Economy to grow 6.9pc next fiscal year: WB

Bangladesh’s economy is projected to grow 6.9 per cent in fiscal year 2022-23 thanks to strong export growth and a rebound in domestic demand, the World Bank (WB) said in its Global Economic Prospects released on Tuesday.
12 January 2022, 18:00 PM

Central bank asked to start giving refunds to Qcoom customers

The Digital Commerce Cell (DCC) today asked Bangladesh Bank (BB) to start giving refunds of the money stuck in payment gateways since July 1 last year that was paid by the customers of Qcoom.
12 January 2022, 16:28 PM

Don’t impose lockdown, raise safety awareness instead: FBCCI president

The government should increase public awareness instead of imposing lockdowns in Bangladesh to handle the third wave of the Covid-19 pandemic, Md Jasim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said today.
12 January 2022, 12:16 PM

Bangladesh to grow 6.9% in 2022-23: World Bank

Bangladesh’s economy is projected to grow 6.9 per cent in fiscal year 2022-23 thanks to strong export growth and a rebound in domestic demand, the World Bank (WB) said in its Global Economic Prospects released yesterday.
12 January 2022, 09:13 AM

Govt to buy 90,000 tonnes of diesel from India: Kamal

The cabinet committee on public purchase today gave go ahead to the import of 90,000 tonnes of diesel from India's Numaligarh.
12 January 2022, 08:58 AM

$80 billion in export earnings set for 2021-24: Kamal

The government has set a target to hit $80 billion in export earnings in the latest Export Policy for 2021-2024, Finance Minister AHM Mustafa Kamal said today.
12 January 2022, 08:34 AM

Rangpur farmers find better returns from medicinal plants

The amount of land used to grow medicinal plants in Panchgachhi union of Rangpur’s Pirganj upazila has expanded significantly as farmers now find such crops more profitable considering that demand increased manifold over the past decade.
11 January 2022, 18:00 PM

D-8 summit on food security starts today

The seventh D-8 ministerial meeting on agriculture and food security is all set to begin today. The two-day event will be held virtually considering the coronavirus situation.
11 January 2022, 18:00 PM

Bangladesh: your next outsourcing destination

When Prime Minister Sheikh Hasina declared the vision of Digital Bangladesh on December 12, 2008, the ICT industry experienced its rebirth. Later, the government declared December 12 as Digital Bangladesh Day.
11 January 2022, 18:00 PM

Foreign aid use target to remain unchanged

The government plans to keep its foreign aid use target unchanged in the next fiscal year compared to the current fiscal year owing to lower utilisation of development allocations and projected reduced spending related to the pandemic, especially for vaccination.
11 January 2022, 18:00 PM

Rice price high despite new crop, ample imports

Rice prices have remained high in Bangladesh despite ample supply of the grain as farmers harvest the second biggest Aman crop, giving low-income groups a hard time amid persisting economic uncertainty. 
11 January 2022, 18:00 PM

DSE key index crosses 7,000 points again

The main index of the Dhaka Stock Exchange (DSE) touched 7,000 points after a month thanks to higher investor participation though the Omicron variant of Covid-19 slowly spreads across the country.
11 January 2022, 18:00 PM

Recovery strong, but macro-economy under strain: analysts

Bangladesh is staging a strong economic recovery from the coronavirus pandemic but the government should be cautious about tackling the pressures building up in some macro-economic indicators, said economists yesterday.  
11 January 2022, 18:00 PM

Bangladesh to make own brand of cars

Bangladesh  will manufacture its own brand of cars through state-run Pragoti  Industries which currently assembles vehicles of Japanese brand  Mitsubishi, said Industries Minister Nurul Majid Mahmud Humayun  yesterday.
11 January 2022, 18:00 PM

Onion production up 27pc: minister

Onion production has increased by about 27 per cent or 7 lakh tonnes year-on-year in fiscal year 2020-21, said Agriculture Minister Muhammad Abdur Razzaque yesterday
11 January 2022, 18:00 PM

Stocks cross 7,000 points again

The prime index of the Dhaka Stock Exchange touched 7,000 points mark today after a break of a month thanks to the higher participation of buoyant investors.
11 January 2022, 13:15 PM

Economy should remain open despite Omicron: Policy Research Institute

The Policy Research Institute (PRI) suggested keeping the economy open during the presence of the new coronavirus variant Omicron.
11 January 2022, 11:35 AM

Guliakhali beach now a reserved tourism zone

Guliakhali Sea Beach, a unique sea beach located in Sitakunda upazila, was declared a reserved area for tourism yesterday.
10 January 2022, 18:00 PM

Pakistan’s official wants continued support for exports

Pakistan’s top commerce official is pushing the government to bet big on the export industry by maintaining tens of millions of dollars of policy support even as the South Asian nation looks to tighten its fiscal belt in a mid-year budget this month.
10 January 2022, 18:00 PM

BB delineates CSR fund use

Bangladesh Bank yesterday issued guidelines on how banks and non-bank financial institutions should use corporate social responsibility (CSR) funds, with focus on education, health and climate issues.
10 January 2022, 18:00 PM