Dollar crisis along with LC opening difficulties is giving small and medium firms no respite

The government is planning to set up two fertiliser factories for the country to become self-sufficient in fertiliser production, said Industries Minister Nurul Majid Mahmud Humayun yesterday.

Higher US dollar rate, increase in taxes and lower sales have caused a decline in local handset production in 2023

The government has increased the interest rates of two US dollar-denominated bonds by up to two percentage points

Inflation eased in December but remained at more than 9 percent for the 10th straight month

Oxford dictionary defines capitalism as “an economic and political system in which a country's trade and industry are controlled by private owners for profit.”

On their first day at office, the finance minister and state minister for commerce yesterday told reporters in separate briefings that taming inflation is their priority.

Otherwise, officials of the entities will no longer be there, the state minister says

The interest rates were raised by 2 percentage points

The FBCCI board nominated Ibrahim for the position for the 2023-2025 term

Abdus Salam says after joining office as planning minister

Efforts to curb commodity prices will be a top priority during the upcoming fasting month of Ramadan, the minister said.

Inflation eases in December

Being the top supplier of denim in both the EU and US, local investors are continuing to pour funds to capitalize growth

BB's adoption of crawling peg as per IMF prescription will possibly rule out a market-driven exchange rate, as suggested

Its a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.

Demand for credit has not increased as businesses have had to suspend their investment and expansion drives for the natural gas and dollar crises.

For years now, a plethora of reforms have been suggested by relevant stakeholders. As reactionary measures in a lot of instances, the government has explored some of these reforms and is taking steps in the right direction. However, considering where the economy stands right now and comparing with relevant countries, Bangladesh has significant ground to cover.

The telecom regulator has decided to slap a penalty on radio equipment vendors if they fail to have their licences renewed.

Credit card spending decreased in last November compared to the preceding month, according to BB