‘Govt to act if telcos don’t cut internet prices’

The government will take measures if mobile operators fail to reduce internet prices, said Faiz Ahmad Taiyeb, the special assistant to the chief adviser with executive authority over the Ministry of Posts, Telecommunications and ICT.
15 May 2025, 18:00 PM

Interest payments, subsidies soak up almost half of budget

Interest payments and subsidies have absorbed nearly half of Bangladesh’s total budget expenditure in the first seven months of the current fiscal year, underscoring growing fiscal stress and raising concerns over public finances.
15 May 2025, 18:00 PM

Gold falls to more than one-month low

Gold prices dropped to their lowest in more than a month on Thursday as investors waited for a key US inflation print for cues into the Federal Reserve’s policy path, while thawing US-China trade tensions dented the bullion’s appeal.
15 May 2025, 18:00 PM

WB approves $270m to support Bangladesh’s flood recovery

The World Bank has approved $270 million in financing to help Bangladesh recover from the flooding last year and strengthen its resilience to future climate-related disasters.
15 May 2025, 18:00 PM

Pubali Bank’s profit up 4% in January-March

Pubali Bank PLC saw its earnings increase in the first quarter of the financial year 2025.
15 May 2025, 18:00 PM

Bata’s profit doubles in Q1

Bata Shoe Company (Bangladesh) Ltd’s profit doubled in the first quarter of 2025, driven by higher sales and revenue growth.
15 May 2025, 18:00 PM

Crisis ignored, crisis ensured

If you place a frog in cold water and gradually heat it, the frog won’t react; it just adjusts, thinking “I can handle this”. But as the temperature keeps rising, it reaches a point where the frog realises it must escape. Sadly, by then, it’s too weak to jump. It didn’t die from the heat; it died from not acting in time. That’s the “Boiling Frog Syndrome”.
15 May 2025, 18:00 PM

Currency unleashed: Handle with care

The Bangladesh Bank (BB) has, somewhat unexpectedly, reverted to the exchange rate regime announced on December 31, 2024, effectively transitioning the country into a free-floating currency system.
15 May 2025, 18:00 PM

Dollar remains stable as BB adopts market-based rate

The US dollar rate remained stable yesterday although Bangladesh adopted a market-based exchange rate regime the day before, giving some relief to businesses and importers.
15 May 2025, 18:00 PM

NBR officials vow to continue strike

Protesting officials and employees of the National Board of Revenue (NBR) yesterday vowed to continue their pen-down strike on Saturday, pressing a three-point demand, including the repeal of a new ordinance on restructuring the revenue administration.
15 May 2025, 18:00 PM

Economy on path to recovery: experts

Bangladesh’s economy is recovering after months of slowdown, with stability returning and confidence growing across various sectors, according to experts.
15 May 2025, 18:00 PM

Focus on quality and compliance to thrive after LDC graduation

Bangladesh’s transition from a least developed country (LDC) to a developing one will require a strong focus on quality, regulatory compliance, adherence to global standards, and environmental sustainability, an expert said yesterday..However, as businesses feared an erosion in duty benefi
15 May 2025, 15:35 PM

NBR moves to speed up auction of abandoned goods

About 2 lakh tonnes of imported goods left abandoned at Chattogram port alone for years
15 May 2025, 15:16 PM

Padma Oil managing director sends resignation letter from USA

He went there on leave to see his ailing wife
15 May 2025, 14:46 PM

NBR officials vow to continue strike

The revenue administration should become more effective, progressive, and free of corruption, and the reform process must not be used as a tool to serve the vested interests of any particular group, protestors said.
15 May 2025, 14:32 PM

Container handling, transport at Ctg port, ICDs suspended for 11 hours

The prime movers workers' union enforced the work abstention, protesting police assault on its president Selim Khan and two fellow workers on Tuesday
15 May 2025, 14:24 PM

Mohammad Hatem becomes BKMEA president

He will serve the association for the 2025–27 tenure
15 May 2025, 13:48 PM

Robi’s Q1 profit rises 17.6% to Tk 125.5 crore

However, the telecom operator’s revenue falls 7% in the January-March quarter of 2025
15 May 2025, 13:18 PM

Tokyo, Osaka top trending destinations for summer travel

Mastercard Economics Institute says in its report on travel trends in 2025
15 May 2025, 11:54 AM

NBR officials continue strike for second day

The protest comes in response to the government’s decision last Monday to form two new wings, the Revenue Policy Division and the Revenue Implementation Division
15 May 2025, 10:46 AM