IMF suggests uniform exchange rate of dollar in Bangladesh

A team of staff of the IMF is now visiting Bangladesh
2 May 2023, 16:32 PM

Taka weakens further, BB sells $1 at Tk 104.5

The central bank devalued the local currency Tk 103 from Tk 102 in the first week of April.
2 May 2023, 13:54 PM

Romo Rouf Chowdhury re-elected as Bank Asia chairman

Chowdhury is one of the sponsor shareholders as well as sponsor directors of Bank Asia
2 May 2023, 13:38 PM

Kohinoor Chemicals posts 16.5% jump in profit in July-March

The company's profit stood at Tk 9.87 crore in the January-March quarter of 2021-22
2 May 2023, 13:23 PM

Dhaka stocks return to black

The index rose for nine consecutive days before falling for a day on April 30
2 May 2023, 13:01 PM

Remittance declines 16.27% in April

Migrant workers sent home $1.68 billion in October
2 May 2023, 12:37 PM

Forex reserves fall below $31 billion

It hit $30.92b on April 30, down from $44.01b on same day a year ago
2 May 2023, 12:25 PM

BBS to publish quarterly GDP data from 2024

The decision was taken to meet IMF's $4.7 billion loan conditions
2 May 2023, 11:40 AM

DSE trading flat, CSE up in first half

The Dhaka Stock Exchange (DSE) was almost flat in the morning trade today.
2 May 2023, 06:53 AM

Hobby of aquarium fish churning thousands for schoolboy

The 16-year-old schoolboy from Faridpur Sadar upazila now earns at least Tk 80,000 per month through fish farming.
1 May 2023, 12:27 PM

BSCIC Barishal project in the slow lane

A project of the Bangladesh Small and Cottage Industries Corporation (BSCIC) aimed at developing its industrial estate in Barishal and improving infrastructure there has again missed the deadline for completion owing to sluggish implementation, official documents showed.  
1 May 2023, 03:00 AM

Bogura’s foundry industry almost future-proof

The agriculture-based foundry and light engineering industry of Bogura is all set to face any challenge that may arise amid the fourth industrial revolution, according to market players.
1 May 2023, 02:30 AM

Demand for loans falls to 12-month low

Private sector credit growth in Bangladesh slipped to a 12-month low of 12.03 per cent in March, a development that may hurt GDP growth and job creation. 
1 May 2023, 02:00 AM

Petroleum marketers’ profit rises on higher commission

State-run petroleum marketing companies posted higher earnings in the first three quarters of the current financial year (2022-23) thanks to the increased commission they get from the government for selling petroleum.
30 April 2023, 18:00 PM

Consider using renminbi as loan currency

The Export-Import (Exim) Bank of China has recommended that Bangladesh consider using renminbi (RMB) as a loan currency when receiving financing from the country in order to facilitate deeper bilateral cooperation and accelerate the implementation of digital connectivity projects.
30 April 2023, 18:00 PM

Edible oil refiners seek to hike prices

Edible oil refiners in Bangladesh yesterday sought to increase their prices by up to 9.62 per cent as the industry will no longer enjoy a reduced tax benefit following the completion of its one-year tenure.
30 April 2023, 18:00 PM

Banks raise dollar prices for remitters, exporters

Bankers yesterday decided to pay a total of Tk 110.70 to migrant workers and non-resident Bangladeshis for a US dollar from this week in order to encourage them to send foreign currency through formal channels, according to a meeting.
30 April 2023, 18:00 PM

Govt re-imposes fumigation of US cotton

The government has re-imposed the provision of fumigation of US cotton at ports, official documents showed, a move that may increase the lead time and cost of production for importers.
30 April 2023, 18:00 PM

Air Astra joins Dhaka Travel Mart 2023 as title sponsor

Air Astra, the youngest private airline in Bangladesh, has been designated as title sponsor for the upcoming 18th International Tourism Fair, which is also known as Dhaka Travel Mart.
30 April 2023, 18:00 PM

Bank Asia virtually holds AGM

Bank Asia Limited virtually organised its 24th annual general meeting (AGM) yesterday, when shareholders approved a 15 per cent cash dividend for the year 2022.
30 April 2023, 18:00 PM