Foreign buyers look at fabrics at the opening day of Mill Week, a fabric and garment show organised by Zaber and Zubair Fabrics, a concern of Noman Group, at its corporate office at Gulshan in the city on Monday. — New Age photo Noman Group, one of the largest Bangladeshi apparel and textile companies, is […]

Photo:Mehedi Hasan The six nationalized banks have more default loans than the 39 private banks combined. And it is the common people who have to pay for their incompetency. A sizeable portion of the taxpayer’s money – Tk2,000 crore to be precise – is earmarked in the budget for recapitalization of banks. The budgets for […]

Car brands fond of Bangladeshi jute  They use the fibre in making interiors of vehicles Refayet Ullah Mirdha Bangladesh has the potential to become the main supplier of jute to the global car industry, which uses the natural fibre to manufacture the interiors of vehicles. The global car industry needs about 100,000 tonnes of jute […]

bKash provides 38,000 books to support Bishwo Shahitto Kendro reading program The bKash Limited, a mobile financial service provider in Bangladesh, has handed over around 38,000 books to Bishwo Shahitto Kendro to facilitate its ‘Nationwide Enrichment Program’ for students through reading. Major General Sheikh Md Monirul Islam (retd), chief external and corporate affairs officer of […]

Centre for Policy Dialogue chairman Rehman Sobhan speaks while prime minister’s international affairs adviser Gowher Rizvi, CPD distinguished fellow Debapriya Bhattacharya and United Nations Development Programme resident representative Mia Seppo look on at a CPD public dialogue titled ‘Bangladesh’s Graduation from the LDC Group: Pitfalls and Promises’ in Dhaka on Saturday. — New Age photo […]

Star Business Report The high non-performing loan ratio remains a key concern for the banking sector, said a country paper on Bangladesh that was presented at a conference yesterday. Between 2014 and 2018, the NPL ratio has been hovering above the 10-percent mark, according to the paper titled “A Review of the Activities and Performance […]

  PreviousNext Nine days after Boris Johnson dropped a broad hint that the end was very close, Britain has lifted an embargo on direct cargo flights from Dhaka. The decision was announced by British High Commissioner Alison Blake at a media briefing at Shahjalal International Airport on Sunday. Civil Aviation and Tourism Minister AKM Shahjahan […]

A internet file photo shows an oceangoing ship. Importers and manufacturers may get value-added tax waiver on import and manufacturing of oceangoing large ships having capacity above 5,000 DWT to make the sector vibrant, officials of the National Board of Revenue said. They said that stakeholders including different government offices, operators and manufacturers at a […]

Gold demand slid to an eight-year low point in 2017, an industry body said on Tuesday, as investors switched to riskier assets such as stock markets. Global annual demand fell to 4,071.7 tonnes last year, the World Gold Council (WGC) said in a performance report for the precious metal widely regarded as a haven investment […]

Bangladesh Bank Governor Fazle Kabir unveils the new monetary policy statement on the central bank premises yesterday. Deputy Governors Abu Hena Mohd Razee Hassan and SK Sur Chowdhury are also seen. Photo: Star AKM Zamir Uddin Trade deficit would hit a record $13 billion this fiscal year due to higher import payments against lower export […]