Oil prices slipped by about 1 percent on Monday, with the market downplaying the risk of broader regional conflagration after Iran's weekend attack on Israel.

The ADB’s projection comes days after the Bangladesh Bureau of Statistics said economic growth in the October-December quarter of fiscal 2023-24 halved to 3.78 percent, the slowest pace in three quarters, as manufacturing output growth declined sharply owing to reduced domestic consumption.

BGMEA President SM Mannan Kochi says in a press briefing today

The cabinet committee on economic affairs says

Some 70% have already paid festival bonus, Industrial police say

Leather exports rose 9.8% year-on-year in Jul-Mar of FY24

On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.

Bangladesh should expedite the making of garments from man-made fibre (MMF) as it will account for 60 percent of the value of globally traded garments items in 2030 compared to 50 percent in 2022, according to a study.

Despite the 10 percent growth in March, shipment is still 0.88 percent short of the monthly target at $5.14 billion

The central bank of Bangladesh has tightened the monetary policy but its transmission has been hindered by the SMART lending rate cap since it slows pass-through to lending rates due to the use of a moving average, the World Bank said in a report today.  

The National Board of Revenue (NBR) has issued a gazette notification stipulating that imports have to be declared well in advance of the previous deadline for notifying of their arrival, all to reduce false declarations and enable quick releases.

Local retailers post up to 65% rise in monthly scooter sales

There are over 4,000 orchards dotting the district

The central bank said in quarterly review on money and exchange rate

It hit $19.45 billion on March 27, down from $19.98 billion on March 20

The plants are located in Dhaka’s Ashulia, Narshingdi’s Madhabdi and Cumilla’s Chandina

Gazipur-based APS Knit Composite Ltd scored 71 out of 110

The Putin administration will take 60 workers initially and more in phases

Other power plants, regardless of ownership, enjoy similar duty benefits

The new rate comes two days after a price cut