Business

Asian Development Bank (ADB) has predicted Bangladesh’s economy to grow 6.1 percent in the 2023-24 fiscal year (FY), ending on 30 June 2024. In its April 2024 Asian Development Outlook, published on Thursday (11 April), the Manila-based lender said the country’s gross domestic product (GDP) may grow 6.6 percent in the upcoming 2024-25 FY. “In Bangladesh, garment exports will push ...

The government earned record Tk 4.90 crore in revenue through toll from the vehicles that crossed the Padma Bridge in 24 hours till 12 am Tuesday. “A total of Tk 4,90,67,050 toll was collected from Monday 12 am to Tuesday 12 am from 45,204 vehicles that crossed the bridge during the period. “It is the highest amount collected so far ...

Over 5.91 lakh people got meat, milk and eggs at fair price across the country during the holy month of Ramadan. “Some 5,91,971 people purchased meat, milk and eggs at fair price till Ramadan 27 as the government started the programme from March 10,” according to an official release in Dhaka on Tuesday (April 9), reports BSS. Though the programme ...

Bangladesh has received a total of $455.42 million in remittances sent by expatriates in the five days (April 1 to 5) before Eid-ul-Fitr, according to the Bangladesh Bank. Data from the central bank shows expatriate Bangladeshis sent home $1.99 billion last month, down from $2.16 billion in February and $2.11 billion in January. According to the data, March’s remittances were ...

Bangladesh Jeweller’s Association (BAJUS) raised the price of gold by Tk 1,749 to Tk 1,17,573 per bhori (11.664 grams). The new price has been set due to a rise in the price of the precious metal in local markets, BAJUS said in a press release on Monday. The new price will come into effect from Tuesday. After the price hike, ...

Electronic payment from conventional banks to e-commerce platforms have increased nearly 26% year-on-year ahead of Eid-ul Fitr, as people increasingly turn to online shopping to avoid the hassles of traffic and cash transactions. The electronic transaction through banks recorded Tk17 billion during this year’s peak season for Eid-ul Fitr, which was Tk13.5 billion from 15 March to 10 April last ...

  Matiar Chowdhury:   The world largest and oldest gold nugget was found underground in Great Britain. It was recently found in a village in Shropshire England. It is the largest gold nugget ever found in the United Kingdom of Great Britain. Richard Brock has been detecting metal objects for the past 35 years. He is the one who found ...

Export-import activities through Nakugaon Land Port in Sherpur’s Nalitabari Upazila will remain suspended for six days on the occasion of upcoming holy Eid-ul-Fitr, Pahela Baisakh celebration. However, the travel of passport holders through the immigration check post will be normal every day including Eid. The port authority confirmed this information. Nakugaon Import Exporter Association President Mostafizur Rahman Mukul said on ...

The newly elected Board of Directors of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by its President S.M. Mannan (Kochi), took charge of the trade body today for the term 2024-2026. Outgoing Board of Directors handed over the responsibility to the new Board at the 41st Annual General Meeting (AGM) held at BGMEA Complex in Uttara on Saturday ...

Elon Musk revealed Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as adoption of self-driving vehicles hits speed bumps over safety concerns. The billionaire boss of the electric car maker did not provide details, saying only in his post on X that the “Tesla Robotaxi unveil” will come on August 8, reports ...