Economy
Higher cowhide prices set for Eid-ul-Azha
The government today fixed the price of salt-applied cowhides at Tk 55 to Tk 60 per square foot for the sacrificial animals to be slaughtered during Eid-ul-Azha in Dhaka
Dhaka stocks rise after three days
The key index of the Dhaka Stock Exchange (DSE) bounced back today, snapping a three-day losing streak.
Good news for Bangladeshi travellers from Bhutan
Department of Tourism of Bhutan notified that it has revised its policy for Bangladeshi tourists
Bangladesh wants to start negotiations with China for FTA: Titu
State Minister for Commerce Ahasanul Islam Titu sits with businesses of the two nations
Saarc nations contribute below 1% of remittance to Bangladesh
Of the $21.61 billion remittance Bangladesh received in FY23, only $44.99 million came from Saarc countries
Cheque dishonour case: Evaly’s Rassel, Shamima get 1-yr jail in Ctg
On September 16, 2021, Rassel and Shamima were arrested from their Mohammadpur residence in the capital in a case filed over fraud and embezzlement
Remittance rises 32% in May
$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion
Stocks fall for third straight day
The benchmark index declined 18.29 points from the previous day to 5,233.67
WB to give $500 million as budget support
After the IMF’s loan, the World Bank is now going to provide $500 million in budget support to Bangladesh, double from what it had initially planned, by the end of June, said finance ministry officials.
Janata Bank’s 57pc bad loans taken by 7 firms
Seven large borrowers, including AnonTex, Crescent, Ratanpur, and S Alam groups, account for 57 percent of the total default loans at Janata Bank, highlighting the risks lenders face if a handful of firms eat up most of the credit.
Stocks rise after falling for two days
The broad index of Dhaka Stock Exchange (DSE) bounced back yesterday on falling on the preceding two days.
Bangladeshis consume 136 eggs a year, people in developed countries 400
Experts say at a seminar on “Doctors' dialogue on right to protein”
Smart agriculture practices can increase productivity by 30%: DCCI
Smart agriculture practices can fuel farmers’ income by 40%, the leading chamber said in a seminar on smart agriculture
Cyclone Remal damages Summit’s floating storage and regasification unit
Summit LNG Terminal’s floating storage and regasification unit (FSRU) at Moheshkhali in Cox’s Bazar was hit by a stray broken floating pontoon during the peak of cyclone Remal on Monday, causing damage to the ballast water tank of the FSRU
Bangladesh business environment deteriorated in 2023: survey
Bangladesh’s business environment deteriorated slightly in 2023 compared with 2022, mainly because of sluggish regulatory reforms, weak infrastructure and difficulty in access to finance, according to the Bangladesh Business Climate Index (BBX) released today.
Treasury bond yields climb to 15-year high
The interest rate of treasury bonds recently jumped to a 15-year high of 12.75 percent, indicating that government borrowing will become costlier in the months ahead.
Only 10% of planned economic zones get off the ground in a decade
Only 10 economic zones (EZs) have become operational since the Bangladesh Economic Zones Authority (Beza) rolled out its massive industrialisation plan in 2015, raising questions about whether its goal of setting up 100 enclaves will be materialised on time.
IMF’s $1.15b 3rd tranche likely in late June
Bangladesh may receive $1.15 billion in the third instalment of the International Monetary Fund’s (IMF) loan in the last week of June, which will give a much-needed relief to the country’s dwindling foreign exchange reserves.
