Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump’s decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to deregulate the sector.

The interim government has reduced taxes and duties on soybean and palm oil to lower prices amid high inflation but this has not helped raise imports. Instead, there is a shortage of bottled edible oil in the markets.

The former Awami League government had manufactured a development narrative for Bangladesh by inflating economic growth data by an average of 3.5 percentage points a year, Debapriya Bhattacharya, head of the panel that prepared a white paper on the state of the economy, said yesterday.

Sonali Bank has decided to sell the assets of Alltex Industries through auction in a bid to recover unpaid loans of the listed textile producer.

Janata Bank is set to auction the mortgaged assets of Simran Composite Ltd

Despite being the world’s most famous cryptocurrency, Bitcoin -- whose value on Thursday passed $100,000 for the first time -- has always been surrounded by mystery and controversy.

South Asia relies heavily on professional accountants for governance, financial transparency, and regulatory compliance and yet the availability of these experts is scarce.

Retailers of branded apparel, shoes and cosmetics in Bangladesh got a fairly good response from customers upon offering discounts and cashback on Black Friday amid high inflationary pressure and political uncertainty in the country.

It was announced at the 631st meeting of the life-insurer’s board of directors today.

The recent fine relates to three incidents of market manipulation

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

Putting more emphasis on industry-academia collaboration, Dr Salehuddin said that that the conglomerates and business houses of the country need to invest more in research and development.

DSEX lost 6.62 points as of 11:46 am 

Rises to over 11% for second time this year 

The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.

Many of the Chattogram port’s 12 container jetties have been lying vacant for the last couple of weeks due to a fall in the number of ships amid a decrease in imports..The port currently has 18 jetties. Of these, 12 jetties are dedicated for accommodating container vessels and the remainin

The government is set to import rice from Myanmar and India as part of its efforts to bring down the high price of the staple, replenish stocks and ensure distribution under social safety net schemes.

The International Monetary Fund (IMF) has asked to increase the tax to GDP ratio by 0.6 percentage points by the end of this fiscal year to make up for last fiscal year’s revenue collection shortfall.

Captive power, which the industrial sector in Bangladesh leans on heavily, has been weakening the financial health of the Bangladesh Power Development Board (PDB) by costing it customers that pay the highest tariffs.

The price of mild steel (MS) rods has continued to fall due to low demand for construction materials, especially as public consumption has declined to virtually zero since the political changeover on August 5.