Southeast Bank to raise Tk 500 crore thru bonds

Tk 450 crore will be mobilised under private placement, Tk 50 crore through public offer
14 December 2023, 08:49 AM

Little to achieve if Bangladesh Bank isn’t sincere

The International Monetary Fund (IMF) will require a certain amount of foreign currency reserves to ensure the next installments in the future.
14 December 2023, 04:31 AM

IMF injected cash into Bangladesh, Sri Lanka. Are the two economies diverging?

Bangladesh and Sri Lanka have received loan payouts from IMF, strengthening their buffers against risks to foreign exchange reserves
14 December 2023, 00:10 AM

Sheba’s comeback story: A demonstration of resilience

After launching in 2016, Sheba quickly captured the attention of urbanites by offering comprehensive solutions to common challenges associated with city living
14 December 2023, 00:00 AM

Bangladeshi garment factory tops peer

SM Sourcing, located in Gazipur, has scored 106 out of 110, the highest in the globe, receiving the certification on Tuesday
13 December 2023, 18:15 PM

NBR considers extension of tax exemption

NBR is planning to extend tax exemptions on interest income of foreign lenders who have lent to local firms
13 December 2023, 18:15 PM

Reserves can hit $24.3b this fiscal year

Bangladesh’s gross foreign reserves can top up to $24.3 billion by the end of the fiscal year if greater exchange rate flexibility is allowed and a tighter monetary policy is pursued, the IMF said.
13 December 2023, 18:00 PM

Bankers cut US dollar rates by Tk 0.25

Banks will buy US dollar at Tk 109.5 from exporters and sell at Tk 110
13 December 2023, 16:49 PM

Old potato prices stay firm despite arrival of new crops

Old and new potatoes are being sold at the same price in kitchen markets of several districts across Bangladesh, including Dhaka, according to traders.
13 December 2023, 16:35 PM

FBCCI seeks PM's attention to avoid being defaulters

The FBCCI has sought attention from Prime Minister Sheikh Hasina for businessmen so that they don’t become defaulters if they fail to repay loans
13 December 2023, 16:07 PM
13 December 2023, 15:19 PM

Oh, Christmas tree: The economics of the US holiday tree industry

Christmas today is a big business, and one part of that is the multibillion-dollar business of selling Christmas trees. The U.S. Christmas tree industry is so large, it even has two dueling trade groups: one that supports natural trees and the other, artificial..We are two business school
13 December 2023, 13:10 PM

IMF, ADB loans to boost reserves in Dec: Bangladesh Bank

IMF will give $689 million, ADB $400 million and other sources $220 million
13 December 2023, 11:07 AM

AFC Agro, S Korean firm team up to make molecular diagnostic kits

The kits will help in detection of dengue, chikungunya and other viruses
13 December 2023, 10:35 AM

IMF recommends calibrated monetary tightening, exchange rate flexibility

The International Monetary Fund (IMF) has advised Bangladesh to continue to focus on containing inflation and rebuilding external resilience.
13 December 2023, 04:28 AM

Bangladesh to become 2nd-fastest economy among 46 nations: Mastercard

GDP of Bangladesh is expected to grow 6.3 percent in 2024 whereas India’s expected growth is 6.4 percent
13 December 2023, 00:20 AM

Govt's paddy purchase continues to be low

Until December 11, the food office could only buy 1,834 tonnes of paddy out of its total purchase of 81,533 tonnes of rice and paddy from the harvest of Aman
13 December 2023, 00:10 AM

IMF approves $681m in 2nd tranche of loan for Bangladesh

The IMF board yesterday approved the second instalment of $681 million for Bangladesh, putting to bed the uncertainty surrounding the tranche given that the country failed to meet two of the conditions needed for its release
12 December 2023, 18:48 PM

IMF approves $681m in 2nd tranche of loans

The IMF board yesterday approved the second instalment of $681 million for Bangladesh, putting to bed the uncertainty surrounding the loan tranche given that the country failed to meet two of the conditions needed for its release.
12 December 2023, 18:00 PM

Banks to sell insurance in boost for the fledgling sector

Bancassurance is an arrangement between a bank and an insurer, allowing the former to sell the products of the latter through its vast network
12 December 2023, 15:49 PM