IMF defers loan proposal by five days

The proposal to release $645 million, the fourth tranche of a $4.7 billion loan programme for Bangladesh, was due to go before the International Monetary Fund (IMF) Executive Board on February 5.
19 January 2025, 18:00 PM

Only 45% of foreign investments qualify as actual FDI: Bida

Just 45 percent of all foreign investments in Bangladesh qualify as actual foreign direct investments (FDI), while the rest is either intercompany loans or reinvestments, according to a report by the Bangladesh Investment Development Authority (Bida).
19 January 2025, 18:00 PM

Reforms may cause short-term economic slowdown: Bangladesh Bank

Economic activities may slow down in the near term as the government has opted to initiate massive economic reform measures, the Bangladesh Bank (BB) said yesterday.
19 January 2025, 18:00 PM

Drugmakers hiring cross-discipline grads amid biomedicine expansion

Bangladesh’s pharmaceutical industry is undergoing a significant transformation, driven by young talent and innovation, according to pharmaceutical professionals. .The industry is shifting from chemical-based medicines to biomedicines, offering fresh graduates unique opportunities to shap
19 January 2025, 14:36 PM
19 January 2025, 11:07 AM

Bangladesh needs effective foreign investment strategy to unlock economic potential: Bida

Industry experts stressed the importance of strategic alignment, prioritisation, and targeted interventions to unlock the country’s full potential, according to the report released today.
19 January 2025, 10:38 AM

Dhaka stocks down slightly in early trading       

DSEX lost 3.06 points as of 11:22 am  
19 January 2025, 05:38 AM

No action taken based on white paper

The interim government has not taken any of the measures recommended by the white paper on the state of the Bangladesh economy even after a month and a half of the report’s submission, said economists yesterday.
18 January 2025, 18:00 PM

Bangladesh sees window of opportunity in Trump’s trade war

US President-elect Donald Trump’s trade policies towards China and Mexico could ultimately benefit Bangladesh, according to local apparel exporters.
18 January 2025, 18:00 PM

BSTI to develop LED lamp standards

The Bangladesh Standards and Testing Institution (BSTI) is planning to formulate “Minimum Energy Performance Standards” (MEPS) for light-emitting diode (LED) lamps to promote energy efficiency and reduce electricity consumption. 
18 January 2025, 18:00 PM

Can IMF prescriptions salvage our economy?

There seems to be much confusion among the citizenry regarding how our economy is being managed, and challenges are addressed.
18 January 2025, 18:00 PM

Chinese firms bullish on manmade fibre exports to Bangladesh

Non-cotton garments are particularly lucrative, fetching higher prices than traditional cottonwear for having better flexibility, durability
18 January 2025, 18:00 PM

Smuggled consignments meet half of local spice demand

The abundance of foreign spices and dry fruits in the market suggests that illegal imports are playing a significant role, as imports through formal channels are substantially lower than the demand in Bangladesh.
18 January 2025, 18:00 PM

‘Most difficult time in 34 years’

Consumer confidence in Bangladesh is at a low level, while investor confidence is negative both domestically and internationally, said a former president of the Metropolitan Chamber of Commerce and Industry (MCCI) yesterday.
18 January 2025, 18:00 PM

Motorcycle sales hit six-year low

Interestingly, the premium motorcycle segment bucked the trend, showing significant growth in 2024.
18 January 2025, 18:00 PM

'Govts become illegitimate when people suffer from hunger'

says Naomi Hossain on her book that focuses on 1974-famine
18 January 2025, 15:01 PM

Goals set to bring good companies to market: DSE chairman

The DSE is trying to ensure tax benefits for investors and stop insider trading, he says at CMJF Talk
18 January 2025, 14:22 PM

Plot allocation in Patuakhali EPZ will begin in early 2026

Secretary to the Chief Adviser’s Office says after visiting the EPZ
18 January 2025, 11:54 AM

BSTI to develop standards for energy efficient LED lamps

Minimum Energy Performance Standards (MEPS) for LED lamps to promote efficient energy conservation and consumption
18 January 2025, 08:05 AM

Polythene ban: A litmus test for will and eco-innovation

Although Bangladesh became the first country in the world to announce a complete ban on the use of polythene bags in 2002, strict enforcement of the much-lauded initiative has only started taking shape recently.
17 January 2025, 18:00 PM