Sri Lanka’s central bank hiked interest rates Thursday in a bid to tame rampant inflation and discourage consumer spending as the country suffers a foreign currency shortage and teeters on the...

13h ago| Global Economy

Canadian inflation hits 30-year high

Consumer prices in Canada exploded to a 30-year-high in December, partly due to supply chain disruption, Statistics Canada said Wednesday.

Unilever’s Sakshi recognised as global HR leader in Bangladesh

Sakshi Handa, human resources director of Unilever Bangladesh, has been recognised as the top most global human resource leader in Bangladesh by World HRD Congress.

UCB gets nod for shariah-based mutual fund

The Bangladesh Securities and Exchange Commission (BSEC) has approved a shariah-based open-ended mutual fund for UCB Asset Management.

Envoy Textiles to issue preference shares

Envoy Textiles has been given go-ahead by the Bangladesh Securities and Exchange Commission (BSEC) to issue fully redeemable non-convertible cumulative preference shares.