Businesspeople: The pioneers of development
Businesspeople: The pioneers of development

The countrys economy is now in complete disarray. In the past 35 years, the country has never faced a crisis of this magnitude. Dr. Salehuddin Ahmed, the governments honest and honorable economic adviser, openly acknowledged that even Sri Lankas economic situation, which led to its bankruptcy three...

Businessman shot at Dhaka’s Mirpur
Businessman shot at Dhaka’s Mirpur

A businessman and her sister were shot and injured by some miscreants in front of their Pallabi residence in the capitals Mirpur early Saturday. The injured were identified as Md Jasim Uddin, 44, a TV showroom businessman and his sister Shahinur Begum. According to Mohammad Amir Hossain, a...

Businessman Abduction: DB Harun’s syndicate chief Abu Sadeq arrested
Businessman Abduction: DB Harun’s syndicate chief Abu Sadeq arrested

Abu Sadeq, the Managing Director of SS Group and the head of former DB chief Harun Or Rashids syndicate, has been arrested for his involvement in the abduction of a businessman and an attempted extortion of Tk 6 crore at the DB office. Sub-Inspector Abdul Kader of Ramna Police Station,...

The politics of ‘Radha Chakra’ and its terrible consequences!
The politics of ‘Radha Chakra’ and its terrible consequences!

Lets start with a story of a helpless businessman. He is 73 and has been engaged in business for 50 years. He used to run a big garments factory in Narayanganj. However, in the period of Covid-19, he suffered a loss of Tk 35 crore, which was followed by a series of crises. At first he was engaged...

Youth can change world: Prof Yunus
Youth can change world: Prof Yunus

Chief Adviser Professor Muhammad Yunus on Saturday said that young people can change the world as they have immense potential to do everything. We can change the whole world just for years...with the people who are sitting here in this room. This is a very easy task, he said while speaking at...

Business in trouble, trade thriving
Business in trouble, trade thriving

Two days ago, I met a businessman friend at a social event. He was accompanied by several other businessmen. The friend owns several garment and textile factories. The others are also of the same level. In conversation, I asked how the businessmen were doing? How was business going? One of them...

Businessmen to raise movement if VAT is not withdrawn
Businessmen to raise movement if VAT is not withdrawn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
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
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 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
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
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
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
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
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’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
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
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
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
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
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
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...