Paperfly likely to shut down

One of the post-pandemic period’s top logistics firms, Paperfly is poised to close down having stopped accepting orders since last week, in a grim reminder of the current challenges faced by Bangladesh's e-commerce sector. .“The company has stopped taking new orders since last week. After
30 September 2023, 16:30 PM

Gold prices fall for second time in three days

From tomorrow, prices of each bhori of gold will be Tk 98,210
30 September 2023, 14:55 PM

Bangladesh slips three notches in Global Innovation ranking

The country was ranked 105th in the latest GII, down from 102nd a year ago
27 September 2023, 19:13 PM

Grameenphone launches regional design bootcamp ‘Jelay Jelay Smart Uddyokta’

“Jelay Jelay Smart Uddyokta” initiative aims to foster entrepreneurship to address regional challenges and build local innovative solutions
27 September 2023, 15:55 PM

Former Ctg chamber president, his wife ordered to clear Tk 184 crore default loans

The duo has so far defaulted on loans of Tk 904 crore given by different banks
27 September 2023, 15:37 PM

Gold prices fall slightly

22-carat gold will be Tk 99,960 a bhori from tomorrow
27 September 2023, 15:09 PM

Ministries asked to send budget execution plan by Oct 8

The finance ministry made the call through a circular
27 September 2023, 13:57 PM

Forex reserve shrinks by $300 million in a week

The reserves hit $21.15 billion on Sep 26
27 September 2023, 13:21 PM

BBS Cables’ profit nosedives 88%

The company’s profit fell to Tk 9.74 crore in FY23 from Tk 80.66 crore in FY22
27 September 2023, 11:20 AM

Apex Footwear’s profit jumps nearly 21%

The company made a profit of Tk 16.71 crore in FY23
27 September 2023, 10:43 AM

‘BB governor worse performer than 70 countries’ central bank chiefs’

New York-based Global Finance magazine finds, reviews performance of central bank chiefs of 102 countries.
26 September 2023, 19:28 PM

Nearly 22,000 MFS accounts blocked for hundi, online gambling

The BFIU says in a meeting with commercial bankers
26 September 2023, 16:07 PM

No forward forex contract for over three months: BB

The forward forex rate will be Tk 113.85 a US dollar
26 September 2023, 14:56 PM

None communicated yet regarding ACU payment restriction: BB

The Bangladesh Bank (BB) is yet to receive any official communication neither from the US authorities nor from the Asian Clearing Union (ACU) regarding restriction on processing payments linked to the ACU.
26 September 2023, 14:09 PM

Emirates sweeps 9 awards at Monitor Airline of the Year

The Dubai-based airline won a total of five gold, two silver and two Bronze awards in various categories
25 September 2023, 11:16 AM

'Competition still missing in e-procurement'

The Transparency International Bangladesh says
25 September 2023, 10:25 AM

US dollar gets costlier

The Bangladesh Foreign Exchange Dealers' Association (Bafeda) and the Association of Bankers' Bangladesh (ABB) increased the rate at a virtual meeting
24 September 2023, 17:29 PM

Banks asked to work together to stabilise forex market

The central bank instruction came from a meeting between Governor Abdur Rouf Talukder and a delegation of the Association of Bankers Bangladesh (ABB)
24 September 2023, 17:22 PM

BGMEA demands fair price from buyers

The BGMEA made the demands in a letter sent to Action, Collaboration, Transformation (ACT)
24 September 2023, 16:04 PM

Exporters’ dollar retention limit lowered again 

Traders are allowed to keep a portion of their earnings in the export retention quota (ERQ) accounts to settle back-to-back letters of credit liabilities without facing exchange losses.
24 September 2023, 13:12 PM