Payment period for raw material imports extended till Dec

The previously fixed 360-day usance period ended today
30 June 2024, 14:22 PM

BAF receives 5th C-130J Super Hercules aircraft

Bangladesh Air Force received their fifth C-130J Super Hercules aircraft from the UK last week
30 June 2024, 12:42 PM
30 June 2024, 12:01 PM

Terminal 3 of Dhaka airport will be under 5G coverage by Oct: Palak

The state minister for telecom and ICT shared the info at BTRC event
30 June 2024, 11:21 AM

Linde Bangladesh’s profit plunges 40% in 2023

The industrial gas manufacturer made a profit of Tk 52.56 crore in the year that ended on December 31
30 June 2024, 10:03 AM

Jamuna Bank to set up asset management company

Asset management companies invest pooled funds from clients into various securities and assets
30 June 2024, 09:04 AM

Telecom operators have to compensate for call drops: Palak

The state minister for telecom and ICT discussed service quality of telecom operators at BTRC event
30 June 2024, 08:33 AM

High inflation, NPLs disrupting post-pandemic recovery: ICCB

The economy of Bangladesh has rebounded from the Covid-19 pandemic, but high inflation, a balance of payments deficit, financial sector vulnerabilities, and global economic uncertainty continue to hamper recovery, said Mahbubur Rahman, president of the International Chamber of Commerce Bangladesh (ICCB).
29 June 2024, 18:00 PM

Black money holders get amnesty

Parliament yesterday approved a provision that will allow black money holders to legalise their undisclosed wealth without any scrutiny by paying a 15 percent tax, disregarding widespread condemnation from various quarters.
29 June 2024, 18:00 PM

World Bank approves $650m to help develop Bay Terminal

The Bay Terminal, the biggest expansion project in the Chattogram port’s history, made major progress as the World Bank’s board of executive directors approved a $650 million loan on Friday to finance the dredging of the access channel and construction of the breakwater.
29 June 2024, 18:00 PM

Sri Lanka: Policy prescriptions worked right

When I visited Colombo last April, the airport was humming with a lot of tourists. My experience at the immigration was very good while foreign exchange booths were showing a much more stable exchange rate. Afterwards my interactions with a few entrepreneurs revealed a revival of industrial production and exports too.
29 June 2024, 18:00 PM

Too much reliance on one export item is a major risk: ADB

Bangladesh’s earnings from exports, excluding apparel, grew at a compound annual rate of 7.6 percent over the past three decades or so whereas garments witnessed 14.6 percent growth, which highlights a lack of product diversity, according to a new study yesterday.
29 June 2024, 18:00 PM

FY24: one of the gloomiest years for economy

At the beginning of fiscal year 2023-24, there was an expectation that the country’s economy would recover from the shocks of the Covid-19 pandemic and other external pressures.
29 June 2024, 18:00 PM

Record budget support helps govt meet IMF’s reserve condition for first time

Bangladesh is going to fulfil the International Monetary Fund’s condition on foreign exchange reserves in June on the back of record budget assistance from global creditors, the first time since the IMF approved its $4.7 billion loan programme more than a year ago.
29 June 2024, 18:00 PM

Highest income tax rate stays unchanged at 25%

The government has moved away from its decision to raise the highest income tax rate to 30 percent and end tax holidays for investors in economic zones and hi-tech parks.
29 June 2024, 16:11 PM

New budget to take Bangladesh one step forward: PM

Prime Minister Sheikh Hasina today said the proposed national budget for the 2024-25 fiscal year was not "ambitious", vowing to take Bangladesh forward
29 June 2024, 14:19 PM

16 non-life insurers fined Tk 83 lakh for irregularities

All but Bangladesh Co-operative Insurance have already paid the fines
29 June 2024, 13:45 PM

World Bank approves $650 million to help Bangladesh develop Bay Terminal

The World Bank’s Board of Executive Directors approved $650 million on Friday to help Bangladesh construct breakwater of Bay Terminal, a mega expansion project of Chattogram port
29 June 2024, 08:52 AM

World Bank approves $650 million to help Bangladesh develop Bay Terminal

The World Bank approved $650 million on Friday to help Bangladesh construct the breakwater of Bay Terminal, a mega expansion project of Chattogram port.
29 June 2024, 08:51 AM

Social media hacking tops cybercrimes in Bangladesh: study 

Social media and online account hacking tops the list of cybercrimes in Bangladesh, accounting for 21.65 percent of incidents, according to a new study.
29 June 2024, 08:21 AM