Gold prices drop in local market

Local jewellers today reduced gold prices by Tk 2,916 to Tk 79,548 a bhori or 11.664 gram as the prices of the precious metal fell on the global market.
26 May 2022

Forex market volatility: Banks to suggest uniform exchange rates

The Bangladesh Bank today asked banks to suggest uniform exchange rates of the taka against the US dollar in order to bring back the stability in the country’s foreign exchange market.
26 May 2022

Tk 2,000 crore refinance scheme for shipbuilding industry

Bangladesh Bank has formed a Tk 2,000 crore refinance scheme to ensure sustainable development of the shipping industry, increase export earnings and employment and gradually reduce import dependence.
26 May 2022

South Korean HKD Group to invest $35 million in Bepza economic zone

South Korean company HKD Bangladesh Ltd is going to establish an industry to manufacture tent, tent accessories, camping furniture and camping equipment in Bepza Economic Zone.
26 May 2022

DSE index rises as investors rush to buy stocks

General stock investors in Bangladesh rushed to buy stocks today after the regulator lowered the limit of the circuit breaker to stop the free fall of the index.
26 May 2022

Private sector engagement for unlocking climate finance

Climate change is a reality and it is mainly caused by humans. Despite contributing less than 0.47 per cent to global greenhouse gas emissions, Bangladesh is one of the most climate-vulnerable countries with millions of people and livelihoods at risk.
26 May 2022

Supply crisis: Govt to buy MOP fertiliser from Canada

Bangladesh is likely to buy the bulk of its muriate of potash (MOP) from Canada and other countries to meet its requirement for 7.5 lakh tonnes of the chemical fertiliser to produce rice and other crops for the next fiscal year, said officials of the agriculture ministry yesterday, dispelling concerns of a shortage due to the war in Ukraine.
26 May 2022

Now comes sugar price shock

Consumers are already bearing the brunt of the high prices of edible oil, wheat and rice for the Russia-Ukraine war and unfavourable weather conditions on the domestic front.
26 May 2022

Regulator steps up efforts to stop freefall of stocks

The stock market regulator in Bangladesh has stepped up its efforts to forestall the freefall of shares despite criticism from institutional investors and analysts as uncertainty is deepening owing to the raging Ukraine war, persistently higher inflation and fresh coronavirus flareups.
26 May 2022

Budget 2022-23: Better targeted social safety net

The government is committed to using the long-overdue National Household Database (NHD) from the next fiscal year to better target the social safety net programmes, in a development that can infuse dynamism in the flat scheme.
26 May 2022

BB, Mercantile Bank ink deal on refinance fund

Mercantile Bank recently signed a participation agreement with Bangladesh Bank to avail refinance fund under the “Supporting Post Covid-19 Small Scale Employment Creation Project (SPCSSECP).”
25 May 2022

BB, Bank Asia sign deal on refinance facility

Bank Asia signed a participation agreement with Bangladesh Bank for refinance facility under the Supporting Post Covid-19 Small Scale Employment Creation Project (SPCSSECP).
25 May 2022

Prime Bank introduces 24X5 trade shop

Prime Bank has introduced a customised trade solution for its diverse local and global clients under which they will get a 24 hour service in 5 days a week, attending to the growing trade volume of its valued customers.
25 May 2022

Census to include new data this time

For the first time, the Bangladesh Bureau of Statistics (BBS) will include data on remittance, returning migrants, and foreign nationals in the next digital population and housing census-2022, which will take place from June 15 to 21.
25 May 2022

Trade with Nordic countries on the rise

Bangladesh’s trade with Nordic countries has bounced back after the Covid-19 pandemic and is now growing gradually, said Industries Minister Nurul Majid Mahmud Humayun.
25 May 2022

BB sits with bankers today to talk forex volatility

Bangladesh Bank will sit with the Association of Bankers, Bangladesh (ABB) today to discuss the ongoing foreign exchange volatility in the country’s banking sector.
25 May 2022

Forex volatility: Bangladesh Bank to sit with bankers' group tomorrow

The Bangladesh Bank will sit with the Association of Bankers, Bangladesh (ABB) tomorrow to discuss the ongoing foreign exchange volatility in the country's banking sector.
25 May 2022

No stock is allowed to fall over 2% a day

Bangladesh Securities and Exchange Commission (BSEC) issued a directive today saying no stocks will be allowed to fall over 2 per cent from tomorrow.
25 May 2022

Stocks on a declining trend again

The prime index of the Dhaka Stock Exchange (DSE) continued to fall for the second consecutive day while its turnover also fell to Tk 500 crore level as the panicked investors went for selling shares.
25 May 2022

Feasible options for cross-border power trade with Nepal

On April 26, State Minister for Power, Energy and Mineral Resources Nasrul Hamid met with a Nepali delegation led by Pampha Bhusal, the energy, water resources and irrigation minister of the country.
25 May 2022