Corporate

Staff Correspondent: Prime Minister Sheikh Hasina yesterday urged the World Bank and other international organisations to boost their support for the countries hit by the Covid-19, the Russia-Ukraine war and climate changes.The premier made this call when World Bank Managing Director for Operations Axel van Trotsenburg paid a courtesy call…

BGMEA president urges to govt Industry Desk: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has urged the government to prioritise RMG in sector-wise gas supply.In a view exchange meeting with the journalists at Chattogram BGMEA Building, the BGMEA chief yesterdaysaid apparel makers are concerned over the government’s…

Prices doubled Staff Correspondent: Brick kiln owners over the country have been facing serious set back due to shortage of coal. A few kilns are operating with the fuel woods but the price of brick has doubled in the recent months.The coal import almost stops due to the LC crisis…

International Desk: The price of gold has hiked again in the international market. The value of the US currency, the dollar, has fallen. At the same time, the US Treasury yield has gone down. As a result, the price of the important metal has gone up again.This information was found…

Market fetches lack of confidence Mahfuja Mukul: The capital market of the country has passed a rubbish year 2022 due to the loosing trend and drainage of market capital.Most of the investors have lost capital this year instead of making profit. Even after trying to sell shares at a loss…

Ashfaque Choudhury: The automobile industry in Bangladesh has been growing rapidly over the past few years.In the past, the automobile industry in Bangladesh was limited to the assembly of cars from imported parts, but now the industry has gone beyond that and is manufacturing vehicles with locally made parts as…

Owes Tk 8,000 cr Zarif Mahmud: Biman Bangladesh Airlines was in controversy and criticism throughout the year. The agency has come under fire for mismanagement in ground handling, question leaks in recruitment tests, application to Civil Aviation Authority of Bangladesh (CAAB) for surcharge waiver, duty of four personnel on VVIP…

Price hikes and devaluation Golam Mostafa Jibon: Widespread global inflation and local currency exchange rate depreciation have had an adverse impact on the country’s private sector credit flows.Such a picture has emerged in a survey of the central bank. But the country’s policy makers have advised restraint to come out…