Corporates need proper power purchase policies for net zero: experts

Proper policies for corporate power purchase agreements (CPPAs) are crucial for the transition towards net zero as those will enable corporations to reduce their carbon footprint by utilising clean energy sources, experts said yesterday.
4 March 2024

Exports rise 12% in Feb

Bangladesh shipped $5.18 billion worth of merchandise in February
4 March 2024

Six economic indicators signal significant challenges for government: MCCI

The government should take action to improve the scenario, the leading chamber says
4 March 2024

DSE index falls on lifting of GP floor price

The main index of Dhaka Stock Exchange (DSE) dropped by nearly 40 points yesterday, mainly due to the lifting of Grameenphone’s floor price and as word got around that the bourse had transferred six companies to the Z category.
3 March 2024

Banks don't need to submit hard copies of export docs: BB

The FX Dashboard will help promote paperless transactions
3 March 2024

Shakib launches sports product brand SAH75

The champion cricketer teams up with Step Footwear
3 March 2024

Reliance on indirect taxes raising poverty

The government's excessive reliance on indirect taxes such as value-added tax (VAT) is putting a higher burden on low-income individuals, leading to a rise in poverty and inequality, according to the findings of a study released yesterday.
2 March 2024

Offshore banking bill placed in parliament

The Offshore Banking Bill 2024 has placed in parliament today in a bid to enhance foreign exchange reserves and attract foreign investment.
2 March 2024

What was agreed at WTO negotiations in Abu Dhabi?

World Trade Organization (WTO) negotiators failed to break a deadlock on major reforms in the early hours of Saturday despite talks extending deep into overtime in Abu Dhabi, in what some delegates said was a triumph of national interest over collective responsibility.
2 March 2024

BGMEA for removal of non-tariff barriers to Indo-Bangla trade

BGMEA president meets Bangladeshi high commissioner to India
29 February 2024

Banks’ offshore operations to receive a boost

Offshore banking units have been relieved from maintaining cash reserve ratio
29 February 2024

LafargeHolcim Bangladesh's sales, profit grow

The company's sales grew 20%, profits 34% in 2023
29 February 2024

Soybean oil to be Tk 10 cheaper from tomorrow

A litre of soybean oil will be Tk 163, down from the existing Tk 173
29 February 2024

Md Wahiduzzaman, new REHAB president

Liaquat Ali Bhuiyan is REHAB’s new senior vice president
29 February 2024

BB cuts lending rate margin by 25 basis points

Banks can now impose a 3.5% margin with SMART for lending
29 February 2024

BCI demands 5-year tax holiday for small businesses

The Bangladesh Chamber of Industries (BCI) yesterday demanded a five-year tax holiday for cottage, micro and small and medium enterprises (CMSMEs) beginning from fiscal year 2024-25 in order to foster their growth.
28 February 2024

New sanctions threaten Russian oil sales to India

Fresh US sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter said.
28 February 2024

Bangladesh Bank gets two new deputy governors

Khurshid Alam and Habibur Rahman have been appointed on contractual basis for three years
28 February 2024

Insurance claim settlement up 4% in 2023: IDRA

National Insurance Day on March 1
28 February 2024