Stocks start day with gain for second consecutive day 

The DSEX rises 11.58 points as of 11:02 am 
3 December 2024, 05:23 AM

Moody’s told outdated story of Bangladesh

Moody's Ratings is narrating an outdated story of Bangladesh, not the updated one, said Bangladesh Bank Governor Ahsan H Mansur in a webinar yesterday.
2 December 2024, 20:22 PM

Govt may cut GDP growth projection to 5.25% this fiscal year

The interim government of Bangladesh will likely revise the country’s projection of gross domestic product (GDP) growth to 5.25 percent from 6.75 percent for the current fiscal year of 2024-25..This issue was discussed at a fiscal coordination council meeting chaired by Finance Adviser Sal
2 December 2024, 19:30 PM

BTRC lifts bar on local cache for faster internet

The Bangladesh Telecommunication Regulatory Commission (BTRC) yesterday repealed a directive it had passed in 2021 restricting small and medium-sized internet service providers (ISPs) from installing cache servers for their network..This policy reversal is expected to enhance internet spee
2 December 2024, 18:43 PM

Stocks rise after two-day fall

The indices of the stock market in Bangladesh rose yesterday after falling for two consecutive trading days as investors poured funds on low-priced shares to pocket short-term gains amid price swings..The rise was led by an increase in share prices of companies like Islami Bank Bangladesh,
2 December 2024, 18:03 PM

Govt must come up with two-year economic plan

The interim government must devise a two-year mid-term plan on how to steer the economy in addition to an assessment of the past months and a short-term plan for the upcoming six months, said Debapriya Bhattacharya, the chair of the white paper committee.
2 December 2024, 18:02 PM

Development narrative perhaps ended up as ‘delusion’

The narrative of economic development that the ousted Awami League (AL) government tried to establish perhaps ended up being a delusion even to the wirepullers, according to the white paper on the state of the economy.
2 December 2024, 18:00 PM

Labour market: A ticking time bomb

Bangladesh has an oversupply of tertiary graduates and the unemployment rate among the educated youth has grown 2.5 times since 2010 as they are ‘incompatible’ with the structure of the industries and the economy, according to the white paper on the state of the economy.
2 December 2024, 18:00 PM

Wealth inequality way worse than income disparity

Bangladesh ranks among the countries with the highest income disparities globally, but there is another problem way worse than that: wealth inequality, which means a minuscule portion of the population owns a disproportionate amount of wealth compared to the majority.
2 December 2024, 18:00 PM

IDRA gets four new members

Each of them was appointed on a contractual basis for the next three years from the date of joining on condition of renouncing work and relations with all other institutions and organisations, the ministry circular mentioned.
2 December 2024, 16:07 PM

Powerful lobbies, elites and corporate interests thwart tax reforms

According to the white paper on the state of the economy
2 December 2024, 15:06 PM

KEPZ decides to fast-track land registration

The chief adviser became the first head of state to preside over a meeting of the KEPZ governing body in nine years
2 December 2024, 12:24 PM

Chinese firm Bangladesh BaoRui Textile to invest $19.53 million in Mongla EPZ

The composite textile manufacturing facility is expected to generate 1,505 jobs
2 December 2024, 11:18 AM

Debapriya's white paper points to grand corruption

Says, turned Bangladesh from crony capitalism to kleptocracy
2 December 2024, 08:29 AM

Trillions embezzled from stock market

White paper panel says turned Bangladesh from crony capitalism to kleptocracy
2 December 2024, 07:33 AM

Stocks up in morning trade

DSEX gains 27.77 points as of 11:10 am
2 December 2024, 05:34 AM

Janata Bank files Tk 1,964cr default loan case against S Alam Group

Janata Bank filed a case against the industrial conglomerate S Alam Group with the Chattogram Money Loan Court on Sunday over defaulted loans amounting to Tk 1,964 crore..Chattogram Money Loan Court Magistrate Mujahidur Rahman issued an embargo on the transfer of about 7.43 crore shares of
1 December 2024, 18:02 PM

Cost of seven mega projects jumped 70% from initial estimate

Seven mega projects taken up by the previous government cost Bangladesh Tk 80,569 crore more than initial estimates due to escalating cost and time overruns, according to the final draft of the white paper on the state of the economy.
1 December 2024, 18:00 PM

Credit card interest hiked to 25% max

The maximum amount of interest that banks can charge on credit cards has been hiked to 25 percent from 20 percent in tune with changes in the policy interest rate and increase in lenders’ cost for fund mobilisation.
1 December 2024, 18:00 PM

Business communication in the AI era

Modern society is navigating through unprecedent, rapid technological advancements. While the fourth industrial revolution is spearheading the changes in the industry using newer technologies, artificial intelligence (AI) has emerged as a transformative force across industries.
1 December 2024, 18:00 PM