BB to step in if banks don’t merge voluntarily by Dec

Bangladesh Bank yesterday said it would take the initiative for the mergers and acquisition of banks from March 2025 if they fail to do so voluntarily by December this year.
13 March 2024, 00:53 AM

Govt provides Tk 64cr incentive to boost Aush cultivation

The agriculture ministry has announced a Tk 64.15 crore incentive package to encourage small and marginal farmers to produce Aush paddy and boost overall production.
13 March 2024, 00:53 AM

Laldia container terminal project gains momentum

AP Moller Maersk, a Danish shipping and logistics company, will likely invest between $300 and $400 million for constructing the Laldia container terminal at Chattogram Port, according to project officials.
13 March 2024, 00:53 AM

Bangladesh, Japan begin talks on trade deal

The government yesterday initiated talks to sign the Economic Partnership Agreement (EPA) with Japan in order to retain the duty benefit after Bangladesh's scheduled graduation to a developing nation in 2026.
13 March 2024, 00:52 AM

The ‘capacity trap’ in RMG

The garment industry, a cornerstone of Bangladesh’s economy, faces a looming challenge, i.e. overcapacity. The unplanned expansion and excessive capacity in a few products created a major fault line for the industry.
13 March 2024, 00:52 AM

Not possible to sell dates at govt-fixed price

Although the commerce ministry yesterday fixed a price range for dates, a key food item for the fasting month of Ramadan, businesspeople opined that it is not possible to make a profit and sustain their trade selling the fruit at those rates.
13 March 2024, 00:02 AM

Potato imports resume amid higher domestic prices

Importers have again taken to bringing over potatoes through Dinajpur’s Hili Land Port after nearly one and a half months as prices had started to rise, though local harvests are about to end.
13 March 2024, 00:02 AM

Bangladesh, Netherlands amend taxation deal

Bangladesh yesterday amended an agreement with the Netherlands on avoidance of double taxation and revenue evasion, according to a press release issued by the finance ministry.
12 March 2024, 18:15 PM

Stocks fall as investors unbothered by unified licences for GP, Robi

Investors did not react to the news that Grameenphone and Robi Axiata have received unified licences, with stocks continuing to drop yesterday amid an ongoing bear-run in the market.
12 March 2024, 18:00 PM
12 March 2024, 15:03 PM

Ban on foreign travel, trade licence, national award for wilful defaulters

Bangladesh Bank issues new guideline on wilful defaulters today
12 March 2024, 14:39 PM

Stocks on DSE fall for fifth straight day

Shares listed on the Dhaka Stock Exchange (DSE) dropped for the fifth consecutive day today.
12 March 2024, 14:00 PM

Banks can voluntarily merge until December: Bangladesh Bank

After December, the central bank will take decision on merger, acquisition
12 March 2024, 13:32 PM

Diesel supplier Numaligarh Refinery opens Dhaka liaison office

India so far exported diesel worth $34 million to Bangladesh
12 March 2024, 12:02 PM

Government fixes date prices for Ramadan

Price of low grade dates will be Tk 150 to Tk 165 a kg
12 March 2024, 09:41 AM

Bangladesh initiates talks with Japan to sign Economic Partnership Agreement 

The government today began the negotiation to ink the Economic Partnership Agreement (EPA) with Japan in order to retain the duty benefit after Bangladesh’s scheduled graduation to a developing nation in 2026
12 March 2024, 08:19 AM

DBH Finance’s profits decline in 2023 

DBH Finance PLC recorded a Tk 98.45 crore profit in 2023, a 3 percent slide year-on-year
12 March 2024, 07:20 AM

Make most of LDC-linked duty benefits during extended period

Bangladesh should make the most of the LDC-linked trade benefits during the extended three-year period agreed by the member countries of the World Trade Organisation (WTO), said experts yesterday.
12 March 2024, 00:59 AM

Agri product exports make a turnaround

Bangladesh’s agricultural product exports have slightly increased year-on-year during this fiscal year, marking a turnaround from a gradually drop over the past three years thanks to, according to industry insiders, restoration of supply chains and a slight improvement in the US dollar crisis.
12 March 2024, 00:51 AM

Economists for publishing names of top loan defaulters

Noted economists recommended focusing on macroeconomic stability, publishing the names of top loan defaulters, and forming a review commission on government expenditures.
12 March 2024, 00:51 AM