The central bank yesterday relaxed provisioning for consumer financing within its effort to implement a 9 percent interest rate on all financial products.The move gives...

Tax collection jumped in September as the country's businesses and economical activities continued to pick up despite all of the uncertainty due to the ongoing...

Unloading of imported bulk cargo from cargo vessels at the outer anchorage of the Chattogram port remained suspended since the early hours of yesterday as...

The Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) seems to be taking form daily as investors have started developing the physical infrastructure of the 30,000-acre economic...

Development spending rose 16 % year-on-year to Tk 8,950 crore in September in a reassuring development for the federal government desperately trying to provide a...

Individual taxpayers must submit their tax returns at tax offices this season as the National Board of Revenue (NBR) has decided against holding its total...

The swindled depositors of People's Leasing and Financial Services (PLFS) yesterday demanded the central bank proceed to return their money by reconstructing the business.The Individual...

Intense pollution is threatening the environment surrounding Savar Tannery Industrial Estate (STIE) as the construction of two dumping yards designed for solid waste are anticipated...

Fruit drinks and wafer biscuits can't be marketed or sold without the certification from the Bangladesh Standards and Testing Institution (BSTI), according to a government...

State-owned Trading Corporation of Bangladesh (TCB) will sell potato at Tk 25 a kg under its open market sales programme to tame the soaring price...

BSRM Steel has made a decision to set up a Tk 700 crore plant to raise twelve-monthly MS rod production capacity by another 5 lakh...

Unitex Group plans to invest about Tk 650 crore to create manufacturing plants for chemicals, steel, and paint at the Bangabandhu Sheikh Mujib Shilpa Nagar...

Residents in Dhaka are quite familiar with informal buyers of obsolete computers, laptops, batteries of Instant power, and other malfunctioned kitchen appliances.These collectors buy obsolete...

The workers of Sidco Group have alleged that the apparel maker terminated 165 employees from its factory at Jamgora in Ashulia as they proved to...

While insurance stocks were skyrocketing riding on rumors within the last 8 weeks, their sponsors wasted virtually no time in making an instant buck.Eight sponsors...

Acme Laboratories is going to set foot in American market with its generic drug, Zolpidem, through contract manufacturing with a US company."This is the first...

Millions of garment employees could lose their jobs as global brands are demanding price cuts and delaying payments to suppliers who are in need of...

Bangladesh surpassing India in per capita GDP in 2020 as forecast by the International Monetary Fund is not a fluke and is quite a reflection...

Robi Axiata has already reached the milestone of five crore subscribers in a testament to the telecom operator's growing influence in the local market."Achieving the...

From using custom-made, biodegradable materials and "living" dresses that photosynthesise to polyester created from planet-warming skin tightening and, European start-ups are on a quest to...

For exporters desperately trying to maintain the most recent robust run of merchandise sales abroad and cement the recovery from the coronavirus pandemic, an old...

All stakeholders must interact to enable long-term monetary recovery of Bangladesh while addressing the immediate need to save and sustain lives, said a high banker."The...

Bangladesh has sought US investment and technological support in agro-processing, agricultural trade and jute sectors as it could promote food security and address environmental degradation...

The central bank yesterday issued multiple notices and extended the deadline of the relaxed rules for forex businesses in various sectors until March 31 next...

The federal government is finally easing its grip on the shrimp industry as local farmers can now cultivate vannamei shrimp within the country following years...

The Bangladesh Bank yesterday asked banks to deposit 0.03 per cent of the encashed export earnings at the central fund for the readymade garment sector's...

Earnings from merchandise exports grew by 3.53 % year-on-year to attain $3.01 billion in September because of a growing number of orders for garment items,...

Bangladesh may seek more than $2.5 billion from World Bank in budgetary support, project financing and aid as it has to implement a significant part...

Bangladesh, the world's eighth most populous country, has a very youthful population with currently about 34 % being beneath the age of 15.The country's population...

Bangladesh may continue steadily to enjoy duty-free trade benefits in the European Union for a couple more years even following its graduation from the band...

The Bangladesh Securities and Exchange Commission (BSEC) has made a decision to delist four companies and two debentures of Doel Band of Industries, which will...

Like any other business, new clean energy ventures are facing disruptions with their tempo for the Covid-19 pandemic. Among them are rooftop-based solar projects focusing...

Registration of new organizations in Bangladesh rose to an all-time most of 11,110 within the last fiscal year, highlighting the expansion of business activities and...

Saint Martin's island is on the verge of witnessing a new chapter in tourist transport as a vessel formerly engaged in ferrying people in Japan...

US stock futures and Asian shares fell Friday after President Donald Trump said he and first lady Melania Trump had tested positive for the new...

Eighty-two per cent of garment personnel in Bangladesh earned less in April and May compared to that in February because of the coronavirus pandemic -...

Energypac Power Generation is defined to improve Tk 150 crore through initial public offering (IPO), the proceeds of which will be used to create liquid...

Investors rushed to mutual funds within the last couple of days on growing hopes that the brand new commission would take reform initiatives to protect...

Delta Agrofood Industries, a joint venture of SEACOM and Samuda, is defined to get Tk 1,200 crore in the production of varied soy and wheat...

The central bank should make lending to pandemic-hit cottage, micro, small and medium enterprises (CMSMEs) from the stimulus package collateral-free to accelerate disbursement of the...

Chinese tech giant Huawei has significantly trimmed down its device business division in Bangladesh which was directly involved with monitoring its smartphone and other device...

Following a insufficient participation from institutional investors for recent days, turnover, a crucial indicator of the stock market, decreased by about 3 % going to...

A go back to normalcy for Bangladesh's steel manufacturing sector continues to be a long way off as factories have already been forced to limit...

The speed at which Covid-19 has spread around the world is unforeseen and its own impact regarding health problems, lack of enough health services and...

Raw jute prices hit a record most of around Tk 3,000 per maund as supply declined in the markets of producing regions owing to stocking...

Samuda Food Product and Samuda Chemical Complex, two sister concerns of the TK Group of Industries, will invest Tk 1,744.80 crore at Bangabandhu Sheikh Mujib...

Bangladesh Bank yesterday extended the deadline for loan status classification by banks further to December 31, as it now forecasts the economy will be enshrouded...

Lub-rref, a local lubricant producer, is set to invest Tk 400 crore to determine the country's first state-of-the-art base oil refinery with an aim to...

Though waste is definitely an issue in developing, attention on how to proceed with it-or how to lessen it-has hardly ever been greater than it...

The earnings authority has reduced value added tax (VAT) on locally made cylinders for storing liquefied petroleum gas (LPG) as a way to allow domestic...