Govt frames sustainable procurement policy

The government recently drew up its Sustainable Public Procurement (SPP) Policy 2023, facilitating the participation of small-and-medium enterprises (SMEs) and women-owned business enterprises (WBEs) in public tenders.
21 December 2023, 18:00 PM

BB reconstitutes National Bank board

Bangladesh Bank yesterday reconstituted the board of National Bank, in a move that is expected to steady the ship at the country’s first private sector bank beset by financial irregularities.
21 December 2023, 18:00 PM

Sino-Bangla trade to rise after Jan 7 polls: Chinese envoy

27 Chinese and Bangladeshi businesses honoured for contribution to Bangladesh economy
21 December 2023, 17:05 PM

Greenhouse gas emission from farm sector likely to rise

Former BIDS research director M Asaduzzaman says in a paper
21 December 2023, 15:00 PM

Forex reserves rise by $1.51 billion in a week

Reserves stood at $20.68 billion on Dec 20
21 December 2023, 12:40 PM

Bangladesh Bank dissolves National Bank board

Former DU Prof Syed Ferhat Anwar is the new National Bank chairman
21 December 2023, 09:46 AM

Hundi at play in dipping remittance inflow: Bangladesh Bank

The remittance experienced a sharp decline—13.5 percent year-on-year—when it hit $4.91 billion in the July-September quarter of 2024, down from $5.67 billion in the same period previous year, according to the quarterly data of the central bank.
21 December 2023, 09:23 AM

IDRA steps in as Fareast Islami Life Insurance falls behind on payout

IDRA has ordered Fareast Islami Life Insurance Company Limited not to spend anything from its premium income, income from investment and life fund if it fails to settle claims of policyholders by this month
21 December 2023, 00:15 AM

Debt burden gets heavier as Bangladesh runs low on capacity to repay

Bangladesh’s debt service to revenue ratio to cross the 100 percent mark for the first time owing to rising loans, lower tax and export receipts
21 December 2023, 00:10 AM

Lower sales of agri-machinery, spare parts hurting light engineering sector

Segments of the light engineering sector suffering from significantly lower sales for the past one-and-a-half years
21 December 2023, 00:00 AM

Taka depreciation expected to continue amid financial outflows

The taka is expected to depreciate further against the US dollar due to huge outflows, says BB
20 December 2023, 18:00 PM

Central bank rolls out bancassurance guidelines

To be eligible, banks have to show positive net profit for three consecutive years
20 December 2023, 15:16 PM

Post-LDC challenges now a headache for Bangladesh: finance secretary

The govt targets achieving one crore direct taxpayers by 2026, he says
20 December 2023, 14:23 PM

GSP Finance incurs loss for fourth consecutive quarter

Its EPS stood at Tk 2.75 in the negative in Jul-Sep
20 December 2023, 12:08 PM

Cement makers slash output as political tension flares up

Cement makers in Bangladesh have reduced production as political tension slowed sales amid a slowdown in construction projects
20 December 2023, 00:10 AM

Luxury hotels log higher revenue: half of it comes from food, beverage

Food and beverages are major sources of revenue for most of the luxury hotels in Bangladesh compared to their earnings from renting out rooms
20 December 2023, 00:00 AM

Bangladesh falls behind peers in receiving non-resident deposits

Bangladesh is lacking among four South Asian countries to attract deposits and investments from Bangladeshi migrants, according to a World Bank report
19 December 2023, 18:15 PM

Ctg-based lighter vessel owners announce split from Water Transport Cell

They will operate separately under the Inland Vessel Owners Association of Chattogram
19 December 2023, 16:57 PM

ADB cuts Bangladesh's GDP growth forecast to 6.2%

The Asian Development Bank (ADB) has revised downward the growth forecast for Bangladesh’s economy to 6.2 percent for the current fiscal year ending in June 2024..“This is due to moderate growth in exports and manufacturing amid an economic slowdown in major export markets, power and energy
19 December 2023, 15:19 PM

Indo-Bangla meetings of shipping secretaries begin

The event is going on at Intercontinental Hotel in Dhaka
19 December 2023, 15:13 PM