Pay hikes for govt staff may fuel inflation: governor
6 hour(s) ago
Economy
Six NBFIs finally set for liquidation, three get time to recover
6 hour(s) ago
Economy
Drug sales growth slip to single digits amid high costs, inflation
6 hour(s) ago
Economy
LDC graduation will expose economy to serious risks
6 hour(s) ago
Economy
US may cut tariffs on Bangladesh next week
6 hour(s) ago
Economy
App-based banking gains traction as customers go digital
6 hour(s) ago
Economy
Spinners stick to Feb 1 shutdown over yarn imports
6 hour(s) ago
Economy
How to raise revenue without hurting growth
6 hour(s) ago
Economy
Hybrid cars top choice in Europe
6 hour(s) ago
Economy
Chinese firm to invest $16.34m at Bepza EZ
6 hour(s) ago
Economy
Bank mergers far from voluntary
In fact, the reactions of the associated bankers and directors, circumstances centring the meetings where the decisions were taken alongside protests in one case confirmed that these had been decided by the government and relayed through the central bank.
28 April 2024, 00:20 AM
Improving summer power supply: Govt pays half the subsidy power ministry needs
The Finance Division last week disbursed Tk 1,500 crore in subsidy against the power ministry’s demand for the immediate release of Tk 3,000 crore to boost electricity supply during the summer months.
27 April 2024, 18:00 PM
Seamless internet not before end of May
The maintenance works of SEA-ME-WE 5, through which Bangladesh avails the largest chunk of international bandwidth, will take about a month, prolonging woes over the lack of a smooth broadband internet service in the country.
27 April 2024, 15:24 PM
Heat stress jeopardises dairy industry
There are around 2.5 crore cows and 13 lakh to 14 lakh farmers in the country. Of the farmers, 3.5 lakh own large farms, according to the Dairy Farm Owners Association in Bangladesh.
27 April 2024, 15:20 PM
DRU, DUJ urge easy access to Bangladesh Bank for journalists
The DRU said that the sudden barriers were intentional and went against independent journalism. It added that there would be a risk of wrong reporting about the banking sector
27 April 2024, 12:57 PM
US regulators seize troubled lender Republic First, sell it to Fulton Bank
Philadelphia-based Republic First, which had abandoned funding talks with a group of investors, was seized by the Pennsylvania Department of Banking and Securities.
27 April 2024, 12:11 PM
Stocks lose lustre as investment tool
Since the floor price removal, the stocks have been bleeding owing to massive sell-offs by local and foreign investors as the economic uncertainty persists
26 April 2024, 00:56 AM
Poultry farmers in a bind as chickens succumb to heatwave
Sumon Howlader, president of the Bangladesh Poultry Association (BPA), claimed that marginal farmers have suffered losses totalling around Tk 200 crore in the past 10 days due to the effects of the heatwave.
26 April 2024, 00:54 AM
Stocks fall further despite new circuit breaker
The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), plunged 60 points, or 1 percent to 5,518.
26 April 2024, 00:54 AM
USTR identifies Bangladesh among top-five counterfeit product suppliers
China (together with Hong Kong) continues to be the largest origin economy for counterfeit and pirated goods, accounting for more than 85 percent of global seizures of counterfeit goods from 2017 to 2019.
26 April 2024, 00:54 AM
Heatwave leaves no impact on RMG production
So far, any loss of productivity or major casualty has been averted while no incident related to the thin presence of workers or missing shipment deadlines has been recorded.
26 April 2024, 00:54 AM
IMF suggests raising power, gas and fertiliser prices
The International Monetary Fund yesterday recommended reducing government subsidies by hiking prices of power, gas and fertiliser, and spending the saved money on society safety net programmes.
25 April 2024, 18:00 PM
Many tech startups to collapse if tax exemption goes: experts
The income tax exemption period for the software and information technology services sector is set to expire in June of this year.
25 April 2024, 00:57 AM
IMF calls for smaller budget amid low revenue receipts
The IMF mission suggested that the upcoming budget, which will be unveiled in the first week of June, should be smaller than the projection, citing a low revenue collection, according to a number of finance ministry officials who attended the meeting.
25 April 2024, 00:57 AM
BSEC narrows circuit breaker limit to halt panic selling
The BSEC issued an order recalibrating the circuit breaker, saying that stocks of listed companies would not be allowed to fall more than 3 percent based on the previous day's closing price.
25 April 2024, 00:57 AM
Bay Terminal may draw $8b FDI
The Bay Terminal project’s two container terminals, a multipurpose terminal and an oil and gas terminal will all be implemented wholly with FDI, said the CPA chairman.
25 April 2024, 00:57 AM
EU's new supply chain law to improve labour conditions in Bangladesh
The Parliament’s vote came on the 11th anniversary of the tragic collapse of the Rana Plaza building, which killed 1,138 garment workers and injured more than 2,000 others.
25 April 2024, 00:01 AM
Tax receipts rise 15% in July-March, close to IMF target
Bolstered by rising value-added tax (VAT) collection and increased income tax receipts, the tax administrator logged Tk 259,866 crore in total revenue in the July-March period of the current fiscal year, according to the NBR’s provisional estimates.
23 April 2024, 00:55 AM
Allure of bonds, forced selling blamed for stock market rout
In the two and a half months preceding last Sunday, the DSEX, the benchmark index of Dhaka Stock Exchange (DSE), dropped 794 points, or 12 percent.
23 April 2024, 00:55 AM
BGMEA again seeks duty-free garment exports to US market
At the meeting, the BGMEA also urged the USTR to put pressure on US clothing retailers and brands to increase the per unit price paid for garment items sourced from Bangladesh.
23 April 2024, 00:55 AM