BASIC Bank employees want merger with another state bank

They submitted a memorandum to Bangladesh Bank governor
16 April 2024, 14:11 PM

IMF lowers Bangladesh’s economic growth forecast

Bangladesh economy to grow 5.7% in FY24, the lender says
16 April 2024, 13:44 PM

PepsiCo brightens Ramadan through 'Filling Hearts' initiative in Bangladesh

It is an extension of PepsiCo's pep+ (PepsiCo Positive) ambition and the 'Food for Good' platform
16 April 2024, 12:52 PM

Refiners want Tk 10 hike in edible oil price

They want to sell soybean oil at Tk 173, loose palm oil Tk 132 and five-litre cans at Tk 845
16 April 2024, 08:20 AM

Apple CEO Tim Cook arrives in Vietnam to meet users, boost supplier ties

Apple CEO Tim Cook arrived in Hanoi on Monday, starting a two-day visit to Vietnam, a key manufacturing hub for the iPhone maker, during which he is expected to meet students and content creators, state media said.
15 April 2024, 13:40 PM

Credit card use slightly down in Feb

Plastic money transactions fell 4.77% to Tk 3,057 crore
15 April 2024, 13:26 PM

Dhaka stocks see massive fall after six-day holiday

It lost 1.45% to close at 5,778.76 points
15 April 2024, 12:18 PM

BB gets five merger proposals from banks

No new proposal will be accepted before the completion of the five, BB says
15 April 2024, 11:27 AM

All member factories completed paying March salary, Eid bonus: BGMEA

BGMEA President SM Mannan Kochi says in a press briefing today
10 April 2024, 09:12 AM

Economy grows by 3.78% in Oct-Dec, slowest in three quarters

The Bangladesh Bureau of Statistics says in quarterly GDP estimate
9 April 2024, 15:46 PM

Govt seeks duty-free access to Brazil

Bangladesh has sought duty-free access for its products shipped to Brazil to reduce the bilateral trade gap.
8 April 2024, 18:00 PM

New industries outside economic zones will not get electricity, gas

The cabinet committee on economic affairs says
8 April 2024, 14:04 PM

IFC provides $30m in loans to PRAN Group amid dollar shortage

IFC is providing $30 million in Pran Dairy Ltd (PDL) and Habiganj Agro Ltd (HAL), concerns of PRAN Group, to support their businesses severely impacted by the shortage of US dollars in Bangladesh
8 April 2024, 08:13 AM

Mobile operators call for restructuring taxation

Telecom operators and experts in Bangladesh yesterday demanded restructuring taxation in the sector, arguing that the rates in place are not only limiting the sector’s growth, but also potentially hindering the implementation of “Smart Bangladesh”.
7 April 2024, 18:00 PM

70% factories yet to pay March salary

Some 70% have already paid festival bonus, Industrial police say
7 April 2024, 15:45 PM

Leather shipment recovers, fetches $100 million in 9 months

Leather exports rose 9.8% year-on-year in Jul-Mar of FY24
7 April 2024, 14:20 PM

Can merger be panacea for banking sector’s ills?

The merger guideline for banks and financial institutions is being hailed as a major step towards fixing the problem in the financial sector, which has been weighed down by massive default loans and weak corporate governance.
7 April 2024, 01:40 AM

BB's support helping banks avert pre-Eid liquidity crunch

Although banks in the country normally face a liquidity shortage due to cash withdrawals ahead of Eid-ul-Fitr each year, a majority of them have sufficient funds on hand this time around thanks to continuous liquidity support from Bangladesh Bank.
7 April 2024, 01:30 AM

FBCCI's plea for tariff protection devoid of reality

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.
7 April 2024, 01:00 AM

Telenor to stay in Bangladesh for long

Telenor, the parent company of leading mobile phone operator Grameenphone, has a long-term commitment to the Bangladesh market.
6 April 2024, 18:08 PM