Business

Two ships carrying a total of 37,000 metric tonnes of rice from India and Myanmar have arrived at Chittagong port. Imdad Islam, senior information officer at the Public Relations Office of the Ministry of Food, confirmed the development in a press statement on Wednesday morning. The Indian vessel MV BMC Pandora docked at the port carrying 15,000 metric tonnes of ...

The key indices of both the Dhaka and Chattogram stock exchanges witnessed gains during the first hour of trading on Tuesday (28 January), reflecting an upward trend in the country’s capital market. Share prices of most companies also increased during this period. At the Dhaka Stock Exchange (DSE), the benchmark index DSEX rose by 14 points within the first hour ...

Foreign Affairs Adviser Md Touhid Hossain, who is now in China on an official visit, on Thursday (January 23) laid emphasis on narrowing trade gap and fostering regional connectivity with China to promote equitable growth, reports BSS. He made the remarks while delivering a keynote address at a seminar titled “Our Shared Vision for Peace, Stability, and Prosperity” at Shanghai ...

Country’s renowned economist Dr Zahid Hussain has said the country needs a reform-based budget in the next fiscal year (FY26) where the present interim government might highlight the progress in the reform initiatives especially in the economic fronts. “I think we need a reform-based budget… We earlier got many big size budgets, but those didn’t highlight the reform initiatives… If ...

The wealth of billionaires worldwide grew three times faster in 2024 than the previous year, with four new billionaires emerging each week, according to a report by Oxfam International. Released to coincide with the opening of the World Economic Forum (WEF) in Davos, Switzerland, the study predicts the emergence of at least five trillionaires within the next decade, a stark ...

Latonya Skye-Paterson had no idea a Child Trust Fund had been set up for her until her college tutor suggested she check online. “I found I had £955 in there, which is a lot. A lot more than I was expecting… it helped me so much,” she said. New figures suggest £1.4bn belonging to 728,000 people is ready to be ...

Bangladesh Bank has relaxed the travel restrictions on employees of banks. Now, there is no legal bar for their visit to foreign countries. Bankers will now be able to go abroad for official and personal reasons without taking permission from the central bank, Bangladesh Bank said in a notice issued on Sunday (January 10). Earlier the central ban issued a ...

Bangladesh Poultry Association (BPA) has placed a set of proposals aiming to protect the country’s poultry industry. In the proposal, BPA suggested formation of a poultry board to ensure a proper system in poultry sector. It also suggested for formulating effective policies at the quickest possible time to stop monopolistic control of corporate organizations, said a BPA press release. The ...

Dr Debapriya Bhattacharya has said that value-added tax (VAT) has been increased ‘inconsiderately’. “We are astonished to see how inconsiderately the value-added tax was increased,” he said while delivering his introductory speech at a symposium titled ‘White Paper and Thereafter: Economic Management, Reforms, and National Budget’ at the Bangabandhu International Conference Centre (BICC) on Saturday. “We did not see any ...

The government has approved separate proposals for procuring one lakh metric tons of rice, two cargos of LNG, 70,000 MTs of fertilizer to meet the growing demand of the country. The decision came at a meeting of the government purchase committee at the Cabinet Division Conference Room at Bangladesh Secretariat on Thursday. Finance Adviser Dr Salehuddin Ahmed was in the ...