Remittance inflow started returning to pre-Covid state: PM

Prime Minister Sheikh Hasina today told the parliament that the remittance inflow to the country has started to return to the normal trend as it was in pre-Covid times.
15 June 2022, 13:19 PM

Stocks return to black

Shares on the Dhaka Stock Exchange snapped a four-day decline today.
15 June 2022, 10:48 AM

Stocks break four days' losing streak

The stock market in Bangladesh returned to the black today after falling for four consecutive days.
15 June 2022, 07:16 AM

Unlocking the power of digital transformation

Our everyday relationship with financial services – their scope, their function, and how we use them – is constantly shifting in profound ways.
15 June 2022, 06:00 AM

Coffee, cashew cultivation expands under DAE project

Coffee and cashew cultivation are rapidly expanding in Bangladesh thanks to a government initiative that aims to meet the growing domestic demand for these two crops.
15 June 2022, 05:30 AM

Sunsilk brings new range of shampoos

Unilever Bangladesh’s haircare brand Sunsilk recently introduced a new range of shampoos with an active mix of natural ingredients as it looks to expand its dominance in the country’s Tk 1,000 crore shampoo market.
15 June 2022, 05:00 AM

Savers brace for hassles

Until the current fiscal year, a bank account-holder requires paying a 10 per cent withholding tax on the interest earnings on deposits if the individual furnishes banks with the taxpayer identification number (TIN).
15 June 2022, 04:30 AM

Govt to miss ADP target again

The pace of implementation of development schemes of the government hit a three-year high in May of the outgoing fiscal year with Jatiya Sangsad secretariat topping the list while the Finance Division sits at the bottom.
15 June 2022, 04:00 AM

Govt can save up to Tk 5,500cr with austerity measures: Finance Ministry

The government can expect to save up to Tk 5,500 crore for the austerity measures taken so far to preserve the foreign exchange reserves and tame inflation, according to the finance ministry.
14 June 2022, 18:40 PM

Stocks extend losses

Most shares on the stock markets in Bangladesh ended in the red yesterday, continuing the downward trend for the last several days, largely for lower-than-expected budgetary measures favourable to investors and the gloomy market sentiment.
14 June 2022, 18:00 PM

‘Uttoron to create skilled welders in Khulna Shipyard’

Bangladesh’s productivity has increased but the country is still struggling for a lack of skilled labour force, said Dulal Krishna Saha, executive chairman of National Skills Development Authority. 
14 June 2022, 18:00 PM

ADB gives $250m to boost social protection

The government yesterday signed an agreement with the Asian Development Bank (ADB) for a $250 million policy-based loan to further improve the social protection system in Bangladesh for supporting the vulnerable population against socioeconomic challenges.
14 June 2022, 18:00 PM

ADB gives $250 million to boost social protection in Bangladesh

The government today signed an agreement with the Asian Development Bank (ADB) for a $250 million policy-based loan to further improve the social protection system in Bangladesh for supporting the vulnerable population against socioeconomic challenges.
14 June 2022, 11:18 AM

Stocks fall for fourth day

The stock market in Bangladesh ended in the red today as well, extending the losses it incurred in the last several days. 
14 June 2022, 09:30 AM

Stocks can’t stop falling

The stock market in Bangladesh opened lower today as well, extending the losses it incurred in the last several days.
14 June 2022, 08:14 AM

DSE welcomes budget amidst negative investor reactions

The Dhaka Stock Exchange (DSE), the premier bourse in Bangladesh, has welcomed the proposed budget for the fiscal year of 2022-23 even though general investors have reacted negatively, sending the key index lower in the last two trading sessions.
14 June 2022, 06:00 AM

VAT hike to increase production cost for steel makers

The production cost of steel makers in Bangladesh is going to increase as the revenue authority seeks to hike the value-added tax on rod and other steel products by up to 20 per cent, two leading producers said yesterday.
14 June 2022, 05:30 AM

No food grain export ban, extend TRIPS waiver

Bangladesh has once again called upon nations not to put any restrictions on their food grain exports and sought the continuation of its TRIPS waiver until December 31, 2032, to save the lives of people and newborns.
14 June 2022, 05:00 AM

Hydrogen peroxide: Two major exporters stop production

Two companies, which handle a major portion of Bangladesh’s hydrogen peroxide exports, have been forced to stop production as most shipping lines are declining to carry the chemical following a deadly fire at an inland container depot (ICD) last week.
14 June 2022, 04:30 AM

Profits of state enterprises fall to 9-year low

The profits of state-owned enterprises in Bangladesh fell to their lowest in nine years, owing to higher commodity prices in the global market and selling of essentials among the poor and low-income groups at subsidised rates.
14 June 2022, 04:00 AM