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Monthly Archives: August, 2024

Decline in investment poses risks to economic growth, job creation

Bangladesh's economy is facing a challenging period as investment activity continues to dwindle.A recent report from the Bangladesh Bank reveals a significant decline in...

Importers can take delivery of 1,850 containers from Pangaon terminal: NBR

Business Report :The National Board of Revenue (NBR) has allowed importers to take delivery of over 1,850 containers from Pangaon Inland Container Terminal in...

Asian markets boosted by Fed chief’s rate cut talk

AFP, Hong Kong :Most Asian equities rose with the yen on Monday after US Federal Reserve boss Jerome Powell said "the time has come"...

What went wrong for Nestle CEO Mark Schneider

Business Report :Mark Schneider, Nestle's recently ousted CEO, steered the world's biggest food maker through the COVID-19 pandemic, grew margins despite a subsequent supply...

75pc telecom towers in Feni still non-functional: BTRC

Business Report :Over 75 percent of the mobile telecom towers in Feni are non-functional as of 5pm on Monday, according to the Bangladesh Telecommunication...

Major changes made in policy rate hike to tame inflation

Business Report :Bangladesh Bank has taken serious measures to tame inflation by repeatedly raising the key policy interest rate to restrict the flow of...

Rice prices rising despite ample harvests

Business Report :Rice prices are rising in spite of an ample amount being produced in the just concluded fiscal year, causing hardship for low...

Eliminate scope to whiten black money

Business Report :The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) yesterday demanded the abolishment of a provision that allows black money to...

22-carat gold now Tk 127,942 a bhori, a new record

Business Report :Gold prices hit a historic high of Tk 127,942 a bhori and Bangladesh Jewellers Association (Bajus) decided to make the rate effective...

Bank Alfalah Bangladesh receives acquisition proposal from Sri Lanka’s HNB

Business Desk :Bank Alfalah has received a non-binding offer from Hatton National Bank (HNB) of Sri Lanka to acquire its Bangladesh operations.Earlier, the Pakistani...

Rupali Bank holds EGM & AGM

Business Desk :The 9th extraordinary general meeting and 38th Annual General Meeting 2023 of State-owned Rupali Bank PLC was held at its head office...

Dhaka’s air quality continues to be ‘moderate’

City Desk :Dhaka, the overcrowded capital city of Bangladesh, has ranked 16th on the list of cities with the worst air quality with an...

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