Attack on Israel likely to boost appeal of gold, safe haven assets

The violence in Israel will likely prompt a move into safe haven assets as investors closely watch events in the Middle East to gauge geopolitical risk to markets.
8 October 2023, 17:31 PM

Ctg custom to auction off 28 tonnes buffalo meat tomorrow

The meat's reserve price has been fixed at Tk 2.45 crore
8 October 2023, 15:25 PM

Deposit, lending rates hiked for non-banks

NBFIs can now offer 9.7% for deposits, 12.7% for lending
8 October 2023, 15:03 PM

Robi completes 2600 band spectrum deployment in 50% sites

The spectrum will help improve data speed by 50 percent
8 October 2023, 13:57 PM
8 October 2023, 11:58 AM

Petromax Refinery leases 13-acre land for storage capacity

The subsidiary of Shahjibazar Power has already signed a lease deal with Mongla Port Authority
8 October 2023, 10:46 AM

Commerce ministry permits import of additional 5cr pieces of eggs

The commerce ministry has permitted five firms to import five crore pieces of eggs in order to increase supply of the protein item and check its prices in the domestic market, it said in a statement today.
8 October 2023, 09:11 AM

BTRC serves notice to two Fiber@Home firms

The telecom regulator has issued a show cause notice to Fiber@Home Ltd and Fiber@Home Global Ltd for running broadband business through illegal and unlicensed internet service providers (ISPs).
8 October 2023, 02:32 AM

Local companies display strength of global standard

The contribution of local construction companies and building material suppliers to establishing the third terminal of the Hazrat Shahjalal International Airport (HSIA) is proof of their capacity to provide world-class products and services, according to industry people.
8 October 2023, 02:00 AM

Heavy rainfall takes toll on vegetable growers

The torrential rain that swept over the country last weekend inundated over 16,400 hectares of cropland, causing losses to many farmers, according to data from the Department of Agricultural Extension (DAE).
8 October 2023, 01:22 AM

SMEs’ struggles running rampant for economic instability

The current macroeconomic instability in Bangladesh is presenting disproportionate challenges for small and medium enterprises (SMEs) compared to larger firms, according to an economist.
7 October 2023, 21:06 PM

Adopt sustainable technologies in agriculture sector

Although climate risks in agricultural production have increased over the years, Bangladesh could not adopt sustainable technologies in rural areas owing to a lack of proper initiatives, analysts said.
7 October 2023, 20:29 PM

Third terminal to open new horizon for overseas trade

The third terminal at the Hazrat Shahjalal International Airport (HSIA) will open a new horizon in handling and air shipment of goods as the new facility is expected to improve the capacity of the cargo village.
7 October 2023, 19:32 PM

Which developing countries face debt crisis?

High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in debt crises. Helping them claw out of this will be a key agenda item at the annual IMF and World Bank meetings in Morocco's tourist hub of Marrakech which kicks off next week.
7 October 2023, 17:58 PM

How do we stabilise forex market?

None in Bangladesh seems to be happy with the present foreign exchange rate and the liquidity situation.
7 October 2023, 17:51 PM

‘Illicit financial flows must stop’

Mostafa Kamal, chairman and managing director of Meghna Group of Industries, says in an interview
7 October 2023, 14:13 PM

SMEs not getting adequate financing for foreign trade: DCCI president

Small and medium enterprises (SMEs) are not getting adequate funds needed to carry out foreign trade despite having the potential to help the country boost exports and overcome the foreign exchange shortage, said Sameer Sattar, president of the Dhaka Chamber of Commerce and Industry (DCCI).
7 October 2023, 11:19 AM

IMF mission unimpressed with NBR’s collection plan  

The visiting mission from the International Monetary Fund was not fully convinced with the plans laid out by the National Board of Revenue on accelerating the tax collection to raise the tax-to GDP ratio by 0.5 percentage points in the current fiscal year. 
7 October 2023, 06:27 AM

Soft opening of Dhaka airport's third terminal tomorrow

Prime Minister Sheikh Hasina will soft launch the much anticipated third terminal of the Hazrat Shahjalal International Airport (HSIA) tomorrow with a slogan of "connecting dreams to reality" for making Bangladesh an aviation hub.
6 October 2023, 10:12 AM

Private coal power plants to avail tax exemption till 2039

Although the country saw a huge year-on-year rise in the amount of foreign loans pledged from abroad in the first two months of the current fiscal year, their disbursements have slightly dropped, showed government data.
6 October 2023, 01:45 AM