Bangladesh receives $900 million in World Bank loans for two projects

These new financing operations will help Bangladesh in financial sector and urban management, says Abdoulaye Seck, World Bank country director for Bangladesh and Bhutan
22 June 2024, 06:50 AM

Deposits of Bangladeshi banks, nationals in Swiss banks hit lowest level ever

It declined 68% year-on-year to 17.71 million Swiss francs in 2023
20 June 2024, 18:21 PM

Mobile internet subscriber numbers witness big jump in April

The mobile internet subscriber base in Bangladesh witnessed a massive growth in April, increasing by 39 lakh, marking the biggest jump in recent years.
20 June 2024, 18:00 PM

Where are the analysts who predicted Bangladesh would go bankrupt? asks finance minister

The minister attends a post-budget seminar of Bangladesh Agricultural Economists Association
20 June 2024, 12:28 PM

Forex reserves rise by $300 million in a week

Reserves hit $19.53 billion on June 19, up from $19.21 billion on June 12
20 June 2024, 11:15 AM

Dhaka stocks rise for fourth consecutive day

The benchmark index, DSEX, increased 1.6% from the previous day
20 June 2024, 10:30 AM

Oil hits seven-week high on demand hopes, war jitters

Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating conflicts offset an industry report that said US crude inventories unexpectedly rose.
19 June 2024, 13:50 PM

Stocks close higher after Eid vacation

The prime index gained for the third consecutive day
19 June 2024, 13:20 PM

EPIC Group secures $100 million in IFC loans for expansion

$70 million will be sustainability-linked loan and a $30 million green loan
19 June 2024, 07:45 AM

Private ICDs overwhelmed with export containers

Until June 15, some 15,553 TEUs of export containers were lying at the 21 ICDs, much higher from 8,000 on any regular day
15 June 2024, 14:22 PM

Trade via Akhaura land port to remain suspended for 4 days from June 16

Export, import through Akhaura will resume on June 20
12 June 2024, 11:03 AM

Implement SMP regulations to enhance competition in telecom industry

Monopolistic accumulation of market power, especially in terms of price-setting capability, may cause an increase in price and deterioration of quality of service as well as hamper innovation and competition
12 June 2024, 09:05 AM

Raise policy rate to 10% to curb inflation: Ahsan H Mansur

Monetary policy stance should be tight, the economist said in an MCCI-PRI organised post-budget discussion
12 June 2024, 08:02 AM

Bangladesh economy to grow 5.7% in FY25: WB

The World Bank's prediction is much lower than govt projection of 6.75%
11 June 2024, 15:00 PM

Universal pension scheme now has 3,03,176 registrations

Of the total deposits of Tk 86.68 crore, Tk 62 crore has been invested at treasury bonds
10 June 2024, 13:25 PM

Budget ambitious, but achievable: Ficci

But extra duty and tax on telecom, carbonated beverages, water purifiers to hurt potential FDI, it said.
10 June 2024, 12:23 PM

New office hour for bankers after Eid

Office hour 10am to 6pm, transaction hour 10am to 4pm
9 June 2024, 15:13 PM

Walton launches self-made ‘AI Doctor’ feature for smart fridges

Walton today launched an artificial intelligence (AI) based “AI Doctor”, invented by the team at the Walton Research and Innovation (R&I) Centre.
9 June 2024, 14:40 PM

Amnesty for black money: what are the proposed tax measures?

By re-launching the initiative, the government seeks to increase the flow of money into the economy, although such measures failed to yield any fruitful benefit in the past.
9 June 2024, 13:35 PM

Nothing mentioned in budget to stop gold smuggling: Bajus

The baggage rule should be amended to stop gold smuggling, the association said in budget reaction
9 June 2024, 12:36 PM