Pay hikes for govt staff may fuel inflation: governor
4 hour(s) ago
Economy
Six NBFIs finally set for liquidation, three get time to recover
4 hour(s) ago
Economy
Drug sales growth slip to single digits amid high costs, inflation
4 hour(s) ago
Economy
LDC graduation will expose economy to serious risks
4 hour(s) ago
Economy
US may cut tariffs on Bangladesh next week
4 hour(s) ago
Economy
App-based banking gains traction as customers go digital
4 hour(s) ago
Economy
Spinners stick to Feb 1 shutdown over yarn imports
4 hour(s) ago
Economy
How to raise revenue without hurting growth
4 hour(s) ago
Economy
Hybrid cars top choice in Europe
4 hour(s) ago
Economy
Chinese firm to invest $16.34m at Bepza EZ
4 hour(s) ago
Economy
Global companies upbeat about Bangladesh's denim
A European retailer asking not to be named said he has already increased the amount of clothes his company sources from Bangladesh as the country’s increasing production capacity was helping to give them more confidence.
7 May 2024, 00:16 AM
Forex reserve target for IMF loans may be revised down to $18b
The latest proposal was made to the IMF’s visiting mission yesterday during a joint meeting with officials of the finance division and central bank at the finance ministry in Dhaka.
7 May 2024, 00:16 AM
Pandemic's new poor unable to recover: study
Besides, these “new poor” are vulnerable to further deterioration of their financial health as they lack strong networks with employers, access to loans and social safety net programmes.
7 May 2024, 00:16 AM
Sikder family loses grip on National Bank
The Sikder family has apparently lost its grip on National Bank Ltd as Bangladesh Bank has appointed a new board for the country’s first private bank.
6 May 2024, 18:00 PM
Troubled NBL offers cash to journalists in snacks box
After the press conference, the bank officials offered packets with snacks to journalists. However, after taking the packet, journalists noticed that it contained an envelope with Tk 5,000 inside
6 May 2024, 17:00 PM
IMF’s stringent conditions undermine public interest: speakers
Speakers at a human chain today expressed concern at the stringent conditions imposed by the International Monetary Fund
6 May 2024, 14:17 PM
Complex global policy emerging as key challenge for Bangladesh: Wahiduddin
However, this will not be easy for a least developed country (LDC) like Bangladesh, he added while addressing the inaugural session of the “First Development Studies International Conference- DSIC 2024”.
6 May 2024, 00:37 AM
Bangladesh to loosen interest rate on IMF prescription
However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.
6 May 2024, 00:37 AM
Decent jobs, quality education should get top priority in budget
About 22 percent of the respondents placed top priority on decent jobs, 17.5 percent on quality education and 12 percent on social protection, said the associated report.
6 May 2024, 00:37 AM
Taka to trade more freely by next month
Bangladesh will introduce a crawling peg system by next month to make the exchange rate more flexible and improve the foreign currency reserves, a key prescription from the International Monetary Fund.
5 May 2024, 18:00 PM
Garment exports to US continue to decline
In the January-March period of the current year, garment shipments to American markets declined by 17.68 percent to $1.75 billion, according to data from the Office of Textiles and Apparel (OTEXA), a body under the American Commerce Department.
5 May 2024, 00:00 AM
Rancon rolls out six models of Mercedes Benz EVs
In recent years, German automotive manufacturers Audi and BMW, and Chinese giant BYD have launched EVs in Bangladesh.
5 May 2024, 00:00 AM
Will there be any respite from inflation?
To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.
5 May 2024, 00:00 AM
BB likely to discard SMART formula as interest rate surges
In July last year, the central bank withdrew the 9 percent lending rate cap and introduced the Six-months Moving Average Rate of Treasury bills (SMART).
5 May 2024, 00:00 AM
Remittance rose 21% in April for Eid
Officials of commercial banks said the remittance inflows are not up to the mark considering the record number of manpower exports because the unofficial exchange rate is still high.
3 May 2024, 00:47 AM
Padma Bank MD asked to justify application on behalf of defaulter
The court has served a show-cause notice to the managing director of Padma Bank for applying for bail and release of property of a wilful defaulter without fulfilling the conditions of the law, according to court documents.
3 May 2024, 00:47 AM
Handover of 500 acres of land for Bay Terminal at final stage
In three separate letters, the Chattogram district administration yesterday instructed the Chittagong Port Authority (CPA) to deposit the land lease charges with the Bangladesh Bank and send copies of the respective receipts to its office.
3 May 2024, 00:47 AM
Export falls to a six-month low
The country shipped products worth $3.91 billion last month, down 0.99 percent from $3.95 billion a year ago, according to data released yesterday by the Export Promotion Bureau (EPB).
3 May 2024, 00:47 AM
Power price to go up four times a year
The government has drawn up a plan to increase the price of electricity four times a year for the next three years to withdraw all subsidies in the power sector, which the IMF recommends.
2 May 2024, 18:00 PM
Finance Minister seeks budget support from ADB
Finance Minister Abul Hassan Mahmood Ali sought policy-based lending support to undertake reforms related to trade policy, logistics, climate and LDC graduation.
2 May 2024, 14:38 PM