Economy

Economy

Govt has no connection with ACC probe of NBR officials

The government has no connection with the Anti-Corruption Commission's (ACC) investigation into allegations against officials of the National Board of Revenue (NBR), said Finance Adviser Salehuddin Ahmed yesterday.

6h ago

Rupali Bank to issue over 45cr shares against govt equity

State-owned Rupali Bank seeks Tk 680 crore government equity infusion

6h ago

11 more banks to face asset quality review

Eleven more banks that were hit by irregularities and scams during the Awami League government’s tenure are set to undergo an asset quality review (AQR) by global audit firms.

7h ago

Customs operations resume at sea, land ports

Import and export activities resumed at sea and land ports across the country yesterday after revenue officials called off their two-day nationwide shutdown on Sunday evening.

10h ago

Part 2 Inside banking / Few banks thrived, others bled in 2024

For three banks, 2024 brought cause for celebration as they crossed the milestone of Tk 1,000 crore in annual profits for the first time. But for nine others, it was a year of reckoning, marked by mounting losses and a desperate fight for survival.

10h ago

New fiscal year starts on positive note but fault lines remain

Perhaps for the first time in several years, policymakers are entering the new fiscal year with a greater sense of ease.

10h ago

Waterlogging hampers operations at Jamalpur BSCIC estate

Businesses inside the BSCIC Industrial Estate in Jamalpur, some 166 kilometres north of the capital Dhaka, are suffering due to dilapidated roads and, most recently, waterlogging caused by dysfunctional and clogged drainage systems.

10h ago

CPD calls for reviewing 31 cancelled solar power deals

The Centre for Policy Dialogue (CPD) yesterday urged the interim government to review its cancellation of 31 letters of intent (LOI) which the past regime signed with potential investors of solar power projects without adopting any tender process.

10h ago

US remittance tax could be a Tk 5,000cr hit for migrants: CPD

A proposed 3.5 percent tax on outbound remittance can raise costs incurred by Bangladeshi migrants sending money back home from the US to nearly Tk 5,000 crore annually, said a local think tank yesterday.

1m ago

Pharma needs diverse financing to unlock full potential: experts

The banking sector alone cannot provide the billions of taka required as investments to reap all the pharmaceutical sector’s potentials, for which a financing mix of equity, foreign direct investment, bonds, sukuk, and others is necessary, suggested analysts..They were addressing an event

1m ago

Berger Paints to issue rights shares to raise Tk 302 crore

With the move, the company expects its free-float share to rise to 10.28%

1m ago

BO account maintenance fee reduced to Tk 150

The fee was reduced to Tk 450 from Tk 500 in 2016

1m ago

BO account maintenance fee reduced to Tk 150

The fee was reduced to Tk 450 from Tk 500 in 2016

1m ago

Bangladesh all set to ship mango to China for first time

The first shipment will be sent tomorrow, and a second will follow if China is satisfied

1m ago

Economy grows 3.97% in FY25, slowest since pandemic year

The estimate is almost close to the projection by the International Monetary Fund’s (IMF) 3.8 percent for the year.

1m ago

Light engineering expo begins in Dhaka on May 29

The Bangladesh Engineering Industry Owners Association and the Export Competitiveness for Jobs Project under the commerce ministry will jointly organise the two-day event

1m ago

Stocks fall for fifth day 

The DSEX lost 41.25 points to close at 4,678.13

1m ago