Business
Eid-ul-Azha: Sales of sacrificial animals gaining momentum in capital
Business —15 June, 2024 21:52
With just two days to go till Eid-ul-Azha, the sales of sacrificial animals in Dhaka's makeshift cattle markets (haats) gained momentum on Saturday. Though…
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US Fed pencils in one interest rate cut this year
The US Federal Reserve has signalled that it will cut its key…

Budget has high hopes, low directions: Economists
Economists at a discussion on Thursday called for a harmonised…
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WB projects modest GDP growth for Bangladesh: 5.7% in 2024-25, 5.9% by 2025-26
The World Bank has projected Bangladesh's economic growth to slightly increase to 5.7% in the fiscal year 2024-25 and 5.9% in 2025/26, driven by a rise in private consumption and the…

Bangladesh can boost growth by investing in Women: IMF
Bangladesh has made major gains for its population, the world’s eighth largest with more than 170 million people. Per capita incomes, one of the best measures of broad economic…

AMTOB sees gap between Telecom Ministry and NBR
Association of Mobile Telecom Operators of Bangladesh (AMTOB) said there is a wide gap between the government’s smart Bangladesh vision and the National Board of Revenue’s…
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Local onion price follows its Indian counterpart
Prices of Indian onion have started to directly affect the onion prices in Bangladesh. The Indian press says that the price of onion in the market has increased by 50 percent in the…
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Economists urge tightened monetary policy and reduction in money printing
Speakers at a post-budget discussion stressed the need for a tightened monetary policy and liberalisation of the exchange rate to combat inflation and address foreign exchange reserves.…

SME Foundation to provide another Tk 450cr in loans to entrepreneurs
The Small and Medium Enterprise (SME) Foundation will provide another Taka 450 crore loans to the cottage, micro, small and medium enterprises (CMSMEs) under a government stimulus…
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EU moves to hike tariffs on Chinese electric car imports, escalating trade spat
The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the exports that Brussels worries is hurting…

UK economy fails to grow during wet April
The UK economy failed to grow in April after particularly wet weather put off shoppers and slowed down construction. The official data is what most economists had expected and comes…
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HC issues rule why actions won’t be taken against NBR chair
The High Court (HC) on Tuesday issued a rule seeking an explanation from the authorities concerned as to why actions won't be taken against National Bureau of Revenue (NBR) chairman…

Trade with India through Hili land port to remain suspended for 8 days for Eid-ul-Azha
Trade between Bangladesh and India through the Hili land port will remain suspended for eight days, on the occasion of Eid-ul-Azha, one of the largest festivals of Muslims.Md Mostafizur…

TOAB demands continuation of existing VAT exemption
The Tour Operators Association of Bangladesh (TOAB) today called for the continuation of the existing VAT exemption on tour operator services, which is planned to be withdrawn in the…

BBS, UNICEF launch large-scale household survey on situation of children, women
The Bangladesh Bureau of Statistics (BBS) and UNICEF officially announced the launch of the "Multiple Indicator Cluster Survey (MICS): Round 7 (2024-2025)" in Bangladesh. MICS is a…

EU legislative developments important for Bangladesh: EU envoy
European Union (EU) Ambassador to Bangladesh, Charles Whiteley, said on Tuesday that EU legislative developments are important for Bangladesh since Bangladesh companies are important…
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Cabinet approves 40MW hydropower import from Nepal
In a significant move to bolster energy supplies, the Cabinet Committee on Public Procurement approved the import of 40 MW of hydropower from Nepal during a meeting at the Secretariat…