Minimum wage not enough to bear food cost

High inflation is directly threatening the food security of workers of at least 14 industrial sectors earning a minimum wage, said the Centre for Policy Dialogue (CPD) yesterday.
17 December 2022, 18:00 PM

ICSB honours 37 firms for better corporate governance

The Institute of Chartered Secretaries of Bangladesh (ICSB) has awarded 37 companies for their outstanding corporate governance practices as well as transparency and accountability in overall management.
17 December 2022, 18:00 PM

Elon Musk’s team seeks new fund for Twitter

Elon Musk’s team has reached out to investors to raise new funds for his struggling social media platform Twitter, one of the investors said.
17 December 2022, 18:00 PM

Premier Bank, bKash sign deal on fund transfer

Mobile financial service provider bKash and Premier Bank recently signed an agreement on integrated transaction service to facilitate two-way fund transfer for the customers without any cost.
17 December 2022, 18:00 PM

Best digital campaigns awarded

A total of 124 digital media campaigns were yesterday recognised at the 6th Digital Marketing Award for being the best marketing and brand communication programmes in the past year.
17 December 2022, 18:00 PM

Germany opens first LNG terminal

Germany on Saturday inaugurated its first liquefied natural gas (LNG) terminal, built in record time, as the country scrambles to adapt to life without Russian energy.
17 December 2022, 18:00 PM

Bangladesh Brand Forum awards best digital campaigns

A total of 124 digital media campaigns were recognised at the sixth Digital Marketing Award today for being the best marketing and brand communication programmes in the past year.
17 December 2022, 15:33 PM

Net forex reserves can clear four months’ import bill: CPD

Bangladesh now has the ability to clear import payments of four months if the country’s net forex reserves are taken into consideration, the Centre for Policy Dialogue (CPD) said today.
17 December 2022, 13:56 PM

Non-performing loans triple in 10 years: CPD report

The total volume of non-performing loans (NPLs) has increased by more than three times in the last 10 years since 2012, according to a report of the Centre for Policy Dialogue (CPD) revealed today.
17 December 2022, 08:44 AM

Fed may push rates higher, keep them there longer

Federal Reserve policymakers may need to lift US borrowing costs above the peak 5.1 per cent they penciled in just this week, and keep them there perhaps into 2024 to squeeze high inflation out of the economy, three of them signaled on Friday.
17 December 2022, 06:47 AM

‘Help flourish tourism sector’

Prime Minister Sheikh Hasina has urged private entrepreneurs to come forward to develop the country’s tourism sector and help achieve inclusive economic growth.
16 December 2022, 18:00 PM

Bangabandhu Hi-Tech City: PPP model binned for one segment

The government has retreated from its decision to develop a portion of Bangabandhu Hi-Tech City in Gazipur’s Kaliakoir on a public-private partnership (PPP) model due to lukewarm response from developers. 
16 December 2022, 03:30 AM

MFS transactions rebound in Oct

Transactions through mobile financial services (MFS) rebounded in October following a few months of decline thanks to a rise in government disbursements, cash-out and utility bill payments.
16 December 2022, 03:00 AM

Cut expenditure in revised budget

The finance division has strictly asked ministries and divisions not to demand any additional money beyond the amount allocated this year.
16 December 2022, 02:30 AM

Small loan defaulters repay more than large ones

The recovery of loans from small defaulters is higher than those owing large loans, according to the findings of a probe by a parliamentary standing committee.
16 December 2022, 02:00 AM

IMF loan is like a character certificate: PM’s advisor Mashiur

Mashiur Rahman, economic affairs adviser to Prime Minister Sheikh Hasina, has said that the IMF loan was like a character certificate.
15 December 2022, 18:51 PM

Dhaka, Ctg hold over 80% bank deposits

Dhaka and Chattogram divisions account for more than 80 per cent of the total deposits in the banking system thanks to a large flow of savings from state-run enterprises and higher economic activity.
15 December 2022, 18:00 PM

Maldives remittance can be sent to bKash accounts

The Commercial Bank of Ceylon PLC, Commercial Bank of Maldives and bKash signed an agreement to launch a “Bangla eRemit” platform at the former’s head office on Sunday. 
15 December 2022, 18:00 PM

Stocks end week on positive note

The Dhaka Stock Exchange (DSE) closed the week on a slightly positive note amid choppy trading as some investors showed interest in stocks with lucrative prices during the first three sessions.
15 December 2022, 18:00 PM

SBAC Bank appoints DMD

South Bangla Agriculture & Commerce (SBAC) Bank has recently appointed a deputy managing director.  
15 December 2022, 18:00 PM