China eyes negotiations as Trump threatens new tariffs

As Donald Trump steps up his tariff threats against China, Beijing is moving to beat the next US president to the punch with its own restrictions and get Washington to the negotiating table ahead of a full-blown trade war, analysts say.
15 December 2024, 18:00 PM

AIIB to give $159m for power project

The interim government has signed an agreement with Asian Infrastructure Investment Bank (AIIB) to avail a $158.89 million loan to implement a power transmission infrastructure project through Power Grid Bangladesh.
15 December 2024, 18:00 PM

Age limit for entry-level bank jobs now 32

The Bangladesh Bank has raised the maximum age limit for people seeking entry-level positions in the banking sector to 32 years from 30 in line with an identical shift for public service positions.
15 December 2024, 18:00 PM

Health spending falls substantially in Jul-Nov

The health ministry’s development spending has dropped substantially year-on-year in the first five months of the current fiscal year, despite the interim government’s move to raise its allocation in the revised budget.
15 December 2024, 18:00 PM

Salehuddin blames extortion for persistent inflation

Finance Adviser Salehuddin Ahmed said yesterday that inflation is not slowing despite tariffs being reduced on many goods due to the prevalence of extortion across the supply chain.
15 December 2024, 18:00 PM

High inflation sent another 78 lakh into poverty in past two years

Over the past two years, real income reductions due to ongoing inflationary pressure have pushed at least 78 lakh people into poverty, shows the study by the Research and Policy Integration for Development (RAPID).
15 December 2024, 18:00 PM

$158.89 million AIIB loan availed for power infrastructure project

Power Grid Bangladesh PLC will implement the project
15 December 2024, 14:29 PM
15 December 2024, 13:56 PM

Maddhapara Granite Mining becomes dependent on loans for declining sales

The lone hard rock mining company under Petrobangla is now even selling its produce at Tk 500 lower than production cost
15 December 2024, 13:32 PM

Taskeen Ahmed, new president of Dhaka Chamber

The leading trade body also gets new senior vice president and vice president
15 December 2024, 10:38 AM

Bangladeshis spend $5b annually on medical treatment abroad, says BB governor

Mansur said that much of this expenditure occurs unofficially, placing considerable pressure on the country's balance of payments.
15 December 2024, 07:45 AM

Inflation pushes 78 lakh people into poverty in two years, says RAPID

Among the 78 lakh people, 38 lakh have become extremely poor
15 December 2024, 07:28 AM

Maksons Spinning Mills posts Tk 40 crore loss in Q1

Rising raw material costs and financial charges caused the loss  
15 December 2024, 06:54 AM

Stocks break losing streak 

DSEX gains 35.70 points as of 11:10 am 
15 December 2024, 05:41 AM

Price of garments exported to the US fall

The prices of major garment items exported to the US declined year-on-year in the January­-October period this year as American consumers are yet to recover from heightened inflationary pressures..During the 10 months, the price of men’s cotton woven trousers declined by 7.7 percent, accor
14 December 2024, 18:03 PM

Corporate governance failure in Bangladesh

With the economic development of Bangladesh, the number of corporate bodies, especially led by the private sector, has increased significantly over the years.
14 December 2024, 18:00 PM

Flower farmers expect bonanza as peak season starts

Flower farmers expect a bonanza in December as the peak season for flowers has begun, which will continue until April next year.
14 December 2024, 18:00 PM

A depressing week for stock investors

Stock investors saw further declines in major indices as many listed companies presented lacklustre earnings disclosures for the first quarter of the current fiscal year of 2024-25.
14 December 2024, 18:00 PM

Is cooling red-hot inflation to 7% by June possible?

The central bank governor projects cooling the red-hot inflation, which has hovered above 9 percent since March last year, to 7 percent by June next year.
14 December 2024, 18:00 PM

Food distribution falls despite persistent inflation

Despite the fact that the population has been reeling from heightened inflationary pressures over the past two years, public food distribution under various social protection schemes fell by about 6 percent year-on-year in the first half of the current fiscal year.
14 December 2024, 18:00 PM