Gold set for brightest year since 2010

Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and monetary policy easing fuelled the safe-haven metal’s strongest annual performance since 2010.
31 December 2024, 18:00 PM

Thai tourism rebounds strongly, exceeds arrival goals

The Tourism Authority of Thailand (TAT) announces that international tourist arrivals have surpassed the target of 35 million visitors in 2024, generating over 1.8 trillion Baht in tourism revenue.
31 December 2024, 18:00 PM

Challenges and priorities for 2025

Macroeconomic management will remain a formidable challenge for Bangladesh in the coming year.
31 December 2024, 18:00 PM

USDA forecasts drop in rice harvest for floods

Rice production in Bangladesh may fall in the current marketing year of 2024-25, which began last May, for a reduction in the acreage of Aman season paddy due to repeated floods.
31 December 2024, 18:00 PM

Revenue collection falls in Nov though business climate improves

Bangladesh’s revenue collection fell in November this year even though the country saw improvement in its business climate that month thanks to the alleviation of political uncertainties stemming from the nationwide mass uprising in July-August.
31 December 2024, 18:00 PM

2024: A year of economic turmoil and transformation for Bangladesh

The year 2024 stands out as one of the most eventful and challenging periods in Bangladesh’s economic history. The nation grappled with an unprecedented banking crisis, soaring inflation, and several persistent macroeconomic challenges. These included low foreign exchange reserves, high youth un
31 December 2024, 13:47 PM

BB eases forex rules for uprising victims’ medical treatment abroad

The Bangladesh Bank (BB) today relaxed the limit on foreign currency that can be taken abroad for the treatment of individuals injured during the July-August mass uprising that ousted the previous regime.
31 December 2024, 12:45 PM

Flight delayed for nearly 2 hours in Saidpur Airport due to fog

Operation of three flights of US Bangla, Air Astra and Novo Air in Saidpur Airport was delayed for around two hours due to dense fog this morning.
31 December 2024, 11:14 AM
31 December 2024, 06:59 AM

BFIU seeks bank account details of 12 journalists

The Bangladesh Financial Intelligence Unit has requested information on the bank accounts of 12 journalists within three working days. 
30 December 2024, 19:02 PM

Mobil Jamuna to expand with oil tanker, land purchase

Mobil Jamuna Lubricants Bangladesh PLC is planning to buy an oil tanker and acquire land to expand its operations.
30 December 2024, 18:00 PM

RBI should loosen its hold on rupee in 2025: economists

India’s central bank will need to rethink its foreign exchange strategy and loosen its hold on the rupee in 2025, economists said, with the currency at its strongest against peers in at least two decades in trade-weighted terms.
30 December 2024, 18:00 PM

Liberalising the foreign exchange regime

Since our independence, 53 years have gone by and the country has already become a quasi-dominant player in the global supply chain. Y
30 December 2024, 18:00 PM

BTRC approves terms for auditing Teletalk

The Bangladesh Telecommunication Regulatory Commission (BTRC) has finalised key steps for auditing Teletalk, including setting goals, outlining the scope and detailing tasks for the process.
30 December 2024, 18:00 PM

Robi gets acting CEO

Robi Axiata has appointed an acting CEO as Rajeev Sethi was assigned to a new role within Axiata Group, according to a letter sent to the Bangladesh Securities and Exchange Commission.
30 December 2024, 18:00 PM

Economic woes far from over

Just a year ago, this newspaper ran a story leaving a question for our readers as to whether Bangladesh would be able to put its economy back on track in 2024.
30 December 2024, 18:00 PM

Stock market lost steam in 2024

The year 2024 witnessed a lacklustre performance of the stock market as the benchmark index faced erosion, average daily turnover showcased no significant rise while no notable company entered the market.
30 December 2024, 18:00 PM

BB plans to raise exchange rate amid forex volatility

After seven months of implementing a crawling peg exchange rate system in spot purchases and sales of US dollars, the Bangladesh Bank (BB) is now considering increasing the mid-rate to Tk 119 from Tk 117 per greenback, according to central bank officials.
30 December 2024, 18:00 PM

Robi gets acting CEO, as Rajeev Sethi moves to a new role within Axiata

Riyaaz Rasheed, current CFO, will be the acting CEO with effect from February 1 of 2025
30 December 2024, 14:42 PM

Ctg port posts record in container handling

A rise in foreign trade is helping the port recover from the global economic downturn
30 December 2024, 14:06 PM