Reliance on indirect taxes raising poverty

The government's excessive reliance on indirect taxes such as value-added tax (VAT) is putting a higher burden on low-income individuals, leading to a rise in poverty and inequality, according to the findings of a study released yesterday.
2 March 2024, 18:00 PM

Offshore banking bill placed in parliament

The Offshore Banking Bill 2024 has placed in parliament today in a bid to enhance foreign exchange reserves and attract foreign investment.
2 March 2024, 16:10 PM

BGMEA for removal of non-tariff barriers to Indo-Bangla trade

BGMEA president meets Bangladeshi high commissioner to India
29 February 2024, 15:46 PM

Banks’ offshore operations to receive a boost

Offshore banking units have been relieved from maintaining cash reserve ratio
29 February 2024, 15:11 PM

LafargeHolcim Bangladesh's sales, profit grow

The company's sales grew 20%, profits 34% in 2023
29 February 2024, 14:31 PM

Md Wahiduzzaman, new REHAB president

Liaquat Ali Bhuiyan is REHAB’s new senior vice president
29 February 2024, 13:09 PM

BB cuts lending rate margin by 25 basis points

Banks can now impose a 3.5% margin with SMART for lending
29 February 2024, 12:44 PM

New sanctions threaten Russian oil sales to India

Fresh US sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter said.
28 February 2024, 14:05 PM

Bangladesh Bank gets two new deputy governors

Khurshid Alam and Habibur Rahman have been appointed on contractual basis for three years
28 February 2024, 13:44 PM

Insurance claim settlement up 4% in 2023: IDRA

National Insurance Day on March 1
28 February 2024, 13:31 PM

What most Bangladeshis consider a safe investment?

North South University conducted a survey with the support of MetLife Bangladesh
28 February 2024, 11:50 AM

NRB Bank shares jump 10pc on market debut

Shares of NRB Bank surged 10 percent on their market debut in the two stock exchanges of Bangladesh yesterday.
27 February 2024, 18:00 PM
27 February 2024, 15:13 PM

Grameen America grants $4 billion loans for women entrepreneurs in 27 US cities

It will be on course to invest $5 billion within 2030
27 February 2024, 11:21 AM

Forum introduces panel members for next BGMEA polls

Thirty-five members from the Forum panel will participate in the biennial election
27 February 2024, 04:07 AM

Inconsistent policies, rules barriers to export diversification

Inconsistent policies and regulations create uncertainty for exporters and make it difficult for them to plan and invest for the long term, standing in the way of export diversification for Bangladesh, according to experts.
26 February 2024, 18:00 PM

US businesses urged to invest more in Bangladesh

World Bank Alternate Executive Director Ahmad Kaykaus says at a seminar in Texas
26 February 2024, 12:10 PM

MetLife Bangladesh settled Tk 2,981 crore insurance claims in 2023

In six years to 2023, MetLife Bangladesh cumulatively settled claims of over Tk 10,500 crore
26 February 2024, 11:18 AM

Currency swap to help banks facilitate imports

Small and medium enterprises (SMEs), as well as the rest of the economy, will benefit from banks’ increased capacity to support imports thanks to the newly launched currency swap, said Ashraf Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI).
25 February 2024, 01:30 AM

Poverty, inequality, food insecurity rise in urban areas: Sanem

Sanem carried out a survey among 9,000 households countrywide in Oct-Nov of 2023
24 February 2024, 15:16 PM