Gold prices to cross Tk 93,000 per bhori for the first time

Gold is going to be even pricier from tomorrow as the Bangladesh Jewellers' Association (Bajus) is set to hike its rates for the third consecutive week.
14 January 2023, 14:03 PM

Puma expanding footprint as outlet opens in Chattogram

International footwear and apparel brand Puma has expanded its footprint in Bangladesh by launching a flagship showroom in port city Chattogram.
14 January 2023, 13:16 PM

‘Electricity tariff hike a challenge for private sector’

The recent retail electricity tariff hike will ultimately create an additional economic burden on the smooth operations of the private sector and power intensive industries, Dhaka Chamber of Commerce and Industry (DCCI) President Barrister Md Sameer Sattar said.
14 January 2023, 09:38 AM

Bangladesh Bank set to announce new monetary policy Sunday

Bangladesh Bank (BB) is going to announce a new monetary policy on Sunday in line with the advice of the International Monetary Fund (IMF).
13 January 2023, 14:48 PM

Plight of small businesses only deepens

Mohammad Sohel was dusting off the shelves in his shop at the Muktijoddha Supermarket in Mirpur 1 on Wednesday afternoon as no shopper was present. In fact, he did not record any sales on the day although some shoppers did turn out.    
13 January 2023, 09:00 AM

Where did most Bangladeshi migrant workers go in 2022?

Over 11.35 lakh Bangladeshis migrated to foreign nations in 2022, the highest ever in the history of the south Asian country.
13 January 2023, 09:00 AM

Local auto assembly gains steam

Bangladesh is set to soon witness local assembling of cars of a third international brand. 
13 January 2023, 03:30 AM

Lanka gets 6 more months to repay BB’s $200m

Bangladesh Bank yesterday granted Sri Lanka’s request to be given six more months to repay a $200 million loan due to the prolonging of its economic crisis. 
13 January 2023, 03:00 AM

Nagad Finance inches closer to running MFS operation

The Bangladesh Bank yesterday decided in principle to allow Nagad Finance PLC, a proposed non-bank financial institution (NBFI), to run mobile financial services. 
13 January 2023, 02:30 AM

RMG export growth slows in US, EU for global uncertainty

The growth of garment shipment to the US and the European Union declined in July-December as consumers in the two largest export destinations of Bangladesh have remained concerned about the persisting economic uncertainty for the raging Russia-Ukraine war.  
13 January 2023, 02:00 AM

Regaining clients’ trust a must for insurance: FBCCI

The insurance sector should focus more on increasing awareness and regaining customers’ trust for the sake of the industry’s development, FBCCI President Md Jashim Uddin said yesterday.
12 January 2023, 18:00 PM

Stocks rise for third day

The stock index continued rising for the third consecutive day although most of the stocks either dropped or remained unchanged yesterday.
12 January 2023, 18:00 PM

Shahjalal Islami Bank re-elects chairman

Mohammed Younus was unanimously re-elected as the chairman of Shahjalal Islami Bank at the bank’s 354th board meeting on Wednesday.
12 January 2023, 18:00 PM

Brac Bank to get $100m from Jica, Citi

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
12 January 2023, 18:00 PM

Strengthen macroprudential regulations: ICCB

Bangladesh should direct major efforts towards strengthening macroprudential regulations and building foreign exchange reserves, according to experts. 
12 January 2023, 18:00 PM

Why we struggle to share credit

Back in the day when we went to university, it was a common feature in every batch to have a group of friends who would inadvertently have a designated “Khadem” or “assistant” from the same class, an ordinary-looking, kind-hearted male classmate who would take care of their every need at the drop of a hat!
12 January 2023, 18:00 PM

Inflation, debt crisis major risks

Bangladesh’s economy faces five major risks in the next two years, the top three being sustained inflation, debt crises and severe commodity price shocks, according to a report released by World Economic Forum (WEF). 
12 January 2023, 18:00 PM

Brac Bank to get $100 million from Jica, Citi to finance green projects

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
12 January 2023, 14:59 PM

Sri Lanka given 6 more months to repay Bangladesh’s $200m loan

Bangladesh Bank today granted Sri Lanka six more months to repay the $200 million loan after the Island nation requested to extend the repayment period due to its prolonged economic crisis.
12 January 2023, 14:18 PM

Regaining clients’ trust a must for insurance now: FBCCI

The insurance sector should focus more on increasing awareness and regaining customers’ trust for the sake of the industry’s development, FBCCI President Md Jashim Uddin said today.
12 January 2023, 13:40 PM