Four-day BIDS conference on development begins in Dhaka

Planning and Education Adviser Wahiduddin Mahmud inaugurated the conference
7 December 2024, 05:35 AM

Our inflation quagmire

Inflation refuses to budge. Part of the reason may be honest disclosure of what the data is saying.
5 December 2024, 20:24 PM

BSC issues tender to dispose of two old oil tankers

The Bangladesh Shipping Corporation (BSC) has finally taken steps for the disposal of two of its oldest oil tankers, which, according to experts, had become unfit by 2015.
5 December 2024, 20:20 PM

Radiant Pharma to acquire majority stake in Novartis Bangladesh

Radiant Pharmaceuticals Limited (RPL), one of the top healthcare solution providers in Bangladesh, is set to buy a majority stake in Novartis Bangladesh Limited (NBL).
5 December 2024, 20:05 PM

LC margin bar withdrawn for crisis-hit six banks

They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce
5 December 2024, 19:38 PM

Growth data inflated by 3.5 percentage points during AL regime

The former Awami League government had manufactured a development narrative for Bangladesh by inflating economic growth data by an average of 3.5 percentage points a year, Debapriya Bhattacharya, head of the panel that prepared a white paper on the state of the economy, said yesterday.
5 December 2024, 18:00 PM

Sonali to auction assets of Alltex Industries

Sonali Bank has decided to sell the assets of Alltex Industries through auction in a bid to recover unpaid loans of the listed textile producer.
5 December 2024, 18:00 PM

Janata moves to recover Tk 1,260cr from AnonTex

Janata Bank is set to auction the mortgaged assets of Simran Composite Ltd
5 December 2024, 18:00 PM

Mystery, volatility, Trump: the Bitcoin phenomenon

Despite being the world’s most famous cryptocurrency, Bitcoin -- whose value on Thursday passed $100,000 for the first time -- has always been surrounded by mystery and controversy.
5 December 2024, 18:00 PM

Accountants and accountability

South Asia relies heavily on professional accountants for governance, financial transparency, and regulatory compliance and yet the availability of these experts is scarce.
5 December 2024, 18:00 PM

‘Black Friday’ saw modest sales amid high inflation

Retailers of branded apparel, shoes and cosmetics in Bangladesh got a fairly good response from customers upon offering discounts and cashback on Black Friday amid high inflationary pressure and political uncertainty in the country.
5 December 2024, 18:00 PM

Bitcoin hits $100,000 for first time

Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump’s decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to deregulate the sector.
5 December 2024, 18:00 PM

Bottled edible oil supplies inadequate

The interim government has reduced taxes and duties on soybean and palm oil to lower prices amid high inflation but this has not helped raise imports. Instead, there is a shortage of bottled edible oil in the markets.
5 December 2024, 18:00 PM

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