Non-banks asked to form complaint cells at headquarters, branches

The Bangladesh Bank today asked non-bank financial institutions to form ‘complaint cell’ at their head offices and branches to resolve the complaints of clients.
27 June 2022, 13:44 PM

Inflation might last for two years: World Bank chief

World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.
27 June 2022, 11:59 AM

Dhaka stocks close in positive territory 

Shares on the Dhaka Stock Exchange (DSE) ended in the positive territory today.
27 June 2022, 09:20 AM

Dhaka stocks return to black

Shares on the Dhaka Stock Exchange (DSE) opened higher today.
27 June 2022, 06:45 AM

Padma Bridge to strengthen Patuakhali’s fishing industry

Patuakhali, a southern district on the shores of the Bay of Bengal, annually produces about 1.23 lakh tonnes of fish, of which 36,000 tonnes are consumed locally while the remainder is sold in different parts of the country.
27 June 2022, 05:30 AM

Rethinking SMEs

The consequence of Covid-19 is not only limited to human health and well-being; the economy has been disrupted in a massive way.
27 June 2022, 05:00 AM

Legalising laundered money to cost even less

The government is likely to bring some changes in its budget proposals, including enabling one of its three offers at legalising laundered money to require even lesser tax payments.
27 June 2022, 04:00 AM

Govt guarantee for state enterprises’ loans on the rise

The government guarantee given to state enterprises against their loans edged up further this fiscal year as demand from agencies seeking support security to generate power, and provide food and fertilisers at subsidised prices has increased.
27 June 2022, 03:30 AM

Rice gets costlier despite massive duty cut

Rice prices have edged up in Bangladesh in the last couple of days despite the cut in customs tariffs on the import of the staple food to 25 per cent to increase supply and contain prices. 
27 June 2022, 02:30 AM

‘Bangladesh Bank should go for flexible rates for exchange, interest’

He came up with the remark while delivering speech at the “First MAM Kazemi Memorial Lecture on Monetary Policy” held in Bangladesh Institute of Bank Management.
26 June 2022, 19:02 PM

Bangladesh Bank updates environmental, social risk management guideline

The Bangladesh Bank yesterday published the updated version of its guideline on environmental and social risk management (ESRM) for banks and financial institutions to help the country attain development goals and address the sustainability agenda in the financial sector.
26 June 2022, 18:53 PM

Decision on LDC trade benefit extension may come next year

The next WTO Ministerial Conference (MC) in December 2023 might have a decision on the extension of trade benefits for least developed countries (LDCs) which are due to make the United Nations status graduation to a developing one.
26 June 2022, 18:00 PM

Britons, shaken by rising cost, cut back on shopping

British consumers cut back on shopping in May in the face of fast-rising inflation, and a measure of their confidence sank to a record low this month, according to data that underscored the scale of the cost-of-living squeeze.
26 June 2022, 18:00 PM

Stock index, turnover lowest in a month

All three indices of the Dhaka Stock Exchange slipped into the red yesterday as investors have taken a cautious stance amid persisting macroeconomic worries.  
26 June 2022, 18:00 PM

Dhaka stocks snap gaining streak

The prime index of the Dhaka Stock Exchange (DSE) broke the last two days' gaining streak today while the turnover plummeted below the Tk 600 crore-level.
26 June 2022, 12:42 PM

Millers cut edible oil prices by up to Tk 6

The Bangladesh Vegetable Oil Refiners’ and Vanaspati Manufacturers’ Association has set the highest retail price of each litre of loose oil at Tk 180, down from Tk 185.
26 June 2022, 12:09 PM

Strict laws, not higher benefits, for taxpayers

Strict laws, not higher benefits, for individual taxpayers
26 June 2022, 04:30 AM

Cattle farmers struggle to arrange feed amid floods

Sharif Hossain, a cattle farmer in Boro Koyra village under Sirajganj sadar upazila, was preparing 10 cows for sale during the upcoming Eid-ul-Azha but early floods this year have completely submerged nearby grazing lands, making it difficult for him to arrange feed amid a lack of funds.
26 June 2022, 04:00 AM

Salt prices shoot up

With just around two weeks left for Eid-ul-Azha, price of unrefined salt has shot up, at least in the wholesale hub of Narayanganj’s Nitaiganj, in what appears to be an attempt at cashing in on the upcoming seasonal rise in demand for preserving hides of sacrificial animals.
26 June 2022, 03:30 AM

Padma Bridge to reduce industry, tech gaps in south

Padma Bridge will not only increase connectivity in Bangladesh, but also revolutionise the industrial landscape in southern parts of the country by creating new business avenue of opportunities, according to various entrepreneurs.
26 June 2022, 03:00 AM