Business
Inflation eases in August
Business —8 September, 2024 16:30
The overall inflation has decreased by 1.17 percent in August compared to July, according to Bangladesh Bureau of Statistics (BBS) report on Sunday. The…
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Cent percent cash margin for import of luxury products
Bangladesh Bank (BB) has instructed banks to keep a 100 percent…
S Alam Group consumes half of Islami Bank’s loans
S Alam Group companies alone have taken more than half of the…
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Akbar Sobhan and Anvir of Bashundhara under CID scanner
The Criminal investigation Department (CID) has decided to investigate the allegation of money laundering against Bashundhara Group chairman Ahmed Akbar Sobhan, managing director (MD)…

NBR cuts import duty on potato, onion
The National Board of Revenue (NBR) has issued a notification reducing import duty on onion, potato and fertilizer , aiming to ease imports and increase the supply of these goods.…

BB dissolves IFIC Bank board
The Bangladesh Bank (BB) has dissolved the board of directors of the IFIC Bank PLC. The central bank has also formed a new board for IFIC Bank with the appointment of four independent…
Special loan repayment facility for flood victims
Bangladesh Bank (BB) has announced a special facility for flood-affected farmers and CMSME (Cottage, Micro, Small and medium enterprises) entrepreneurs to repay the loan installments.…
Price of petroleum fuels drops
The interim government has decreased the prices of petroleum fuels at the retail level with effect from September 1. As per a gazette notification issued by the Energy and Mineral…

Upward trend in remittance: Bangladesh receives over $2b in Aug
Bangladesh is showing an upward trend again in remittance sent by expatriates and exceeded US$ 2 billion in 28 days of August. According to Bangladesh Bank's updated report on…
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Exim Bank board restructured
Bangladesh Bank (BB) has restructured the board of directors of Exim Bank, removing chairman Md Nazrul Islam Mazumder and his wife, Nasreen Islam, from the board. The central…

BSEC lifts floor price for 4 more cos
The Bangladesh Securities and Exchange Commission (BSEC) has removed the floor price for the shares of four more companies. The companies are BSRM Ltd, Khulna Power, Meghna Petroleum,…

Govt to sell 52 duty-free luxurious cars of former MPs: Salehuddin
Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed today said the interim government has decided to sell 52 luxurious cars imported for…
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Don’t buy S Alam Group’s assets: BB governor to public
Bangladesh Bank has issued a stern warning to the public against purchasing assets related to S Alam Group, as the central bank plans to sell these properties to recover funds for…
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Govt to procure 90,000 mts of fertilizer, 20,000 mts of lentil
The government on Wednesday approved separate proposals for procuring some 90,000 metric tons (mts) of fertilizer and 20,000 mts oflentil to meet the growing demand of the country.…
Asian markets slip as traders await US data
Equity investors stepped cautiously Wednesday ahead of key US data and the release of earnings by tech titan Nvidia that could shine a light on demand for artificial intelligence after…
BGMEA seeksTk 19 billion soft loan
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Tuesday sought soft loan facilities of around Tk 19 billion from the government to recoup their recent losses…
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No more scope to generate black money: Salehuddin
Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed today categoricallysaid that the government would not allow anyone for generating black…