Govt names 44 public factories for private investment
1 hour(s) ago
Economy
Stock market loses half its BO accounts in a decade
1 hour(s) ago
Economy
Govt lets Starlink export unfiltered bandwidth
1 hour(s) ago
Economy
NBR warns of fraud in the name of tax audit
1 hour(s) ago
Economy
Beximco Pharma beats major peers in 9-month revenue growth
1 hour(s) ago
Economy
BB retains export cash incentives for FY27
1 hour(s) ago
Economy
ICCB arranges workshop on legal and compliance issues
1 hour(s) ago
Economy
Foxconn revenue jumps in Q2
1 hour(s) ago
Economy
Patuakhali EPZ gathers pace with 306 industrial plots ready
1 hour(s) ago
Economy
Opec+ raises oil output quotas
1 hour(s) ago
Economy
Provide venture capital, private equity to startups, SMEs
Bangladesh’s future depends on creating a knowledge-driven economy, and new businesses require a supportive environment to succeed alongside funding, which can come in the form of venture capital and private equity, said speakers at a discussion recently..Venture capital is a type of finan
27 November 2024, 18:01 PM
Exports to EU may fall 20%
Bangladesh’s overall exports to the European Union (EU) may fall by as much as 20 percent due to the combined impacts of the nation’s graduation from least developed country (LDC) status and the EU-Vietnam Free Trade Agreement (EVFTA), according to a study.
27 November 2024, 18:00 PM
BB tightens loan classification rules to meet IMF conditions
Payment failure for three months or 90 days after the due date will now lead to classification of loans regardless of type, according to new rules announced by the central bank yesterday, aligning with international best practices prescribed by the International Monetary Fund (IMF).
27 November 2024, 18:00 PM
Transforming connectivity with Starlink, NGSO satellites
Bangladesh stands on the brink of a digital revolution — a chance to reshape lives and bridge the persistent digital divide.
27 November 2024, 18:00 PM
BB introduces longer-term bills to fight inflation
The Bangladesh Bank has decided to introduce two more bills which would have tenures much longer than those of the three bills currently available in an effort to mop up excess liquidity from the money market and rein in runaway inflation.
27 November 2024, 18:00 PM
Tk 18,500cr injected into four crisis-hit banks
The Bangladesh Bank has injected Tk 18,500 crore into four crisis-hit banks, namely First Security Islami Bank, National Bank, Social Islami Bank and EXIM Bank, against demand for promissory (DP) notes.
27 November 2024, 18:00 PM
Potato cultivation expands as prices rise
Potato cultivation has increased across Bangladesh as farmers have been getting higher prices year-round amid elevated inflation in the country.
27 November 2024, 18:00 PM
Importers hit by dollar crisis get 8 years to repay loans
Businessmen involved in import-dependent industries that have suffered losses due to the depreciation of the local currency against the US dollar will get up to eight years to repay their loans.
27 November 2024, 18:00 PM
Exports to EU may fall 20%
Bangladesh's overall exports to the European Union (EU) may fall by as much as 20 percent due to the combined impacts of the nation’s graduation from least developed country (LDC) status and the EU-Vietnam Free Trade Agreement (EVFTA), according to a study..Mohammad Abdur Razzaque, chairma
27 November 2024, 15:14 PM
Extend tenure of Tk 200 crore stockmarket fund, BSEC urges BB
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
27 November 2024, 14:08 PM
How property taxes can help low-income countries to develop
Satellites, drones, and the right policies can help countries increase revenue by up to 10 times at the local level
27 November 2024, 10:32 AM
Bank Asia aims to give half of its loans to SME, retail
Bank Asia PLC plans to increase its lending to retail and small and medium enterprises (SME) to about 50 percent of its total loan portfolio, according to its Managing Director Sohail RK Hussain..“We have extensive experience in the SME sector and are now placing stronger focus on it,” he
26 November 2024, 18:27 PM
Stocks rise marginally after three days of losses
Major indices of the stock market in Bangladesh rose marginally yesterday, breaking a three-day losing streak, as investors cautiously traded selective shares to make short-term gains amid price fluctuations.
26 November 2024, 18:00 PM
Energy deficit, regulatory barriers deter FDI: experts
Bangladesh is facing a plethora of challenges, including energy constraints, logistical issues and regulatory complexity, which causes the nation to lag behind its peers in terms of attracting foreign direct investment (FDI), according to stakeholders.
26 November 2024, 18:00 PM
Labour reforms key to economic growth
A high-level US delegation concluded its visit to Bangladesh yesterday, emphasising the need for labour reforms to strengthen democracy and sustain economic prosperity in the country.
26 November 2024, 18:00 PM
Tea auctions see higher prices this season
Tea is fetching higher prices at weekly auctions this year, with market players saying the imposition of a minimum price threshold and low supply of the cash crop are key factors for the rise.
26 November 2024, 18:00 PM
Ensure predictability in licensing and tax measures
Top executives of multinational companies in Bangladesh yesterday urged the interim government to ensure predictability in licensing and tax measures and bring about improvements in the ease of doing business to attract foreign direct investment.
26 November 2024, 18:00 PM
BB rejects reappointment of ICB Islamic Bank MD
Bangladesh Bank (BB) has rejected a proposal for the reappointment of ICB Islamic Bank’s managing director and directed taking legal measures against him, saying it had found proof of his involvement in mismanagement, money laundering and embezzlement.
26 November 2024, 18:00 PM
Lower revenue collection narrows fiscal space
Revenue collection in the first four months of the current fiscal year declined by 1 percent year-on-year
26 November 2024, 18:00 PM
Gold hits one-week low
Gold prices steadied on Tuesday, having touched their lowest in over a week earlier in the session as safe-haven demand for the metal eased on optimism about a potential ceasefire between Israel and Hezbollah militants in Lebanon.
26 November 2024, 18:00 PM