Power, energy sectors saddled with $5bn outstanding payment
Business Desk : The country’s power and energy sectors have been hit by a severe cash crunch, especially the US dollar, piling up a huge...
Business & Economy
Govt employees pay hike temporarily fuelled poverty
Business Desk : The government’s decision to raise salaries of all public sector workers by 100 percent in 2015 had inadvertently pushed many least skilled...
Turnover drops over 34% at Dhaka bourse
Business Desk : The turnover value of the Dhaka Stock Exchange (DSE) dropped over 34% to Tk412 crore on Sunday compared to the previous session.Perhaps,...
Pacific Jeans Group to set up $55m garment factory in Adamjee EPZ
Business Desk : Pacific Denimwear Ltd, a unit of Pacific Jeans Group, plans to invest $54.5 million to establish a garment factory in the Adamjee...
Decline in RMG exports to US, top EU destinations
Business Desk : Export of readymade garment (RMG) from Bangladesh witnessed negative growth to its single largest (US), second single largest (Germany), and overall largest...
BYD is making their electric car debut in Bangladesh
Business Desk : In an astounding move, global electric vehicle (EV) giant BYD, headquartered in Shenzhen, is preparing to launch its first car in Bangladesh...
H&B quickly becomes a popular brand in US market
Online Desk: Americans adopted the H&B brand as a clothing line in the US market. Compared to other expensive name brands, H&B brand offers affordable...
US revises 3rd quarter growth down to 4.9pc
Agency :Economic growth in the United States was slower than anticipated in the July to September period, government data showed Thursday, with consumer spending turning...
Shabbir elected as President & Motaher as SG of BMCCI
Business Desk :Shabbir A Khan, Chief Executive Officer (CEO) of Khan & Deen Traders has been elected as President of the Bangladesh Malaysia Chamber of...