Sanem economists’ conference begins tomorrow

The South Asian Network on Economic Modeling (Sanem) is going to organise a two-day Annual
2 February 2023

Govt won’t raise fertiliser prices Razzaque says

The prices of fertiliser, seeds and other agricultural inputs will not be raised further to ensure continuous production and sustainable security of food, Agriculture Minister Muhammad Abdur Razzaque said yesterday.
2 February 2023

How to build a Smart Bangladesh

Once upon a time, there was a man who always bragged about his smartness. One day he came across an old man from his village and boasted, “I am the smartest man in the world. Nobody can match my intelligence.”
2 February 2023

Adani’s adversity raises the stakes for India and investors

As Indian tycoon Gautam Adani’s woes deepen and force him to drop a share sale, foreign
2 February 2023

Loan provision rules eased for stock intermediaries

The central bank yesterday relaxed the rules on the provisioning of bank loans to brokerage houses, merchant banks and stock dealers, a move that may make it easier for intermediaries to get credits.    
2 February 2023

LC opening for Ramadan commodities rises in January

The quantity of Ramadan essential commodities to be imported through letters of credit (LCs) increased in January, which will help keep the commodity market stable, Bangladesh Bank said today.
2 February 2023

Bangladesh Bank sells US dollar at Tk 101 for first time

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.
2 February 2023

IMF releases $476.27 million as first loan instalment for Bangladesh

The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.
2 February 2023

Stocks rise for second day

Stocks in Bangladesh rose for the second consecutive day today.
2 February 2023

Towards a just int’l tax system

Defying all common wisdom, the world had never had an apex body for international tax cooperation.
2 February 2023

UCEP-StanChart training countering Covid job losses

s soon as the coronavirus pandemic hit Bangladesh in early 2020, thousands of people, mostly in the informal sector, lost their jobs. 
2 February 2023

Let taka depreciate further: economists

As the US dollar shortage persists, businesses in Bangladesh are increasingly finding it difficult to open letters of credit (LCs) since banks can’t supply the adequate American greenback needed to finance imports.
2 February 2023

Issue bonds, rely less on call money market

Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) to take initiatives such that they can mobilise funds issuing bonds instead of relying much on the interbank call money market. 
1 February 2023

Remittance hits five-month high

Remittance flow to Bangladesh rose to a five-month high in January as banks have made an all-out effort to mobilise US dollars from abroad to overcome the stress in the foreign exchange market. 
1 February 2023

Concord to construct 5th block plant

Concord Group is going to set up its fifth green block manufacturing plant installing a German machine in Munshiganj’s Gajaria upazila. 
1 February 2023

Unilever Bangladesh appoints new finance director

Unilever Bangladesh yesterday appointed its first female finance director. 
1 February 2023

South Korea slides toward recession

South Korea’s economy inched toward its first recession in three years as data on Wednesday
1 February 2023

Emirates runs demo flight using sustainable aviation fuel

Emirates has operated a demonstration flight on the use of a 100 per cent sustainable aviation fuel (SAF) to power one of the engines of a Boeing 777-300ER.  
1 February 2023

 Pay ‘ethical’ price for apparel

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday asked
1 February 2023

Draft digital commerce act facing backlash

E-commerce entrepreneurs yesterday came down heavily against the formulation of a new law to regulate the sector, saying that it would hinder the development of digital commerce in Bangladesh.
1 February 2023