Tanners collect 5 lakh pieces of rawhides in first two days of Eid

Tanners in Bangladesh collected about 5 lakh pieces of rawhides of the sacrificial animals in the very first two days of Eid-ul-Azha.
19 June 2024, 11:00 AM

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

Renata PLC launches new Dermatological Drug in the UK market

Renata has shipped the first consignment of Terbinafine 250 mg tablets, worth £1.5 lakh to the UK market. The product is being supplied directly from its factory located in Rajendrapur, Gazipur.
13 June 2024, 18:39 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

ADB extends $250 million loan to strengthen social protection

The ‘Second Strengthening Social Resilience Program’ will help improve financial inclusion of disadvantaged people
10 June 2024, 14:42 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

PCT to begin operations on Monday

Operational activities at the Patenga Container Terminal (PCT) will officially begin on Monday under Saudi operator Red Sea Gateway Terminal (RSGT), potentially ushering in a modern era of smart and speedy port operations in the country.
8 June 2024, 16:23 PM

Multiple tax rates should be there to whiten black money: Binayak Sen

Setting the tax rate fixed 15 percent to legalise undisclosed money violates tax equity, said Binayak Sen, director general at the Bangladesh Institute of Development Studies
8 June 2024, 13:10 PM

Borrowing from internal sources for budget deficit can fuel inflation: ICAB 

Borrowing from internal sources to meet the budget deficit could lead to a rise in inflation in the next fiscal year, the Institute of Chartered Accountants of Bangladesh (ICAB) said today
8 June 2024, 11:32 AM

Textile millers, garment makers' concerns not addressed in budget: BGMEA

Textile millers and garment manufacturers today expressed concerns that the primary textile and garment sectors will face challenges as many of their issues were not addressed in the proposed budget
8 June 2024, 09:50 AM

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