‘Extended duty benefit to keep medicine prices in check’

The proposed budget has provided relief to pharmaceuticals manufacturers and patients as it retained duty-free import benefits for over 100 raw materials used in making life saving cancer, heart disease and diabetes drugs. 
20 June 2023, 18:00 PM

LC margin eased for importers serving SMEs

Bangladesh Bank today relaxed rules regarding financing availed by commercial importers to cater to cottage, micro, small and medium enterprises (SMEs)
20 June 2023, 16:28 PM

Central bank brings back relaxed loan repayment facility

The facility will support the borrowers struggling to pay back loans amid lingering crisis at home and abroad
20 June 2023, 16:21 PM

Don't increase sugar price now: CAB

Sugar refiners' proposal to hike sugar prices unreasonable, it says
20 June 2023, 15:16 PM

Bill placed to define movable assets as collateral for loan

The Secure Transactions of (Moveable Assets) Bill 2023 placed at the parliament
20 June 2023, 14:28 PM

National logistics committee demands simplified policies

It made the call in a meeting at the PMO
20 June 2023, 13:20 PM

Avail more foreign fund for project financing: PM

Prime Minister Sheikh Hasina asked the authorities concerned at Ecnec meeting
20 June 2023, 11:53 AM

Chinese company to invest $9.5 million in Mongla EPZ

This company will produce 10 million pieces of different kind of boxes for packaging like paper boxes, jewelry boxes, jewelry bag, watch boxes, and gift boxes, according to a press release.
20 June 2023, 09:47 AM

DSE, CSE edge up in morning trade

The DSEX, the benchmark index of the bourse in Bangladesh, inched up 6 points, or 0.10 per cent, to 6,320 at 11:00 am.
20 June 2023, 06:18 AM

Inflationary pains for common people to persist

Like in the outgoing financial year, the common people in Bangladesh will continue to suffer from higher consumer prices in 2023-24 as the factors behind the elevated level of inflation are unlikely to change dramatically.
20 June 2023, 02:00 AM

Pran Agro to raise Tk 262cr thru bonds

Pran Agro is going to raise funds of Tk 262.5 crore form institutional investors and high-net worth people by issuing bonds.
19 June 2023, 18:00 PM

‘Nurul Islam’s contribution remarkable in nation building’

Noted economist Prof Nurul Islam’s contribution to the independence of Bangladesh and nation building after independence was remarkable as he played a role in diagnosing the disparity between the then East Pakistan and West Pakistan, launch the first five-year plan and enlist Bangladesh as a least developed country (LDC), said economists. 
19 June 2023, 18:00 PM

Pubali Bank signs MoU with Bproperty

Pubali Bank Limited has recently signed a memorandum of understanding (MoU) with Bproperty at the bank’s head office in Dhaka.
19 June 2023, 18:00 PM

bKash app introduces Auto Pay

A new feature styled “Auto Pay” has recently been added to bKash app’s Send Money service to make it more convenient for users.
19 June 2023, 18:00 PM

NRBC Bank’s assets rise 29%

NRBC Bank’s assets have increased by 29 per cent to Tk 16,115 crore by the end of December 2022, compared to the previous year’s Tk 12,462 crore.
19 June 2023, 18:00 PM

StanChart, UCEP training to empower 2,000 youths

UCEP Bangladesh in collaboration with Standard Chartered has launched an entrepreneurship development initiative with a view to empowering 2,000 vulnerable youths with employable skills and entrepreneurship training.
19 June 2023, 18:00 PM

Stocks rise despite contractionary monetary policy

The key indexes of the Dhaka and Chittagong stock exchanges rose yesterday despite the central bank unveiling a contractionary monetary policy a day earlier and scrapping the interest rate cap on loans. 
19 June 2023, 18:00 PM

How business-friendly new income tax law is

It’s been long since we had been following the Income Tax Ordinance 1984 and the most important issue is that the International Monetary Fund (IMF) has imposed a condition at the time of approval of the loan to the government to introduce a new tax act.
19 June 2023, 18:00 PM

Refiners want 20% hike in retail sugar price

The refiners yesterday urged the government to hike retail prices of packaged sugar by 20 per cent to Tk 150 a kilogramme citing spiral in import costs due to a rise in the sweetener’s international rates and higher spending for US dollar.
19 June 2023, 18:00 PM

Allow more private ETPs in Savar tannery estate

The government should allow more private companies to build effluent treatment plants (ETPs) inside Savar Tannery Industrial Estate (STIE), said Shaheen Ahmed, chairman of Bangladesh Tanners Association (BTA), yesterday.
19 June 2023, 18:00 PM