The central bank today said Bangladesh's economy has begun to rebound though inflation has remained stubbornly high

The target for January-June was 10%

The crawling peg and the mid-rate were introduced on May 8 this year

Kept repo rate at 8.5%, SDF rate at 7% and SLF rate at 10%

The central bank is expected to maintain a tight monetary stance for July-December

There was no preannouncement for the mobile internet shut down

The DSEX dropped 42.33 points, or 0.77 percent, to 5,440.81 as of 11.37 am

Retailers are counting lower sales in Dhaka due to the low turnout of customers amidst a nationwide student movement demanding reforms to the quota system for government jobs..Traders said the fear of vandalism kept shopkeepers from opening their shops in some areas..The current situ

Bangladesh Telecommunications Company Limited (BTCL) has failed to realise dues worth around Tk 316 crore from different companies and falsely recorded it as “current asset” in its financial statement. 

AP Moller-Maersk (Maersk) announced the launch of SH3, a new ocean shipping service, to facilitate the growing trade volume between China and Bangladesh, particularly in the retail sector.

LafargeHolcim Bangladesh Limited (LHBL), a building material solutions provider, saw its profit decline by 33 percent in the first half of 2024 compared to the same period the year prior due to a sales decline amidst ongoing economic challenges.

Grameenphone Ltd registered higher revenue in the April to June quarter of 2024, yet its profit dropped mainly due to higher tax expenses.

Bangladesh Bank is going to unveil the monetary policy for the first half of fiscal year 2024-25 tomorrow and is expected to retain its tight monetary stance as its foremost target is to bring down the spiralling inflation.

Nearly 1,500 tonnes of cargo have been stockpiled at the Hazrat Shahjalal International Airport (HSIA) in Dhaka over the past three days due to a strike called by clearing and forwarding (C&F) agents.

The government’s borrowing through the sales of treasury bonds and bills jumped fivefold in the last fiscal year, which raised its debt servicing cost compared to the level projected initially.

The Securities and Exchange Board of India (SEBI) is proposing a new asset class that allows investors to take on higher risk through a regulated product, the Indian market regulator said in a consultation paper released on Tuesday.

Edtech company Byju’s, once India’s biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 million in dues to the country’s cricket board, a tribunal said on Tuesday.

The benchmark index of the Dhaka Stock Exchange (DSE) fell yesterday just a day after posting a rise as investors opted to book profits by selling off shares.

Bangladesh’s export earnings will get a boost if crab farming is expanded in the country, as global demand for crabs is on the rise, experts said today.

BTRC officials could not be reached for comment