42m ago| Economy

Sirajganj backwater turns into blanket-making hub

Taravanu Begum, a middle-aged woman in Paikartoli village in Sirajganj’s Kazipur upazila, lost her homestead to river erosion and was compelled to take shelter at the flood protection embankment area a few years ago.

1h ago| Economy

Summit: a major player in ICT infrastructure

When one talks about Summit Group, it should come as no surprise that the conglomerate has solidified its position in Bangladesh’s power industry while its chairman, Muhammed Aziz Khan, has been listed by Forbes as one of the richest men in Singapore.

9h ago| Economy

Govt extends tariff benefit by 3 months

The National Board of Revenue (NBR) yesterday extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.

11h ago| Business

‘Next 10 years crucial for Bangladesh to fight climate change, poverty’

The next ten years are crucial for Bangladesh to prepare, adapt and transform societies, economies and all ecosystems as the world is now facing triple and interconnected crises: the climate emergency, rapid damage to biodiversity and extreme poverty, FBCCI President Md Jashim Uddin said.

12h ago| Business

Tk 5,000 crore scheme launched for capital machinery purchase

Bangladesh Bank today rolled out a Tk 5,000 crore refinance scheme to help borrowers procure environment-friendly capital machinery.

13h ago| Business

Leather goods export to hit $10 billion by 2030: Munshi

Leather and leather goods export from Bangladesh will rise by 10 times to $10 billion by 2030 from the existing $1 billion, Commerce Minister Tipu Munshi said today.

December 8, 2022
December 8, 2022

Summit: a major player in ICT infrastructure

When one talks about Summit Group, it should come as no surprise that the conglomerate has solidified its position in Bangladesh’s power industry while its chairman, Muhammed Aziz Khan, has been listed by Forbes as one of the richest men in Singapore.

December 8, 2022
December 8, 2022

Leather goods export to hit $10b by 2030: Munshi

Leather and leather goods export from Bangladesh will rise by 10 times to $10 billion by 2030 from the existing $1 billion, Commerce Minister Tipu Munshi said yesterday.

December 8, 2022
December 8, 2022

Withholding tax can be paid online: NBR

Taxpayers will not only be able to pay withholding tax online but also prepare returns and file those electronically too, said the National Board of Revenue (NBR) yesterday. 

December 8, 2022
December 8, 2022

Bangladesh again demands GSP revival at Ticfa meet

Bangladesh has again demanded the reinstatement of the Generalised System of Preferences (GSP) of the US at a 6th Trade and Investment Cooperation Forum Agreement (Ticfa) meeting held in Washington on Tuesday. 

December 8, 2022
December 8, 2022

Most stocks fail to attract buyers

Most of the stocks failed to attract any investor yesterday as the buyers think share prices may fall further if the rumour on the stockmarket regulator lifting the floor price becomes true.

December 8, 2022
December 8, 2022

PPP projects attracted $6.74b investments

Public Private Partnership (PPP) projects in Bangladesh have attracted investments of $6.74 billion, with a majority in the energy sector, according to the Asian Development Bank (ADB).

December 8, 2022
December 8, 2022

BB injects another Tk 1,250cr into two Islamic banks

Two shariah-based banks yesterday borrowed Tk 1,250 crore more under a Bangladesh Bank’s arrangement named “Islamic Bank Liquidity Facility” (IBLF).

December 8, 2022
December 8, 2022

NPL much higher than reported

The amount of non-performing loans (NPLs) is likely to be much higher than that reported as the process does not fully take into account effects of scams and losses incurred by merchant banks due to the bursting of the stock price bubble, said a top economist at the unveiling of a book yesterday. 

December 8, 2022
December 8, 2022

BB rolls out Tk 5,000cr for capital machinery purchase

Bangladesh Bank yesterday rolled out a Tk 5,000 crore refinance scheme to help borrowers procure environment-friendly capital machinery.

December 8, 2022
December 8, 2022

Govt extends tariff benefit by 3 months

The National Board of Revenue (NBR) yesterday extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.