It’s time to go for more flexible exchange rate: IMF

The time is right for Bangladesh to move towards a more flexible exchange rate regime, said Chris Papageorgiou, mission chief of the International Monetary Fund (IMF) to Bangladesh.
17 April 2025, 18:00 PM

Highway to justice on a rickshaw

Someone I know once joked, “In Bangladesh, legal process is like a traffic signal -- it exists, but nobody follows it.” I know of a family that has been caught in a legal battle regarding land for decades. It is the kind of dispute that survives elections, grey hairs, and a few judges. They have won every round up to the top court, but the case? It is still pending outside the court. The legal system here is not just blind -- it is apparently waiting in traffic, hoping to dodge the maxim justice delayed is justice denied.
17 April 2025, 18:00 PM

Ctg customs saw 12% revenue growth in July-March

Revenue collection by Chattogram Customs House rose 12 percent over the past nine months thanks to the easing of import restrictions, with shipments of Ramadan essentials surging ahead of the month of fasting for Muslims..The country’s top revenue earner collected Tk 55,346 crore in the Ju
17 April 2025, 15:05 PM

Stocks extend losing streak

Turnover, a key measure of market activity, dropped 14 percent to Tk 339.29 crore.  
17 April 2025, 10:02 AM

IMF to continue talks with Bangladesh for near-term agreement

The global lender said such an agreement would pave the way for completing the combined third and fourth reviews
17 April 2025, 09:30 AM

Free trade agreement with the US can be Bangladesh’s long-term solution: economist  

The economist said Bangladesh will need to undertake major reforms as it graduate from the LDC group
17 April 2025, 07:25 AM

US collects over $1 billion a year in tariffs on Bangladeshi goods: CPD  

The CPD said Bangladesh imposes customs and other duties averaging 6.2 percent on US imports
17 April 2025, 05:48 AM

Stocks rebound after three-day slump 

Turnover, a key indicator of market activity, stood at Tk 76.35 crore during the period.
17 April 2025, 05:15 AM

Bida expresses concern over gas price hike

The newly fixed gas tariff discriminates against new investors, as it compels them to pay 33 percent more in bills than existing ones, said Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority (Bida).
16 April 2025, 18:56 PM

Dream71 to build renewable energy web platform for Lesotho

.Dream71 Bangladesh Limited has been entrusted with building a digital platform to promote renewable energy in the African nation of Lesotho..The leading Bangladeshi information technology company will develop a modern, web-based system to streamline e-tendering, data management, rea
16 April 2025, 18:30 PM

BFIU fines Premier Bank for unfreezing HBM Iqbal’s account

The Bangladesh Financial Intelligence Unit (BFIU) has fined Premier Bank Tk 1.11 crore and $30,000 (in equivalent local currency) for unfreezing the bank account of HBM Iqbal, the former chairman of the bank, and allowing fund withdrawals from the account in violation of law.
16 April 2025, 18:24 PM

Provide info on wilful loan defaulters every 3 months

Bangladesh Bank yesterday instructed banks to furnish detailed information about wilful loan defaulters.
16 April 2025, 18:01 PM

Delegation to visit US next week to discuss tariffs

A high-powered delegation from Bangladesh is scheduled to visit the US next week to discuss the tariffs imposed by the Trump administration, Commerce Adviser Sk Bashir Uddin said yesterday.
16 April 2025, 18:00 PM

Insurance sector under strain as claim settlements drop

The rate of claim settlements in Bangladesh’s insurance sector declined last year, deepening concerns over transparency and further eroding the confidence of policyholders in an industry already trailing behind global standards.
16 April 2025, 18:00 PM

Banks’ CSR spending falls to 8-year low

Banks’ spending on corporate social responsibility (CSR) activities fell to an eight-year low in 2024 as the pressure to provide finance from higher-ups declined following the political changeover in August.
16 April 2025, 18:00 PM

Govt sets Tk 4.99 lakh crore target for NBR in FY26

The new target has raised eyebrows, given the underwhelming performance in revenue collection so far
16 April 2025, 18:00 PM

IoM to use €5m EU grant for migration management

The International Organization for Migration (IoM) will use a €5 million grant from the European Union to implement a project on improving migration management and reintegration services in Bangladesh.
16 April 2025, 18:00 PM

Crown Cement directors to transfer Tk 51cr shares to family members

Two sponsor directors of Crown Cement have announced plans to gift a total of 1.04 crore shares, worth Tk 50.98 crore based on yesterday’s closing price on the Dhaka Stock Exchange (DSE), to their family members.
16 April 2025, 18:00 PM

Bay Terminal project inches forward

After seeing very little progress over the past one and a half years, the Bay Terminal project at the Chattogram port is expected to gain momentum as a development project proposal (DPP) for three crucial components is expected to be placed soon.
16 April 2025, 18:00 PM

Dhaka stocks fall for third day

The DSEX lost 26.32  points to close at 5,105.68
16 April 2025, 09:38 AM