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Business

Inflation in Bangladesh climbs to 11.38% in Nov

Business —5 December, 2024 15:01

The general point-to-point inflation rate in Bangladesh rose in November reaching 11.38 percent, up from 10.87 percent in October 2024. This rate…

Inflation in Bangladesh climbs to 11.38% in Nov

Interim govt expects $6b in funding commitments by June

Finance Adviser Dr. Salehuddin Ahmed on Tuesday said the government…

BB approves Tk 3,000cr low-interest loan for ICB

The Investment Corporation of Bangladesh (ICB) has received…

Chinese firm to invest $19.53m in Mongla EPZ

Bangladesh BaoRui Textile Co. Ltd., a Chinese company, is set to invest US$ 19.53 million in Mongla Export Processing Zone (Mongla EPZ) to establish a composite textile manufacturing…

Bangladeshi expatriates remit $2.2b in November

Bangladesh received US $2.2 billion in inward remittance in November through the official channel, which is 12.25 percent more year-on-year. Bangladesh Bank's (BB) latest remittance…

Maximum interest rate on credit cards raised to 25%

Bangladesh Bank (BB) has fixed the maximum interest rate on credit cards at 25 percent from 20 percent after banks insisted the central bank raise the rate to recover operation costs.…

Interest grows among Japanese firms to invest in Bangladesh: JETRO

Japan External Trade Organisation (JETRO) Dhaka Country Representative Yuji Ando said Japanese firms have started to show interest to invest in Bangladesh as political situation is…

BB provides Tk 22,500cr liquidity support to banks

The Bangladesh Bank (BB) has provided Tk 22,500 crore in liquidity support to several banks facing a liquidity crunch, said Governor Dr Ahsan H Mansur on Thursday. Speaking at a press…

Economy gradually recovering after July-August movement: MCCI

The Metropolitan Chamber of Commerce and Industry (MCCI) has said the economy has been gradually recovering despite the political instability after the July-August movement. In its…

Teletalk launches trial online SIM service

Teletalk Bangladesh Limited, the country’s sole state-owned mobile operator, has launched its trial online SIM service.The service started on Wednesday as part of a commercial…

Malaysia requested for supplying palm oil ahead of Ramadan

Bangladesh has requested Malaysia to take necessary measures as early as possible to supply refined palm oil to Bangladesh through the Trading Corporation of Bangladesh (TCB) under…

Local firms can tie up globally for LNG supply

Local companies now have the opportunity to collaborate with prospective international spot suppliers through joint ventures to ensure a steady supply of LNG to Petrobangla, fostering…

Nasreen Awal appointed Mongolia’s Honorary Consul General

Nasreen Fatema Awal, a renowned businesswoman and the founding president of the Women Entrepreneurs Association of Bangladesh (WEAB), has been appointed as the Honorary Consul General…

BIDA chief invites Chinese investors in post-US election landscape

Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun has invited China-based manufacturers to invest in Bangladesh in the wake…

DSE index marked downward trend last week

Bangladesh's stock market showed a downward movement last week as it lost 130.75 points and stable market to level 5198. The percentage change for the broad index was 1.70 percent.…

ATAB, Beijing tourism bureau ink MoU

The Association of Travel Agents of Bangladesh (ATAB) and the Beijing Culture and Tourism Bureau today signed a Memorandum of Understanding (MoU) in Beijing to promote bilateral tourism…

US charges billionaire Gautam Adani for bribery

An Indian businessman who is one of the world’s richest people has been indicted in the US on charges he duped investors by concealing that his company's huge solar energy project…