Austerity measures: Fire service reduces patrol duty from 92 to 24 spots

The Department of Fire Service and Civil Defence has reduced its patrol duty to 24 important spots from 92 as part of austerity measures and to save 20 percent of their allocated fuel.
27 July 2022, 14:48 PM

Requesting IMF loan doesn’t mean anything is wrong with economy: Finance Minister

Confirming Bangladesh’s request for a loan from International Monetary Fund (IMF) Finance Minister AHM Mustafa Kamal has said that it does not mean the country's economy is in bad shape.
27 July 2022, 12:04 PM

Heat, red spider mites threaten tea yields

Tea farmers in Moulvibazar might not get the expected yield this year as they are struggling to irrigate their plantations in the face of inadequate rainfall, which has also given rise to a red spider mite infestation that is eating away at the crops.
27 July 2022, 03:30 AM

SME Foundation to lend Tk 400cr to small businesses

SME Foundation will provide another Tk 400 crore in loans to entrepreneurs of small and medium enterprises (SMEs), especially women, to overcome pandemic losses, accelerate economic recovery and improve the quality of life in rural communities.  
27 July 2022, 03:15 AM

CEPA with India should be partially reciprocal

The proposed comprehensive economic Partnership agreement (CEPA) with India should be partially reciprocal, not fully, as India has a big economy and a huge basket of diversified products for export, said economists and businesses.
27 July 2022, 03:00 AM

Despite huge hype, Biman’s first Toronto flight half empty

In spite of massive preparations undergoing for long, Biman Bangladesh Airlines’ much-awaited maiden commercial flight on the Dhaka-Toronto route will run today with around 138 seats empty.
27 July 2022, 02:45 AM

Scams crippling banking sector

A little-known firm named SB Exim allegedly swindled Tk 200 crore from Bangladesh Commerce Bank Ltd (BCBL) using forged documents in the name of exporting terracotta tiles in 2018. 
27 July 2022, 02:15 AM

Stocks up for regulatory move

The stock markets in Bangladesh rose for the second consecutive day yesterday largely because of the regulator’s move aimed at increasing the participation of institutional investors amid persisting uncertainty.  
26 July 2022, 18:00 PM

Banks asked to encash term deposits

The Bangladesh Bank yesterday asked banks to encash the term deposits of exporters’ retention quota (ERQ) balances.
26 July 2022, 18:00 PM

Robi, Banglalink see customer growth in June

Mobile network providers Robi Axiata and Banglalink gained clients in June while Grameenphone, the industry’s top operator, saw a slight drop in its customer base.
26 July 2022, 03:00 AM

Avocados: Now growing in Jhenaidah

Md Harun-ur-Rashid Musa, a resident of Kotchandpur upazila in Jhenaidah, cultivated avocados on six bighas of land in an effort to do something new with this love for farming.
26 July 2022, 02:45 AM

Govt formally seeks $4.5b from IMF

Finance Minister AHM Mustafa Kamal has sent in a formal request to the IMF for a $4.5 billion loan, putting to bed the speculations on whether the country would be seeking the support from the Washington-based multilateral lender at all.
26 July 2022, 02:30 AM

Ministries agree to sign CEPA with India

Senior officials of ministries concerned yesterday reached consensus on signing a much-needed Comprehensive Economic Partnership Agreement (CEPA)
26 July 2022, 02:15 AM

Taka slide brings a little cheer for major exporters

A falling local currency usually translates into higher earnings for exporters since their products become more competitive in the global markets. 
26 July 2022, 02:00 AM

Kamal seeks budgetary support from Jica

Finance Minister AHM Mustafa Kamal yesterday sought budgetary support from Japan International Cooperation Agency (Jica). 
25 July 2022, 18:00 PM

Biman to open flights to China

The Civil Aviation Authority of China has given the nod to Biman Bangladesh Airlines to launch flights on the Dhaka-Kunming and Dhaka-Guangzhou routes. 
25 July 2022, 18:00 PM

US$ 1.64bn remittance received in 21 days of July: Bangladesh Bank

Bangladesh received US$ 1.64 billion inward remittance till July 21, due to  Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of the biggest festival of Muslims, according to data from Bangladesh Bank.
25 July 2022, 14:57 PM

IT exports shoot up 52% in July-April

Information technology (IT) exports from Bangladesh are snowballing as global clients have swamped local IT companies with orders for various software, data processing and other digital service solutions.
25 July 2022, 03:30 AM

Project to build fire service stations in slow lane

On July 9 last year, a massive fire raged through a juice-making factory in Narayanganj, killing at least 52 people. And the whole nation witnessed how firefighters struggled to bring the blaze under control.  
25 July 2022, 02:45 AM

Mills shut yet BJMC incurring losses

Bangladesh Jute Mills Corporation (BJMC) has been continuing to incur losses, although more than two years have passed since the government closed down 25 state-run jute mills.
25 July 2022, 02:15 AM