Bangladesh has made the first payment for a mostly foreign loan-funded project in the taka, ushering in another mode of better preserving foreign currency reserves.

Bangladesh Bank yesterday instructed seven banks that failed to clear their dues with foreign airline companies on time to adjust their payments as soon as possible. 

The Insurance Development and Regulatory Authority (Idra) has appointed four of its officials as observers at four life insurance companies for their failure to protect the interests of policyholders.

The key index of the Dhaka Stock Exchange (DSE) yesterday lost 0.63 per cent, the sharpest single-day decline in at least the past six months, as tensions grew over the proposed increase in capital gains tax for general investors.

The financial sector is going through a challenging situation owing to a surge in the borrowing cost and its impact on profitability, so a cut in corporate tax rates may help the sector gain momentum and boost the economy, said a top executive of a non-bank financial institution.

Apple on Monday unveiled its first mixed reality headset, challenging Facebook-owner Meta in a market that has yet to tempt users beyond videogamers and tech geeks.

Zareen Tea Garden and Neptune Tea Garden, the gardens owned by Ispahani Group, have won the National Tea Awards for their significant contributions to the tea industry in Bangladesh.

Mastercard yesterday launched a campaign styled “Free Hit to Cricket World Cup” to provide cardholders with an opportunity to witness the 2023 Cricket World Cup. 

The Hongkong and Shanghai Banking Corporation Limited and Karnaphuli Gas Distribution Company Limited (KGDCL) in Chattogram, Bangladesh have recently signed an agreement over bill collection solutions for the latter’s consumers. 

Euro zone consumers lowered their inflation expectations, a fresh European Central Bank survey showed on Tuesday, a relief for policymakers after an unexpected surge a month earlier, even if underlying price growth is still likely to be stubborn.

A two-day “Smart Bangladesh Summit and Expo” will begin at the International Convention City Bashundhara on Friday to showcase the latest technology and share knowledge about current digital advancements.

Monzurur Rahman has been re-elected as chairman of Pubali Bank Limited.

A possible extension next month of a deal allowing the safe wartime export of grains and fertilisers from three Ukrainian Black Sea ports could hinge on the reopening of a pipeline that delivers Russian ammonia to one of those Ukrainian ports.

Oil prices sank Tuesday as dealers mulled the weak demand outlook after having rallied the previous day on output cuts from key crude producer Saudi Arabia.

Sonali Aansh Industries Limited posted an 83 per cent year-on-year decline in profit in the third quarter of the current financial year.  

The Bangladesh Telecommunication Regulatory Commission (BTRC) recently cancelled the licences of 228 internet service providers (ISPs) for failing to convert their licences in accordance with guidelines.

The Dhaka Stock Exchange (DSE) yesterday placed a six-point demand related to taxes for consideration in the proposed national budget for the fiscal year of 2023-24. 

State minister for labour asks factory owners

The Executive Committee of National Economic Council (Ecnec) today approved a total of 18 development projects with the overall estimated cost of Tk 11,388 crore..The approval came from the Ecnec meeting presided over by Ecnec chairperson and Prime Minister Sheikh Hasina.."Today 18 p

The DSEX, the benchmark index of the top bourse in Bangladesh, lost 40 points, or 0.63 per cent, to 6,316.