Jiban Bima announces Tk 600cr in bonuses, settlements

It was announced at the 631st meeting of the life-insurer’s board of directors today.
5 December 2024, 15:50 PM

Abul Khayer Hiru and associates fined Tk 134 cr for stock manipulation

The recent fine relates to three incidents of market manipulation
5 December 2024, 14:23 PM

MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular
5 December 2024, 11:18 AM

Finance Adviser launches SICIP

Putting more emphasis on industry-academia collaboration, Dr Salehuddin said that that the conglomerates and business houses of the country need to invest more in research and development.
5 December 2024, 10:25 AM

Stocks down, end three-day rally 

DSEX lost 6.62 points as of 11:46 am 
5 December 2024, 06:03 AM

Inflation hits four-month high

Rises to over 11% for second time this year 
5 December 2024, 05:24 AM

Govt aims to bring down inflation to 4-5%

The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.
4 December 2024, 20:00 PM

Jetties empty at Ctg port as import falls

Many of the Chattogram port’s 12 container jetties have been lying vacant for the last couple of weeks due to a fall in the number of ships amid a decrease in imports..The port currently has 18 jetties. Of these, 12 jetties are dedicated for accommodating container vessels and the remainin
4 December 2024, 18:00 PM

1.5 lakh tonnes of rice will be imported from Myanmar, India

The government is set to import rice from Myanmar and India as part of its efforts to bring down the high price of the staple, replenish stocks and ensure distribution under social safety net schemes.
4 December 2024, 18:00 PM

Reliance on captive power weakens PDB

Captive power, which the industrial sector in Bangladesh leans on heavily, has been weakening the financial health of the Bangladesh Power Development Board (PDB) by costing it customers that pay the highest tariffs.
4 December 2024, 18:00 PM

No respite for steelmakers as sales depressed since July

The price of mild steel (MS) rods has continued to fall due to low demand for construction materials, especially as public consumption has declined to virtually zero since the political changeover on August 5.
4 December 2024, 18:00 PM

Buoyancy in exports continues

Bangladesh’s exports rose for a fourth straight month in November as goods that had been stuck for the past three months were finally shipped.
4 December 2024, 18:00 PM

Developing countries face record foreign debt costs: WB

The world’s developing countries paid a record $1.4 trillion to service their debts last year, as high lending rates pushed interest costs to a two-decade high, the World Bank said Tuesday.
4 December 2024, 18:00 PM

Diesel supply disrupted in eight northern districts

Diesel supply in eight districts of Rangpur has been hampered due to the refusal of loco masters to work overtime and non-arrival of a scheduled consignment through the India-Bangladesh Friendship Pipeline from across the border.
4 December 2024, 18:00 PM

Digital divide hinders disability inclusion in tech workforce: experts

A lack of specially tailored skill training programmes that match the market demand and poor access to digital devices are the main barriers deterring persons with disabilities from entering ICT sector jobs, according to experts.
4 December 2024, 18:00 PM

IMF asks to raise tax-GDP ratio by 0.6 percentage points

The International Monetary Fund (IMF) has asked to increase the tax to GDP ratio by 0.6 percentage points by the end of this fiscal year to make up for last fiscal year’s revenue collection shortfall.
4 December 2024, 18:00 PM

National Single Window to be launched in March

He also said a masterplan to fully automate services at the NBR was being drafted.
4 December 2024, 16:02 PM

BSEC summons Confidence Cement for dividend payment failure

The cement maker has to appear before the stockmarket regular on Dec 8
4 December 2024, 15:04 PM

Banks asked to provide loan info of Thermax Group

The Bangladesh Bank has asked lenders in the country to provide detailed information on all the loans and liabilities of companies operated by Thermax Group..The banks have been asked to provide the information by Wednesday. There are more than a dozen companies under the group that produc
4 December 2024, 14:46 PM

Dutch-Bangla Bank’s services to remain suspended temporarily

Core banking will be unavailable from Jan 1-5 next year and agent banking from Dec 30 to Jan 5
4 December 2024, 14:10 PM