- War against extortion will continue: Jamaat Ameer
- Jamal wants more footballers like Hamza to play for Bangladesh
- Israeli airport suspends flights following Yemen's attack
- Recommendation made to cut addl duty on drugs: Adviser
- Tigress start U19 T20 World Cup defeating Nepal
- Civic volunteer convicted in RG Kar rape-murder case
- Don’t elect thieves: M Shakhawat
- Review hearing to restore caretaker government tomorrow
- Foreigners in Bangladesh increase spending on credit cards
- DMP files 3,251 traffic violation cases in Dhaka
- Two judges murdered outside Iran's Supreme Court: media
- ‘Palestinians, resistance thwarted Israel’s big plots in Gaza’
- EU ready to support Bangladesh during its political transition: Envoy
- British sci-fi classic ‘Doctor Who’ gears up for bold new adventures
- Bangladesh bowl out Nepal for 52 runs
- Night temperature may drop in parts of country
- Ready to govern Gaza: Palestine’s President
- "Current govt at risk by continuing budget of ousted Awami League"
- OpenAI, Retro Biosciences working to extend ‘human lifespan’
- Srijit Mukherji from aspiring sports journalist to filmmaker
Businessmen to raise movement if VAT is not withdrawn
Traders in the agro-processing sector have called for the withdrawal of the increased VAT and customs duties on processed food products. Traders in this sector have warned of taking to the streets with movement if initiatives are not taken to withdraw VAT and taxes within 7 days. At the same time,...
Research is vital for a country’s progress – DU VC Niaz Khan at UIU symposium
The importance of research in academic growth and national development was at the forefront of discussions at the 2nd Undergraduate Research Symposium (URS) 2024, organized by the School of Business and Economics (SoBE) at United International University (UIU). The award ceremony, held on Monday,...
Businessmen backed against the wall
Resentment among businessmen is mounting as they feel increasingly cornered by the challenges facing the economy. With no clear guidance to revive trade and business, many have turned to Bangladesh Bank Governor Ahsan H. Mansur, presenting a nine-point set of demands aimed at easing their burden....
Business owners push to close businesses due to rising costs
Business owners are dealing with the burden of higher operating costs. High inflation and reduced purchasing power have caused a decline in the sales of goods and services, creating conflicting challenges for them. As a result, they are not inclined to make new investments. Instead, they are...
A political government needed to overcome the economic crisis
The countrys business environment has become increasingly inhospitable, with the economy teetering on the brink of stagnation and crisis. Industrial capacity is dwindling, the devaluation of the taka against the dollar has disrupted raw material imports, and worker discontent is mounting as...
Pakistani business delegation to visit Bangladesh
Commerce ministry source said a 24-member delegation from the Federation of Pakistan Chambers of Commerce and Industries (FPCCI) will visit Dhaka from 10 to 15 January. During the visit, the delegation will meet chief adviser Dr Muhammad Yunus and commerce adviser Sk Bashir Uddin, the Pakistan...
Chinese company Geely Auto’s sales exceed 2.17 million units in 2024
Geely Auto has announced a record-breaking 2024 sales of 2.17 million units, marking a 32% year-on-year growth. Its international business saw a significant leap, with exports reaching 403,923 unitsup 53% from the previous year. The company authority claimed this huge sales on Monday in a press...
Dollar market in turmoil as Bangladesh Bank considers new system
The Bangladeshs dollar market is once again in turmoil, with the price of the US dollar surging by Tk7-8 within the past week, reaching Tk128-129. Just seven days earlier, the rate had been Tk121-122, signaling a return of volatility after five months of relative calm. This surge is causing...
Inkan unveils anti-fraud solution as business email compromise losses reach $5B annually
At its debut appearance at CES 2025, European deeptech pioneer Inkan.link introduced Sealfie, an innovative solution designed to tackle the escalating threat of Business Email Compromise (BEC), which costs businesses an estimated $5 billion annually. Sealfie takes a radically simple approach to...
Toyota’s global production declines for 10th month despite rising sales
Toyota Motor Corporation reported its 10th consecutive monthly decline in global production for November, even as sales rose for the second straight month. The Japanese automaker produced 869,230 vehicles worldwide, a 6.2% drop compared to the same month last year and a steeper decline than...
