Over half of the government’s total revenue expenditure during the first four months of the current fiscal year of 2024–25 was on interest payments alone, mainly due to increased borrowing and a rise in the interest rates.

The Bangladesh Securities and Exchange Commission has approved Dutch-Bangla Bank’s plan to raise Tk 1,200 crore through subordinated bonds, according to a stock exchange disclosure.

The Bangladesh Standards and Testing Institution (BSTI) has decided to issue temporary clearance certificates for imported industrial raw materials under certain conditions, focusing on service simplification and the issue of port demurrage for businesses.

Bangladesh’s garment exports to the European Union grew by 2.99 percent year-on-year to $18.15 billion in the January-November period of 2024.

Clay bricks cost Tk 12 per piece. A hollow block, which is four times larger than a clay brick, is priced at Tk 50.

SM Rezaul Alam, one of the sponsor directors of Walton Hi-Tech Industries PLC, is transferring shares worth a total of Tk 610 crore as per the current market value to his daughter and spouse “by way of gift”.

Summit Group has urged Petrobangla to reconsider its decision to cancel the country’s third floating storage and regasification unit (FSRU) project.

Bangladesh’s garment shipments to the USA, the South Asian country’s single largest export destination, have been falling over the past two years due to a market correction although other major countries have already adjusted to the scenario.

Veon CEO Kaan Terzioglu revealed the plan during an interview with Bloomberg at the World Economic Forum in Davos.

Business delegations of the two nations sat in a meeting today at the FBCCI

Mostofa Azad Chowdhury Babu is the managing director of Chashi Cold Storage Limited

The five-year SME Policy is scheduled to come into effect in July this year and end in June 2030

In the 11 months, Bangladesh shipped garments worth $18.15 billion, second highest after China

The clearance will be issued on a consignment basis under certain conditions

The events will feature nearly 100 exhibitors

Petrobangla notified Summit on October 7 last year that the project in southeast Bangladesh would be terminated, followed by a final termination notice on January 14

NBR said it has slashed VAT on ready-made clothes, restaurants, sweets, non-AC hotels and motor workshops and mostly restored to the previous levels

DSEX dropped 5.09 points as of 11:38 am  

The BGMEA urged the AAFA, which represents over 1,000 globally renowned brands, retailers, and manufacturers, and the FLA to promote responsible purchasing practices that benefit both buyers and suppliers. 

Thousands of workers held a mass rally yesterday in Gazipur, demanding the reopening of all 16 factories which were shut down within the Beximco Industrial Park.