Pay hikes for govt staff may fuel inflation: governor
10 hour(s) ago
Economy
Six NBFIs finally set for liquidation, three get time to recover
10 hour(s) ago
Economy
Drug sales growth slip to single digits amid high costs, inflation
10 hour(s) ago
Economy
LDC graduation will expose economy to serious risks
10 hour(s) ago
Economy
US may cut tariffs on Bangladesh next week
10 hour(s) ago
Economy
App-based banking gains traction as customers go digital
10 hour(s) ago
Economy
Spinners stick to Feb 1 shutdown over yarn imports
10 hour(s) ago
Economy
How to raise revenue without hurting growth
10 hour(s) ago
Economy
Hybrid cars top choice in Europe
10 hour(s) ago
Economy
Chinese firm to invest $16.34m at Bepza EZ
10 hour(s) ago
Economy
US trade bodies oppose tariff hike idea for garments from Bangladesh
Bangladeshi apparel exporters are facing one of the highest tariffs at 15.62 percent in the US, which imported more than $116 billion worth of garment items last year. Bangladesh's share stands at 9.3 percent.
18 April 2024, 00:29 AM
Social safety net to get wider and better
A top official of the ministry said the government would increase the number of beneficiaries in two major schemes – the old age allowance and the allowance for widows, deserted, or destitute women.
18 April 2024, 00:29 AM
ADN Telecom plans to make telecom devices
ADN Telecom, a leading IT and telecommunication service provider in Bangladesh, has availed land to set up facilities and locally manufacture telecommunication devices to substitute imports, according to company officials.
17 April 2024, 17:55 PM
Bank Asia plans to acquire Bank Alfalah’s Bangladesh unit
Bank Asia is going to hold a meeting of its board of directors next Sunday and is likely to disclose the mater in detail, a senior official of Bank Asia said.
17 April 2024, 12:44 PM
Edible oil refiners seek to hike price by Tk 10 per litre
If this comes into effect, a one-litre bottle of soybean oil will cost Tk 173, a five-litre bottle Tk 845 whereas unpackaged palm oil Tk 132 a litre.
17 April 2024, 00:20 AM
BASIC Bank officials ‘terrified’ by impending merger
As a state-run bank, BASIC Bank's officers and employees enjoy and job security alongside various employee benefits -- including salaries, provident fund facilities, gratuity, retirement allowance -- which may differ from those offered at City Bank.
17 April 2024, 00:14 AM
Baked by heat, Bangladesh expands AC manufacture
Manufacturers and retailers estimate that 530,000 units were sold in 2023, increasing sharply from 330,000 units in 2022.
17 April 2024, 00:14 AM
IMF cuts GDP growth forecast for Bangladesh again
The Washington-based lender said the economy would grow by 5.7 percent in 2023-24, lower than the 6 percent forecast in October. The gross domestic product (GDP) projection was 6.5 percent initially.
17 April 2024, 00:14 AM
Govt to continue incentives for exporters in post-LDC era
Officials in the commerce ministry said subsidies may be provided on electricity bills, or in the form of technology upgradation funds and skills development funds.
17 April 2024, 00:14 AM
Dhaka stocks keep falling
Dhaka stocks declined in the morning trade for the second consecutive session today as sales pressure dominated the bourse.
16 April 2024, 06:44 AM
Garment exports face fresh trouble as Iran-Israel conflict stokes fears
Buyers are already asking suppliers to execute orders as soon as possible because the time to transport goods has been extended by an additional 15 days following the outbreak of the Red Sea crisis in October.
16 April 2024, 03:36 AM
Rice prices unlikely to fall from current level
Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.
16 April 2024, 03:36 AM
SS Steel to issue Tk 500cr bonds
The steel producer’s board of directors took the decision to issue the unsecured, convertible and redeemable coupon-bearing bonds in a meeting on April 9 and informed shareholders through a disclosure on the Dhaka Stock Exchange (DSE) yesterday.
16 April 2024, 03:36 AM
NBR issues 'electric seal and lock rules' for fourth time
Earlier, there was a provision for the service providers to be appointed by a committee appointed by the board, said Rahman. Now the company which can provide this service at a low cost will be given the job, he explained.
16 April 2024, 03:22 AM
No more bank merger proposals for now: BB
Bangladesh Bank will focus on five merger or amalgamation proposals it has already received and not accept any other proposals for the time.
16 April 2024, 03:22 AM
Stock indices plunge as Middle East tensions flare up
Investors go for panic sales for fear of another global crisis
16 April 2024, 03:22 AM
Economy in for a double whammy
With inflation edging towards double digits and quarterly GDP growth nearly halving year on year, pressure on consumers is mounting and experts are pointing at even darker clouds.
15 April 2024, 18:00 PM
Three out of four people still unbanked in Bangladesh
Only 28.3 percent had an account with a bank or NBFI last year, it showed, increasing from 26.2 percent the year prior.
15 April 2024, 15:24 PM
BTRC to open fresh audits into GP, Robi
The decision to carry out the audits comes although the claims of the first audits into the operators haven’t been settled yet.
9 April 2024, 00:50 AM
Loans to become overdue 3 months after repayment date
The BB said this will come into effect from September 30 this year.
9 April 2024, 00:39 AM