Archive / Business - 2020
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HC asks Robi to pay BTRC Tk 138crThe High Court yesterday ordered Robi to pay Tk 138 crore to the Bangladesh Telecommunication Regulatory Commission to pave the way for the operator to...Exports still in choppy watersExport earnings fell 5.84 percent year-on-year to $19.3 billion in the first six months of the fiscal year mainly because of lower shipment of apparel...Bangladesh economy to be 25th largest in 15 yearsBangladesh’s economy will make one of the biggest jumps between 2020 and 2034 on the back of demographic dividend and rising per capita income, according...Tesla aims to build 500,000 vehicles per year near BerlinTesla plans to build half a million electric vehicles a year at its future factory outside Berlin.Planning documents posted online Friday reveal that the U.S....Concord excited about govt move to phase out clay bricksThe government move to make the use of blocks mandatory in public construction will boost manufacturing of environment-friendly construction materials and encourage private businesses to...Solar energy prospects getting dimmerSolar energy installation has lost momentum in the last two years as the appetite for the cleaner electricity fell in the face of fast-expanding electricity...Growth slowest in seven yearsChittagong port posted a 3.32 percent growth in container handling in 2019, the slowest in seven years, pointing to a slowdown in economic activities. Port users...Two lakh tonnes of onion to arrive before RamadanThe government will import two lakh tonnes of onion soon to meet local demand and arrest any price spiral before the fasting month of Ramadan...Banks forfeit Tk 858cr in interestInterest waiver against bad loans more than doubled to Tk 858 crore in the first nine months of 2019 -- an indication of the desperation...Telecom service quality drops: BTRCThe overall service quality of mobile phone operators worsened last year compared to the previous years, the telecom regulator said yesterday, blaming the carriers’ poor...Remittance soars to record $18bRemittance hit an all-time high of $18.32 billion in 2019, much to the relief of the government that has been on edge for the lower...Kamal puzzled by stock investors’ behaviourMuch hue and cry is made every time the stock market falls, a sight not seen anywhere else in the world, said Finance Minister AHM...NBR gets new chairmanThe government yesterday appointed Senior Secretary Abu Hena Md Rahmatul Muneem as chairman of the National Board of Revenue (NBR) on a two-year contract. He will...Debonair Group to turn plastics into jacketsDebonair Group is set to establish a recycling facility to turn discarded plastic into yarn and fibres for manufacturing jackets, paddings and quilts, keeping in...City Group to snag its second licenceCity Group is set to get the licence today to establish an economic zone, which would be the 11th under the private sector, as part...Banks bracing for big hit on profitsBanks will have a hard time logging in profits in the coming days because of the latest government decision to fix interest rate for lending...Borrowers jump for joy at 9pc interestSadrul Hasan Ripon’s dream of building his own home on a piece of land he purchased in Keraniganj six years ago is set to materialise...Depositors up in arms over 6pc interestAnxiety gripped Ahmed Kabir the instant he learnt from the morning paper yesterday that the government has decided to fix a uniform interest rate for...