Business
Boeing to cut 10% of workforce as it sees big Q3 loss
Business —12 October, 2024 18:36
Boeing announced that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss amid a machinist strike in the Seattle region.…
Sugar import duty cut by 50%
The National Board of Revenue (NBR) on Wednesday reduced the…
DSEX climbs by 26.99 points on opening session
The Dhaka Stock Exchange (DSE) witnessed an upward trend in…
Automation initiative launched at Chittagong Port
An initiative to introduce automation at Chittagong Port has been announced by Maritime and Textile Adviser Brigadier General (Retd) Dr. M. Sakhawat Hossain. He stated that automating…
Govt to issue Tk 5000cr bonds to clear power sector dues
The government is set to issue new bonds worth Tk 5000 crore to address pending payments to private power producers, according to official sources. The move is currently awaiting…
Bangladesh economy to rebound over coming year: HSBC
Macroeconomic adjustments undertaken in recent months and robust economic fundamentals will pave the way for growth to rebound Bangladesh’s economy over the coming year, observed…
India-Bangladesh trade via Benapole to remain suspended for 5 days
Trade between Bangladesh and India through the Benapole land port will remain suspended for five days from October 9 due to Durga Puja, the largest religious festival of Hindus. Despite…
Bangladesh received a $425mn remittance in 5 days of Oct
Bangladesh received inward remittance of US $ 425 million in five days of October, showing an uptrend of $100 million remittance flow year-on-year. According to Bangladesh Bank's latest…
Plan to redesign banknotes, removing Sheikh Mujibur Rahman's image
The interim government of Bangladesh has announced a significant redesign of the country’s currency, starting with the Tk 20, Tk 100, Tk 500, and Tk 1000 denominations. Notably,…
Businesses call for full restoration of law & order
Business leaders at a roundtable here today called upon the interim government for restoring fully the law and order especially in the industrial belts, lowering interest rates and…
Carew & Company plagued by malpractices
Irregularities including theft and missing of goods at Carew & Co. (Bangladesh), a traditional industry in the southwestern district of Chuadanga’s Darshana, have become…
NBR forms 7-member taskforce to reform income tax law
The National Board of Revenue (NBR) has formed a task force to reform the income tax law with the objective of making the rules people- and business-friendly. Talking to BSS,…
China keen to import sea fishes, jute products from Bangladesh
China has expressed keen interest to import sea fishes, shrimps, crabs, jute products and mangoes from Bangladesh. The interest was revealed as Chinese Ambassador to Bangladesh Yao…
3 weak banks receive Tk 945cr liquidity support
In a significant move to address the ongoing liquidity crisis in Bangladesh's banking sector, three financially stable banks have extended loan support to their weaker counterparts.…
Inflation down slightly to 9.92% in Sept
The general point-to-point inflation rate eased further last month as it reached 9.92 percent in September down from 10.49percent in August, 2024 due to downtrend in both food and…
12kg LPG cylinder price hiked by Tk 35
Price of liquefied petroleum gas (LPG) has been further increased to 121.32 per kg from the previous price of Tk 118.44 for the month of October. The new prices will be effective…
Expatriates eye investment in pharma, healthcare, agriculture, and HR
The Bangladeshi expatriate businessmen living in Europe have expressed their keen interest to invest in the country's pharmaceuticals, healthcare, agriculture, processed food, education,…