NRB Bank inks deal with BB on entrepreneurship
1 hour(s) ago
Economy
BTMA backtracks on shutdown move
1 hour(s) ago
Economy
Fed holds interest rates steady, defying Trump pressure
1 hour(s) ago
Economy
Samsung logs best-ever profit on AI chip demand
1 hour(s) ago
Economy
EU-India trade deal: What does it mean for Bangladesh?
1 hour(s) ago
Economy
Impose tax on gifts, bequests: taskforce
1 hour(s) ago
Economy
Startups, venture capital can hold shares in microfinance banks
1 hour(s) ago
Economy
Sammilito Islami Bank depositors to get profit from Feb 1
1 hour(s) ago
Economy
NBR extends tax return deadline to February 28
1 hour(s) ago
Economy
Govt to split CAAB
1 hour(s) ago
Economy
What is a crawling peg?
Its a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.
14 January 2024, 00:15 AM
'Gas, dollar crises halt business expansion'
Demand for credit has not increased as businesses have had to suspend their investment and expansion drives for the natural gas and dollar crises.
14 January 2024, 00:00 AM
Motorcycle sales dropped to five-year low in 2023
Global economic crises and inflation pressures are among reasons behind the decline of Motorcycle sales in Bangladesh
13 January 2024, 15:18 PM
NBR lifts advance tax on import of computer accessories
The National Board of Revenue (NBR) has lifted Advance Tax (AT) on import of parts and accessories for computers to be made locally, according to a notification.
13 January 2024, 14:58 PM
Import payments ease for eight essentials
The central bank has allowed imports of edible oil, chickpeas, pulse, peas, onion, spices, sugar, and dates on usance terms for up to 90 days under supplier’s or buyer’s credits.
12 January 2024, 01:17 AM
No time to waste as new finance minister inherits wobbly economy
The economy is losing momentum. Inflation remains stubborn. Bangladesh is facing deterioration in external buffers, with official reserves falling to $20.18 billion as of January 10, less than half their historic peak in 2021. The currency shock is lingering.
12 January 2024, 00:30 AM
Garment sector weathered global headwinds
Bangladesh’s garment sector has firmly weathered the storm of Covid-19 and emerged stronger in spite of the hardships, reaffirming its position as a leader in sustainable and responsible business.
12 January 2024, 00:17 AM
US comment won't affect Bangladesh’s external financing
External financing will not be affected for Bangladesh in spite of the US stating that the national election here was not free and fair, said global credit rating agency Fitch.
11 January 2024, 23:17 PM
Biman pays off loans for two more planes
In a major show of success, Biman Bangladesh Airlines has finally become the owner of two Boeing 777-300ER aircraft, having paid off the loan in regular instalments since 2011.
11 January 2024, 23:17 PM
Ahsanul new state minister for commerce
The newly formed government has appointed Ahsanul Islam Titu, elected from Tangail-6 (Nagarpur-Delduar) constituency in the recent 12th parliamentary election, as the state minister for commerce, according to a government gazette yesterday.
11 January 2024, 22:17 PM
RMG exports to US continue to decline
Apparel shipments from Bangladesh to the United States have continued its downward trend for the past several months due to slowdown in the sourcing of garment items by American retailers and brands because of higher inflationary pressure.
11 January 2024, 01:00 AM
Bangladesh to post sixth highest GDP growth in Asia in FY24
Bangladesh is poised to become one of the fastest growing economies in Asia, according to a WB report
11 January 2024, 00:45 AM
Making the economy breathe easier
The Bangladesh economy has entered 2024 with acute cost-of-living pressures, external payment imbalances, shortage of dollar liquidity, elevated illicit capital outflows, and vulnerable balance sheets in several, not all, bank and non-bank financial institutions.
11 January 2024, 00:15 AM
Olympic's annual biscuit sales cross Tk 2,500cr for the first time
Rising sales for packaged bakery and confectionary items helped Olympic Industries to cross Tk 2,500 crore in sale
11 January 2024, 00:00 AM
Reserves fall after $1.27b ACU payment
Bangladesh's foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through Asian Clearing Union (ACU), a top official said yesterday.
10 January 2024, 01:15 AM
Inflation stays stubborn despite rate hikes. Can it be tamed?
Even rate hikes cant tame a raging inflation, so what is the solution ?
10 January 2024, 01:13 AM
Doorstep fuel delivery plan is fraught with risk
Even though the government has approved a guideline, experts point out concerns in carrying flammable items in such manner
10 January 2024, 00:40 AM
GP backs out of Tk 30 minimum recharge
Amidst widespread customer dissatisfaction alongside regulator’s intervention, Grameenphone yesterday backtracked from its recent decision to substantially increase the minimum recharge amount to Tk 30.
10 January 2024, 00:30 AM
IDRA removes two-thirds of Swadesh Insurance directors over fund scam
IDRA has relieved 12 of the 18 directors of Swadesh Islami Life Insurance Company over allegations of embezzling fixed deposit among others
10 January 2024, 00:13 AM
FBCCI congratulates PM, Awami League
Leaders of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), led by its President Mahbubul Alam, congratulated Bangladesh Prime Minister and Awami League President Sheikh Hasina for winning in the 12th National Election at Ganabhaban, Dhaka.
9 January 2024, 14:10 PM