Stocks fall for second consecutive day

The DSEX declined 0.99% to end the day at 5,330
29 July 2024, 13:43 PM

A low-growth world is an unequal, unstable world

Long periods of slow economic growth can cause a jump in inequality. But a balanced set of policies can stave off that outcome
29 July 2024, 06:05 AM

NBR misses revenue target for 12th year

The National Board of Revenue (NBR) has fallen short of its revenue collection target for the 12th consecutive year, with experts opining that the existing framework for tax collection is inadequate.
28 July 2024, 18:00 PM

The cost of crisis: Who will bear it?

Violence comes with a hefty price tag for the economy. Beyond the immediate death toll mostly in police shootings, the convulsion of violence that gripped Bangladesh in the middle of this month has left a debilitating impact on the economy.
28 July 2024, 18:00 PM

Mitsubishi to join Honda-Nissan alliance

Japan’s Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper said on Sunday.
28 July 2024, 18:00 PM

Gold price rises

Gold prices rose 1 percent on Friday as US Treasury yields fell on optimism for an interest rate cut by the Federal Reserve in September after data showed US prices rose modestly in June.
28 July 2024, 18:00 PM

India wants to be China’s gateway to the West

India is warming up to its northern neighbour. The South Asian country’s annual economic report recommends courting investment from China rather than integrating into the country’s supply chains. That lays out a way for companies from Shein to BYD to keep selling in Western markets despite rising suspicion towards the People’s Republic. Much depends on how the Sino-American trade war plays out.
28 July 2024, 18:00 PM

Govt to waive port demurrage for RMG raw materials

The shipping ministry yesterday announced that it would waive demurrage charges for imported containers carrying accessories and raw materials for the readymade garment sector which could not be delivered from the Chattogram port as operational activities were hampered for the past seven days.
28 July 2024, 18:00 PM

Window stays open to keep lending rates at low level

There is a lot of talk over a recent hike in interest rates but there is still scope to keep lending rates at a low level, said Md Afzal Karim, managing director of Sonali Bank.
28 July 2024, 18:00 PM

Banks asked to hike USD rate for inward remittance

The move was taken to boost remittance inflow
28 July 2024, 12:51 PM

Mitsubishi to join Honda-Nissan alliance

Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper said on Sunday
28 July 2024, 12:47 PM

Donald Trump may dent but not dethrone King Dollar

Donald Trump says he wants to reverse the strong dollar policy which has underpinned the US economic framework since the early 1990s
28 July 2024, 12:41 PM

Singapore named safest city for tourists, Caracas in Venezuela labelled most risky

Research by Forbes Advisor will be of great interest to travellers who dream of visiting exotic destinations without putting their safety at risk.
27 July 2024, 16:06 PM

Delivery pressure gridlocks Ctg port

Containers got piled up in five layers instead of four
27 July 2024, 13:11 PM

G20 financial chiefs flag global economic 'soft landing', warn of risks from war

G20 financial leaders said on Friday the global economy was likely heading for a "soft landing", but warned wars and escalating conflicts could endanger this outlook, while more global cooperation could make growth stronger..In a joint communique after a two-day meeting in Brazil, finance
27 July 2024, 09:52 AM

Govt may waive rent for delayed delivery of imported goods

State Minister for Shipping Khalid Mahmud Chowdhury gave the assurance today
25 July 2024, 12:55 PM

Container delivery, transport from Ctg port gaining momentum

Online assessment process began Tuesday evening
24 July 2024, 12:13 PM

India lowers development aid allocation for Bangladesh by 40%

The Modi-administration allocated 120 rupees for Bangladesh as development assistance for 2024-25
24 July 2024, 11:23 AM

Waive demurrage charges at ports: FBCCI

It also demanded no new charges to be imposed when shipment begins
24 July 2024, 10:28 AM

Fresh blow to the fragile economy

The countrywide shutdown and subsequent violence centring the quota reform movement crippled business and economic activities for the last three days, dealing a further blow to an economy that is already ailing due to high inflation, falling exports and depleting forex reserves.
23 July 2024, 14:47 PM