Reserves fall below $19 billion, first time in 11 months

$1.63 billion of ACU payment was settled today
12 May 2024, 15:41 PM

Govt launches food systems dashboard

Food ministry, BBS and GAIN worked together for it
12 May 2024, 14:12 PM

Renata ships first drug registered in Australia

The contraceptive pill named Levonorgestrel 1.5 mg is known by its brand name of Novella-1
12 May 2024, 11:21 AM

Russell T Ahmed reelected as BASIS president

Russell T Ahmed has been reelected as the president of the Bangladesh Association of Software and Information Services (BASIS) for a two-year term..M Rashidul Hasan was elected as senior vice president of the apex tread body of Bangladesh's ICT industry..It elected two other vice pre
11 May 2024, 11:35 AM

700 TEUs of containers miss shipment at Ctg port

However, workers resumed operations today early morning
11 May 2024, 11:20 AM

Multiple expos of CEMS-Global USA begin in Dhaka

150 companies of 15 countries are taking part in the events
9 May 2024, 13:20 PM

Forex reserves decline by $133 million in a week

The reserves hit $19.83 billion on May 8
9 May 2024, 12:42 PM

US dollar price rises up to Tk 125 in kerb market

Dollar price rose just a day after the introduction of the crawling peg
9 May 2024, 12:30 PM

‘Bangladesh economy showing resilience’

The first-ever Purchasing Managers' Index shows slower expansion at 62.2 in April
9 May 2024, 10:39 AM

‘Market-based interest rates will be painful for businesses’

CPD Distinguished Fellow Mustafizur Rahman says
8 May 2024, 19:17 PM

Nearly 80% of households have no access to credit: report

Nearly 80 percent of households of plainland ethnic minority communities have no access to credit, be it formal or informal sources, as per a new study made public yesterday.
8 May 2024, 18:00 PM

Removing SMART system a significant step: economist

Zahid Hussain, a former lead economist of the World Bank’s Dhaka office, termed as the most significant step the abolition of the SMART system among the three changes brought yesterday by the central bank.
8 May 2024, 17:17 PM
8 May 2024, 15:15 PM

Prioritise sustainable revenue generation, IMF tells Dhaka

IMF mission concluded its 15-day visit to Bangladesh today
8 May 2024, 13:15 PM

Stocks fall amid profit booking

The prime index of the DSE decreased 0.6% before closing the day at 5,690.78
8 May 2024, 12:22 PM

DSE seeks knowledge from Nasdaq, Swedish stock exchange

Cooperation is sought for product development, technology upgradation, monitoring and financial literacy
8 May 2024, 11:24 AM

Hike tax on cigarettes to boost revenue collection

The tax on cigarettes in Bangladesh should be raised in the national budget for fiscal 2024-25 to boost the country’s revenue generation and minimise health risks, according to experts.
7 May 2024, 18:30 PM

Tk 34,000 crore investment proposals came in Jan-Mar: Bida

302 industries will make the investments
7 May 2024, 14:54 PM

Economic crisis may deepen in 2026: Debapriya

Bangladesh will face a severe crisis in 2026 as the government has availed a significant amount of loans from foreign lending agencies and local banks which it will have to repay, said Bhattacharya.
7 May 2024, 13:56 PM

Crawling peg system: A welcome step but will it be enough to boost reserves?

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.
7 May 2024, 13:35 PM