Bangladesh Bank first introduced the sustainability rating system in 2020

The government yesterday suspended an official of the National Board of Revenue on allegations of breaching service discipline by ‘disclosing a highly confidential state document’.

After years of depreciation that saw the taka lose nearly 30 percent of its value against the US dollar since the Covid-19 pandemic, the local currency is finally showing signs of strength.

The government has formed an inter-ministerial committee to assess the economic losses caused by a recent strike and work abstention by revenue officials, according to an order from Internal Resources Division (IRD).

The World Bank has reaffirmed its commitment to support Bangladesh’s development priorities as Johannes Zutt, World Bank vice president for South Asia, concluded his first official visit to the country yesterday.

Bangladesh is currently reviewing the proposals and will send a response within the next couple of days, Commerce Secretary Mahbubur Rahman told The Daily Star yesterday over the phone.

Seventy-six years ago, on July 16, 1949, the first tea auction in the region was held in Chattogram. That event marked the birth of what would become the nerve centre of Bangladesh’s tea industry, the Chittagong Tea Auction Centre, which still handles the overwhelming majority of the country’s tea trade.

This world shelters more than 8 billion people but is also home to nonillions of other lifeforms, forming countless ecosystems. Humans, with the power to think and reason, have evolved into the dominant species. We rose above others by breaking natural food chains, using our brains to learn, create tools, and pass down knowledge across generations. This transformed survival into civilisation, culture, and control over nature.

Nvidia CEO Jensen Huang said on Wednesday his firm was “doing our best” to serve China’s vast market for semiconductors after it secured permission from the United States to sell chips to the world’s second-largest economy.

Nato Secretary General Mark Rutte warned on Wednesday that countries such as Brazil, China and India could be hit very hard by secondary sanctions if they continued to do business with Russia.

The benchmark index of the Dhaka Stock Exchange closed higher yesterday, extending its gains for the second consecutive session.

Bangladesh’s statistical system is facing significant capacity challenges, a heavy reliance on projects, and the risk of political influence, Hossain Zillur Rahman, head of the expert taskforce tasked with strengthening the Bangladesh Bureau of Statistics (BBS), said yesterday..He made the

It has to return the fund in 30 days or face a Tk 60 crore fine, the regulator says

The company can now export medicines to European countries from this facility

The government has suspended 14 more officials of the National Board of Revenue (NBR) for defying transfer orders and allegedly tearing up their transfer letters in public.

The benchmark index of the Dhaka Stock Exchange closed slightly higher yesterday, breaking a two-day losing run.

Monno Ceramic Industries Ltd has signed with Lenox Corporation, USA, as its enlisted vendor to supply porcelain and bone china tableware in the American market.

Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.

Bangladesh Bank (BB) has lowered the standing deposit facility rate, also known as the reverse repo rate, by 50 basis points to 8 percent, with effect from today.

A steep 35 percent tariff on Bangladeshi garment exports to the United States would affect far more than the country’s $8 billion annual shipments, according to economists and business leaders.