Economy
Reserves fall below $19 billion, first time in 11 months
$1.63 billion of ACU payment was settled today
Deal for country’s second satellite in three months
The satellite, Bangabandhu-2, will be launched in 3 years
Renata ships first drug registered in Australia
The contraceptive pill named Levonorgestrel 1.5 mg is known by its brand name of Novella-1
Poverty reduction rates arithmetically correct. Do they reflect reality?
Bangladesh is doing better than many countries in reducing poverty. However, questions remain whether the data about poverty alleviation match reality, according to Prof Joe Devine, an expert on poverty, inequality, and vulnerability
Bangladesh raises gold prices again
Jewellers have hiked gold prices by Tk 1,831 to Tk 117,281 a bhori (11.664 grammes)
Private sector's short-term foreign debt drops
The debt stood at $11.04 billion in March, $11.07 billion in February and $11.25 billion in January, according to Bangladesh Bank.
State banks struggle while foreign lenders make hefty profit. Here’s why
Why is there such a huge discrepancy between multinational banks and state-run lenders despite operating in the same business environment? The reason is a lack of efficiency in making business decisions, business focus, and political bias.
Saif Powertec not publishing financial reports for 18 months
As a result, general investors remained in the dark about the financial performance of the company during this period.
No headway in curbing banks’ bad assets
The FID later backtracked following criticism from different quarters, including the International Monetary Fund (IMF), about the formation of a public corporation since state enterprises have usually underperformed in the country.
Withdrawals put BASIC Bank in liquidity crisis
BASIC Bank is experiencing a deep liquidity crunch as depositors have been withdrawing money for weeks following news that the state-run lender is going to be acquired by a private commercial bank.
'We must address the rising wealth, social gap'
The social and economic disparity continues to rise in the country and this has to be addressed before things get out of control, said noted economist Dr Hossain Zillur Rahman today
Russell T Ahmed reelected as BASIS president
Russell T Ahmed has been reelected as the president of the Bangladesh Association of Software and Information Services (BASIS) for a two-year term..M Rashidul Hasan was elected as senior vice president of the apex tread body of Bangladesh's ICT industry..It elected two other vice pre
700 TEUs of containers miss shipment at Ctg port
However, workers resumed operations today early morning
Commodity prices to experience slight downturn in 2024 and 2025: World Bank
Commodity prices are projected to experience a slight downturn in 2024 and 2025 but are expected to remain above pre-pandemic levels, according to the World Bank
Haor village in Moulvibazar now a hub for ridge gourd farming
The vast low-lying depressions in the northeastern part of Bangladesh, called haors in Bangla, remain inundated for almost half the year centring the monsoons.
Govt decision on power, gas connections to hurt investment
On March 21, the cabinet committee on economic affairs took the decision not to provide electricity and gas supply to new factories if they are set up in any other places except in government-designated economic zones or industrial enclaves.
PM asks state-run firms to go public
She also directed the secretary to the finance ministry to analyse and identify which of the companies were eligible to get listed.
