Business
New UK government faces tough economic challenge
Business —5 July, 2024 15:42
Britain's new Labour government has pledged immediate action to grow the economy after clinching a landslide election victory to oust the Conservatives,…
Govt to procure one cargo LNG from American firm
The Cabinet Committee on Government Purchase (CCGP) on Wednesday…
American Chamber for promoting digital payments
American Chamber of Commerce in Bangladesh (AmCham) has urged…
Benapole Custom House surpasses revenue target by Tk 216cr
Despite dollar shortage, preventing traders from opening letters of credit (LC) as needed, the Benapole CustomHouse exceeded its revenue target for the 2023-24 fiscal year by Tk 216…
Maiden Int'l Jewellery Machinery Expo begins in Dhaka Thursday
An international exhibition of jewellery machinery will begin in Dhaka on Thursday to promote technology integration in traditional jewellery to make the country's gold industry an…
LPG price hiked for July
Price of liquefied petroleum gas (LPG) has increased by Tk 0.31 per kg to Tk 113.86 from the previous price of Tk 113.55 for of July. Bangladesh Energy Regulatory Commission…
Sri Lanka to save $5bn from bilateral debt deal
Sri Lanka will save $5 billion following the restructure of its bilateral debt, much of which is owed to China, through slashed interest rates and longer repayment schedules, the president…
China Southern Airlines to launch Dhaka-Beijing direct flight from July 15
To meet the increasing demand for visits between the two countries, China Southern Airlines will inaugurate a direct flight route from Beijing Daxing International Airport to Dhaka…
Krishi Bank officials embezzle Tk 8.5 million
Bangladesh Krishi Bank’s officials have been sentenced jail for a Tk 8.5 million money embezzlement case in Fultola of Khulna district on Monday. The judgment was handed down…
Chinese entrepreneurs to invest in economic zones
A Chinese delegation from the Quanzhou Maritime Silk Road Industry and Commerce Association expressed their interest in investing in EPZs and the BEPZA Economic Zone (BEPZA EZ). The…
Bangladesh fetches $24 billion remittance in last fiscal
Bangladesh has received $23.915 billion in remittances for the fiscal year 2023-24, ending on June 30, marking the second highest remittance inflow in a fiscal year to date. Md…
Protest against quota system in Dhaka, Jahangirnagar
Students from Dhaka University (DU) and Jahangirnagar University (JU) held protests on Monday against the reinstatement of the quota system in government jobs. At DU, a procession…
Businesses worried about export incentive cut
The government's decision to cut export incentives in the current fiscal year in almost all sectors has garnered mixed reaction from business leaders. The government defends the move…
AIIB to provide $400m to Bangladesh as budget support
The Asian Infrastructure Investment Bank (AIIB) will provide $400 million to Bangladesh as budget support for implementing the 'Climate Resilient Inclusive Development Program- Subprogram1'. In…
Diesel, kerosene prices fall by Tk1 per litre
The government has cut the prices of diesel and kerosene by Tk1 per litre for the month of July in line with the automated price formula. Each litre of diesel and kerosene will be…
Biman to add 32 aircraft to its fleet in 10yrs: new CEO
Biman Bangladesh Airlines has a plan to expand its fleet to 47 aircraft by 2034, adding 32 new planes to enhance itscompetitiveness in the regional aviation market, the carrier's…
Parliament passes Tk 7.97 trillion budget for FY25
The Jatiya Sangsad (JS) on Sunday passed the Tk 7,97,000 crore national budget for FY25 with a prime focus on maintaining economic stability and augmenting steps to materialise the…