Oil hits seven-week high on demand hopes, war jitters

Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating conflicts offset an industry report that said US crude inventories unexpectedly rose.
19 June 2024, 13:50 PM

Stocks close higher after Eid vacation

The prime index gained for the third consecutive day
19 June 2024, 13:20 PM

EPIC Group secures $100 million in IFC loans for expansion

$70 million will be sustainability-linked loan and a $30 million green loan
19 June 2024, 07:45 AM

Private ICDs overwhelmed with export containers

Until June 15, some 15,553 TEUs of export containers were lying at the 21 ICDs, much higher from 8,000 on any regular day
15 June 2024, 14:22 PM

Trade via Akhaura land port to remain suspended for 4 days from June 16

Export, import through Akhaura will resume on June 20
12 June 2024, 11:03 AM

Implement SMP regulations to enhance competition in telecom industry

Monopolistic accumulation of market power, especially in terms of price-setting capability, may cause an increase in price and deterioration of quality of service as well as hamper innovation and competition
12 June 2024, 09:05 AM

Raise policy rate to 10% to curb inflation: Ahsan H Mansur

Monetary policy stance should be tight, the economist said in an MCCI-PRI organised post-budget discussion
12 June 2024, 08:02 AM

Bangladesh economy to grow 5.7% in FY25: WB

The World Bank's prediction is much lower than govt projection of 6.75%
11 June 2024, 15:00 PM

Universal pension scheme now has 3,03,176 registrations

Of the total deposits of Tk 86.68 crore, Tk 62 crore has been invested at treasury bonds
10 June 2024, 13:25 PM

Budget ambitious, but achievable: Ficci

But extra duty and tax on telecom, carbonated beverages, water purifiers to hurt potential FDI, it said.
10 June 2024, 12:23 PM

New office hour for bankers after Eid

Office hour 10am to 6pm, transaction hour 10am to 4pm
9 June 2024, 15:13 PM

Walton launches self-made ‘AI Doctor’ feature for smart fridges

Walton today launched an artificial intelligence (AI) based “AI Doctor”, invented by the team at the Walton Research and Innovation (R&I) Centre.
9 June 2024, 14:40 PM

Amnesty for black money: what are the proposed tax measures?

By re-launching the initiative, the government seeks to increase the flow of money into the economy, although such measures failed to yield any fruitful benefit in the past.
9 June 2024, 13:35 PM

Nothing mentioned in budget to stop gold smuggling: Bajus

The baggage rule should be amended to stop gold smuggling, the association said in budget reaction
9 June 2024, 12:36 PM

Inflation, GDP growth targets unrealistic: SANEM

The government has set unrealistic inflation and economic growth targets in the proposed budget for fiscal year 2024-25, said the South Asian Network on Economic Modeling (Sanem) today.
8 June 2024, 09:46 AM

Bangladesh got elected as member of governing body of ILO for 2024-2027

The election took place at the 112th session of the International Labour Conference held in Geneva
7 June 2024, 15:03 PM

RMG export to USA falls 14% in Jan-Apr

Shipment to the American market has been falling for high inflationary pressure
7 June 2024, 14:22 PM

Forex reserves decline by $51 million in a week

The reserves hit $18.67 billion on June 5, down from $18.72 billion on May 29
7 June 2024, 14:03 PM

Journalists boycott BB governor at finance ministry's post-budget event

They made the call as a protest to journalists' entry restriction to BB office
7 June 2024, 13:39 PM

Default loans hit historic high of Tk 1,82,295 crore

Bad loans rose by Tk 36,367 crore in just three months
6 June 2024, 10:51 AM