Bangladesh Customs to play pioneering role in strengthening economic base: CA
"In building a changed Bangladesh, I think that Bangladesh Customs will infuse dynamism in the country's economy through simplifying further import and export operations and ensuring safe supply of commodities,"
WTO chief says to help Dhaka in LDC graduation, attract supply chains
Referring to Bangladesh's impending graduation from the LDC category, Dr. Ngozi said that the WTO would make sure that the process is "smooth"
Bangladesh’s high growth under ousted Hasina was ‘fake’, Yunus says
Hasina has been credited with turning around the economy and the country's massive garments industry during her 15 years in power
DSEX index gains over week, but banking sector remains weak
A weekly analysis of the DSE report reveals that during the five trading days, both the share prices and turnover in the banking sector declined
Forex reserves dip below $20 billion amid import costs
Despite improvements in remittance inflow and export revenue, Bangladesh's foreign exchange reserves have slipped below $20 billion due to rising import expenses and debt repayments
Potato and poultry prices drop a little but sharp rise in rice costs persists
A surge in new potato supplies has led to a price drop, while rice prices continue to climb, adding to the overall burden on consumers
Cenbank charts path to global best practices for loan classification
Bangladesh Bank introduces a roadmap for implementing IFRS 9-based loan provisioning by 2027, aiming to enhance financial resilience, align with global standards, and boost transparency in the banking sector
World's largest port handlers eye big investment in Bangladesh
DP World CEO said they want to invest in New Mooring Container Terminal, aiming to reduce congestion in Chittagong Port and reduce emissions to increase the efficiency of the port
Touhid for narrowing trade gap, fostering regional connectivity with China
Hossain outlined a forward-looking vision for global peace, emphasising the significant role of economic cooperation as a cornerstone for sustainable development and stability.
Keya Cosmetics announces permanent closure of factory operations
The company cited market instability, discrepancies in accounts with its bank, shortages of raw materials and declining production activities as the primary reasons behind the decision
WB allocates additional $30 million to bolster Bangladesh’s energy sector
Bangladesh secures an additional $30 million (Tk367 crore) from the World Bank to enhance the power transmission network in the eastern region
Despite falling prices RMG exports to EU see modest growth
Bangladesh’s apparel exports to the EU increased in both value and volume in 2024, but declining unit prices posed profitability challenges amid fierce global competition
IMF delays decision on Bangladesh's $4.7 billion loan tranche until March
Bangladesh has requested an increase of $750 million in the overall $4.7 billion package
Bangladesh eyes Pakistan for fruit and agricultural imports
Bangladeshi traders see significant opportunities in importing fruits and agricultural products from Pakistan to meet year-round demand, including during Ramadan
Govt to import 10 lakh tonnes of rice and wheat to stabilise market: Adviser
The imports are set to bolster food stock and curb price fluctuations, said Food Adviser Ali Imam Majumder
NBR reverses VAT hikes
The government plans to reverse recent VAT and supplementary duty hikes on several key services following widespread protests, though the IMF warns of significant revenue losses
Instability, high costs deter global firms from Bangladesh’s offshore oil exploration
Several multinational oil companies have outlined reasons for not submitting bids for Bangladesh's deep-sea oil and gas exploration, with concerns ranging from high costs to political instability
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Top News
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- 3Trump, at zenith of power, moves quickly to 'take over' Washington
- 4Sunny skies to rise temperature in Dhaka: BMD
- 5KM Shafiullah passes away
- 6Canada reduces international student permits for second year