Economy stabilising but risks remain
1 hour(s) ago
Economy
Foreign loan inflows fall 29% as ADP hits five-year low
1 hour(s) ago
Economy
Young innovators shine with cutting-edge tech at digital expo
1 hour(s) ago
Economy
Abolish minimum tax, wealth surcharges
1 hour(s) ago
Economy
Allow banks to impose travel ban on defaulters
1 hour(s) ago
Economy
Why does central bank’s independence matter?
1 hour(s) ago
Economy
Govt drafts 25-year plan for agriculture
1 hour(s) ago
Economy
Govt orders assessment of CDBL’s listing potential
1 hour(s) ago
Economy
Gold smashes all records, surges to Tk 269,788
1 hour(s) ago
Economy
BSC receives new bulk vessel Banglar Nobojatra
1 hour(s) ago
Economy
Inflation declines in February
The overall inflation in Bangladesh slid 19 basis points to 9.67 percent in February thanks to a fall in the prices of both food and non-food items, according to sources at the planning ministry.
7 March 2024, 00:10 AM
Bitcoin soars to record high, then tumbles
Bitcoin touched a record high on Tuesday, fuelled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall
6 March 2024, 09:36 AM
Telecom operators want corporate tax cut
Telecom operators yesterday placed several proposals for the upcoming national budget for fiscal year 2024-25, demanding slashing corporate tax, withdrawing value added tax (VAT) on SIM sales and preventing double taxation, saying these would aid digitalisation in the country.
6 March 2024, 00:57 AM
Raise awareness to combat threats to cybersecurity
Raising awareness among citizens about cybersecurity and educating them on how to safely navigate the internet are crucial for Bangladesh to protect its cyberspace, experts said yesterday.
6 March 2024, 00:57 AM
RMG export in February one of the highest
Bangladesh exported garments worth $4.49 billion in February 2024, one of the highest for any single month, undergoing a year-on-year growth of 13.93 percent, according to data from the Export Promotion Bureau (EPB).
6 March 2024, 00:52 AM
BB now mulls merger of non-banks
Bangladesh Bank is planning to initiate mergers and acquisitions among weak non-bank financial institutions (NBFIs) if a similar initiative in the banking industry sees success.
6 March 2024, 00:52 AM
Deposit, lending rates of NBFIs go up
The interest rates of deposits and loans in the non-bank financial sector of Bangladesh have increased despite the cut in margins since the benchmark rate is on the rise.
6 March 2024, 00:46 AM
Dilemma of Bangladesh's power sector
Bangladesh finds itself at a critical juncture in its power sector, grappling with the perennial challenge of balancing the cost of electricity production against the revenues generated from its sale.
6 March 2024, 00:46 AM
Bailey Road fire ruins appetite for dining out
The Mughal Empire restaurant in Mohammadpur of Dhaka wore a quiet look at 7:30pm Monday, normally a peak time. With only four people at one corner eating biryani, it is a stark contrast to the usual gathering of 25-30 people.
6 March 2024, 00:39 AM
AIIB to provide budget support under climate finance
The Asian Infrastructure Investment Bank (AIIB) is going to provide budget support under the climate finance programme, which should provide some relief to the country’s foreign currency reserves.
6 March 2024, 00:39 AM
Commercial production of compostable bags held up by regulatory hurdles
Md Iftekharul Haq, an entrepreneur in Rajshahi, had become a local pioneer in producing compostable shopping bags back in 2022, providing a much-needed solution for the rampant environmental pollution in Bangladesh caused by polythene waste.
6 March 2024, 00:01 AM
IMF team to help NBR assess tax expenditures
A tax policy mission of the International Monetary Fund (IMF) yesterday began to work with the National Board of Revenue (NBR) to train taxmen to assess tax expenditures so that the government can eliminate less effective tax exemptions, broaden the tax base and increase revenue collection.
5 March 2024, 00:34 AM
'One step closer' to recovering stolen funds: BB
The New York State Supreme Court’s recent ruling in favour of the Bangladesh Bank has brought the country “one step closer” to recovering the stolen funds from the people responsible, according to the central bank.
5 March 2024, 00:34 AM
Six Indicators signal significant challenges for govt: MCCI
The government is facing significant challenges in as many as six out of nine key economic indicators, said a top chamber yesterday, calling for further actions to improve the scenario.
5 March 2024, 00:34 AM
Bangladesh yet to benefit from GI-certified products
Bangladesh is yet to derive any benefit from the products granted the status of geographical indication (GI) due to a lack of initiatives from stakeholders although the recognition enhances the reputation of goods, builds consumer confidence and brings in higher prices.
5 March 2024, 00:32 AM
Weak banks to merge with strong lenders in a year
Bangladesh Bank Governor Abdur Rouf Talukder has formally informed the owners of banks that weak lenders will be merged with stronger ones in a year and the banking regulator has got down to working towards it.
5 March 2024, 00:06 AM
Large-cap stocks plunge as floor prices go
Stocks of British American Tobacco Bangladesh (BATB) dropped at Dhaka Stock Exchange (DSE) following the lifting of its floor price yesterday, just as it had occurred for that of Grameenphone on the day before.
5 March 2024, 00:06 AM
The telecom services of the future
The global telecommunication sector is passing through an inflection point. Like other mature sectors, such as utilities, the telecom sector has established itself as a provider of vital services to billions of consumers and practically all business establishments.
4 March 2024, 17:32 PM
Inflation isn’t main concern of people: finance minister
Finance Minister Abul Hassan Mahmood Ali yesterday refused to accept that inflation is one of the main concerns of the people of the country
4 March 2024, 15:15 PM
Higher investments in non-cotton garments to fetch $46b by 2032: study
Bangladesh has the potential to raise non-cotton garment exports to up to $46 billion annually by 2032 if entrepreneurs invest $18 billion to expand their manufacturing capacity as the consumption of apparel made from artificial fabrics is rising rapidly, according to a new study.
4 March 2024, 00:32 AM