Stocks rebound after five-day decline

The indexes of the stock market in Bangladesh rebounded yesterday, snapping a five-day losing streak..The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged up by 11.15 points, or 0.22 percent, from the previous day to close at 5,145..Similarly, the DSES, the index th
19 January 2025, 18:03 PM

Drugmakers hiring cross-discipline grads amid biomedicine expansion

Bangladesh’s pharmaceutical industry is undergoing a significant transformation, driven by young talent and innovation, according to pharmaceutical professionals. .The industry is shifting from chemical-based medicines to biomedicines, offering fresh graduates unique opportunities to shap
19 January 2025, 14:36 PM

No action taken based on white paper

The interim government has not taken any of the measures recommended by the white paper on the state of the Bangladesh economy even after a month and a half of the report’s submission, said economists yesterday.
18 January 2025, 18:00 PM

Goals set to bring good companies to market: DSE chairman

The DSE is trying to ensure tax benefits for investors and stop insider trading, he says at CMJF Talk
18 January 2025, 14:22 PM

Plot allocation in Patuakhali EPZ will begin in early 2026

Secretary to the Chief Adviser’s Office says after visiting the EPZ
18 January 2025, 11:54 AM

Excessive taxation barrier to affordable internet in rural areas: experts

The government's excessive taxation is the primary barrier to affordable internet access for rural communities in Bangladesh, experts said yesterday..When a mobile phone user buys a Tk 100 worth internet package, over Tk 60 goes directly into the government's pocket, they said..Since
16 January 2025, 15:10 PM

Global unemployment set to hold near historical low of 5 percent: ILO

Global unemployment remained steady last year at an historical low of 5 percent, where it is set to stay in 2025, the International Labour Organization said in a report on Thursday.
16 January 2025, 15:01 PM

Rules relaxed to import 3 lakh tonnes of rice

50,000 tonnes of white rice will also be purchased from Pakistan
16 January 2025, 14:56 PM

Inflation biggest concern for Bangladesh in 2025: WEF

The World Economic Forum (WEF) releases Global Risks Report 2025
16 January 2025, 13:13 PM

DCCI wants lower interest rates for private-sector credit growth

The leading chamber also demanded a loan classification deadline extension by 3 to 6 months
16 January 2025, 12:27 PM

Food processors protest tax hike

They also urge govt not to raise gas prices
16 January 2025, 11:54 AM

BSC to sell two fire-damaged ships as scrap at Tk 50cr

The Bangladesh Shipping Corporation (BSC) has decided to dispose of its two fire-damaged oil tankers, “Banglar Shourabh” and “Banglar Jyoti”, for Tk 50.56 crore, including value-added tax (VAT) and taxes..The amount was offered by Chattogram-based shipbreaker Master & Brothers, the highest
15 January 2025, 18:25 PM

US remains top country in credit card spending by Bangladeshis

The USA has been the top country in terms of international spending by Bangladeshi cardholders for the fifth consecutive month until November..The North American country replaced India in July last year when Bangladesh faced deadly student protests over public job quotas, which subsequentl
15 January 2025, 15:36 PM

NBR to reduce VAT on restaurants

The National Board of Revenue (NBR) is set to revise the value-added tax (VAT) on restaurants, reducing it from the standard rate of 15 percent..The tax administration informed the Bangladesh Restaurant Owners Association of the decision in a letter, though it did not specify the new rate.
15 January 2025, 15:04 PM

Int'l yarn and fabric show begins in Dhaka

The 23rd Dhaka International Yarn and Fabric Show 2025 (Winter Edition) began at the International Convention City Bashundhara in the capital’s Purbachal yesterday..Anwar Hossain, vice-chairman of the Export Promotion Bureau and administrator of the Bangladesh Garment Manufacturers and Exp
15 January 2025, 14:18 PM

Hasina, family members included in list for money laundering probe: BFIU

11 separate teams will be formed to investigate people, companies of 11 groups
15 January 2025, 13:41 PM

Most stock indexes fall for third day

Most stock market indexes in Bangladesh fell for a third consecutive trading day yesterday as skittish investors cautiously traded only select shares amid ongoing economic uncertainties..The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), dropped by 1.01 points, or 0.02 percent, f
14 January 2025, 18:13 PM

CPD teams up with Denmark for economic reform, green transition

Time has come to work on institutional strengthening, good governance, and make the systems transparent and accountable for Bangladesh, said Christian Brix Møller, the Danish ambassador to Bangladesh..He made the remarks at a signing ceremony with the Centre for Policy Dialogue (CPD) in Dh
14 January 2025, 15:09 PM

India to promote its textiles as political crisis hits Bangladesh’s exports, say sources

India aims to boost its textile and garments industry in next month's budget with financial support, tariff cuts on key inputs and incentives to produce locally, two government sources said..An ongoing political crisis in neighbouring Bangladesh, opens new tab has prompted global retailers
14 January 2025, 15:02 PM

ADP spending fell 19% in Jul-Dec

Tk 50,002 crore was spent in the period
14 January 2025, 14:38 PM