The saga of ‘easy money’ in Bangladesh

I would deliberately put “black money”, “easy money” earned through political cronyism, or even “unearned income” in the same bracket. .In the world of finance and economics, the term "black money" often raises eyebrows. It alludes to the enormous sums of money that move covertly, out o


Nearly 11,000 Bangladeshi firms members of Dubai chamber

The number of new Bangladeshi companies joining the Dubai Chamber of Commerce has surged 47 percent year-on-year to 1,044 in the first half of this year, said the chamber. .With the latest addition, the total number of Bangladeshi firms registered as members of the Dubai chamber rose to 1


Japanese, Chinese firms to build 370MW solar power plants

Two Japanese companies and one Chinese firm have received approval from Bangladesh to invest in three solar-based power plants..The cabinet committee on purchase gave its nod to the project proposals yesterday. The plants will be built in Dinajpur, Bandarban and Feni..The plants will


Infrastructure for tourism not built in planned way

Infrastructure facilities for the tourism sector in Bangladesh have grown on the basis of demand but not in a planned way, said Jatiya Sangsad Speaker Shirin Sharmin Chaudhury yesterday..“We have to determine the existing demands and build up the tourism sector in a planned way in differen


ATJFB celebrates 11th founding anniversary

Aviation and Tourism Journalists' Forum of Bangladesh (ATJFB), the lone platform of aviation and tourism reporters in the country, today celebrated its 11th founding anniversary coinciding with World Tourism Day

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Former Ctg chamber president, his wife ordered to clear Tk 184 crore default loans

The duo has so far defaulted on loans of Tk 904 crore given by different banks

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Gold prices fall slightly

22-carat gold will be Tk 99,960 a bhori from tomorrow

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Ministries asked to send budget execution plan by Oct 8

The finance ministry made the call through a circular

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Forex reserve shrinks by $300 million in a week

The reserves hit $21.15 billion on Sep 26

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BBS Cables’ profit nosedives 88%

The company’s profit fell to Tk 9.74 crore in FY23 from Tk 80.66 crore in FY22

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Apex Footwear’s profit jumps nearly 21%

The company made a profit of Tk 16.71 crore in FY23

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World Tourism Day: Bandarban celebrates with marathon and procession

People of Bandarban celebrated World Tourism Day today by participating in a mini marathon and bringing out a colourful procession in the district town.

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Tourism festival kicks off in Dhaka

A four-day tourism festival began today in Dhaka to mark the World Tourism Day 2023.

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Supply of day-old chicks drops, leads to price hike of broilers

The price of broiler chicken, one of the biggest sources of protein, has seen a sudden and sharp increase in the retail market due to low supply of day-old chicks (DOCs).

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Arrival of foreign tourists far below potential

Bangladesh is home to the world's longest sea beach as well as the world's largest mangrove forest alongside numerous places of outstanding natural beauty. But despite its potential, the country still could not explore the global markets and attract foreign holidaymakers..Even 52 years aft

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E-commerce to face more scrutiny as BB makes rules to stop fraud

The Bangladesh Bank yesterday introduced a guideline for merchant acquiring, making it mandatory for payment services providers to carry out intense scrutiny before onboarding sellers as it looks to eliminate online frauds and financial crimes..According to the 'Guidelines for Merchant Acq

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‘BB governor worse performer than 70 countries’ central bank chiefs’

New York-based Global Finance magazine finds, reviews performance of central bank chiefs of 102 countries.

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BB fixes interest rate for loans from green fund

The central bank yesterday fixed the interest rate of its US dollar and euro financing from the Green Transformation Fund (GTF) owing to the discontinuation of Libor and the upward trend of the interest rate globally..The Bangladesh Bank operates the fund in the two currencies to extend lo

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