BO account of Race Asset’s Chairman Nafeez Sarafat frozen

The Bangladesh Securities and Exchange Commission has suspended all types of trades and transfers of securities of any beneficiary owner’s account of Chowdhury Nafeez Sarafat, chairman of Race Asset Management
22 August 2024, 15:52 PM

Gold price hit record high of Tk 126,006 a bhori 

Bangladesh Jewellers Association (Bajus) today set gold prices at a historic high of Tk 126,006 a bhori and decided to bring it into effect from tomorrow
22 August 2024, 15:07 PM

Banks asked to freeze Mustafa Kamal, Tipu Munshi’s bank accounts

Their accounts will remain frozen for 30 days
22 August 2024, 12:23 PM

Nagad to see change in current board: administrator

CEO post will be abolished, but none will lose job, says Badiuzzaman Dider on first day in office
22 August 2024, 10:57 AM

NBR starts scanning tax records of business tycoons

The Central Intelligence Cell of the NBR will do the work
22 August 2024, 09:29 AM

Interest rates to be hiked by 50 basis points to 9%

The rate will be further raised to 10℅, BB governor tells BBC in an interview
22 August 2024, 08:44 AM

ICT Division asks UNDP to probe its appointments at a2i

The ICT Division has urged the UNDP to conduct a thorough investigation into the allegations brought against certain consultants who were appointed for its Aspire to Innovate (a2i) programme by UNDP Bangladesh..According to a statement issued by the ICT Division, this demand was placed thr
21 August 2024, 18:00 PM

BSEC forms panel to look into activities of stock exchanges

The Bangladesh Securities and Exchange Commission yesterday formed a four-member investigation committee to look into the overall activities of the Dhaka and Chittagong stock exchanges.
21 August 2024, 18:00 PM

Govt seeks $1b budget support from WB

Muhammad Fouzul Kabir Khan, adviser to the power, energy and mineral resources ministry, yesterday sought $1 billion from the World Bank as budgetary support.
21 August 2024, 18:00 PM

Gold price hits new heights. Here’s why

Jewellers in Bangladesh have hiked the price of gold ornaments to a historic high in line with rising pure gold prices and growth in the global market, according to industry people.
21 August 2024, 18:00 PM

Interest payment for foreign loan jumped 162% in Jul-Mar of FY24

Interest payments against foreign loans shot up 162 percent year-on-year in the first nine months of the last fiscal year as debt servicing of loans taken for some mega projects has started.
21 August 2024, 18:00 PM

BB appoints administrator at Nagad

The Bangladesh Bank yesterday appointed an administrator to Nagad after one too many allegations of irregularities in the mobile financial service provider’s operations and dealings.
21 August 2024, 18:00 PM

Islami Bank finally freed from S Alam Group

After seven years, S Alam Group’s control over Islami Bank ended yesterday after the Bangladesh Bank decided to dissolve the board of the country’s largest private sector bank that was heavily dominated by individuals linked to the conglomerate.
21 August 2024, 18:00 PM

Euro emerges a winner from market turmoil

The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have unsettled a strong dollar and halted a relentless slide in Japan’s yen.
21 August 2024, 18:00 PM

Stocks fall for fifth day amidst cautious bets

Indexes of share markets in Bangladesh fell for a fifth trading day yesterday as investors made cautious bets only on blue-chip stocks amidst falling prices. 
21 August 2024, 18:00 PM

Crisis provides an opening for important reforms

Bangladesh is facing several challenges, including restoring law and order and stabilising the economy in the near term.
21 August 2024, 18:00 PM

Taka weakens further

Bangladesh’s taka weakened further after the central bank allowed more flexibility in the purchase and sale of foreign currencies, reflecting a shortfall of the US dollar in the market.
21 August 2024, 18:00 PM

Taka weakens further

Bangladesh’s taka weakened further after the central bank allowed more flexibility in the purchase and sale of foreign currencies, reflecting a shortfall of the US dollar in the market
21 August 2024, 15:45 PM

Govt to prepare white paper on state of the economy

The interim government will prepare a white paper through economists and eminent citizens to get a clear picture of the state of the economy and solutions for the challenging situation
21 August 2024, 15:20 PM

Bangladesh seeks $1b WB budgetary support

Muhammad Fouzul Kabir Khan, adviser to the Ministry of Power, Energy and Mineral Resources, today sought $1 billion from World Bank as budgetary support for Bangladesh
21 August 2024, 14:05 PM