Hiking VAT now ‘suicidal’ for economy: DCCI 

It will deter national and international investments, says DCCI 
11 January 2025, 10:38 AM

Bangladesh's RMG exports to US fall in Jan-Nov

Competitive market pressures, fluctuations in raw material prices responsible for the decline 
11 January 2025, 06:41 AM

Feeling the pulse of local startup ecosystem

From groceries to food and commuting, startups, founded by innovative young people, became popular brands
10 January 2025, 18:00 PM

Businesses concerned over VAT, gas price hike

Businesses yesterday expressed concern over the government’s move to hike the gas price for industrial and captive users and the income tax for consumer durables as those would further decelerate economic activities and fuel inflation.
9 January 2025, 18:00 PM

Major trade bodies miss election deadline as reforms take centre stage

Elections at major trade bodies have missed the 90-day deadline as new administrators of the business organisations seek amendments to the governing rules.
9 January 2025, 18:00 PM

EU imposed unfair trade barriers on Chinese firms

China said Thursday that an investigation had found the European Union imposed unfair “trade and investment barriers” on Beijing, marking the latest salvo in long-running commercial tensions between the two economic powers.
9 January 2025, 18:00 PM

Buoyant dollar keeps peers under pressure

The US dollar charged ahead on Thursday, underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid the shifting threat of tariffs.
9 January 2025, 18:00 PM

Novoair’s fleet expansion stalled by lack of leasable aircraft

Despite plans to expand its fleet and international network, Novoair, a private airline in Bangladesh, has been unable to do so due to a global shortage of aircraft available for lease.
9 January 2025, 18:00 PM

Reserves drop to $20b after ACU payment

Bangladesh’s foreign exchange reserves fell to $20 billion yesterday from $21.67 billion after the country paid $1.67 billion in regional import bills through the Asian Clearing Union (ACU).
9 January 2025, 18:00 PM

Lack of good governance hinders market growth: DSE

The Dhaka Stock Exchange (DSE) has identified a lack of good governance, efficiency and transparency as key issues hindering its ability to effectively contribute to the development of Bangladesh’s stock market.
9 January 2025, 18:00 PM

Pran to invest Tk 600cr more in poultry portfolio by 2027

Local agro-processing giant Pran plans to invest an additional Tk 600 crore in its poultry business within the next two years, responding to the country’s growing demand for eggs and chicken.
9 January 2025, 18:00 PM
9 January 2025, 15:59 PM

Banks see rising deposits for higher interest rates

Bank deposits grew in the third quarter of 2024 as many people were encouraged by rising interest rates to park their money at commercial lenders..In the July-September period of the previous calendar year, bank deposits rose 7 percent year-on-year to Tk 18.25 lakh crore, with bank branche
9 January 2025, 15:45 PM

AFM Shahinul Islam, new head of BFIU

The former Bangladesh Bank executive director has been appointed in the post for two years
9 January 2025, 15:21 PM

‘We don’t have Aladdin’s lamp to suddenly lower commodity prices’

Commerce adviser says after meeting with Turkish trade minister
9 January 2025, 14:40 PM

BFIU seeks bank account details of Shomi Kaiser

Banks have to send the data within January 12
9 January 2025, 13:27 PM

Restaurant owners threaten strike over VAT hike on food bills

They would keep restaurants closed for a day as a token protest if their demand is not met
9 January 2025, 12:51 PM

Feud over container handling rates disrupts Ctg port operations

Disputes between berth operators and shipping agents slow handling at six jetties
9 January 2025, 12:01 PM

Dhaka stocks up slightly  

Total turnover stood at Tk 97.58 crore. 
9 January 2025, 05:42 AM

Payra thermal power plant resumes full production

The Payra 1,320MW Thermal Power Plant in Kalapara upazila of Patuakhali has resumed full production following a roughly two-month halt for maintenance works on its second unit and test runs of a neighbouring facility..Upon completing maintenance works, which began on November 9 last year,
8 January 2025, 18:07 PM