The dollar rose to a new 10-month peak on Tuesday as US bond yields hit their highest level since October 2007, while the Japanese yen recovered from an early dip, with traders on alert for signs of government intervention..Federal Reserve policymaker Neel Kashkari said on Monday that, giv

The Bangladesh Bank (BB) is yet to receive any official communication neither from the US authorities nor from the Asian Clearing Union (ACU) regarding restriction on processing payments linked to the ACU.

Oil prices fell on Tuesday as a stronger US dollar compounded concerns that demand for fuel will be held back by major central banks holding interest rates higher for longer..Brent crude futures were down $1.16, or 1.24 percent, at $92.13 a barrel at 0844 GMT, while US West Texas Intermedi

Entrepreneurship is a general, blanket term related to starting a business. An entrepreneur is someone who has an idea and who works to create a product or service that people will buy. .An entrepreneur takes on most of the risk and initiative for the new business and is often seen as a vi

In Bangladesh, the peak season for the tourism and hospitality sector begins in September and continues until March. And the upcoming long weekend is going to provide an initial boost to the sector, with operators in major holiday destinations coming up with various offers.

Saif Powertec Limited, a local provider of logistics and container supply chain management services, has agreed to facilitate the transport of goods from mainland India to remote north-eastern states of the neighbouring nation.

Emirates has been named the “Airline of the Year 2023” in Bangladesh in the “ShareTrip Monitor Airline of the Year 2023” award ceremony in recognition of its award-winning products and services.

NCC Bank has distributed agricultural materials, including seeds, fertiliser and pesticides, free of cost among 1,155 marginal farmers of Nangalkot, Cumilla sadar and Gouripur of Cumilla district on Saturday.

Bank Asia Limited organised a daylong “Agent Business Meet-2023” at the Bangladesh Academy for Rural Development (BARD) in Cumilla on Saturday.

For the first time, the Bangladesh Bank has decided to determine the rate of foreign exchange, namely the US dollar, to be delivered in future, widely known as forward contract -- a move that has created mixed reactions among businesses.

Bangladesh’s garment exports to the US can increase anywhere from $400 million to $800 million annually if the American government offers a “cotton GSP scheme”, according to a study.

Implementation of an integrated budget and account system (iBAS++) will save Bangladesh an estimated Tk 59,804 crore ($5.4 billion) in the next five years. 

The electronic procurement, rolled out more than a decade ago to ensure competition and cut the scope of irregularities, still suffers from a lack of competition as public agencies awarded contracts worth Tk 60,069 crore based on single bids, a new study found.

Bangladesh’s credit rating came under further threat today as Fitch put the country on a “negative” outlook while giving a damning verdict on the central bank’s policy response to the fast-depleting foreign currency reserves

In Bangladesh, the peak season for the tourism and hospitality sector begins in September and continues until March. And the upcoming long weekend is going to provide an initial boost to the sector, with operators in major holiday destinations coming up with various offers.

Bangladesh’s garment exports to the US can increase annually anywhere from $400 million to $800 million if the American government offers a “cotton GSP scheme”, according to a study.

The Dubai-based airline won a total of five gold, two silver and two Bronze awards in various categories

The Transparency International Bangladesh says

A democratic transition has emerged as a prerequisite for an inclusive and sustainable economy, said a noted economist today.

Mohammad Plastic Industry Limited, a concern of Chattogram-based N Mohammad Group, has deferred its Tk 500 crore expansion plans by around two and a half years citing construction materials and the US dollar turning costlier.