$10b RMG exports, $4b spent on raw material imports
Business Report : Garment Exports Add 59 per cent Value Amid Global Uncertainties, Signaling Steady Potential for Bangladesh’s RMG Sector Bangladesh’s ready-made garment (RMG) sector...
Business & Economy
UK economy shrank in April as tariffs, tax hike kicked in
AFP, London : Britain’s economy shrank more than expected in April, official data showed Thursday, in the first month of the Labour government’s business tax...
Holiday Trap: BD businesses struggle as economic activity slows
Business Report : Businesses in Bangladesh have fallen into a holiday trap, with economic activity slowing due to supply chain disruptions and bank closures during...
Brac Bank’s shafollo brings digital loans
Business Report : BRAC Bank’s digital financing programme, Shafollo, is expanding access to finance for underserved communities by offering the fastest, collateral-free loans with minimal...
Rawhide loans target fall short
Business Report : Bangladesh Bank’s initiative to inject Tk 232 crore into the leather sector for rawhide procurement during Eid-ul-Azha has fallen short, with only...
Asian shares stumble after Trump’s latest trade threat
AFP, Hong Kong : Asian shares were rattled Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks,...
VAT on online sales commission tripled, small traders at risk
Business Report : Businesses operating online, including those in e-commerce, had hoped the internet would become more affordable. To that end, they had demanded a...
Mercantile Bank holds dividend
Business Desk : Mercantile Bank has decided not to declare any dividend for 2024 after reporting a provision shortfall of Tk1,700 crore against non-performing loans...
BD Paints share rises 43pc in 5 days
Business Desk : In just five days, the stock price of BD Paints, a small and medium enterprise listed on the SME board of the...
Zara owner posts rising profit despite Trump trade war
AFP, MADRID : Zara owner Inditex, the world’s biggest fashion retailer, reported on Wednesday a slight rise in net profit in its first quarter despite...
Nestlé Bangladesh inks deal with Commercial Bank of Ceylon
Business Report : The Commercial Bank of Ceylon PLC Bangladesh Operations (CBC) recently has entered a strategic partnership with Nestlé Bangladesh PLC to arrange distributor...
