The exchange rate of the taka and the US dollar is going to be turned more flexible in line with suggestions of International Monetary Fund (IMF), according to Bangladesh Bank.

Bangladesh Tea Research Institute (BTRI) alongside universities need to conduct advanced scientific research to come up with tea plant varieties that can adapt to climate change while providing quality and high yields, suggested speakers at a seminar yesterday.

The International Monetary Fund (IMF) has further cut Bangladesh’s growth forecast but kept its projection on inflation elevated for the current fiscal year.

The Beximco Group has laid off nearly 40,000 workers across its 15 apparel units, citing a lack of work orders for its export-oriented garment and textile factories in Dhaka’s outskirts of Gazipur.

The Payra thermal power plant in Kalapara upazila of Patuakhali has halted production to conduct maintenance and facilitate the test commissioning of a neighbouring facility, according to officials of the 1,320-megawatt (MW) coal-fired power station.

The Indian rupee dropped to a record low on Wednesday, weighed by persistent demand for US dollars from importers and speculators ahead of the Federal Reserve’s policy decision.

A high-level taskforce will work with Bangladesh Investment Development Authority (Bida) to formulate a roadmap for the development of a semiconductor sector, focusing on testing, assembly and scaling up capabilities. .The decision was taken at a meeting titled “Semiconductors – A New Fro

Production cost at new facility to be lower than that of Adani, other plants

The Iranian currency extended its fall on Saturday, hitting a new all-time low against the US dollar amid uncertainties about Donald Trump's imminent arrival in the White House and tensions with the West over Tehran's nuclear programme..The rial plunged to 756,000 to the dollar on the unof

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says

The previous price of 22-carat gold was Tk 138,498 a bhori

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion

The Bangladesh Internet Governance Forum (BIGF) is the Bangladesh chapter of the Internet Governance Forum

Farmers are getting higher prices for Aman season paddy this year than the previous year, amidst apprehensions of a fall in yields for heavy rainfall and recurrent floods in the eastern regions.

Bangladesh Telecommunication Regulatory Commission (BTRC) has shortened the recycling period for inactive SIM cards from 18 months to 12 months in a bid to address a shortage of mobile numbers available in the country.

The planning ministry’s taskforce for sustainable development has drafted a report with proposals to fix the economic fault lines identified by the white paper on the economic state of the country and achieve moderate economic growth.

Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue (CPD) and convenor of the Citizen’s Platform for SDGs Bangladesh, has been reappointed to the Committee for Development Policy (CDP) for a three-year term with effect from January 1 next year. 

Defaulted loans at six private commercial banks nearly tripled in one year till September 2024, according to central bank data, which bankers term “alarming”.

Credit card spending by Bangladeshi citizens in India has plummeted in recent months while it is rising in Thailand and Singapore, according to central bank data.

India’s gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay purchases, trade and government officials said.