19h ago| Banks

Savers, small borrowers pay price as banks run after high profit

With the financial sector being weighed down by huge excess liquidity, banks have cut the interest rates on deposits at a faster pace than on loans, penalising savers and, to some extent, small...

19h ago| Banks

Bangladesh on cusp of industrial revolution

Bangladesh is on the cusp of an industrial revolution as incomes rise and technology plays an ever-increasing role in the economy, according to HSBC.

19h ago| Economy

Marketing biggest challenge for farm produce

With the advancements being made in agriculture, the biggest challenge now is marketing the produce, said Agriculture Minister Muhammad Abdur Razzaque yesterday.

19h ago| Global Economy

Southeast Asia’s factory powerhouses hit by vaccination woes, Delta

Fresh outbreaks of the Delta coronavirus variant in South-east Asia have crippled its factory sector, disrupting global supplies of goods such as rubber gloves, semiconductors and sports utility...

19h ago| Global Economy

Oil prices edge higher

Oil prices  edged higher on Wednesday, supported by a fall in US inventories and  Mideast geopolitical tensions, but the increasing spread of the  coronavirus Delta variant in top consuming...

19h ago| Global Economy

Sony posts Q1 profit jump

Sony Corp raised its earnings outlook on Wednesday after a record first-quarter operating profit helped by pandemic stay-at-home demand for PlayStation 5 consoles, TVs, music and movies.

Butterfly Marketing gets new MD

Butterfly Marketing has recently witnessed the appointment of a new managing director and chief executive officer.  The appointee, Mustafizur Rahman Shazid, had been serving Butterfly Group as...

19h ago| New Product

Alesha Card offers 50pc discount on supplies

Alesha Holdings is offering up to 50 per cent discount on the use of its “Alesha Card” on over 3,000 supplies.  The card can be availed with a one-time payment of Tk 7,980 and a yearly renewal fee...

1d ago| Press Releases

PRAN-RFL gives protective equipment to DRU

PRAN-RFL Group, one of the leading business conglomerates of the country, has given protective equipment to the Dhaka Reporters Unity (DRU) for its members.