Are rising exports, remittance the cure?

December has brought some good news! Remittance hit a record high, taking the total for the 2024 calendar year to $26.87 billion. Exports surged too, pushing the final annual figure to $50 billion.
2 January 2025, 18:00 PM

Banks asked to keep max Tk 1 as spread in dollar transactions

The Bangladesh Bank (BB) has asked banks today to keep a maximum of Tk 1 as a spread between the buying and selling rates of the US dollar.
2 January 2025, 16:05 PM

NBR’s national single window launched for simpler trade procedures

Seven out of 19 customs agencies have been integrated
2 January 2025, 14:37 PM

Prime Leaf Processing Company to Invest $8.84 Million in Bepza EZ

The factory will create 100 jobs and produce 36,000 tonnes of tobacco products annually
2 January 2025, 13:51 PM

LC margin lowered for motorcars import

The LC margin can be set up based on the banker-customer relationship
2 January 2025, 13:17 PM

Bangladesh bags $50b in exports last year

Exports grew 8.3 percent year-on-year. 
2 January 2025, 10:34 AM

HR Textile posts Tk 8.24 crore loss in Q1

Shares of HR Textiles declined 2.21 percent to Tk 27.8 as of 2:02 pm today at the DSE.
2 January 2025, 08:29 AM

Standard Ceramic reports Tk 4 crore Q1 loss

Temporary closure of its factory last year dented earnings 
2 January 2025, 07:10 AM

Marketing and branding in 2024: A year of transformation and humanity

As we look back, we see a landscape reshaped by bold experiments, societal shifts, and a deep yearning for authenticity
2 January 2025, 06:01 AM

Dhaka stocks decline in early trade   

DSEX loses 16.74 points as of 11:28 am 
2 January 2025, 05:54 AM

Stocks begin 2025 with modest gains

The stock market in Bangladesh began the new year on a positive note, with major indices showing an uptick on the first trading day of 2025..The DSEX, the broad index of the Dhaka Stock Exchange (DSE), rose by 0.03 percent to close at 5,218 points, marking a fourth consecutive day of gains
1 January 2025, 18:14 PM

Remittance hit all-time high in 2024

Expatriate Bangladeshis sent home a record $26.9 billion, up 23 percent year-on-year, in a development that will bring a huge sigh of relief to policymakers as they endeavour to shore up strained dollar stockpile.
1 January 2025, 18:06 PM

Eating out, air travel to turn costlier

From dining out and travelling by air to purchasing sweets and clothing, the small comforts in life are going to turn costlier for a hike in value added tax (VAT) on 43 goods and services.
1 January 2025, 18:00 PM

Ample supply, slow demand to temper oil price gains in 2025: poll

Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on Opec+ led efforts to shore up the market, a Reuters monthly poll showed on Tuesday.
1 January 2025, 18:00 PM

No bar on suing Nagad as new law takes effect

The Bangladesh Bank can now take legal action against mobile financial service (MFS) provider Nagad Limited over alleged irregularities as the Payment and Settlement System Act, 2024 came into effect yesterday.
1 January 2025, 18:00 PM

Gold emerges as an attractive investment tool as prices jump

Throughout 2024, gold seemingly became synonymous with price hikes amid economic turbulence, a weakening taka and plummeting interest rates on savings tools, making the precious metal a safe bet for middle and upper-middle-income people, according to jewellers.
1 January 2025, 18:00 PM

Businesses’ 2025 wish list is long, but political stability tops all

Businesses hope for the year 2025 to bring about stability as normalcy has started to be restored in businesses following turbulent times both at home and abroad.
1 January 2025, 18:00 PM

Internet shows stark rural-urban divide

The digital divide between urban and rural Bangladesh has widened further in the first quarter of the current fiscal year, with individuals using the internet in urban areas now almost double that of rural regions, according to a latest survey of the national statistical agency.
1 January 2025, 18:00 PM

Taskforce led by Bida formed for semiconductor sector

Bida executive chairman will head the 13-member taskforce
1 January 2025, 15:12 PM

EPL (Export Link) Accessories will invest $8 million in Bepza EZ

The company will produce foam, carton, ploy, gum tape
1 January 2025, 11:47 AM