Sacrificial animal traders eye big sales ahead of Eid

Livestock traders and farmers in Bangladesh are eyeing big sales of sacrificial animals centring this year’s Eid-ul-Azha, but their dreams of hefty profits may be thwarted by ongoing inflationary pressure.
29 May 2024, 18:05 PM

Turnover at Dhaka bourse declines to 5-month low

Shares listed on Dhaka Stock Exchange (DSE) faced another major setback yesterday with the daily market turnover falling to a five-month low.
29 May 2024, 18:00 PM

WB to give $400m loan, $300m grant for Rohingya, hosts

World Bank (WB) yesterday approved two projects totalling $700 million to provide basic services and build disaster and social resilience for both the displaced Rohingya population in Bangladesh and the host communities.
29 May 2024, 17:56 PM

Loans, deposits rise in Islamic banks despite severe liquidity crisis

Islamic banks' outstanding loans rise by 1.43%, deposits 1.27% in February than January
29 May 2024, 14:43 PM

FBCCI suggests creating direct shipping route with Sydney

At a seminar in Australia, the apex trade body also sought Australian investment in Bangladesh
29 May 2024, 13:27 PM

Turnover at Dhaka bourse hits five-month low

The benchmark index also falls to a 3-year low
29 May 2024, 11:05 AM

World Bank approves $700 million for Rohingya, host community in Bangladesh 

The World Bank's board has approved two projects involving $700 million to provide basic services and build disaster and social resilience for both the host communities and the displaced Rohingya population in Bangladesh
29 May 2024, 06:49 AM

Amazon wants bonded warehouse in Bangladesh,Titu says

American e-commerce giant Amazon wants central bonded warehouse facilities in Bangladesh to enjoy tax benefits, said State Minister for Commerce Ahasanul Islam Titu yesterday
29 May 2024, 05:00 AM

Allocation for interest payments to rise 38%

The allocation for interest payments of domestic and foreign loans will likely increase by 38 percent to Tk 129,000 crore in the upcoming budget due to a significant hike in the cost of borrowing from both sources
29 May 2024, 03:38 AM

Inflation, dollar crises stymie manufacturing growth: MCCI

Contraction in domestic and external consumption amid high inflation, import restrictions amid the US dollar crisis, and gas and electricity crunch over the last few months have stymied growth in the manufacturing sector, said a leading business chamber yesterday.
29 May 2024, 03:28 AM

FDI slips but stays above $3b

Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times
29 May 2024, 03:18 AM

Stocks fall again

The benchmark index of Dhaka Stock Exchange (DSE) fell again yesterday on rising the preceding day snapping a nine-day losing streak.
28 May 2024, 18:07 PM

DCCI seeks more Russian investments in power and energy

More Russian investments, especially in the power and energy sector, could play a pivotal role in ensuring steady economic progress and industrialisation in Bangladesh, said Ashraf Ahmed, president of the Dhaka Chamber of Commerce & Industry (DCCI), yesterday.
28 May 2024, 18:06 PM

Bangladesh could be a regional trade hub

Bangladesh could become a regional hub for trade and investment in the wake of ongoing geopolitical tensions and growing focus on the Indo-Pacific region, according to Paul J Thoppil, Canada’s trade representative for the Indo-Pacific.
28 May 2024, 18:05 PM

Govt to take up two projects for Rohingyas

After more than seven years of discussion, the government is set to finally undertake two projects involving Tk 8,483 crore for the Rohingya and host communities.
28 May 2024, 18:00 PM

DSE wants tax exemption for capital gains

The Dhaka Stock Exchange (DSE) yesterday demanded that the capital gains of individual investors be kept free of taxation in the upcoming national budget for fiscal year 2024-25.
28 May 2024, 17:51 PM

Nagad Digital Bank all set to get licence

Kori Digital Bank gets six more months to meet BB criteria
28 May 2024, 15:08 PM

BB upgrading software to expedite treasury bond transfers

Software upgradation kept transfer of treasury bonds suspended since May 26
28 May 2024, 13:45 PM

Amazon wants to get central bonded warehouse facility in Bangladesh

A delegation of the US-Bangladesh Business Council meets State Minister for Commerce Ahasanul Islam Titu
28 May 2024, 12:25 PM

DCCI seeks more Russian investments in power and energy

A 14-member Russian trade delegation meets Dhaka Chamber president
28 May 2024, 11:53 AM