BD’s Q1’ FY23 external debt falls
Business Report :The country’s external debt declined to some extent in the first quarter of the current fiscal FY23 thanks to lower public borrowings due...
Business & Economy
BTRC lifts ban on GP’s SIM sales
Business Report:The Bangladesh Telecommunication Regulatory Commission has lifted a ban on Grameenphone’s SIM sales after six months, clearing the way for the largest telecom carrier...
Trade deficit narrows, easing pressure on forex reserves
Business Report:In the first five months of the fiscal year 2022-23, Bangladesh’s trade deficit decreased by six percent year on year to $11.79 billion —...
Dollar price for export proceeds raised to Tk 102
Business Report :Foreign exchange dealers and banks have raised the US dollar exchange rate for export proceeds by Tk 1 to Tk 102.The decision was...
BB creates TK 100b export facilitation fund
Business Report :Bangladesh Bank yesterday rolled out an export facilitation fund of Tk 10,000 crore in order to help exporters gear up their businesses. An...
IBBL registered operational profit in 2022 despite mismanagement
Business Report :Despite criticism of mismanagement and loan scams, the Islami Bank Bangladesh Limited (IBBL) has secured a top position in making operational profit in...
India extends anti-dumping duty on jute goods from BD
Business Desk :India has extended the anti-dumping duty on various jute products from Bangladesh and Nepal.Issuing a notification on Friday, the Indian finance ministry said...
ACI invents two varieties of wheat suitable for bakery
Business Desk :Advanced Chemical Industries (ACI) invented two varieties of wheat that are suitable for bakery food production. These two varieties named ACI Gom1 and...