Move towards market-based exchange rate by FY23-end: Bangladesh Bank

The central bank today said it is taking necessary measures to gradually move towards a market-based, flexible and unified exchange rate regime by the end of the ongoing fiscal year.
15 January 2023, 10:22 AM

JCI Dhaka South forms new board for 2023

JCI Dhaka South, an extension of JCI Bangladesh and Junior Chamber International, forms its new board for 2023 at its general assembly held at Gulshan Club in Dhaka on January 11.
14 January 2023, 10:01 AM

‘Electricity tariff hike a challenge for private sector’

The recent retail electricity tariff hike will ultimately create an additional economic burden on the smooth operations of the private sector and power intensive industries, Dhaka Chamber of Commerce and Industry (DCCI) President Barrister Md Sameer Sattar said.
14 January 2023, 09:38 AM

Where did most Bangladeshi migrant workers go in 2022?

Over 11.35 lakh Bangladeshis migrated to foreign nations in 2022, the highest ever in the history of the south Asian country.
13 January 2023, 09:00 AM

Brac Bank to get $100 million from Jica, Citi to finance green projects

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.
12 January 2023, 14:59 PM

What are the new conditions for purchase of savings certificates?

What are the new conditions for purchase of savings certificates? How will the new rules affect the lives of the general mass? In today’s Straight from Star Newsroom, Ahsan Habib discusses the issue with The Daily Star Reporter Rejaul Karim Byron.
12 January 2023, 14:36 PM

Sri Lanka given 6 more months to repay Bangladesh’s $200m loan

Bangladesh Bank today granted Sri Lanka six more months to repay the $200 million loan after the Island nation requested to extend the repayment period due to its prolonged economic crisis.
12 January 2023, 14:18 PM

Regaining clients’ trust a must for insurance now: FBCCI

The insurance sector should focus more on increasing awareness and regaining customers’ trust for the sake of the industry’s development, FBCCI President Md Jashim Uddin said today.
12 January 2023, 13:40 PM

Stocks rise for third day

The Dhaka stocks continued rising for the third consecutive day although most of the stocks either dropped or remain unchanged today.
12 January 2023, 12:48 PM

MAB collaborates with Prabriddhi to foster local economic development

The Municipal Association of Bangladesh (MAB) has signed a memorandum of understanding with the Swiss-supported Prabriddhi-local economic development (LED) project to foster economic growth and decentralisation by strengthening the local government institutes.
12 January 2023, 11:39 AM

FBCCI, Bengal Commercial Bank team up for easy loans to CSMEs

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) teamed up with Bengal Commercial Bank today to extend loan assistance to help cottage, small and medium entrepreneurs (CSMEs) run their businesses.
11 January 2023, 15:53 PM

Global expos on RMG machinery, allied products begin in Dhaka

Four international trade shows on garment machinery and allied products began at the International Convention City, Bashundhara in Dhaka today.
11 January 2023, 13:24 PM

DSE turnover crosses Tk 500 crore after a month

Stocks in Bangladesh continued rising for the second consecutive day today while the turnover crossed Tk 500 crore at the Dhaka Stock Exchange (DSE) after a break of a month.
11 January 2023, 12:08 PM

Commerce ministry to BB: "Set aside dollar for import of essentials"

The commerce ministry today requested the Bangladesh Bank for keeping a certain quota of US dollar to facilitate import of six essential commodities to ensure smooth supply of the goods during Ramadan.
5 January 2023, 13:27 PM

ServicEngine wins “President’s Award for Industrial Development -2020”

Information technology firm ServicEngine Limited, a subsidiary of Abdul Monem Limited, has won the third prize at the President’s Award for Industrial Development-2020 in the hi-tech industry category for its contribution to the industrial sector and the country's economy as well.
5 January 2023, 12:31 PM

‘BSEC doesn’t have manpower to monitor companies properly’

The Bangladesh Securities and Exchange Commission (BSEC) cannot monitor all companies properly due to a lack of manpower, said BSEC Chairman Prof Shibli Rubayat-Ul-Islam.
5 January 2023, 12:11 PM

Stocks fall, but turnover crosses Tk 300 crore

Stocks fell today after rising for two days while the turnover managed to cross the Tk 300 crore-mark again after a break of four trading days.
5 January 2023, 11:33 AM

Tk 300 crore bond of IFAD Autos gets go-ahead

The Bangladesh Securities and Exchange Commission (BSEC) today approved the non-convertible bond of IFAD Autos worth Tk 300 crore.
4 January 2023, 15:45 PM

Bangladesh recycles only 36% plastic waste: experts

Only 36 per cent of the 8.25 lakh tonnes of plastic waste Bangladesh produced in 2019 were recycled whereas the amount was 51 per cent in 2006, a matter of big concern for the country, an expert said today.
4 January 2023, 14:33 PM

Six ICDs top export, import handlers’ list for seventh year

Six out of the 19 private inland container depots (ICDs) have once again come up as the major handler of export and import cargoes in the port city.
4 January 2023, 14:03 PM