Should the value of taka be depreciated?

Over the past year, the value of taka depreciated 3.18% against the US dollar. It is 8.56 percent in India, 30.7 percent in Pakistan and 79.82 percent in Sri Lanka. Depreciation of Maldives...

5h ago| Economy

Price hike, forex reserves: Finance Minister sits with NBR, BB officials

Finance Minister AHM Mustafa Kamal today (May 22, 2022) sat with the top bosses of National Board of Revenue (NBR) and Bangladesh Bank to discuss measures to contain the prices of essentials...

6h ago| Business

Mega projects’ loan payments to make 2027, 2028 tough years: BEA

Bangladesh’s economy should be on guard for 2027 and 2028 from when the country will start to collectively pay back the interest due on four or five foreign loans taken for domestic mega-projects,...

7h ago| Business

89 laboratories being set up for BSTI: industries minister

The government is establishing 89 laboratories to develop Bangladesh Standards and Testing Institution (BSTI) as a world-class institution, Industries Minister Nurul Majid Mahmud Humayun said today.

4h ago| Global Economy

US, S Korea sign pact on supply chains

The United States and South Korea have agreed to work more closely on crucial trade and supply-chain issues, the US Commerce Department announced Saturday.

4h ago| Global Economy

UK and Mexico launch trade talks

Britain and Mexico kicked off negotiations on Friday to pin down a post-Brexit free trade deal, the UK government announced.

Hyundai Motor to invest $10b in US

Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with US firms in advanced technology.

Moody’s cuts Ukraine debt rating, outlook negative

Moody’s on Friday cut Ukraine’s debt rating for the second time in three months and lowered the outlook to negative due to the growing risk the Russian invasion will affect the nation’s debt...

Hyundai to build $5.5b EV plant in US

South Korean automaker Hyundai will build a $5.5 billion electric vehicle and battery plant in the southern US state of Georgia, its governor announced Friday, as President Joe Biden pursued his...

EPB team visits Walton headquarters

Walton has been achieving great success in exporting domestically finished electronics and electrical goods, said Export Promotion Bureau (EPB) Vice-Chairman AHM Ahsan yesterday.