Local entrepreneurs are unable to cope
As apparently no one is standing beside the more than one crore small and medium-sized entrepreneurs across the country, they are struggling to survive on their own. Many of them are being forced to close their business because of economic crisis, bank loan shortage, bureaucratic complications,...
Businesses are in limbo as cash crisis continues
Business owners are facing snags while withdrawing cash. Although the flow of cash has slightly improved recently, the crisis is far from over. Small and Medium Enterprises (SMEs) and individuals traveling abroad are particularly affected. Many have complained that they cannot withdraw large...
Business being gradually destroyed
An uncertain situation prevails in the countrys trade and commerce sector after the political changeover. Besides businessmen are in a difficult situation due to various measures taken by the government. Businessmen are being affected due to such instabilities. As a result, the factories of several...
Businessmen in target like one-eleven situation
Businesses are once again reeling under the weight of fear, anxiety, and inconstancy. Following a travel alert issued in the extreme deterioration in law and order, foreign investors are losing trust, plunging the countrys investment climate to new squats. The situation on the ground is chaotic,...
Businesspeople call for security
Instability in the garment sector continues to persist. Since the beginning of this year, there have been protests over wages, factory attacks over the dominance of the Jhut business after the fall of the government, and most recently, a violent incident where workers attacked the factory owners...
Business collapses in Kolkata New Market
Every year, during winter season, Christmas and New Year celebration, Kolkatas New Market square used to be bustling with Bangladeshi tourists, but the scenario is completely different this year. In absence of Bangladeshi tourists, there has been a decrease in business by about 70 percent for...
BUILD, GIZ launch project on analyzing export data
Business Initiative Leading Development (BUILD) in collaboration with Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) launched a project on Enhancing Export Data Transparency for the Export Promotion Bureau (EPB) under the Programme for Sustainability in the Textile and Leather...
Dinosaur skeleton goes for 6 million euros in Paris sale
The skeleton of a 22-metre-long dinosaur (70 feet) fetched six million euros ($6.4 million) Saturday, journalists learned from auction houses Collin du Bocage and Barbarossa, reports BSS, citing AFP. Report says, an anonymous collector snapped up the vegetarian apatosaurus, which was excavated...
Businesses scuffle amid rising interest rates
The business sector in Bangladesh is grappling with a crisis due to successive increases in loan interest rates. Rising costs have stalled investments, creating widespread challenges. Business leaders point out that while consumer loan rates are typically raised globally to curb inflation, in...
CA appoints 3 special assistants to aid home, health, education advisers
Chief Adviser to the Interim Government Prof. Dr Muhammad Yunus has appointed three special assistants with the status of state minister, according to a gazette notification issued in Dhaka on Sunday evening. Under rule 3B (iia) of the Rules of Business, 1996, they have been given executive...
Misinformation, media trials cripple businesses
Businessmen continue to face numerous challenges, exacerbated by media outlets that spread false information about various businesses and financial institutions. Critics argue that these unfounded rumors and fabricated statements constitute a form of media trial. The medias intense scrutiny of...
Industrial production slumps amid investment crisis
The country is experiencing stagnant investment due to various issues, including high interest rates, instability in industrial zones and a power and energy crisis. This has stunted job creation, and industrial production has hit rock bottom. Amid the push to create extensive employment for...
Businessmen in fear of decline in investment
Bangladesh Banks effort to control inflation is going on and they increase the policy interest rate thrice in three months. However, the businessmen are in fear of losing investment due to the increase in policy interest rate. According to them, the interest rate on personal debt will be increased,...
Safety for entrepreneurs essential to resolve business crisis: Mir Nasir Hossain
In an interview with Bangladesh Pratidin, Mir Nasir Hossain, the former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and former director of Eastern Bank, shared his insights on the countrys state of trade, private sector, and the overall economy. He...
Business owners struggle to bounce back from losses
Following the StudentPeoples uprising that resulted in the collapse of Sheikh Hasinas government, extensive violence erupted throughout the countrys industrial sector. Several factories in Gazipur, Narayanganj, Ashulia, and Savar were vandalized and set on fire. This halted production and...