External debt dips

Bangladesh’s foreign debt decreased by $1.34 billion in the first three months of this year.
25 June 2024, 18:00 PM

Govt commits improving on 50 issues to IMF

The government gave its commitment to the International Monetary Fund regarding around 50 issues to restore macroeconomic stability and good governance in the financial sector.
25 June 2024, 18:00 PM

Amnesty to black money may continue despite criticism

Despite widespread condemnation from economists, watchdogs, businesspeople and even multiple lawmakers, the government is expected to retain the amnesty allowing individuals and businesses to whiten black money without scrutiny by paying a 15 percent tax in the upcoming fiscal year.
25 June 2024, 18:00 PM

IMF sets 33 conditions for next two loan instalments

Bangladesh will have to comply with 33 new conditions by June next year in order to receive the next two instalments under the International Monetary Fund’s $4.7 billion loan programme.
25 June 2024, 18:00 PM

Kaus Mia: a role model in a nation where tax noncompliance is rife

The late successful businessman had been one of the highest taxpayers in Bangladesh since 2010-11
25 June 2024, 16:14 PM

Gold price to hit one-month high tomorrow

Each bhori of 22-carat gold will cost Tk 118,355
25 June 2024, 15:40 PM

Banks, NBFIs asked to freeze accounts of Matiur, family members

The accounts should remain frozen for 30 days, BFIU ordered
25 June 2024, 14:38 PM

Chinese company Alpen Banyan comes with highest ever investment proposal for Bepza EZ

The company will invest $108.99 million for a woven and knit garments factory
25 June 2024, 12:15 PM

Dhaka stocks bounce back

The broad index of the Dhaka Stock Exchange (DSE) rebounded today following a plunge yesterday
25 June 2024, 11:56 AM

Bangladesh’s external debt dips

It hit $99.30 billion in March, down from $100.64 billion in December last year
25 June 2024, 09:29 AM

Kaus Mia, a celebrated taxpayer, is no more 

Md Kaus Mia, one of the highest taxpayers in Bangladesh since 2010-11, has died at the age of 94. 
25 June 2024, 04:56 AM

Dhaka stocks snap five-day gaining streak

The benchmark index of Dhaka Stock Exchange (DSE), the premier bourse of Bangladesh, fell yesterday after a five-day gaining streak.
24 June 2024, 18:00 PM

South Korea offers $100m in budget support

The government is going to get $100 million in budgetary support from South Korea to fund a “Second Strengthening Social Resilience Program, Subprogram-1”.
24 June 2024, 18:00 PM

BSEC suspends several BO accounts of RACE

The Bangladesh Securities and Exchange Commission (BSEC) suspended several beneficiary owners (BO) accounts of Bangla-desh RACE Asset Management to protect the interest of unitholders of the mutual funds and shield them from mismanagement of assets.
24 June 2024, 18:00 PM

Two Indian SEZs saw no visible progress in over two years. Here’s why

India’s Prime Minister Narendra Modi emphasised the need for initiating operations fast at two special economic zones (SEZs) meant for Indian companies on meeting with his Bangladeshi counterpart Sheikh Hasina in Delhi on June 22.
24 June 2024, 18:00 PM

Matiur’s stock scandal just the tip of the iceberg

Md Matiur Rahman, the disgraced senior official of the National Board of Revenue (NBR), opened a Pandora’s Box when he claimed during an interview with a local television station that he received placement shares of a company below the face value.
24 June 2024, 18:00 PM

UAE emerges as top remittance source for Bangladesh

Bangladesh received the highest remittance from the United Arab Emirates in the first 10 months of the outgoing fiscal year, well ahead of traditional powerhouses such as Saudi Arabia and the United States, central bank figures showed.
24 June 2024, 18:00 PM

The decline of marble industry in Bangladesh

Marble, once a symbol of luxury, no longer holds its esteemed position in Bangladesh’s market. Today, the industry is suffering, and customers are facing numerous challenges. The number of suppliers has increased dramatically.
24 June 2024, 18:00 PM

What’s missing for young people in the budget?

Bangladesh’s high youth unemployment rate necessitates specific remedial steps, including ways for employment generation and adoption of prerequisite education and training, which the proposed national budget for fiscal year 2024-25 did not include, according to analysts.
24 June 2024, 18:00 PM

Eastern Bank opens ATM at Agargaon metro station

Eastern Bank launched ATM services at the Dhaka Metro Rail station in Agargaon, aiming to provide seamless services to metro rail passengers and others.
24 June 2024, 15:50 PM