Economy

Economy

Bangladesh, WB sign two deals worth $900 million for environment sustainability

These two financial agreements will help Bangladesh achieve green growth: WB country director

18m ago

Explanations sought from 13 banks for higher dollar rate

BB issued letters on Dec 19 and the deadline for explanation ends today

1h ago

Stocks break two-day rising streak

The prime index of the Dhaka bourse fell 0.48% to 5,196 points

3h ago

ACI Motors sells 18.5% stake to Japan’s Mitsui at $22.75 million

Two senior Mitsui executives will join ACI Motors to widen their global reach

4h ago

Penalty less than illegal gains fuels stock manipulation

While fines are intended to deter future offences, questions remain over their effectiveness if the amount is lower than the illegal gain.

21h ago

Drug sales growth slows amid high inflation

Sales growth of drugs slowed down in fiscal year 2023-24 ending last June, which could be an effect of high inflationary pressure prevailing in the country over the last two years.

21h ago

Inflation high as oligarchic grip still haunts economy

Even after the political changeover in early August, the domestic market has been reeling under the influence of oligarchs, according to economist Hossain Zillur Rahman.

21h ago

Japan for reforms to combat corruption

Japan is eager to see reforms that eliminate corruption and improve governance, which are key factors for Japanese companies to invest in Bangladesh, said Japanese Ambassador to Bangladesh Iwama Kiminori.

21h ago

Govt grants Tk 3,000cr for ICB to stabilise stock market

The Investment Corporation of Bangladesh (ICB) has secured a Tk 3,000 crore loan with a state guarantee to bolster the country’s capital market, according to a disclosure on the Dhaka Stock Exchange website.

4d ago

Hasina administration did not heed warnings on economy: Farashuddin

The previous government, led by Sheikh Hasina, ignored repeated warnings from experts on various economic issues in Bangladesh, according to Mohammed Farashuddin, a former governor of the country’s central bank..“The Hasina administration did not heed warnings from economists on the lack o

4d ago

Debapriya Bhattacharya reappointed to the Committee for Development Policy (CDP)

Bhattacharya's new three-year term begins on Jan 1 next year

5d ago

National University to work with country's tourism sector: NU VC

National University Vice-chancellor Professor ASM Amanullah today stressed the need for speeding up development in the country's tourism sector

5d ago

Kamran Tanvirur Rahman re-elected as MCCI president

The leading chamber also re-elected its senior vice president and vice president

5d ago

Renata ships first batch of preventative cardiovascular meds to US

The medicine was manufactured at Renata’s Bangladesh factory approved by the US-FDA

5d ago

Dhaka stocks open upbeat

Total turnover stood at Tk 155.53 crore.

5d ago

Farmers warned of rain on Dec 20-22

The Bangladesh Agro-Meteorological Information Service (BAMIS) has suggested farmers in Khulna, Barishal, Chattogram, Dhaka and Sylhet divisions to take measures to protect their in-field products as the areas could be hit by medium to heavy rainfall on December 20-22 this year.

5d ago

Made in Bangladesh foods tied to diasporas

Bangladesh has been exporting agro-processed foods for over three decades, but the sector has not grown much and still remains highly concentrated within a few countries where Bangladeshi diasporas are the primary buyers. 

5d ago

NBR removes all import taxes on sunflower, canola oil

The National Board of Revenue (NBR) yesterday removed all import taxes on sunflower and canola oils in a bid to encourage imports, boost the supply of edible oil and curb their soaring prices in the domestic market.

5d ago