Dhaka Motor Show begins in Purbachal

175 companies from 17 countries are taking part in the show
23 May 2024, 14:11 PM

Bangladesh can ship $1 billion woollen sweaters by 2030: exporters

Two Uruguayan wool exporters are currently visiting Bangladesh
23 May 2024, 12:50 PM

Forex reserves rise by $180 million in a week

Reserves hit $18.61 billion on May 21, up from $18.43 billion on May 15
23 May 2024, 12:24 PM

BSEC honours 8 stock market intermediaries

They were awarded with the Independence Golden Jubilee Award 2023
23 May 2024, 10:38 AM

Shipping cost keeps upward trend as Red Sea Crisis lingers

Shafiur Rahman, regional operations manager of G-Star in Bangladesh, needs to send 6,146 pieces of denim trousers weighing 4,404 kilogrammes from a Gazipur-based garment factory to Amsterdam of the Netherlands.
22 May 2024, 15:57 PM

Visa's digital payments rise 25% during Ramadan 2024

70% of the digital payments came through ecommerce
22 May 2024, 11:57 AM

Productivity and salaries boosted in sectors exposed to AI: study

Sectors exposed to artificial intelligence (AI) are seeing rising productivity and faster growth in salaries, a PwC study published on Tuesday said, even as the technology provokes job insecurity concerns.
22 May 2024, 10:10 AM

Laptops may be cheaper in FY2025

The government is planning to reduce duties on imported laptops next fiscal year in order to make the devices more affordable and bring relief to freelancers and students.
22 May 2024, 01:00 AM

Industrial output growth lowest since pandemic. Here's why

Bangladesh's factory output grew 6.66 percent in the current fiscal year, the slowest pace of expansion since the Covid-19 pandemic hit the country, as the stubbornly high inflation hurt domestic demand and the shipment of export-oriented goods slowed.
22 May 2024, 00:00 AM

21 life insurers failing to comply with securities investment rule

Twenty-one life insurance companies in Bangladesh have failed to comply with the rule that makes it mandatory for them to invest 30 percent of their assets in government securities, the regulator has found.
21 May 2024, 19:20 PM

BB asks banks, NBFIs to inform of wilful defaulters

Bangladesh Bank yesterday asked banks and non-bank financial institutions (NBFIs) to inform Credit Information Bureau (CIB) of wilful defaulters the moment they are identified.
21 May 2024, 18:00 PM

Forex with banks on the decline

Foreign currencies held by commercial banks in Bangladesh are on the decline due to high demand, indicating growing pressure on the country’s external sector.
21 May 2024, 16:40 PM

Tk 258 crore street lighting project okayed

Ecnec approved the project titled “Modernisation of City Street Light System under Chattogram City Corporation”
21 May 2024, 14:38 PM

‘Tax exemption on IT sector to continue’

PM’s Adviser Salman F Rahman says at BASIS event
21 May 2024, 14:08 PM

Administrator appointed for Swadesh Islami Life Insurance

Sk Md Rezaul Islam, former additional secretary, will be the new administrator with immediate effect
21 May 2024, 11:47 AM

USTDA, CdNet team up for Bangladesh International Submarine Cable (Bagha-1)

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).
21 May 2024, 09:16 AM

Power Grid Company to issue 250cr preference shares

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
21 May 2024, 04:16 AM

AI starts to replace entry-level IT jobs in Bangladesh

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.
21 May 2024, 01:00 AM

How GP makes more money than Robi

The profit margin of Grameenphone Ltd was around seven times more than that of Robi Axiata Ltd in 2023.
21 May 2024, 00:30 AM

NBR plans self-assessment of tax liabilities for all firms

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.
20 May 2024, 18:30 PM