The board of Confidence Cement PLC has decided to divest its entire shareholding in associate Confidence Cement Dhaka Limited to Confidence Power Holdings Ltd (CPHL) in a deal worth Tk 140.97 crore.

Country’s foreign exchange reserves have crossed the $25 billion mark for the second time this year, thanks to an increased inflow of foreign currency from remittance and exports.

The benchmark index of the Dhaka Stock Exchange fell for the second consecutive session yesterday.

Over my 45-year corporate journey, 38 in two leading multinationals and the last seven in a prominent local group, I have come to a sobering conclusion. Bangladesh suffers from a chronic shortage of genuine leadership in the workplace.

Donald Trump’s stance on Covid-19 turned out to be a prelude for his second term. The US president, who in 2020 argued that “If we stopped testing right now, we’d have very few cases” of the coronavirus, is applying this logic to environmental, health, and - with the firing of the top Labor Department statistician — economic data. With presumably committed professional staff still in place and alternative data sources available, the main risk isn’t fake, rosy data — it’s that firms, investors and policymakers will see pillars of the market crumble.

Economic reforms, including tax policy changes, set for implementation by December

Delayed Sirajganj industrial park finally ready for investors, plots allocated

The new 20 percent reciprocal tariff by the United States on Bangladeshi exports to the American market will come into effect tonight, which may open up opportunities for the country’s apparel sector as it adapts to evolving global trade dynamics.

General insurance firms’ profit falls as marine, fire policies drop

Donald Trump is tightening sanctions loopholes that fund Moscow's war machine. What does a crackdown on Russia's oil trade mean for global markets — and economic heavyweights like China and India?

The government has shortened the tender submission period for importing 4 lakh tonnes of rice, according to a decision of the Cabinet Committee on Economic Affairs yesterday. .The move is intended to build up public food stocks and contain the price of the staple in the local market.

The port authority clarifies its stand on number of vessels plying to and from the premier seaport

The company will produce tents, tent accessories, camping furniture, etc

The DSEX rose 5.85 points to reach 5,491.75 by 11:40 am

India’s ruling party and main opposition yesterday condemned a threat by US President Donald Trump to raise tariffs on goods from India over its Russian oil purchases, in a show of political unity as a trade rift deepens with Washington.

Private container depots face backlog as export surge strains storage, transport

Government tightens control over foreign loans with new preconditions

The economy of Bangladesh is currently undergoing several reforms and adjustments. However, in recent times, currency devaluation and rising inflation have shaken households, small businesses and industries, forcing painful changes at every level. Many are asking how this devaluation affects the people, and how stability can be regained.

The standoff between the US and India may well get worse before it gets better. Having slapped a 25 percent tariff on goods the South Asian country sends to America, Donald Trump is vowing to ratchet up the rate over the $4 trillion economy’s purchases of Russian oil. New Delhi calls the threat unjustified and unreasonable. A deal with Washington is possible, but diffusing the situation looks tricky.

In a move aimed at standardising career progression and ensuring transparency across the public banking sector, the Ministry of Finance has introduced a formal promotion policy for employees of state-owned commercial and specialised banks.