Sk Md Rezaul Islam, former additional secretary, will be the new administrator with immediate effect

The US Trade and Development Agency (USTDA) has awarded a feasibility study grant to Bangladeshi telecom company CdNet Communications Ltd (CdNet) to expand reliable internet connectivity across Bangladesh through the development of the Bangladesh International Submarine Cable (Bagha-1).

The Power Grid Company Ltd on Sunday got the go-ahead from the Bangladesh Securities and Exchange Commission (BSEC) to issue preference shares against its share money deposit

It was a pretty good project for SkyTech Solutions for the last few years: generating earnings of $8.5 per hour for each of over 50 people.

The profit margin of Grameenphone Ltd was around seven times more than that of Robi Axiata Ltd in 2023.

The National Board of Revenue (NBR) is likely to introduce self-assessment for companies from 2024-25 to allow them to determine their own tax liabilities and cut reliance on taxmen.

Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year

Shares on the Dhaka Stock Exchange (DSE) fell for the sixth consecutive day yesterday thanks mainly to the price erosion of several large-cap scrips.

In its effort to arrest the fall in forex reserves and bring unrealised export proceeds into the country, the Bangladesh Bank today allowed bankers to offer the existing US dollar exchange rate to exporters.

26 managing directors are going on invitation to attend Annual US-Bangladesh Bilateral Banking Dialogue

Large-cap shares continue to see price erosions

The government’s target of earning $110 billion from exports by the fiscal year of 2026-27 would be difficult to attain because of the persisting challenges in the global and local economies, economists and businesspeople said.

Bangladesh can raise an additional $32.6 billion in revenues annually within the next four years if the electronic filing of tax returns can be ensured, said the Centre for Policy Dialogue (CPD) yesterday.

Stocks in Bangladesh dropped for a fifth consecutive day yesterday for a selling spree of some large investors, sending the major index of the Dhaka Stock Exchange (DSE) to a three-year low.

EU ambassador meets BGMEA president in Dhaka

The DSEX ended today at 5,431.28 points

The revenue grew thanks to a significant expansion in subscriber base

Prime Minister Sheikh Hasina on Sunday inaugurated the weeklong 11th National SME Product Fair to showcase products made by local small and medium enterprises.

The government is currently faced with a lack of funds, evidenced by a reduction in allocations it provided from the exchequer for the upcoming Annual Development Programme (ADP), said Fahmida Khatun, executive director of the Centre for Policy Dialogue.

The number of internet subscribers in Bangladesh spiked by a massive 43.5 lakh in March, the biggest jump in recent years, with mobile data users making up a bulk of the new customers.