Jute sector needs low-cost funds like EDF: FBCCI

Businesses today called for arranging low-cost fund just like the Export Development Fund for the jute sector, which will provide entrepreneurs with loans at 2 per cent interest.
28 June 2022, 13:31 PM

Taka depreciates, 1 USD now Tk 93.45

The exchange rate of the taka stood at Tk 93.45 per dollar on Tuesday in contrast to Tk 92.95 on Monday.
28 June 2022, 13:19 PM

“What did you do when my son was murdered?”

“What did you do when my son was murdered? My son buy medicines for me. Fifteen days ago, he came to see me. My son loved me very much. I’m losing my mind... Please do something… Ensure justice for my son,” wailed 80-year-old Gita Bala Sarker, mother of school teacher Utpal Kumar Sarker, who died after a student hit him with a cricket stump on June 25.
28 June 2022, 12:58 PM

Non-banks’ top brass can remain directors of subsidiaries until Dec

The chairmen of non-bank financial institutions along with the heads of executive, audit and risk management committees who hold directorships of associated subsidiaries or foundations will be able to continue to serve in the latter positions until December this year.
28 June 2022, 12:57 PM

Flexible loan repayment facility for non-banks’ borrowers up to Dec

The borrowers of non-bank financial institutions will enjoy a flexible loan repayment facility up to December this year.
28 June 2022, 12:49 PM

Kuakata hotels offering up to 50% discount after Padma Bridge opening

Hotels in Patuakhali’s Kuakata beach area have been offering up to 50 percent discount to attract tourists after Padma Bridge opening.
28 June 2022, 11:22 AM

Stocks rise for second day running

Shares on the Dhaka Stock Exchange (DSE) rose marginally for the second consecutive day today.
28 June 2022, 10:51 AM

When Ctg port goes the extra mile to save Tk 800 crore export cargoes

The Chittagong Port Authority (CPA) has recently saved a severely damaged oceangoing ship, victim of an accident mid sea, which could have caused loss of export cargoes worth Tk 800 crore and block the whole channel for future navigation.
28 June 2022, 03:00 AM

Non-banks asked to form complaint cells at headquarters, branches

The Bangladesh Bank today asked non-bank financial institutions to form ‘complaint cell’ at their head offices and branches to resolve the complaints of clients.
27 June 2022, 13:44 PM

2 Covid-19 deaths, 2,101 cases in 24 hours

Two people died from Covid-19 in 24 hours till 8am today, said a press release issued by the Directorate General of Health Services (DGHS).
27 June 2022, 12:24 PM

Inflation might last for two years: World Bank chief

World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.
27 June 2022, 11:59 AM

Corruption case: Trial against Regent Group chairman Shahed begins

The trial against Regent Group Chairman Shahed Karim in a case filed on charges of acquiring illegal wealth worth Tk 1.69 crore, began with deposition of the complainant.
27 June 2022, 11:30 AM

“My tears have dried, please bring back my son”

“My tears have dried… There’s no trace of my son for over two months.”
27 June 2022, 11:17 AM

3 intended hajj pilgrims failed to go to Saudi due to agency fraud, ministry says

Three intended hajj pilgrims failed to go to Saudi Arabia this year thanks to fraudulence by a hajj agency. , Hajj pilgrims, Saudi Arabia, hajj agency, religious affairs ministry, Sabilul Jannat Air Travels Ltd, hajj and umrah management law, 2021, hajj management
27 June 2022, 10:58 AM

Those who opposed Padma Bridge are “enemies of Bangladesh”, High Court says

The High Court today (June 27, 2022) observed that those who had opposed the Padma Bridge construction are enemies of the country and nation, and they must be identified.
27 June 2022, 10:37 AM

DU “Kha” unit admission test result published, pass rate 9.87%

The admission test result of “Kha” unit, under Dhaka University’s arts faculty, for 2021-22 session has been published and the pass rate is 9.87 percent.
27 June 2022, 08:57 AM

Auto-rickshaw drivers block Savar highway, demand end to “extortion”

Battery-run auto-rickshaw drivers blocked Savar's Nabinagar-Chandra highway to protest what they claim is "police extortion" this afternoon (June 27, 2022).
27 June 2022, 07:45 AM

Despite ban, hundreds of motorbikes throng Padma Bridge toll plaza

Despite the ban on motorbikes on Padma Bridge, hundreds of two-wheelers have been showing up at Mawa toll plaza to cross the river since this morning. Around 500 motorbikes have been turned away by traffic police and the bridge’s toll authorities from 6am to 11:30am today (June 27, 2022).
27 June 2022, 07:15 AM

‘Bangladesh Bank should go for flexible rates for exchange, interest’

He came up with the remark while delivering speech at the “First MAM Kazemi Memorial Lecture on Monetary Policy” held in Bangladesh Institute of Bank Management.
26 June 2022, 19:02 PM

Bangladesh Bank updates environmental, social risk management guideline

The Bangladesh Bank yesterday published the updated version of its guideline on environmental and social risk management (ESRM) for banks and financial institutions to help the country attain development goals and address the sustainability agenda in the financial sector.
26 June 2022, 18:53 PM