Bangladesh Bank revises post import financing policy

The Bangladesh Bank today revised its policy for post import financing (PIF) in order to give clarification to banks as importers have faced complexities to get fund properly.
26 April 2022, 14:03 PM

Banglalink secures Tk 1,200 crore syndicated term loan

Telecom operator Banglalink today signed an agreement with 17 banks in the country to secure a five-year syndicated term loan of Tk 1,200 crore.
26 April 2022, 13:08 PM

Ex-Bangladeshi diplomat Khairuzzaman appeals to Malaysia Human Rights Commission seeking safety

Former Bangladeshi diplomat, M Khairuzzaman, has appealed to the Human Rights Commission of Malaysia, seeking safety – claiming that Bangladesh government is making attempts to bring him back home and "punish him for no reason".
26 April 2022, 12:32 PM

Tentultala ground: Police press on with construction

Police carried on construction work at the city’s Tentultala playground yesterday though Home Minister Asaduzzaman Khan said he had asked the city corporation and others concerned to find an alternative place for Kalabagan Police Station.
25 April 2022, 18:00 PM

Bangladesh's gas reserves drying up

The yield of Kailash Tila, the main source for Sylhet Gas Fields Ltd, was on average 69 million cubic feet per day in 2016, but it dropped to 29 million cubic feet in January this year.
25 April 2022, 18:00 PM

Carriers’ duopoly over Hajj must end

The demand for allowing a third carrier for operating hajj flights is getting louder as the existing system of ferrying the pilgrims to Saudi Arabia has been costing the hajis more and is creating a duopoly.
25 April 2022, 18:00 PM

Media workers bill: There’s room for revision

Information Minister Hasan Mahmud yesterday said he will sit with journalist union leaders and owners of media houses because there is room for revising the Mass Media Employees (Services Conditions) Bill 2022.
25 April 2022, 18:00 PM

TIB report on Covid baseless

Health Minister Zahid Maleque yesterday rejected Transparency International Bangladesh’s recent report on the Covid crisis, terming it “completely baseless”.
25 April 2022, 18:00 PM

BB to give Lanka another year to repay $200m

Bangladesh Bank is set to give Sri Lanka another year to repay the $200 million loan as it looks to lend a helping hand to the island nation, which is going through its worst debt and economic crises.
25 April 2022, 18:00 PM

Immigration of hajj pilgrims to be completed at Dhaka airport: Religious affairs ministry

Immigration of all aspirant hajj pilgrims will be completed at Dhaka airport this year, waiving the need to wait in long lines in Saudi Arabia.
25 April 2022, 15:46 PM

Denmark seeking to invest in Bangladesh’s technological sector: Danish team tells PM

The cooperation between Bangladesh and Denmark will be strengthened further in different sectors including technology and energy marking the 50 years of relations between the two countries.
25 April 2022, 14:18 PM

Direct shipping service from Ctg to Barcelona, Rotterdam soon

Another direct container shipping service between Chattogram and two European ports is going to be introduced next month.
25 April 2022, 13:11 PM

662 landless families to get houses in Bagerhat tomorrow

A total of 662 landless families in Bagerhat’s different upazilas are going to receive houses ahead of Eid from the government.
25 April 2022, 12:27 PM

3 flyovers, lane of bridge opened ahead of Eid to ease rush

The flyover on Dhaka-Tangail highway at Naujor opened to traffic today.
25 April 2022, 12:00 PM

No limit now on number of transactions through bKash, Nagad & others

Customers can now do unlimited transactions through mobile financial services (MFSs).
25 April 2022, 11:51 AM

No Covid deaths, 27 cases recorded in 24 hours

No Covid-19 deaths were reported in 24 hours till 8am today, said a press release issued by the Directorate General of Health Services (DGHS).
25 April 2022, 10:42 AM

Stocks fall after rising for four days

The prime index of the Dhaka Stock Exchange (DSE) broke the four days' gaining streak today while the turnover plummeted below the Tk 600 crore-level.
25 April 2022, 09:28 AM

Indonesia's palm oil export ban leaves global buyers with no plan B

Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia's surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia's invasion of Ukraine.
25 April 2022, 09:01 AM

Media workers bill: It conflicts with other laws

The proposed Mass Media Employees (Services Conditions) Bill conflicts with the prevailing judiciary, industrial law and the country’s labour law, said the Newspaper Owners’ Association of Bangladesh (NOAB) yesterday.
24 April 2022, 18:00 PM

Anti-religious messages: Man to serve eight years

A man was sentenced to eight years imprisonment and fined Tk 3 lakhs for hacking into another’s Facebook account and spreading anti-religious messages on the social media platform.
24 April 2022, 18:00 PM