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Govt detects anomalies in TCB card distribution

There was corruption in the distribution of family cards for subsidised commodity sales by the state-owned Trading Corporation of Bangladesh (TCB), according to Commerce Adviser Sk Bashir Uddin.
10 December 2024, 18:00 PM

Signs of trend reversal as imports continue to rebound

Despite capital machinery imports decreasing sharply, the resurgence in Bangladesh’s overall imports continued for a third straight month in October due to increased production in industries, especially export-oriented sectors, signalling that there may be some light at the end of the tunnel.
10 December 2024, 18:00 PM

Land output fell 0.44% from 2011 to 2020: BIDS

Bangladesh’s land productivity declined by 0.44 percent from 2011 to 2020, likely due to soil degradation, reduced fertility and unsustainable farming practices, according to a study of the Bangladesh Institute of Development Studies (BIDS).
10 December 2024, 18:00 PM

Bangladesh owes $124m in blocked airline funds

Bangladesh has reduced the amount of funds belonging to airlines that have been blocked from repatriation by $124 million over the last six months, the International Air Transport Association (IATA) said recently.
10 December 2024, 18:00 PM

China’s Xi warns ‘no winners’ in trade war with US

Chinese President Xi Jinping warned Tuesday that there would be “no winners” in a trade war with the United States and vowed the country would hit its growth goals for the year.
10 December 2024, 18:00 PM

Govt detects anomalies in TCB card distribution

There was corruption in the distribution of family cards for subsidised commodity sales by the state-owned Trading Corporation of Bangladesh (TCB), according to Commerce Adviser Sk Bashir Uddin..The TCB provides 1 crore families with subsidised food items. Of the beneficiaries, some 57 lak
10 December 2024, 15:51 PM

Chinese firm Bangladesh Prothoma Power to invest $12.24 million inside Bepza EZ

The company will establish a battery plate manufacturing industry
10 December 2024, 14:41 PM

City Bank restructures salary to support employees amid inflation

Salaries will be increased a minimum of 10 percent and a maximum of 50 percent
10 December 2024, 12:16 PM

Bangladesh’s exports may rise as Trump considers tariffs on China, says top businessman

"The imposition of higher tariffs on Chinese goods by the Trump administration could prompt international businesses and investors to turn to Bangladesh," Ahsan Khan Chowdhury, chairman of Pran-RFL Group, said today
10 December 2024, 08:54 AM
10 December 2024, 07:00 AM

BFIU asks banks to provide account details of Hasina, Rehana

The anti-money laundering agency also seeks banks details of Bangabandhu Sheikh Mujibur Rahman Memorial Trust 
10 December 2024, 05:31 AM

Stocks up in morning trade  

Total turnover stood at Tk 80.31 crore
10 December 2024, 05:27 AM

NBR conducts drive at resort of ex-DB chief’s relatives

The National Board of Revenue’s (NBR’s) Central Intelligence Cell (CIC) yesterday conducted a drive at “President Resort” in Kishoreganj, around 100km north of the capital.
9 December 2024, 21:10 PM

What exactly were global institutions overseeing?

Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the country faces increasing pressure from escalating debt servicing obligations.
9 December 2024, 20:10 PM

Bangladesh has 1.22cr economic enterprises

There are 1.22 crore economic enterprises across the country, according to the Bangladesh Bureau of Statistics (BBS)..Among them, 76 lakh are business establishments and 46 lakh are economic units, the national statistics agency found during the primary mapping ‍and listing work for the co
9 December 2024, 18:48 PM

DSE’s turnover continues to tumble

Stock trading in Bangladesh has slowed in recent months as most investors are not placing fresh bets considering the market’s bleak outlook amid ongoing economic uncertainties. As such, daily turnover of the Dhaka Stock Exchange (DSE) plunged by 5.02 percent to Tk 279 crore yesterday, mark
9 December 2024, 18:43 PM

Edible oil prices up by Tk 8 per litre

The government yesterday raised the retail prices of soybean and super palm oils by Tk 8 per litre. Bottled soybean oil price was set at Tk 175, and loose soybean oil and super palm oil at Tk 157.
9 December 2024, 18:21 PM

Bangladeshi garment workers at risk from extreme heat: study

Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are increasingly exposed to extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address.
9 December 2024, 18:00 PM

NBR to cut tax exemptions once economy improves: chairman

The government will rationalise tax exemptions once the country’s economic situation improves to some extent, according to National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan.
9 December 2024, 18:00 PM

All sides for 9% raise in minimum garment wage

A state-run annual increment and wage review committee yesterday recommended that the government raise the minimum wage of garment workers by 9 percent.
9 December 2024, 18:00 PM