Payment for foreign loans surges 44% in Jul-Apr

The principal amount plus interest payments for foreign debt rose to $2.81 billion this year, up from previous year’s $1.95 billion
26 May 2024, 14:41 PM

‘Bangladesh hardly utilising Asian regional trade potential’

Finds a study conducted by former Bangladesh Bank governor Atiur Rahman
26 May 2024, 13:23 PM

Tk 13 crore goods sold at SME fair

Entrepreneurs bagged orders worth Tk 20 crore
25 May 2024, 14:35 PM

Cut spending to save money: Wahiduddin Mahmud

Implementing development project with borrowed money not a good idea, he said at a debate contest of the Debate for Democracy
25 May 2024, 12:22 PM

Dhaka Motor Show begins in Purbachal

175 companies from 17 countries are taking part in the show
23 May 2024, 14:11 PM

Bangladesh can ship $1 billion woollen sweaters by 2030: exporters

Two Uruguayan wool exporters are currently visiting Bangladesh
23 May 2024, 12:50 PM

Shipping cost keeps upward trend as Red Sea Crisis lingers

Shafiur Rahman, regional operations manager of G-Star in Bangladesh, needs to send 6,146 pieces of denim trousers weighing 4,404 kilogrammes from a Gazipur-based garment factory to Amsterdam of the Netherlands.
22 May 2024, 15:57 PM

Forex with banks on the decline

Foreign currencies held by commercial banks in Bangladesh are on the decline due to high demand, indicating growing pressure on the country’s external sector.
21 May 2024, 16:40 PM

Tk 258 crore street lighting project okayed

Ecnec approved the project titled “Modernisation of City Street Light System under Chattogram City Corporation”
21 May 2024, 14:38 PM

‘Tax exemption on IT sector to continue’

PM’s Adviser Salman F Rahman says at BASIS event
21 May 2024, 14:08 PM

AI starts to replace entry-level IT jobs in Bangladesh

It was a pretty good project for SkyTech Solutions for the last few years: generating earnings of $8.5 per hour for each of over 50 people.
21 May 2024, 01:00 AM

Lending through agent banking rises 41%

Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year
20 May 2024, 18:05 PM

BB lets bankers offer existing dollar rate to exporters

In its effort to arrest the fall in forex reserves and bring unrealised export proceeds into the country, the Bangladesh Bank today allowed bankers to offer the existing US dollar exchange rate to exporters.
20 May 2024, 16:55 PM

ABB clarifies reasons of bank MDs' USA visit

26 managing directors are going on invitation to attend Annual US-Bangladesh Bilateral Banking Dialogue
20 May 2024, 16:18 PM

Achieving $110b export target by FY27 is difficult

The government’s target of earning $110 billion from exports by the fiscal year of 2026-27 would be difficult to attain because of the persisting challenges in the global and local economies, economists and businesspeople said.
20 May 2024, 01:30 AM

BGMEA seeks extension of EU's Everything but Arms facility

EU ambassador meets BGMEA president in Dhaka
19 May 2024, 15:09 PM

Banglalink’s revenue rises to Tk 1,544 crore in Jan-Mar

The revenue grew thanks to a significant expansion in subscriber base
19 May 2024, 12:35 PM

Govt brings down ADP for a lack of fund

The government is currently faced with a lack of funds, evidenced by a reduction in allocations it provided from the exchequer for the upcoming Annual Development Programme (ADP), said Fahmida Khatun, executive director of the Centre for Policy Dialogue.
19 May 2024, 02:00 AM

Developing effective ESG compliance strategy a must now: DCCI

Analysts discuss environmental, social and corporate governance (ESG) compliance strategies at Dhaka Chamber event
18 May 2024, 13:16 PM

Business leaders call for interest rate ceiling

The Bangladesh Bank told businesspeople that the lending rates will not exceed 14 percent, according to the leaders of several trade bodies.
16 May 2024, 16:30 PM