BTRC blocks call services of three IGW operators

The Bangladesh Telecommunication Regulatory Commission (BTRC) recently ordered the suspension of all voice call services provided by three International Gateway (IGW) operators for breaching rules.
21 December 2024, 18:00 PM

IMF sees brighter days for Bangladesh from FY26

The International Monetary Fund (IMF) yesterday said that the country's economic scenario may turn positive in fiscal year 2025-26 with the inflationary pressure easing and economic growth picking up.
19 December 2024, 18:09 PM

Farmers warned of rain on Dec 20-22

The Bangladesh Agro-Meteorological Information Service (BAMIS) has suggested farmers in Khulna, Barishal, Chattogram, Dhaka and Sylhet divisions to take measures to protect their in-field products as the areas could be hit by medium to heavy rainfall on December 20-22 this year.
16 December 2024, 18:00 PM

Made in Bangladesh foods tied to diasporas

Bangladesh has been exporting agro-processed foods for over three decades, but the sector has not grown much and still remains highly concentrated within a few countries where Bangladeshi diasporas are the primary buyers. 
16 December 2024, 18:00 PM

NBR removes all import taxes on sunflower, canola oil

The National Board of Revenue (NBR) yesterday removed all import taxes on sunflower and canola oils in a bid to encourage imports, boost the supply of edible oil and curb their soaring prices in the domestic market.
16 December 2024, 18:00 PM

Non-leather footwear on course to half-billion export club

Bangladesh’s synthetic and athletic footwear exports have been growing rapidly, emerging as a bright spot in the country’s export basket, which is heavily dominated by readymade garments.
16 December 2024, 18:00 PM

Inflation expected to decline soon: Yunus

Chief Adviser Prof Muhammad Yunus yesterday admitted that the interim government has not yet been able to control inflation but expressed his belief that it would come down soon.
16 December 2024, 18:00 PM

Election to boost business confidence: entrepreneurs

Business leaders, economists and professionals have emphasised that an elected government is essential for restoring confidence in the business community, stabilising law and order, and revitalising the business and investment climate.
16 December 2024, 18:00 PM

Flower farmers expect bonanza as peak season starts

Flower farmers expect a bonanza in December as the peak season for flowers has begun, which will continue until April next year.
14 December 2024, 18:00 PM

A depressing week for stock investors

Stock investors saw further declines in major indices as many listed companies presented lacklustre earnings disclosures for the first quarter of the current fiscal year of 2024-25.
14 December 2024, 18:00 PM

Is cooling red-hot inflation to 7% by June possible?

The central bank governor projects cooling the red-hot inflation, which has hovered above 9 percent since March last year, to 7 percent by June next year.
14 December 2024, 18:00 PM

Food distribution falls despite persistent inflation

Despite the fact that the population has been reeling from heightened inflationary pressures over the past two years, public food distribution under various social protection schemes fell by about 6 percent year-on-year in the first half of the current fiscal year.
14 December 2024, 18:00 PM

Jute millers struggling amid export slump

Jute millers are struggling as exports show no sign of recovery and demand in the domestic market remains lukewarm amid slack implementation of the mandatory jute packaging act.
14 December 2024, 18:00 PM

Corporate governance failure in Bangladesh

With the economic development of Bangladesh, the number of corporate bodies, especially led by the private sector, has increased significantly over the years.
14 December 2024, 18:00 PM

NBR conducts drive at resort of ex-DB chief’s relatives

The National Board of Revenue’s (NBR’s) Central Intelligence Cell (CIC) yesterday conducted a drive at “President Resort” in Kishoreganj, around 100km north of the capital.
9 December 2024, 21:10 PM

Gold price hiked again, will cost Tk 138,393 per bhori

In July last year, the price of gold crossed the Tk 100,000-mark for the first time.
9 December 2024, 14:23 PM

Building generational wealth through startups

For too long, Dhaka’s high-earning professionals, non-resident Bangladeshis, prominent businessmen, and corporate leaders have been watching the startup revolution from the sidelines.
7 December 2024, 18:00 PM

Businesses call to curb red tape, corruption to spur investment

Investment barriers at the National Board of Revenue (NBR) and the Office of the Registrar of Joint Stock Companies and Firms (RJSC) must be addressed immediately to bolster investor confidence and increase investment growth, according to experts and top business leaders.
7 December 2024, 18:00 PM

Economic census to begin this week

A fresh national economic census is set to begin this week after more than a decade, promising to provide an updated picture of economic activities in the country.
7 December 2024, 18:00 PM

Investment abroad hits $2b in 6 years

Bangladesh has long been hungry for foreign direct investments (FDI) but that has also been coupled with the outflow of funds through local companies seeking to generate business abroad.
7 December 2024, 18:00 PM