Economy

Economy

Dhaka stocks down slightly    

Total turnover stood at Tk 169.05 crore.

1h ago

IMF to crank up pressure to boost tax collection

The International Monetary Fund is set to tighten the noose on the Bangladesh government over its dismal revenue mobilisation...

14h ago

Small businesses to face tougher times as VAT threshold lowered

Economists and businesses criticised the timing of the NBR’s decision, as people have been struggling with above-9-percent inflation for nearly two years.

14h ago

Local airlines worried over excise duty hike

The government’s recent decision to increase excise duty on domestic and international air tickets will have a serious negative impact on the aviation market, especially domestic passenger growth, said top officials of the country’s air operators.

14h ago

VAT, tax hikes: Short-sighted state policies to hurt people

The recent decisions of the interim government—tax hikes and the suspension of the TCB truck sale programme—clearly reflect the short-sightedness and inconsistency in state policies.

14h ago

Trade deficit narrows in Jul-Nov

Bangladesh’s trade deficit in the first five months of the current fiscal year was 20 percent, or $1.97 billion, lower than in the same period of the previous fiscal year.

14h ago

Consensus reached for BGMEA polls in April

The administrator and two panels of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have reached a consensus to hold the election of the garment exporters’ platform in April this year.

14h ago

Financial inclusion evolves with focus on rural Bangladesh

Financial inclusion in Bangladesh is evolving, as evidenced by the increasing penetration of agent banking, mobile financial service (MFS), and no-frills accounts (NFAs), alongside a strong commitment to rural outreach, according to

14h ago

Sonali to auction assets of Alltex Industries

Sonali Bank has decided to sell the assets of Alltex Industries through auction in a bid to recover unpaid loans of the listed textile producer.

1m ago

Janata moves to recover Tk 1,260cr from AnonTex

Janata Bank is set to auction the mortgaged assets of Simran Composite Ltd

1m ago

Mystery, volatility, Trump: the Bitcoin phenomenon

Despite being the world’s most famous cryptocurrency, Bitcoin -- whose value on Thursday passed $100,000 for the first time -- has always been surrounded by mystery and controversy.

1m ago

Accountants and accountability

South Asia relies heavily on professional accountants for governance, financial transparency, and regulatory compliance and yet the availability of these experts is scarce.

1m ago

Jiban Bima announces Tk 600cr in bonuses, settlements

It was announced at the 631st meeting of the life-insurer’s board of directors today.

1m ago

Abul Khayer Hiru and associates fined Tk 134 cr for stock manipulation

The recent fine relates to three incidents of market manipulation

1m ago

MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

1m ago

Finance Adviser launches SICIP

Putting more emphasis on industry-academia collaboration, Dr Salehuddin said that that the conglomerates and business houses of the country need to invest more in research and development.

1m ago

Stocks down, end three-day rally 

DSEX lost 6.62 points as of 11:46 am 

1m ago

Inflation hits four-month high

Rises to over 11% for second time this year 

1m ago