Contraction in domestic and external consumption amid high inflation, import restrictions amid the US dollar crisis, and gas and electricity crunch over the last few months have stymied growth in the manufacturing sector, said a leading business chamber yesterday.

Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times

The benchmark index of Dhaka Stock Exchange (DSE) fell again yesterday on rising the preceding day snapping a nine-day losing streak.

More Russian investments, especially in the power and energy sector, could play a pivotal role in ensuring steady economic progress and industrialisation in Bangladesh, said Ashraf Ahmed, president of the Dhaka Chamber of Commerce & Industry (DCCI), yesterday.

Bangladesh could become a regional hub for trade and investment in the wake of ongoing geopolitical tensions and growing focus on the Indo-Pacific region, according to Paul J Thoppil, Canada’s trade representative for the Indo-Pacific.

After more than seven years of discussion, the government is set to finally undertake two projects involving Tk 8,483 crore for the Rohingya and host communities.

The Dhaka Stock Exchange (DSE) yesterday demanded that the capital gains of individual investors be kept free of taxation in the upcoming national budget for fiscal year 2024-25.

Kori Digital Bank gets six more months to meet BB criteria

Software upgradation kept transfer of treasury bonds suspended since May 26

A delegation of the US-Bangladesh Business Council meets State Minister for Commerce Ahasanul Islam Titu

A 14-member Russian trade delegation meets Dhaka Chamber president

The Anti-Corruption Commission has recently requested the BSEC to freeze the BO accounts

The WB-funded cluster project will also serve the host communities

The Dhaka Stock Exchange (DSE) has demanded no imposition of tax on the capital gains in the upcoming budget for the 2024-25 fiscal year

Government spending under the Annual Development Programme (ADP) slowed to a three-year low in the first 10 months of the current fiscal year (FY) of 2023-24, with the implementation rate dropping to 49.26 percent.

“BB” ratings indicate an elevated vulnerability to default risk, particularly in the event of adverse changes in business or economic conditions over time. It, however, means business or financial flexibility exists that supports the servicing of financial commitments.

Three rounds of meetings of the joint study group were held last year to pave the way for last week’s formal launch of the negotiation.

Cargo delivery from the yards at the Chattogram port resumed partially yesterday morning and continued on a limited scale as the impact of cyclone Remal began to wane.

A major hub for the sale and repair of motor vehicles has gradually emerged in Bogura over the past two years, drawing an estimated investment of Tk 1,000 crore.

Pran-RFL Group is going to build factories to manufacture products related to textiles on the land of two shuttered mills of the Bangladesh Textile Mills Corporation under a public-private partnership.