Strengthening Idra crucial for reforming insurance sector

In order to reform the insurance sector, it is important to strengthen the Insurance Development and Regulatory Authority (Idra), according to Idra Chairman M Aslam Alam.
13 March 2025, 03:45 AM

Fifth sukuk oversubscribed by three times as govt raises Tk 3,000cr

The government yesterday received a huge response from investors centring its initiative to raise Tk 3,000 crore through sukuk, a Shariah-compliant bond, to fund the construction of bridges to connect rural roads.
12 March 2025, 18:43 PM

LafargeHolcim’s sales, profits dropped last year

LafargeHolcim Bangladesh saw a drop in sales and profits in 2024 amid the political changeover and a challenging macroeconomic environment.
12 March 2025, 18:30 PM

Moody’s cuts banking outlook to negative

Moody’s Ratings has downgraded Bangladesh’s banking system outlook from “stable” to “negative”, citing rising asset risks and worsening economic conditions.
12 March 2025, 18:00 PM

Gold price steady

Gold prices held were little changed on Wednesday, with the market’s attention on US President Donald Trump’s tariff policies and a key US inflation report due later in the day.
12 March 2025, 18:00 PM

CPA step yields results as yards clear up

A prior warning from the Chittagong Port Authority (CPA) about a fourfold hike in container storage charges for longer stays has proved fruitful in combating acute congestion inside the port yards.
12 March 2025, 18:00 PM

Bangladesh imports over five times its exports to Saarc nations

Imports from Saarc accounted for 15.44 percent of Bangladesh's total imports of $63.22 billion in FY24, up slightly from a year earlier.
12 March 2025, 18:00 PM

New committee formed to review reserve heist

The interim government has formed a new committee, headed by Asif Nazrul, adviser for law, justice, and parliamentary affairs, to review the reserve heist from Bangladesh Bank that took place in 2016.
12 March 2025, 18:00 PM

Political will key to unlocking Bimstec’s potential

In spite of bridging South Asia and Southeast Asia, the seven-member Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) has failed to emerge as a powerful economic bloc due to a lack of political will and trade barriers, economists say.
12 March 2025, 18:00 PM

A lighthouse to businesses

In a war-ravaged country following the independence of Bangladesh, very few braved the risk of leaving a well-paid job to become a businessman.
12 March 2025, 18:00 PM

BB reconstitutes board of three private banks

The Bangladesh Bank (BB) today reconstituted the board of directors of three private commercial banks. 
12 March 2025, 13:52 PM

Rice shipments arrive from Vietnam, India

Two shipments of rice from Vietnam and India recently arrived at Chattogram port as part of the government’s initiative to bolster food stocks and stabilise domestic prices.
12 March 2025, 13:27 PM

NBR extends corporate tax return deadline to April 30

The National Board of Revenue (NBR) has extended the deadline for companies to file their income tax returns until April 30 this year.
12 March 2025, 13:20 PM

Stocks rise for third day

The benchmark index of the DSE rose by 0.32 percent to 5,216 points
12 March 2025, 09:59 AM

Square Pharma vice chairman eyes shares worth Tk 33 crore

Her declaration came within months of similar announcements made by three other sponsors
12 March 2025, 09:42 AM

Syed Manzur Elahi: a visionary entrepreneur and nation-builder

Syed Manzur Elahi was one of Bangladesh’s most distinguished industrialists and entrepreneurs.
12 March 2025, 04:52 AM

Postal Department to reclaim illegally-occupied properties

Efforts will be made to reclaim the properties of the Postal Department that have been illegally occupied over time, said Faiz Ahmad Taiyeb, special assistant to the chief adviser for the post and telecom ministry.
11 March 2025, 21:23 PM

India’s edible oil imports hit 4-year low

India’s edible oil imports in February plunged to their lowest level in four years, led by declines in soyoil and sunflower oil imports, dragging inventories to their lowest level in three years, a leading industry body said on Tuesday.
11 March 2025, 18:00 PM

Trump’s tariffs create the ‘Wild West’ on Wisconsin’s factory floors

AriensCo - a manufacturer of bright orange snowblowers - has braced for the cold blast of tariffs since November.
11 March 2025, 18:00 PM

Watermelon cultivation surpasses target

Although watermelon cultivation has surpassed the target and farmers are celebrating a bumper yield this season, prices remain three times higher in major cities than at farm-level rates in Barishal—one of the largest watermelon-producing hubs in Bangladesh.
11 March 2025, 18:00 PM