1h ago| Business

Fuel price hike could be avoided: Wahiduddin Mahmud

Bangladesh would hardly need to go for a sudden hike in fuel prices last year had the government waived value added tax (VAT) on petroleum, Eminent Economist Wahiduddin Mahmud said today.

1d ago| Economy

Women entrepreneurs pushing forward economic growth in Pabna

Keya Islam, who lives in Radhanagar village under Pabna sadar upazila, had started her hand embroidery business about a decade ago in order to help provide for her family.

1d ago| Economy

Mobile makers seek more time to preinstall Bijoy

The Mobile Phone Industry Owners' Association of Bangladesh has recently sent a letter to the telecom regulator seeking more time to preinstall Bijoy software, saying that it requires a different set of tests as well as additional investments. 

1d ago| Economy

UCB, Asset Developments trade services

United Commercial Bank (UCB) and the Asset Developments & Holdings have signed two memoranda of understanding (MoUs) recently over payroll services for the developer’s employees and preferential benefits on flat purchases by the lender’s employees. 

1d ago| Stock

Stocks continue upward march

Stocks in Bangladesh yesterday rose for the second day in a row as the International Monetary Fund’s recent decision to provide a $4.7 billion loan has allayed concerns about the country’s potential economic condition in the coming days.

1d ago| Business

LC opening for Ramadan commodities rises in January

The quantity of Ramadan essential commodities to be imported through letters of credit (LCs) increased in January, which will help keep the commodity market stable, Bangladesh Bank said today.

February 4, 2023
February 4, 2023

Fuel price hike could be avoided: Wahiduddin Mahmud

Bangladesh would hardly need to go for a sudden hike in fuel prices last year had the government waived value added tax (VAT) on petroleum, Eminent Economist Wahiduddin Mahmud said today.

February 3, 2023
February 3, 2023

Women entrepreneurs pushing forward economic growth in Pabna

Keya Islam, who lives in Radhanagar village under Pabna sadar upazila, had started her hand embroidery business about a decade ago in order to help provide for her family.

February 3, 2023
February 3, 2023

Mobile makers seek more time to preinstall Bijoy

The Mobile Phone Industry Owners' Association of Bangladesh has recently sent a letter to the telecom regulator seeking more time to preinstall Bijoy software, saying that it requires a different set of tests as well as additional investments. 

February 3, 2023
February 3, 2023

Export earnings defy hard times

Despite the persisting volatility in the global economy and higher  consumer prices in the western markets, Bangladesh’s merchandise shipment grew 5.89 per cent year-on-year to $5.13 billion in January, official data showed yesterday.

February 3, 2023
February 3, 2023

Govt won’t raise fertiliser prices Razzaque says

The prices of fertiliser, seeds and other agricultural inputs will not be raised further to ensure continuous production and sustainable security of food, Agriculture Minister Muhammad Abdur Razzaque said yesterday.

February 3, 2023
February 3, 2023

How to build a Smart Bangladesh

Once upon a time, there was a man who always bragged about his smartness. One day he came across an old man from his village and boasted, “I am the smartest man in the world. Nobody can match my intelligence.”

February 3, 2023
February 3, 2023

Adani’s adversity raises the stakes for India and investors

As Indian tycoon Gautam Adani’s woes deepen and force him to drop a share sale, foreign

February 3, 2023
February 3, 2023

Loan provision rules eased for stock intermediaries

The central bank yesterday relaxed the rules on the provisioning of bank loans to brokerage houses, merchant banks and stock dealers, a move that may make it easier for intermediaries to get credits.    

February 3, 2023
February 3, 2023

BB sells dollar at Tk 101 for first time

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.

February 3, 2023
February 3, 2023

B2B startup ShopUp secures $30m debt financing

Business-to-business (B2B) startup ShopUp yesterday announced that it had secured $30 million in debt financing from both local and global lenders.