BB sets age limit, bad loan recovery target for aspirant CEOs of banks

The central bank has for the first time set the minimum age, default loan recovery targets and other criteria for aspirant chief executive officers of banks and those looking to be reappointed in the top job as part of its efforts to restore good governance and reduce bad debts.
28 February 2024, 00:49 AM

Electric vehicles etching their way into domestic automobile industry

The automobile industry of Bangladesh is seeing a notable shift towards electric vehicles (EVs) with BYD Auto Co Ltd, the world’s biggest EV maker, set to launch its Seal model on the domestic market.
28 February 2024, 00:49 AM

Hefty power bill to weigh on consumers

The government has decided to increase electricity prices by Tk 0.34 and Tk 0.70 a unit from March, which according to experts will have a domino effect on the prices of essentials ahead of Ramadan.
27 February 2024, 18:00 PM

NRB Bank shares jump 10pc on market debut

Shares of NRB Bank surged 10 percent on their market debut in the two stock exchanges of Bangladesh yesterday.
27 February 2024, 18:00 PM

Impact of Red Sea crisis still 'moderate': WTO chief economist

Attacks by Yemeni rebels on commercial ships in the Red Sea have had only a "moderate" impact on global trade, Ralph Ossa, the World Trade Organization's chief economist told AFP.
27 February 2024, 16:07 PM

NRB Bank makes trading debut on DSE, CSE

NRB Bank Ltd, a fourth generation commercial bank, has made its trading debut on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under the ‘N’ category today.
27 February 2024, 15:15 PM
27 February 2024, 15:13 PM

Grameen America grants $4 billion loans for women entrepreneurs in 27 US cities

It will be on course to invest $5 billion within 2030
27 February 2024, 11:21 AM

Dhaka stocks bounce back

All the indices of the Dhaka Stock Exchange (DSE) bounced back today as most shares gained.
27 February 2024, 11:15 AM

Daraz 'letting go of' employees in Bangladesh, four other countries 

Daraz Group, Alibaba' s South Asian e-commerce arm that operates in five markets including Bangladesh, has announced that it is letting go of “many” employees but stopped short of disclosing the number.
27 February 2024, 09:19 AM

Return filing deadline for companies extended to April 30

The National Board of Revenue (NBR) today extended the deadline for tax return filing by companies by two months to April 30, according to an order.
27 February 2024, 09:02 AM

Electricity and gas prices to go up in the first week of March

Gas price hikes only for electricity production, says Nasrul Hamid
27 February 2024, 06:54 AM

NRB Bank jumps 10% on market debut 

NRB Bank’s shares surged 10 percent in the first one and half-hour after its debut with two stock exchanges in the country today
27 February 2024, 05:55 AM

Forum introduces panel members for next BGMEA polls

Thirty-five members from the Forum panel will participate in the biennial election
27 February 2024, 04:07 AM

World Bank suggests unified exchange rate, further monetary tightening

The World Bank has recommended Bangladesh put in place a unified exchange rate and tighten monetary policy further in order to tame persistently high inflationary pressure and end the foreign exchange crisis.
27 February 2024, 00:33 AM

Bangladesh is an inspiration to many in green building segment

Bangladesh has become a major source of inspiration for many countries as the nation has the most green garment factories worldwide, said a top official of the United States Green Building Council (USGBC), the authority that provides the Leadership in Energy and Environment Design (LEED) certification.
27 February 2024, 00:33 AM

Wheat import rebounds to two-year high

Bangladesh’s wheat imports recovered and hit a two-year high in the first seven months of the fiscal year as prices of the grain cooled and demand from local industries soared.
27 February 2024, 00:24 AM

Govt to cut ADP size by 7%

The government is set to downsize the Annual Development Programme (ADP) for the current fiscal year of 2023-24 by nearly 7 percent while prioritising projects having the highest impact, according to planning commission sources.
27 February 2024, 00:24 AM

Sammilito Parishad announces manifesto for BGMEA polls

Sammilito Parishad, a panel contesting in the upcoming biennial polls to the BGMEA’s board of directors on March 9, yesterday announced its manifesto, which includes developing a “smart” garment sector.
27 February 2024, 00:24 AM

Bangladesh slumps in global mobile internet rankings

Bangladesh performed poorly in Ookla’ Speedtest Global Index in January, descending 7 spots from the 101st position to 108th in the mobile internet segment.
27 February 2024, 00:24 AM