Business
Yunus seeks businessmen’s partnership in Bangladesh’s new journey
Business —27 September, 2024 18:15
Chief Adviser Professor Muhammad Yunus today said his government is committed to improving business environment in Bangladesh through reforms, seeking businessmen’s…
Ethiopian airlines' flight on Addis Ababa-Dhaka route from Nov 2
The Ethiopian Airlines, Africa's leading carrier, has finally…
BB raises repo rate by 50 basis points
Bangladesh Bank (BB) has increased the policy rate, also known…
BB must arrange liquidity support to save troubled banks: Abdul Awal Mintoo
Challenging the central bank to go further if it truly wants to save troubled banks, prominent businessman and newly-installed chairman of National Bank Limited (NBL) Abdul Awal Mintoo…
Bangladesh to receive duty-free access for all products to China from Dec
Here’s a fine-tuned version of the story using journalistic language: Bangladesh will enjoy 100% duty-free market access to China starting this December, according to…
NBR to supplement govt's efforts to build discrimination-free country
National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan today said that the revenue board is pledge-bound to supplement the government's efforts to build a discrimination-free…
CFA Society Bangladesh hosts policy recommendation event
Chartered Financial Accountants Society Bangladesh, a member society of CFA Institute, organised a policy recommendation event at the Economic Reporters’ Forum Auditorium in…
Deltaport to invest $36m in BEPZA EZ
British-Irish Company Deltaport Limited is going to invest US$36 million to set up a garment manufacturing industry in the BEPZA Economic Zone (BEPZA EZ). Bangladesh Export…
Ethiopians struggle with bitter pill of currency reform
In a small fashion store in Ethiopia's capital, Medanit Woldegebriel's dresses have almost doubled in price in the past two months, sending customers fleeing. "Business is slow," admits…
Gold strikes fresh record high above $2,609
The price of gold rose to a fresh record high of more than $2,609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the precious metal. The commodity jumped to as much as $2,609.74 per ounce, two days after the Federal Reserve slashed borrowing costs for the first time since the start of the pandemic and indicated that more cuts were likely.
CPD's Fahmida Khatun appointed to BB board
The Ministry of Finance has appointed Dr Fahmida Khatun, Executive Director of the Centre for Policy Dialogue (CPD), as a director on the Bangladesh Bank Board. An office order…
Govt introduces new customs codes to streamline export reporting
In a move aimed at addressing discrepancies in export data, the government is introducing three new Customs Procedure Codes (CPCs) to enhance the accuracy of export reporting and eliminate…
WB will support Bangladesh in reforming banking sector: Salehuddin
Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed today said that the World Bank would provide support to Bangladesh in carrying out necessary…
Dollar rate falls in Bangladesh’s kerb market as demand drops
The value of the US dollar has decreased in Bangladesh’s kerb (open) market due to a drop in demand and an increase in supply. Currently, the dollar is being sold at Tk 121-122…
ECNEC approves 4 projects worth Tk 1,222.14cr
The Executive Committee of the National Economic Council (ECNEC) today approved a total of four development projects involving an overall estimated cost of Taka 1,222.14 crore. The…
Forex reserves cross $24b: BB
Bangladesh's foreign exchange reserves have crossed $24 billion. "According to the latest data, foreign exchange reserves amount to $24.3 billion. It is close to $20 billion according…
Bangladesh expects budget support from WB within this year
Bangladesh is anticipating budget support from the World Bank before the year ends, according to Finance and Commerce Adviser Dr. Salehuddin Ahmed. The adviser made this announcement…