Economy stabilising but risks remain
8 hour(s) ago
Economy
Foreign loan inflows fall 29% as ADP hits five-year low
8 hour(s) ago
Economy
Young innovators shine with cutting-edge tech at digital expo
8 hour(s) ago
Economy
Abolish minimum tax, wealth surcharges
8 hour(s) ago
Economy
Allow banks to impose travel ban on defaulters
8 hour(s) ago
Economy
Why does central bank’s independence matter?
8 hour(s) ago
Economy
Govt drafts 25-year plan for agriculture
8 hour(s) ago
Economy
Govt orders assessment of CDBL’s listing potential
8 hour(s) ago
Economy
Gold smashes all records, surges to Tk 269,788
8 hour(s) ago
Economy
BSC receives new bulk vessel Banglar Nobojatra
8 hour(s) ago
Economy
Higher raw material imports signal end of pharma sector’s slump
Bangladesh’s pharmaceuticals sector is rebounding on the back of smooth imports of raw materials, a well-maintained supply chain, and a higher opening of letters of credit, highlighting the recovery following challenges over the last two years, industry people say.
21 February 2024, 00:32 AM
Credit card spending abroad rose 19% in Dec
Bangladeshis travelling abroad spent Tk 579 crore in December last year to buy goods and services, up 19 percent from a month ago, Bangladesh Bank data showed.
21 February 2024, 00:17 AM
Stocks fall for seventh session
Major indices of the Dhaka Stock Exchange (DSE) fell for a seventh successive trading session yesterday.
21 February 2024, 00:17 AM
Dhaka trade fair logs Tk 392cr in export orders
The 28th edition of the Dhaka International Trade Fair (DITF) has fetched export orders worth Tk 392 crore, up 17 percent from the previous year, according to the commerce ministry.
21 February 2024, 00:17 AM
10-year treasury bond yield reaches decade high
The yield of 10-year government bonds has increased to 12.05 percent, the highest in a decade, amidst tight liquidity in the market, indicating that money will turn expensive, said market insiders.
21 February 2024, 00:17 AM
Supply of essential Ramadan commodities rises
The import of soyabean oil, chickpeas, dates, palm oil, pulses, and yellow peas, items that are in high demand during the fasting month of Ramadan, are on the up, according to a paper by the Bangladesh Trade and Tariff Commission (BTTC) obtained from the commerce ministry.
21 February 2024, 00:17 AM
Padma Bank to turn institutional deposits into preference shares
In a rare move, Padma Bank PLC is going to convert institutional deposits into preference shares and provide them to customers seeking to withdraw funds, exposing how deeper its liquidity crisis is.
21 February 2024, 00:17 AM
Extend tax return filing deadline for companies: FBCCI
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the National Board of Revenue (NBR) to extend the deadline for tax return filing by companies by two months until April 30 this year 2024.
21 February 2024, 00:17 AM
Regulator to audit Teletalk, BTCL
The Bangladesh Telecommunication Regulatory Commission (BTRC) will audit Teletalk and Bangladesh Telecommunication Company Limited (BTCL) to unearth the amount of dues owed to the regulator by the state-run telecom companies.
20 February 2024, 00:47 AM
Bangladesh to get first ‘green’ residential project with Tk 1,080cr investment
Ananta Group, one of the top garment exporters, is going to build Bangladesh’s first environment-friendly residential complex in the capital city with an estimated investment of Tk 1,080 crore.
20 February 2024, 00:47 AM
M&A transactions amounted to at least $2.5b in 18 years
Bangladesh registered at least $2.5 billion in funding from investors for mergers and acquisitions (M&A) of firms since 2005, according to a recent study, which says there is room for growth in terms of M&A in Bangladesh although the volume is modest in comparison with regional counterparts.
20 February 2024, 00:47 AM
Shwapno aims to clock $2b sales in seven years
Shwapno has posted operating profit in the last two years and witnessed a nearly six-fold increase in sales in the past one decade. And the fastest-growing retail chain in Bangladesh hopes to maintain its momentum in the coming years.
20 February 2024, 00:40 AM
Education curriculum should be based on industrial needs
Education curriculum of private universities should be based on the needs of industries so that graduates can fulfil basic requirements, said employers yesterday.
20 February 2024, 00:40 AM
PriyoShop raises $5m in funding
PriyoShop, a business-to-business (B2B) retail marketplace for micro, small and medium enterprises (MSMEs), yesterday announced the completion of a $5 million pre-Series A round of funding.
20 February 2024, 00:40 AM
Communicating wellness through meaningful engagement
Many companies are quite serious about communicating wellness-related information to co-workers. They have realised that a healthy workforce is crucial for sustainable productivity and want to become humane institutions.
20 February 2024, 00:20 AM
Foreign Loan: Repayment crosses $4b for first time
Foreign loan repayment, which was hovering around $3 billion since fiscal 2012-13, crossed the $4 billion-mark for the first time last fiscal year on the back of high interest payments and short-term loans in the power and energy sector.
19 February 2024, 18:00 PM
IDRA rolls out policyholder protection measures
For the first time in Bangladesh, the Insurance Development and Regulatory Authority (IDRA) has issued insurance policyholder protection guidelines today to protect the interest of policyholders.
19 February 2024, 13:06 PM
Inflation’s obduracy reflects the inadequacies of the policy response
The spike in inflation from 9.41 percent in December to 9.86 percent in January was driven entirely by the rise in non-food inflation.
19 February 2024, 00:58 AM
8 banks, NBFIs to provide Tk 362cr for a private economic zone
Eight banks and financial institutions of Bangladesh and the World Bank are going to provide a syndicated credit facility of around Tk 430 crore for the development and expansion of Bay Economic Zone Limited (BEZL).
19 February 2024, 00:58 AM
18 non-life insurers spent beyond regulatory limits in 2022
Eighteen non-life insurance companies spent more in 2022 on management expenses than allowed, leaving a negative impact on their overall business and eroding their capacity to settle claims.
19 February 2024, 00:58 AM