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Business

Inflation slightly down in January

Business —4 February, 2025 22:54

The general point-to-point inflation rate in Bangladesh slid down to single digit again, thanks to the winter season food supply. It slightly eased in January…

Saudi firm interested to transform Matarbari into regional mega port

Red Sea Gateway Terminal, a Saudi-owned company, on Friday…

VAT on hotels, restaurants to be revised to previous level: NBR

The National Board of Revenue (NBR) has decided to revise the…

NESCO officials' fraudulence in ADB project

A group of officials of Northern Electricity Supply Company (NESCO) have allegedly been involved in altering technical of specification of a project of Asian Development Bank (ADB)…

Money laundering stopped due to transparency in banking sector: BB Governor

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur on Saturday said that money laundering from the country has been halted due to the implementation of good governance in the banking…

BEZA eyes $5.5b investment by 2026

The Bangladesh Economic Zones Authority (BEZA) expected that five economic zones would draw US$5.5 billion worth investment by 2026. The economic zones are National Special…

Grameenphone’s terminated workers continue demo in second phase

A group of workers from mobile network operator Grameenphone (GP), a unit of Telenor in Bangladesh, has continued demonstration in the second phase demanding the reinstatement of employees…

MDs of Bangladesh’s 6 crisis-hit banks sent on forced leave

The Managing Directors (MDs) of six crisis-hit banks have been placed on compulsory leave to facilitate an international audit, as instructed by Bangladesh Bank (BB), officials said.…

VAT hike won't impact on prices of essentials: Salehuddin

Finance Adviser Dr Salehuddin Ahmed today said increase of value-added tax (VAT) on 43 goods and services will not significantly impact overall inflation or prices of essentials. …

Taka loses 12.72% value in 2024 as dollar strengthens

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 the year. A central…

December remittances hit $2.5bn

Expatriate Bangladeshis sent home a record US$2.64 billion as remittances in December, which was around 32 per cent higher than the corresponding month of the previous year. …

Chief Adviser opens Dhaka International Trade Fair

Chief Adviser Professor Dr Muhammad Yunus today inaugurated the 29th Dhaka International Trade Fair (DITF)-2025 at the Bangladesh-China Friendship Exhibition Center in Purbachal. …

BB to fix single exchange rate for US dollar soon

Bangladesh Bank (BB) is set to introduce a single exchange rate for the US dollar, aiming to enhance transparency in dollar trading across banks. Throughout 2024, the central…

Four killed at Akij Group factory fire

Four workers have been killed in an explosion at a factory of Akij Venture, an unit of Akij Group factory in Habiganj’s Bahubal Upazila during gas line repairs.Another person…

BTCL plans single-source solution tender for Rooppur network project

Bangladesh Telecommunication Company (BTCL) has allegedly moved to float a tender targeting US-based venture for a project named “Establishing External Telecommunication Network…

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…