Bangladesh’s exports may rise as Trump considers tariffs on China, says top businessman

"The imposition of higher tariffs on Chinese goods by the Trump administration could prompt international businesses and investors to turn to Bangladesh," Ahsan Khan Chowdhury, chairman of Pran-RFL Group, said today
10 December 2024, 08:54 AM
10 December 2024, 07:00 AM

BFIU asks banks to provide account details of Hasina, Rehana

The anti-money laundering agency also seeks banks details of Bangabandhu Sheikh Mujibur Rahman Memorial Trust 
10 December 2024, 05:31 AM

Stocks up in morning trade  

Total turnover stood at Tk 80.31 crore
10 December 2024, 05:27 AM

NBR conducts drive at resort of ex-DB chief’s relatives

The National Board of Revenue’s (NBR’s) Central Intelligence Cell (CIC) yesterday conducted a drive at “President Resort” in Kishoreganj, around 100km north of the capital.
9 December 2024, 21:10 PM

What exactly were global institutions overseeing?

Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the country faces increasing pressure from escalating debt servicing obligations.
9 December 2024, 20:10 PM

Bangladesh has 1.22cr economic enterprises

There are 1.22 crore economic enterprises across the country, according to the Bangladesh Bureau of Statistics (BBS)..Among them, 76 lakh are business establishments and 46 lakh are economic units, the national statistics agency found during the primary mapping ‍and listing work for the co
9 December 2024, 18:48 PM

DSE’s turnover continues to tumble

Stock trading in Bangladesh has slowed in recent months as most investors are not placing fresh bets considering the market’s bleak outlook amid ongoing economic uncertainties. As such, daily turnover of the Dhaka Stock Exchange (DSE) plunged by 5.02 percent to Tk 279 crore yesterday, mark
9 December 2024, 18:43 PM

Edible oil prices up by Tk 8 per litre

The government yesterday raised the retail prices of soybean and super palm oils by Tk 8 per litre. Bottled soybean oil price was set at Tk 175, and loose soybean oil and super palm oil at Tk 157.
9 December 2024, 18:21 PM

BB to keep policy rates unchanged as panel suggests shift from crawling peg

A high-powered panel of the Bangladesh Bank (BB) decided to maintain the policy rate at 10 percent until the inflation comes down to a desired level and also spoke about moving away from the crawling peg and letting market forces determine the US dollar exchange rate.
9 December 2024, 18:00 PM

BYD on track to top 2024 sales goal

China’s top electric vehicle maker BYD gained market share as the world’s largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and overtake Ford and Honda.
9 December 2024, 18:00 PM

Rupee tipped to drift lower

The Indian rupee is likely to open slightly lower on Monday as expectations surrounding the incoming Trump administration’s policies keep the dollar well-bid despite heightened hopes of a Federal Reserve rate cut this month.
9 December 2024, 18:00 PM

No overnight cure for ailing financial sector

There is no overnight cure for the deep-rooted challenges facing the country’s banking sector, Abdul Awal Mintoo, former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said yesterday.
9 December 2024, 18:00 PM

Bangladeshi garment workers at risk from extreme heat: study

Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are increasingly exposed to extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address.
9 December 2024, 18:00 PM

NBR to cut tax exemptions once economy improves: chairman

The government will rationalise tax exemptions once the country’s economic situation improves to some extent, according to National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan.
9 December 2024, 18:00 PM

All sides for 9% raise in minimum garment wage

A state-run annual increment and wage review committee yesterday recommended that the government raise the minimum wage of garment workers by 9 percent.
9 December 2024, 18:00 PM

Offshore gas exploration fails to attract foreign firms

Seven global oil and gas companies purchased tender documents for gas exploration in the Bay of Bengal, but none submitted the papers within the deadline, which ended yesterday.
9 December 2024, 18:00 PM

Tax cuts yield limited impact on rising commodity prices: NBR chairman

Egg, sugar prices became cheaper to some extent, not other commodities, he says
9 December 2024, 14:27 PM

Gold price hiked again, will cost Tk 138,393 per bhori

In July last year, the price of gold crossed the Tk 100,000-mark for the first time.
9 December 2024, 14:23 PM

No foreign firm shows interest in Bay of Bengal gas exploration

Seven purchased tender documents, but none submitted papers finally
9 December 2024, 12:48 PM