Ex-BSEC chief attempted to eavesdrop on investors

The immediate past chairman of the stock market regulator had attempted to get government approval earlier this year to bring voice calls and internet data of stock market investors under surveillance.
27 August 2024, 18:00 PM

MCCI projects higher imports, remittances and slowing inflation

Three major indicators of the economy -- imports, remittances and foreign exchange reserves -- are likely to increase in the first quarter of the current fiscal year, a positive development for the external accounts, according to the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI).
27 August 2024, 18:00 PM

Workers bear the brunt of politically motivated attacks on businesses

Vandalism and arson attacks on factories since earlier this month have created deep concerns among entrepreneurs and plunged thousands of employees who work in these firms into uncertainty.
27 August 2024, 18:00 PM

UCB freed from ex-land minister, family’s grip

The family of former land minister Saifuzzaman Chowdhury Javed lost its grip on United Commercial Bank (UCB) yesterday as the Bangladesh Bank dissolved the lender’s board of directors.
27 August 2024, 18:00 PM

UCB, Global Islami, Union get new boards of directors

The central bank issued three separate letters to the banks
27 August 2024, 15:42 PM

Could lower policy rate if inflation is reduced: BB governor

Ahsan H Mansur says in a meeting with a delegation of the Dhaka Chamber
27 August 2024, 14:39 PM

Major economic indicators showing signs of improvement: MCCI

Imports, remittances and forex reserves are likely to increase, the leading chamber says
27 August 2024, 14:29 PM

Stocks fall after rising for two days

However, the turnover saw a 34% jump from the previous day
27 August 2024, 12:02 PM

Pakistan eyes $4 billion from Middle Eastern banks

The money will be used to plug external financial gaps, the country's central bank chief says
27 August 2024, 11:31 AM

S Alam barred from fund transfer, cashout, LC opening

The Bangladesh Bank yesterday instructed six S Alam-owned banks to stop any money going out of the accounts in the name of the Chattogram-based business giant, its associates’ companies and related persons.
26 August 2024, 18:00 PM

Dutch hit Uber with $324m fine

The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers.
26 August 2024, 18:00 PM

Oil rises 2% amid production outages

Oil prices rose 2 percent on Monday on news of fresh production outages in Libya, adding to earlier gains on concerns that an escalating Gaza conflict could disrupt regional oil supplies.
26 August 2024, 18:00 PM

Navigating thru challenging times in RMG

The recent situation in Bangladesh has posed significant challenges for the garment industry, one of the country’s most vital economic sectors. A temporary halt in operations caused by unforeseen events led to considerable disruptions in export-import activities and factory operations.
26 August 2024, 18:00 PM

India’s gold duty cut likely to spark buying spree during festivals

Gold demand in India during the upcoming festive season is likely to remain robust, as the substantial reduction in import duty has made prices appealing, providing comfort to retail consumers and encouraging purchases, industry officials said.
26 August 2024, 18:00 PM

Ctg port facing container congestion as transport slows

The Chattogram port has been hit by container congestion again as daily deliveries have slowed in the amid of flash floods, which caused disruptions along the Dhaka-Chattogram Highway since Thursday.
26 August 2024, 18:00 PM

Gold hits Tk 127,942 per bhori

Gold prices hit a historic high of Tk 127,942 per bhori, with the Bangladesh Jewellers Association (Bajus) deciding to bring the new rate into effect yesterday.
26 August 2024, 18:00 PM

Orion Pharma’s Tk 132cr loan rescheduled with special approval

Orion Pharma Ltd, a pharmaceutical company of Orion Group, has been provided a rescheduling facility on a forced/demand loan by state-run Agrani Bank with special approval from the Bangladesh Bank.
26 August 2024, 18:00 PM

Japanese seafood processor to export scallops from Bangladesh

Japan Delica Co, an importer and processor of seafood, will launch a new business in Bangladesh in October for processing Japanese scallops and selling them in Europe, the United States and other countries, The Japan News reported yesterday.
26 August 2024, 18:00 PM

Agri product exports growing slowly. Here’s why

Even though Bangladesh is an agricultural country, its agricultural product exports grew at a slower pace compared to other goods over the past decade due to a lack of policy support, high costs and the absence of good agricultural practices.
26 August 2024, 18:00 PM

Data anarchy in revenue and expenditure continues

Although the authorities took steps to eliminate mismatches in export data in recent months, discrepancies in the data of revenue collection and expenditure among government agencies continue to persist.
26 August 2024, 18:00 PM