Linde, Renata surge, sending Dhaka stocks to two-month high
Stocks in Bangladesh climbed 1.6 percent yesterday, driven by a surge in the prices of some blue-chip companies such as Renata PLC and Linde Bangladesh.
5m ago
Govt not using full strength to restore macroeconomic stability
The government is not moving at full throttle in bringing discipline to the banking sector, implementing reforms wholeheartedly, taking measures against syndication, and bringing money launderers under the rule of law, said a top economist.
6m ago
Inflation battle must be at the centre of budget
Fighting raging inflation and putting the economy back on track have not been taken seriously as evidenced from the government’s delayed response, which set the scene for one of the worst economic crises in its history and an unprecedented prolonged period of higher consumer prices, said an economist.
6m ago
It’s time to correct fiscal stance
The government has not addressed the stability issue through its fiscal policy for two years in a row although the economy is in turmoil owing to both external and internal pressures. A noted economist, however, thinks it can bring the situation under better control through the budget in the next fiscal year beginning on July 1.
6m ago
FDI slips but stays above $3b
Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times
6m ago
Bangladesh lowers cash incentive for exporters to prepare for post-LDC era
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
10m ago
No time to waste as new finance minister inherits wobbly economy
The economy is losing momentum. Inflation remains stubborn. Bangladesh is facing deterioration in external buffers, with official reserves falling to $20.18 billion as of January 10, less than half their historic peak in 2021. The currency shock is lingering.
10m ago
July 3, 2016
Auditors recovered Tk 5,834cr in 2014-15
Government auditors recovered Tk 5,834 crore in fiscal 2014-15, down 25 percent from the previous year thanks to
June 22, 2016
Record $2.2b FDI came last year
Bangladesh received its highest ever foreign direct investment of $2.2 billion last year with the manufacturing sector getting the bulk of the investment, according to the United Nations.
June 12, 2016
Singapore hospital invests more in tech upgrade
Mount Elizabeth Novena Hospital in Singapore is investing heavily in technology, skilled professionals and services as the state-of-
June 7, 2016
Entrepreneurship: a way to combat unemployment
Bangladesh should find ways to create entrepreneurs that will help absorb the two million people joining the workforce a year, said an expert.
June 7, 2016
Uber eyes Dhaka roads
Uber, a popular taxi-hailing mobile application, plans to roll out its operations in Bangladesh to provide affordable and flexible services to city-dwellers.
June 7, 2016
Ramadan items dearer
Consumers are paying more for some essentials such as chickpea, sugar, garlic and khesari pulse as their prices have gone up on the eve of Ramadan, which starts today.
June 5, 2016
StanChart brings new credit card with attractive benefits
Standard Chartered has launched a new credit card in Bangladesh to provide customers with a host of attractive
June 3, 2016
Inflation target set at 5.8pc
Finance Minister AMA Muhith yesterday set the inflation target at 5.8 percent for the upcoming fiscal year against the backdrop of a stable local market resulting from a drop in international commodity prices.
June 3, 2016
Super rich have to pay more taxes
The super rich would have to pay more tax as the budget proposed restructuring the surcharge on individual's net wealth and increase the maximum rate up to 30 percent.
June 3, 2016
Infrastructure projects to get $5.7b unspent foreign funds
The government has set a target of using $5.7 billion or Tk 44,463 crore from the unspent foreign aid in the pipeline in the next fiscal year, nearly double that of the outgoing fiscal year, to bankroll some key infrastructure projects.
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