Stocks rise for third day

The Dhaka stocks continued rising for the third consecutive day although most of the stocks either dropped or remain unchanged today.
12 January 2023, 12:48 PM

Mobile phone subscriber numbers decline

The country’s mobile subscriber base witnessed a decrease in November last year as top operator Grameenphone lost a big chunk of customers due to a SIM sales ban. 
12 January 2023, 04:00 AM

Paper export doubles

Bangladesh’s export of paper and paper products have risen 123.35 per cent year-on-year in the first half of the current fiscal year thanks to the post-pandemic recovery and manufacturers’ focus on finding new export destinations.
12 January 2023, 03:30 AM

Desperate, banks ignore own rates for collecting remittance

In a desperate attempt at collecting the greenback to meet immediate requirements, a good number of banks are ignoring directives of two lenders’ organisations to not offer over Tk 107 for each US dollar coming in as remittance. 
12 January 2023, 02:30 AM

Worker outflow hits record high but remittance falls

Bangladesh sent the highest number of migrant workers in its history in 2022 thanks to a surge in demand for labourers in the Middle Eastern countries but remittance receipts did not go up proportionately.  
12 January 2023, 02:00 AM

Bank Asia, BB sign deal on agri refinance fund

Bank Asia Limited has signed a participatory agreement with Bangladesh Bank (BB) under a refinance scheme of Tk 5,000 crore for the agriculture sector aiming to ensure food security of the country.
11 January 2023, 18:00 PM

Ali becomes Pubali Bank’s new MD

Mohammad Ali has been appointed as the managing director and chief executive officer of Pubali Bank Limited by the board of directors.
11 January 2023, 18:00 PM

DSE turnover exceeds Tk 500cr after a month

Stocks in Bangladesh continued to rise for a second consecutive day yesterday while turnover at Dhaka Stock Exchange (DSE) exceeded Tk 500 crore after one month. 
11 January 2023, 18:00 PM

Small businesses to get easy loans

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) teamed up with Bengal Commercial Bank yesterday to extend loan assistance to help cottage, small and medium entrepreneurs run their businesses.
11 January 2023, 18:00 PM

Global expos on RMG machinery begin in Dhaka

Four international trade shows on garment machinery and allied products began at the International Convention City Bashundhara in Dhaka yesterday.
11 January 2023, 18:00 PM

Why National Bank won’t be penalised

The High Court yesterday asked authorities concerned to explain why appropriate legal measures should not be taken against National Bank and its board of directors over their alleged involvement in corruption and money laundering. 
11 January 2023, 18:00 PM

Fairs to promote, connect SMEs

The SME Foundation is going to organise six divisional-level fairs to showcase the products produced by small and medium enterprises (SMEs).
11 January 2023, 18:00 PM

FBCCI, Bengal Commercial Bank team up for easy loans to CSMEs

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) teamed up with Bengal Commercial Bank today to extend loan assistance to help cottage, small and medium entrepreneurs (CSMEs) run their businesses.
11 January 2023, 15:53 PM

Global expos on RMG machinery, allied products begin in Dhaka

Four international trade shows on garment machinery and allied products began at the International Convention City, Bashundhara in Dhaka today.
11 January 2023, 13:24 PM

DSE turnover crosses Tk 500 crore after a month

Stocks in Bangladesh continued rising for the second consecutive day today while the turnover crossed Tk 500 crore at the Dhaka Stock Exchange (DSE) after a break of a month.
11 January 2023, 12:08 PM

Welcome to America in 2023

Tamed inflation, descending gas prices, more job openings coming to the market every month, and the US dollar’s continued reign in the currency market all promise a prosperous 2023 for everyone in America - citizens, residents, students, or even visitors. If you are planning to come as a tourist, enrol here as a student or visit the US by any other means, try it now.
11 January 2023, 03:00 AM

Karnaphuli tunnel may again incur time and cost overruns

Constructing Bangabandhu Sheikh Mujibur Rahman Tunnel under the Karnaphuli river in Chattogram is set to turn costlier apparently for poor feasibility studies as the need for new components have arisen alongside adjustments to the rise in the price of the US dollar. 
11 January 2023, 03:00 AM

Interbank lending rate goes past 9% cap for liquidity crunch

Cash-strapped banks are borrowing from cash-rich lenders paying more than 9 per cent in interest rate, which is above a cap set by the central bank, as an unprecedented liquidity crunch has hit the banking sector of Bangladesh. 
11 January 2023, 02:00 AM

Rid Dhaka of vehicles over 15 years old: Barvida

Old vehicle importers yesterday urged Bangladesh Road Transport Authority (BRTA) to gradually phase out from Dhaka vehicles which were over 15 years old for a healthier capital. 
10 January 2023, 18:00 PM

Govt confiscated funds of Regent Airways to realise dues

The government has confiscated funds in a bank account of Regent Airways to collect dues, Finance Minister AHM Mustafa Kamal told parliament yesterday. 
10 January 2023, 18:00 PM