Govt removes BASIC Bank chairman

Abul Hashem has been serving the bank as chairman since 2020
9 October 2024, 13:37 PM

Inflation down by one percent: Salehuddin

Govt has been able to stabilise the market situation
9 October 2024, 13:21 PM

Advisory panel formed to reform NBR 

The committee has five members
9 October 2024, 10:48 AM

Exports grow 5% in Jul-Sep

Bangladesh shipped $11.37 billion worth of merchandise in the first quarter
9 October 2024, 10:23 AM

NBR halves regulatory duty on sugar imports

The NBR expects that sugar prices will decrease in proportion to the duty reduction, and it hopes this measure will also discourage sugar smuggling.
9 October 2024, 07:20 AM

BFIU freezes bank accounts of Sheikh Salahuddin Jewel, family

The accounts will be frozen for 30 days, with the possibility of an extension if needed
9 October 2024, 06:01 AM

Trade deficit narrows in July-Aug period of FY25

The narrowing trade deficit is attributed to a rise in export earnings coupled with a decline in import expenditure
9 October 2024, 04:41 AM

Stocks continue to bleed

Stock markets in Bangladesh maintained a downward trend for a third consecutive day yesterday, with the values of a majority of shares marking a significant drop..The shares of companies like Islami Bank Bangladesh, BRAC Bank, Square Pharmaceuticals, British American Tobacco Bangladesh, Re
8 October 2024, 18:00 PM

Import of 4.5cr eggs approved

The commerce ministry has approved seven firms to import 4.5 crore pieces of egg to boost supply in the local market and help contain its rising prices.
8 October 2024, 18:00 PM

GPH Ispat registers Tk 85.64 crore profit

GPH Ispat, one of the leading steel manufacturers in the country, posted Tk 85.64 crore in net profit for the fiscal year ending on June 30 this year.
8 October 2024, 18:00 PM

Renminbi on track for stability against USD: expert

The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation, said a leading currency expert.
8 October 2024, 18:00 PM

China holds off on fresh stimulus but ‘confident’ will hit growth target

China said on Tuesday it was “fully confident” of hitting its growth target this year but held off more stimulus, disappointing markets and fuelling concern about a lack of detail on a raft of measures unveiled last month.
8 October 2024, 18:00 PM

Tariff Commission again calls for duty cut to calm egg prices

After over a month, the Bangladesh Trade and Tariff Commission (BTTC) once again urged the National Board of Revenue (NBR) to withdraw import duties on eggs to cool off red-hot prices in the local market.
8 October 2024, 18:00 PM

No FDI in Ctg port against country’s interest

The interim government will not approve any foreign direct investment (FDI) in the Chattogram port that will end up compromising the country’s interests, said Brig Gen (retd) Sakhawat Hussain, adviser to the shipping, textile and jute ministries, yesterday.
8 October 2024, 18:00 PM

Economy better, yet in contractionary mode: PMI

The economic situation in Bangladesh improved in September compared to the preceding month but remains in a contractionary mode, suggests the latest Bangladesh Purchasing Managers’ Index (PMI).
8 October 2024, 18:00 PM

BSEC invites three firms for stock listing

The Bangladesh Securities and Exchange Commission (BSEC) has invited three major conglomerates, Meghna Group, City Group and PHP Group, to list their companies on the stock exchanges, aiming to provide good stocks for investors, according to an official press release.
8 October 2024, 18:00 PM

EkPay offering payment services without licence

EkPay, an e-payment system of the Aspire to Innovate (a2i) programme of the government, has been offering all types of payment services without obtaining a licence from the Bangladesh Bank (BB), which is in clear violation of the Payment and Settlement System Act-2024.
8 October 2024, 18:00 PM

Luxury car sales slow to a near-stop

Sales of luxury sedans and sport utility vehicles (SUVs) have been almost nil since July this year as customers have reined in spending amid the ongoing economic downturn and sudden political changeover in Bangladesh.
8 October 2024, 18:00 PM

Why the cost of Matarbari deep-sea port project is going up

Four years after its approval, the cost of the Matarbari deep-sea port project in Cox’s Bazar has escalated, while the deadline has been pushed back too.
8 October 2024, 18:00 PM

‘Three Zeros’ of Yunus a major catalyst for SDGs

The vision of “Three Zeros” of Dr Muhammad Yunus, chief adviser to the interim government, can act as a major catalyst for achieving Sustainable Development Goals (SDGs), a speaker said at a recent workshop..The “Three Zeros” -- zero poverty, zero unemployment and zero net carbon emissions
8 October 2024, 17:00 PM