HC bars trade, town association groups from Ctg chamber’s polls
23 October 2025, 15:00 PM
Business
Akij Resource plans to launch digital bank
23 October 2025, 13:27 PM
Business
ILO ratification demands labour reforms in Bangladesh
23 October 2025, 12:59 PM
Business
Summit Power’s profit plunges 88% in FY25
23 October 2025, 10:18 AM
Business
Culture of impunity behind repeated industrial disasters: BILS
23 October 2025, 08:05 AM
Business
Govt moves to boost House Building Corporation’s lending capacity
22 October 2025, 18:42 PM
Business
Interbank dollar price crosses Tk 122 after 2.5 months
22 October 2025, 18:36 PM
Business
Auction full ‘golden spectrum’, lower prices
22 October 2025, 18:35 PM
Business
Foreign banks top profits, trail in social spending
22 October 2025, 18:24 PM
Business
Telcos, ISPs asked to boost fire safety measures
22 October 2025, 15:40 PM
Business
BB suspends Phoenix Finance MD over loan irregularities
Bangladesh Bank yesterday suspended Intekhab Alam, managing director of Phoenix Finance and Investments Ltd, over allegations of being involved in loan irregularities and activities that go against the interest of depositors.
28 December 2023, 23:59 PM
Conflict among lighter vessel owners deepens
Leaders of the Inland Vessel Owners Association of Chattogram (IVOAC) yesterday accused a section of leaders of the Bangladesh Cargo Vessel Owners Association (BCVOA) of orchestrating the obstruction of loading, unloading, and transport of goods from the former’s allocated vessels.
28 December 2023, 23:49 PM
Forex reserves rise to $21.45 billion
The boost to the reserves stems mainly from the purchase of US dollars from Islami Bank Bangladesh as well as the release of the installments of the loans from the IMF and the Asian Development Bank.
28 December 2023, 13:55 PM
Continue duty benefit to Bangladesh
Japanese garment retailers and brands want the continuation of duty-free market access to Bangladesh after the latter’s graduation from least developed country (LDC) status in 2026, Japanese Ambassador to Bangladesh Iwama Kiminori said yesterday.
28 December 2023, 01:22 AM
Forex holdings in banks increase
Banks are holding an increased amount of foreign exchange, bolstered by falling imports and higher export proceeds, said bankers.
28 December 2023, 01:00 AM
420MW solar power plants get govt nod
The government has approved proposals to set up four solar power plants to generate 420 megawatts (MW) of electricity for 20 years.
28 December 2023, 00:38 AM
NBR tightens rules for import of capital machinery
The National Board of Revenue (NBR) has tightened rules regarding import of capital machinery at a reduced rate in its bid to plug the loopholes which enable tax evasion.
28 December 2023, 00:14 AM
Crisis communication strategy: a must-have
Remember a Bangladeshi aircraft crash in Nepal and the Rana Plaza collapse? In both incidents, the authorities had to respond to the society communicating on their behalf. The aircraft company, as observed, seemed reactive, but the apparel exporters, seen in the media, were quite proactive.
28 December 2023, 00:00 AM
BB asks Islami Bank to explain why it buys dollars at higher rate
The Bangladesh Bank has asked Islami Bank Bangladesh to explain why it is buying US dollars from foreign exchange houses at a rate that is higher than the fixed price.
27 December 2023, 01:04 AM
Trade in rupee had a lofty aim. But data paints a different picture
Bangladesh and India on July 11 rolled out the cross-border trade settlement in the rupee to cut the dependence on the US dollar, but transaction figures illustrate a dearth of interest in carrying out businesses in the Indian currency.
27 December 2023, 00:30 AM
New RMG Wage: Some global retailers agree to pay more
Some international clothing retailers and brands have already agreed to pay more to their respective suppliers to absorb an increase in wages, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said yesterday.
27 December 2023, 00:04 AM
South Asian nations succeeded in taming inflation. Bangladesh, not so much
Most South Asian countries succeeded in reining inflation in 2023 in a major relief for their populations who struggled after prices spiralled owing to the shocks stemming from the lingering impacts of the coronavirus pandemic and the Russia-Ukraine war
27 December 2023, 00:00 AM
Three reforms needs for a balanced economy
Three important measures, including implementation of the financial act, and exchange rate and interest rate reforms, are needed to restore balance to the economy within one or two years although there may be growing pains, a noted economist said yesterday.
26 December 2023, 13:43 PM
IMF flags potential exodus of funds from Bangladesh
Bangladesh might have experienced capital flight in the last financial year evidenced from the unusual outflow of funds as well as unrealised export proceeds, said the International Monetary Fund (IMF).
26 December 2023, 00:52 AM
Pran-RFL to start producing essential goods by March
Pran-RFL Group, a leading food processor and conglomerate in Bangladesh, plans to produce flour, refined flour and semolina for consumers in their factories by March next year.
26 December 2023, 00:32 AM
Deposits drop in accounts of farmers, vulnerable
Deposits in the special accounts of farmers, hardcore poor and in their social safety net accounts dropped in October amidst high inflationary pressure in Bangladesh.
26 December 2023, 00:30 AM
Gold price to hit new record
Gold prices are set to hit a new record as Bajus decides to sell each bhori (11.664g) at Tk 1,11,041 lakh from tomorrow
23 December 2023, 15:38 PM
Tk 92,000cr embezzled through loan scams since 2008: CPD
More than Tk 92,000 crore have been siphoned out of the banking sector through 24 major loan scams since 2008, according to the Centre for Policy Dialogue (CPD).
23 December 2023, 06:05 AM
Hundi at play in dipping remittance inflow: Bangladesh Bank
The remittance experienced a sharp decline—13.5 percent year-on-year—when it hit $4.91 billion in the July-September quarter of 2024, down from $5.67 billion in the same period previous year, according to the quarterly data of the central bank.
21 December 2023, 09:23 AM
Bangladesh’s remittance expected to reach $23 billion in 2023: World Bank
The remittance is growing at 7 percent, said the Migration and Development Brief of the Global Knowledge Partnership on Migration and Development (KNOMAD), which is part of the Washington-based lender.
19 December 2023, 08:14 AM