The think tank suggests wage increase amid price hike of essentials The Centre for Policy Dialogue on Monday proposed that the government should give priority to controlling inflation and raising revenue mobilisation in formulating the national budget for the forthcoming financial year 2023-2024. At a briefing on the CPD’s recommendations for the national budget FY2023-24 […]
Most chief executives of cos in BD fear further blowback ahead Over half of the Chief Executive Officers (CEOs), mostly of private companies, in Bangladesh fear inflation, macroeconomic volatility and geopolitical tensions to stay as top threats to their business growth over next 12 months. In ratings, inflation in domestic and global economies stands as […]
Dhaka stocks advanced slightly on Thursday after a two-day fall, but the turnover was low as most of the investors remained on the sideline amid economic worries in the country, market operators said. DSEX, the key index of the Dhaka Stock Exchange, gained 6.87 points, or 0.11 per cent, and settled at 6,220.24 points after […]
Dhaka stocks fall for 2nd day Share prices of 201 out of the 392 listed companies and mutual funds were stuck in their floor prices on Wednesday as 27 more companies and MFs were added to the list on the day. Market experts said the floor price system which the Bangladesh Securities and Exchange Commission […]
Stock markets sank on Wednesday on renewed fears of a burgeoning banking crisis, snapping a one-day rally as Credit Suisse led a rout in shares of major lenders. Global markets have been rattled by the collapse of tech sector lenders Silicon Valley Bank and Signature, which forced US authorities to intervene at the weekend to […]
Novoair CEO tells The Daily Star in an interview State-run Biman Bangladesh Airlines is dumping seats into the domestic market and making the routes economically unworkable for local private carriers, said Novoair Managing Director Mofizur Rahman. In an interview with The Daily Star at his office recently, Rahman said he welcomed competition but not at […]
ITO Naoki, Japanese ambassador to Bangladesh, says in an interview The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of official development assistance in 2020. Since the Covid-19 pandemic started more than a year ago, there has been a lot of talks and anticipation about Japanese businesses […]
Shohoz Founder and Managing Director Maliha M Quadir shares her thoughts at The Daily Star’s The Chief Executive Show powered by Marico “If you have knowledge, let others light their candles in it.” Like 19th-century American journalist Margaret Fuller, Maliha M Quadir, founder and managing director of Shohoz, the fastest-growing start-up in Bangladesh, believes in […]
Mubina Asaf, head of legal and external affairs at BAT Bangladesh, says during an interview with The Frontpage Bangladesh has made impressive strides in empowering women in recent decades. Today, women are better educated and holding top positions at government and corporate offices. But Mubina Asaf, head of legal and external affairs at BAT Bangladesh, […]
Think-tank RAPID projects as duty benefit to continue even in post-LDC era Bangladesh’s annual exports to the United Kingdom would reach $12.3 billion by 2030 as apparel shipments will continue to enjoy duty-free market access in the country even after becoming a developing nation, according to a new projection. “There are tremendous opportunities to raise […]
