BGMEA administrator’s tenure extended until Jun 16

The four-month extension comes into effect on February 17 this year
11 February 2025, 14:08 PM

Leasing state-run jute mills made easier for industrial diversification

The government has relaxed lease conditions for state-run jute mills to encourage private investment, which would address the financial losses of the factories, reduce the shortfall of raw jute, diversify industries, and create new employment opportunities..Around 40 lakh tonnes of jute ar
10 February 2025, 18:29 PM

Gold prices set to hit Tk 150,000 for the first time

From tomorrow, a bhori of 22-carat gold will cost Tk 149,812
10 February 2025, 14:38 PM

Contractionary stance will hamper private sector growth: Dhaka Chamber

A more flexible and balanced monetary policy should be there, the trade body says
10 February 2025, 12:43 PM

IPPS for deferring LDC graduation by 10-12 years

The Intellectual Property and Policy Studies (IPPS), a non-profit organisation, yesterday urged the government to defer the country's graduation from least developed country (LDC) status by at least 10 to 12 years..Bangladesh has yet to properly evaluate the post-LDC graduation impact on v
9 February 2025, 18:34 PM

Economy on expansion track for 4th straight month in Jan: PMI

The country’s economy remained on an expansion track for the fourth consecutive month in January this year, according to an unofficial estimate, as growing exports, seasonal consumption trends and a boost in the agro supply chain are being considered potential drivers of this growth. .In
9 February 2025, 18:00 PM

DCCI identifies problems of Old Dhaka businesses, wants quick solution

Traffic congestion, waterlogging is taking a massive toll, says the leading chamber
8 February 2025, 13:12 PM

Adopt renewable energy immediately for a better future: experts

The Policy Exchange Bangladesh organises policy dialogue on Bangladesh’s future
6 February 2025, 14:24 PM

Takaful Islami Insurance fined Tk 10 lakh

The Insurance Development and Regulatory Authority (IDRA) has fined Takaful Islami Insurance Limited Tk 10 lakh.
5 February 2025, 20:00 PM

Green Delta launches Bangladesh’s first insurance for pets

Initially, the policy will cover dogs and cats
5 February 2025, 12:19 PM

Beximco lays off another 8,000 workers

Embattled Beximco Limited has announced another round of layoffs citing a lack of work orders, a decision that affects nearly 8,000 workers across five manufacturing units in its industrial park in Gazipur.
4 February 2025, 21:29 PM

National Special Economic Zone to get a Tk 518 crore water treatment plant

The plant will treat 50 million litres of water daily
4 February 2025, 12:27 PM

BB files fraud case against Nagad

The central bank's payment system department filed the case with Motijheel Police Station
4 February 2025, 10:21 AM

Six insurers fined Tk 37 lakh for breaching rules

The Insurance Development and Regulatory Authority (Idra) has declared fines amounting to Tk 37 lakh on six insurance companies for breaching rules..Through these penalties, the watchdog of Bangladesh’s insurance industry aims to encourage better regulatory compliance and transparency amon
3 February 2025, 18:37 PM

Importers suspend fruit clearance at all ports for two days

Importers have announced a two-day suspension of fruit clearance from all ports, including Chattogram port, until Wednesday, demanding the withdrawal of increased value-added tax (VAT) and duties on fruit imports..Junaidul Haque, publicity secretary of Chattogram Fruit Traders Association,
3 February 2025, 15:13 PM

Lee’s Tobacco Machinery Company to invest $8.32 million in Bepza EZ

The UAE, Singapore-owned entity will manufacture machinery for tobacco processing
3 February 2025, 14:57 PM

FAO forecasts paddy output drop amid floods, cyclone

Bangladesh’s paddy production is estimated to have declined in 2024 from the previous year, largely due to output losses caused by recurrent floods and Cyclone Remal in late July..However, aggregate paddy production in 2024 is forecast at 6.02 crore tonnes, which is well above the four-yea
2 February 2025, 15:27 PM

Remittances grow 3% in January

Migrants sent home $2.18 billion in the first month of 2025
2 February 2025, 12:40 PM

Local gold price hits new record

Each bhori of 22-carat gold will be sold at Tk 145,123 from tomorrow
1 February 2025, 15:20 PM

Islamic banks see fluctuations in deposits

Islamic banking deposits hit Tk 432,937 crore in October, a 0.31% drop from September
1 February 2025, 14:12 PM