Default loans hit historic high of Tk 1,82,295 crore
6 June 2024
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Business
‘Some traders exploiting onion price differences of India, Bangladesh’
11 December 2023
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Business
Provati Insurance enters securities trading business
11 December 2023
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Business
Nine building blocks for a future-proof digital bank
11 December 2023
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Business
'Onion hoarders will be punished'
11 December 2023
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Business
1.7 tonnes of onion found in shop with ‘No onion’ sign
10 December 2023
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Business
Highest VAT depositor nine firms honoured
10 December 2023
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Business
Renata all set to enter Australian pharma market
10 December 2023
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Business
Single point mooring transports 60,000 tonnes diesel in 35 hours
9 December 2023
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Business
ASM Mohiuddin Monem again becomes Cumilla’s top taxpayer
9 December 2023
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Business
Local aviation operators’ platform gets new committee
A newly elected executive committee of the Aviation Operators Association of Bangladesh has recently taken over charge for 2021-2023.
27 March 2021
Volkswagen recalls Audi A3s in US over air bag concerns
Volkswagen has issued a recall for more than 150,000 Audi vehicles in the United States on concerns that their passenger air bags might not activate, according to a filing to the National Highway Traffic Safety Administration (NHTSA).
27 March 2021
Suez Canal steps up efforts to free stuck vessel, US watches energy market impact
Dredging and tugging aimed at freeing a mega vessel stuck in the Suez Canal failed on Friday to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes.
27 March 2021
UK, EU agree post-Brexit financial services regulation
Three months after Britain exited the EU, London on Friday reached a cooperation agreement on financial services with Brussels but despite this first step rivalries between the two sides remain.
27 March 2021
WB gives $250m for faster recovery from pandemic
The World Bank approved $250 million on March 26 to help Bangladesh effectively respond to the Covid-19 pandemic for a faster recovery and stronger resilience to future crises.
27 March 2021
An unprecedented crisis in shipping
Off late shipping costs have gone through the roof, making life miserable for the businesses. The freight rate for a 40-foot container to European base ports from Chattogram has reached to $5,000 level.
27 March 2021
SME Foundation to hand Tk 100cr to small businesses
The SME Foundation will disburse Tk 100 crore as a government incentive to small and medium entrepreneurs in the current fiscal year to help them recover from the damages caused by the pandemic.
27 March 2021
Stock investors on edge over Covid surge
Stock investors are in a state of panic due to the sharp increase in Covid-19 infections across the country, leading to a downward trend in the market for the past two weeks.
27 March 2021
So many potatoes, yet nowhere to store
Increased potato production has become a cause for concern for farmers, particularly in the northern region of Bangladesh, as growers are finding it hard to manage space at cold storages to preserve the tuber.
27 March 2021
1,320MW Payra plant awaits inauguration
A coal-fired Payra power plant of 1,320 megawatts (MW) in Dhankhali area under Kalapara upazila of Patuakhali district is awaiting inauguration.
27 March 2021
Stocks gain on upbeat economic data
Stock markets rose Friday after German, UK and US economic data provided a brighter outlook for major economies worldwide.
27 March 2021
Uncertainty may curb rising card spending
Spending through credit cards maintained an upward trend in Bangladesh in January, but bankers say the rising coronavirus infections and deepening uncertainty may discourage credit-based purchases.
27 March 2021
US spending and income declined in February as stimulus faded
US spending dropped more than expected and income plunged in February, Commerce Department data released on Friday said, an outcome economists blamed on the tapering-off of government stimulus checks and bad winter weather that kept shoppers at home.
27 March 2021
RMG orders slump
International buyers are following a ‘go-slow’ policy in placing orders with apparel suppliers in Bangladesh because of fresh lockdowns and stricter restrictions in key markets amid a rise in coronavirus infections and piling up of unsold goods amid depressed sales.
27 March 2021
Bank Asia celebrates golden jubilee of independence
Bank Asia celebrated the golden jubilee of Bangladesh’s independence through hoisting of the national flag at its Paltan corporate office in Dhaka, rendition of the national anthem and observance of one minute’s silence for Liberation War martyrs.
27 March 2021
Export dev fund being raised to $5.5b
Bangladesh Bank has decided to increase the size of its export development fund (EDF) as it reaches out to businesses tackling slowdowns from a recent resurgence in daily Covid-19 cases, the highest since last July.
27 March 2021
Pandemic pushes French govt debt to highest since 1949
French public debt soared last year to its highest levels since shortly after World War II due to the coronavirus pandemic and ensuing economic
27 March 2021
WB's $250m loan for faster recovery of Bangladesh from pandemic
The World Bank approved $250 million on March 26 to help Bangladesh effectively respond to the Covid-19 pandemic for a faster recovery and stronger resilience to future crises.
27 March 2021
German cabinet agrees record levels of new debt for 2021
The German government agreed Wednesday to take on record borrowing this year to weather the economic blow of the coronavirus pandemic.
25 March 2021
Yellen defends IMF reserve increase aimed at poor nations
US Treasury Secretary Janet Yellen on Wednesday defended the IMF’s move to boost its reserve offerings, calling the increased aid a “joint effort” to help the poorest nations hit by Covid-19.
25 March 2021