Business


Stocks rebound after 4-day fall

Business —29 October, 2024 18:34

Trading in the Dhaka Stock Exchange (DSE) rebounded on Tuesday, with all indexes closing higher as the prices of 312 companies rose after a four-day decline.…

Stocks rebound after 4-day fall

EU sees opportunities in Bangladesh's rapid renewable energy expansion

Ambassador of the European Union (EU) to Bangladesh Michael…

EU sees opportunities in Bangladesh's rapid renewable energy expansion
BGMEA held meeting to prepare a fair voter list

A meeting of the support team to assist administrator to Bangladesh…

BGMEA held meeting to prepare a fair voter list

BB eases import rules for industrial establishments without LC

BB eases import rules for industrial establishments without LC

Bangladesh Bank has introduced new measures to simplify imports for industrial establishments, allowing them to proceed without a traditional letter of credit (LC) through a letter…

Prices of essentials now lower than last year's

Prices of essentials now lower than last year's

 Due to the steps taken by the interim government, the prices of essential commodities, including egg, fish, broiler chicken, atta (flour), beef, powder milk, sugar, tomato and…

NBR mandates e-return submission for govt employees

NBR mandates e-return submission for govt employees

The National Board of Revenue on Wednesday issued an order to make online filing of income tax returns (e-Return) mandatory for government employees under the jurisdiction of income…

BB hikes policy rate to 10 percent

BB hikes policy rate to 10 percent

Bangladesh Bank has increased the policy or repo rate further by 50 basis points to 10 percent for containing inflation. It will be effective from October 27, the central bank…

New MDs for 10 public banks proposed  

New MDs for 10 public banks proposed  

The Ministry of Finance has proposed the appointment of new managing directors (MDs) for 10 state-owned banks as part of ongoing reforms in the banking sector, officials announced…

Expatriates remit $1.53 billion in 19 days

Expatriates remit $1.53 billion in 19 days

Expatriate Bangladeshis sent around $1,532.66 million remittances during the first 19 days of October in the fiscal 2024-25. Of this, remittances through state-owned and specialised…

New committee to probe corruption and market manipulation

New committee to probe corruption and market manipulation

To stabilize Bangladesh's capital market and protect investors, the government has established a committee to probe past irregularities, corruption, and market manipulation, particularly…

EPB Vice Chairman appointed as BGMEA administrator

EPB Vice Chairman appointed as BGMEA administrator

The government has appointed Export Promotion Bureau (EPB) Vice Chairman Md Anwar Hossain as the administrator to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).…

Tk 3.61cr revenue earned from Sundarbans tourism in 2023-24FY

Tk 3.61cr revenue earned from Sundarbans tourism in 2023-24FY

Over 2 lakh local and foreign tourists visited the Sundarbans in fiscal 2023-24, helping the government earn Tk 3.61 crore as revenue from the world's largest mangrove forest, officials…

Govt to procure 55 lakh liters soybean oil, 1.50 lakh tonnes fertilizer

Govt to procure 55 lakh liters soybean oil, 1.50 lakh tonnes fertilizer

The government has approved separate proposals for procuring some 55 lakh liters of soybean oil and 1.50 lakh metric tons (MTs) of fertilizer to meet the growing demand of the country.…

Six struggling banks receive Tk 1,640 crore in liquidity support

Six struggling banks receive Tk 1,640 crore in liquidity support

Six financially weak banks, grappling with liquidity crises, have reportedly received a total of Tk 1,640 crore in loans by three stronger banks. Sources at the Bangladesh Bank said…

Commodity prices soar despite subsidies

Commodity prices soar despite subsidies

Bangladesh is struggling with a surge in the prices of essentials such as sugar, lentils, and soybean oil, despite significant government subsidies. Last week, the government released…

RMG suffers around $400m losses in labour unrest: BGMEA

RMG suffers around $400m losses in labour unrest: BGMEA

Bangladesh's garment industry suffered an estimated production loss of around $400 million due to the recent workers’ unrest in September and October in Savar, Ashulia, and Gazipur.…

BB simplifies forex rules

BB simplifies forex rules

Bangladesh Bank (BB) has simplified foreign exchange rules through three separate circulars, allowing banks to remit different types of payments abroad without its approval. The rules…