Business
Taka loses 12.72% value in 2024 as dollar strengthens
Business —2 January, 2025 16:22
The Bangladesh Bank (BB) increased the US dollar exchange rate by Tk12 in 2024, resulting in a 12.72% depreciation of the local currency, the taka, over…

Four killed at Akij Group factory fire
Four workers have been killed in an explosion at a factory of…
BTCL plans single-source solution tender for Rooppur network project
Bangladesh Telecommunication Company (BTCL) has allegedly moved…

Outlook for global economy in 2025
Sveral economists and think-tank generally foresee the global economy to remain resilient despite significant challenges in the coming 2025 while the inflation will ease further. But…

Justice for Grameenphone workers demanded
A group of deprived employees of Grameenphone, a unit of Telenor in Bangladesh, have demanded reinstating jobs of illegally terminated workers of the mobile network operator. The speakers…
Banks in Bangladesh faced catastrophic year in 2024 amid liquidity crisis
Bangladesh’s banking sector endured a catastrophic year in 2024, grappling with an acute liquidity crisis and record-high non-performing loans (NPLs). Depositors’ trust…

Forex reserves cross $24b
Bangladesh's gross foreign exchange reserves have crossed US$24 billion. According to the latest data, foreign exchange reserves amount to $24.8 billion US dollars. …

Bangladesh receives over $2b remittance in 21 days
Expatriate Bangladeshis sent over US$2 billion remittances during the first 21 days of December in the 2024-25 fiscal year. Of this, remittances through state-owned and specialised…

Grameenphone’s terminated workers stage demo, demand reinstating
A group of rights deprived workers of mobile network operator Grameenphone (GP) has demanded reinstating jobs who were forcefully terminated in guise of voluntary retirement scheme…

Current account maintaining virtual balance after 4-month of new govt: BB
Bangladesh Bank (BB) Governor Dr Ahsan H Mansur said the current account, a key component of the country's balance of payments, is maintaining a virtual balance after four months of…

Inflation to come down below 5% by FY26: BB Governor
Bangladesh Bank (BB) Governor Dr Ahsan H Mansur has expressed his optimism that the general point to point inflation rate would come down below 5 percent by the next fiscal year (2025-26).…
VAT exemption on machinery for ship-recycling
The government has exempted VAT, including advance tax, on importing capital machinery for ship-recycling yards to promote environmentally sustainable practices in line with global…

Tk 1 cr+ account holders decline post-political shift: BB report
The number of Tk 1 crore and above account holders in the banking system has decreased following the political changeover on August 5. According to Bangladesh Bank’s (BB) financial…

BEPZA signs agreement with Chinese firm to set up battery plates manufacturing plant
Bangladesh Export Processing Zones Authority (BEPZA) has signed a lease agreement with Bangladesh Prothoma Power Supply Ltd., a Chinese company, to establish a battery plates manufacturing…
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Economic Census 2024 kicks off Tuesday
The fourth Economic Census of the country will start on Tuesday, aiming to have a comprehensive understanding of the structural changes in the nation's economy over time. The…

Move to divest BEXIMCO 16 garment units
The interim government has announced plans to divest 16 ready-made garment companies owned by the loan-defaulting conglomerate BEXIMCO Group. Additionally, several loss-making entities…

Fresh designs, new era: BB to launch new notes
The much-hyped launch of new Bangladeshi currency notes is on the horizon, with denominations of Tk 20, Tk 100, Tk 500, and Tk 1,000 expected to grace the market within the next six…