Gold to hit close to Tk 130,000 per bhori for first time

The price of gold will increase by 2.8 percent from the previous rate of Tk 126,321 a bhori, which has been effective since September 2.
14 September 2024, 15:43 PM

Revenue target for FY25 to be left unchanged

The interim government will not bring down the revenue collection target for the current fiscal year as it aims to mobilise more domestic resources to reduce reliance on foreign loans, according to Finance and Commerce Adviser Salehuddin Ahmed.
14 September 2024, 13:11 PM

Owners threaten to shut garment factories from tomorrow if unrest continues

The garment factory owners today decided to shut down their production units from tomorrow under “no work no pay” policy for an indefinite period if the labour unrest continues further
14 September 2024, 10:45 AM

Pathao raises $12 million in foreign funds

Pathao has raised $12 million in a pre-series B funding round as part of the company’s strategic shift towards fintech
14 September 2024, 09:06 AM

American private sector can help unlock Bangladesh’s growth potential: Embassy

American private sector can help unlock Bangladesh’s growth potential through trade and investment with the right economic reforms in place, said the US Embassy in Dhaka on Saturday
14 September 2024, 08:17 AM

Most factories reopen in Ashulia, 49 still shut

36 factories are indefinitely closed under the 'no work no pay' provision of labour law. Some 13 factories have declared general holidays
14 September 2024, 05:52 AM

Stocks end week with mixed performance

The share market in Bangladesh ended the week with a mixed performance as the Dhaka Stock Exchange (DSE) extended its gaining streak while the Chittagong Stock Exchange (CSE) witnessed a downward trend yesterday..However, investors and industry people voiced optimism about the return of go
12 September 2024, 18:00 PM

Forex reserves drop to $19.4b after ACU payment

Bangladesh’s foreign exchange reserve has dropped to $19.44 billion after the payment of $1.37 billion in import bills of July and August.
12 September 2024, 18:00 PM

Chinese firm to invest $4m in Cumilla EPZ

Tianhui Button (BD) Co Ltd is set to invest $4 million to establish a garment accessories production unit at an export processing zone (EPZ) in Cumilla sadar upazila.
12 September 2024, 18:00 PM

Interview like a pro

While being interviewed, Jamil was asked if he was ok with working overtime without extra pay, and he quipped, “I can, as long as you don’t expect results”, to which the interviewer laughed, acknowledging the playful exchange.
12 September 2024, 18:00 PM

Nagad to go through forensic audit

The administrator of Nagad, a company that provides digital financial services under the Bangladesh Post Office, decided to conduct a forensic audit of all its previous work alongside a regular audit for fiscal year 2023-24.
12 September 2024, 18:00 PM

Beza to seek govt suggestion on fate of two Indian economic zones

The Bangladesh Economic Zones Authority (Beza) is likely to seek suggestions from top government officials over deciding the fate of two Indian special economic zones (SEZs), which have not seen any visible development over the past two years or so. 
12 September 2024, 18:00 PM

Govt urges China to reduce loan interest, extend repayment period

The government has requested China to lower the interest rates on existing Chinese loans to 1 percent and extend the repayment period to 30 years.
12 September 2024, 18:00 PM

Govt may miss Aman acreage target

Bangladesh may miss its target for cultivation of the Aman rice, the second biggest rice crop, this year as farmers in the eastern districts are unlikely to transplant the seedlings again in fields that were washed away by last month’s devastating flood.
12 September 2024, 18:00 PM

Luxury hotels fall silent as business travellers fade away

Luxury hotels in Dhaka are yet to resume normal business activities as foreign and local clients do not feel confident in travelling to the country given that the overall situation is still unstable.
12 September 2024, 18:00 PM

20 RMG workers sued over 'beating factory officials' in Ashulia

Authorities of an ready-made garments factory in Ashulia's Jamgra area, filed a case against 20 workers over allegations of vandalising the factory and beating up its officials
12 September 2024, 15:53 PM

Asia Insurance fined for embezzling Tk 2.27cr

The misappropriation by the non-life insurer involved TVS Auto Bangladesh Limited, which collected initial insurance policy papers for opening over two dozen letters of credit (LCs) in 2021 and 2022 to import goods.
12 September 2024, 14:33 PM

Foreign exchange reserves drop to $19.4 billion after ACU payment

Bangladesh’s foreign exchange reserve has dropped to $19.44 billion after the payment of $1.37 billion in import bills of July and August.
12 September 2024, 14:00 PM

Jainul Bari made chairman of Sadharan Bima 

The interim government has appointed Mohammad Jainul Bari, the immediate past chairman of the Insurance Development and Regulatory Authority (Idra), as the new chairman of the board of directors of Sadharan Bima Corporation, the finance ministry said in a circular today. Bari has been appointed on a contractual basis for a three-year term
12 September 2024, 10:33 AM

Nagad’s new administrator files complaint against former CEO

Badiuzzaman Didar, the newly-appointed administrator of Nagad, has filed a general diary (GD) against Tanvir A Mishuk, the former managing director and CEO of the mobile financial service provider
12 September 2024, 07:58 AM