NBR halves VAT to cool off edible oil prices

The revenue board believes the VAT exemption will keep edible oil prices at a bearable level.
19 November 2024, 14:23 PM

Govt permits import of 18.80 crore eggs

In October this year, inflation hit a three-month high of 10.87 percent
19 November 2024, 12:29 PM

TCB to sell potato from tomorrow

Consumers in Dhaka can purchase up to 3 kilogrammes (kg) of potatoes at Tk 40 per kg through 50 trucks deployed across the city
19 November 2024, 11:08 AM

GPH Ispat rebounds to profit in Q1 

GPH Ispat’s revenue increased by 5 percent year-on-year to Tk 1,135.70 crore. 
19 November 2024, 11:05 AM

No bank closures despite financial struggles: Salehuddin

The adviser made these remarks today during a press conference at the Secretariat in Dhaka
19 November 2024, 07:13 AM

Stocks edge up in early trading

It gained 3.19 points to reach 5303.25.
19 November 2024, 05:16 AM

Walton inks deal with Sri Lankan firm for market expansion

Walton Hi-Tech Industries has inked a deal with Monik Trading Private Ltd, a Sri Lankan company, to develop joint brands and expand market reach.
18 November 2024, 20:25 PM

Khulna Power’s Q1 profit declines 72%  

Profit of the power producer plunged 72 percent to Tk 1.76 crore in the July-September quarter. 
18 November 2024, 19:23 PM

Gold rebounds after 6-day losses

Gold prices rebounded on Monday, having posted losses in the previous six sessions, with gains driven by a pause in the US dollar’s rally, while investors await comments from the Federal Reserve officials for clarity on the interest rate trajectory.
18 November 2024, 18:00 PM

Stocks bleed as investors aim for profit

Stocks in Bangladesh have entered a downtrend as major market indicators yesterday fell for a second day consecutively, with skittish investors liquidating their holdings to profit amid ongoing price fluctuations.
18 November 2024, 18:00 PM

Is AI’s meteoric rise beginning to slow?

A quietly growing belief in Silicon Valley could have immense implications: the breakthroughs from large AI models -– the ones expected to bring human-level artificial intelligence in the near future –- may be slowing down.
18 November 2024, 18:00 PM

Banks asked to ensure smooth exchange of coins

The Bangladesh Bank has instructed banks in the country to ensure that Tk 1, Tk 2 and Tk 5 coins are smoothly exchanged for paper money.
18 November 2024, 18:00 PM

24 factories of Beximco shut amid liquidity crunch

The group's inability to open new LCs has forced its factories to halt production
18 November 2024, 18:00 PM

Islami Bank to realise Tk 10,000cr by selling S Alam Group’s stake

Islami Bank Bangladesh plans to sell the S Alam Group’s stake in the bank to realise dues of around Tk 10,000 crore from the controversial conglomerate.
18 November 2024, 18:00 PM

Salt farmers depressed by low prices

The cracked and barren fields around the Chowfaldandi village in Cox's Bazar suggest that the season for salt cultivation has arrived. However, disheartened by low market prices of the daily essential, very few farmers are preparing their land for that purpose..According to farmers, prices
18 November 2024, 15:43 PM

Moody's downgrades Bangladesh's ratings to B2, changes outlook to negative

“The downgrade reflects heightened political risks and lower growth, which increases government liquidity risks, external vulnerabilities and banking sector risks, following the recent political and social unrest that led to a change in government,” said Moody’s.
18 November 2024, 10:35 AM

BB will not close any companies like S Alam, Beximco: Governor

He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector
18 November 2024, 07:59 AM

Stocks see modest gains

Of the shares, 182 advanced, 107 declined, and 77 remained unchanged. 
18 November 2024, 05:20 AM

ACI’s Q1 loss rises 167% year-on-year

Higher borrowing cost primary reason for incurring losses  
17 November 2024, 19:11 PM

Square Textiles post Tk 37cr profit in Q1

Increased yarn production behind profit uptick
17 November 2024, 19:02 PM