Business

The import-export activities through Sonamasjid Land Port will remain closed for eight days on the occasion of Eid-Ul-Azha. However, the immigration department will be normal and the travelers carrying passports will be able to travel as usual. Sonamasjid Importer-Exporter Group President Kazi Md. Shahabuddin confirmed it. He said the import and export activities through the port will remain shut from ...

Sales of sacrificial animals at 22 cattle markets including two permanent haats in the capital will start tomorrow, five days before the second largest religious festival of the Muslim community, said officials concerned. According to the two city corporations, 9 temporary haats have been set up apart from Gabtali permanent haat in Dhaka North City Corporation (DNCC) area and 11 ...

The UK economy failed to grow in April after particularly wet weather put off shoppers and slowed down construction. The official data is what most economists had expected and comes after the fastest growth in two years from January to March, ending the recession from the final half of last year. The economy is a key battleground in the run-up ...

Bangladesh Railway has planned to add an extra 162 passenger coaches to trains for the increased number of passengers during the Eid tips. Meanwhile, tickets for these carriages will be available online 12 hours before train departure. According to Bangladesh Railway, there will be 60 broad-gauge and 102 meter-gauge coaches among the additional coaches. In line with the decision of ...

The unemployment rate has unexpectedly risen to its highest level for two and a half years, official figures show. The rate climbed to 4.4% in the three months to April, the highest since September 2021. Despite the increase, wage growth remained strong, with earnings continuing to rise faster than prices. There was another increase in the inactivity rate, bringing it ...

The Asian Development Bank (ADB) and the government of Bangladesh today signed a $250 million loan agreement to further strengthen Bangladesh’s social protection system. Md. Shahriar Kader Siddiky, Secretary, Economic Relations Division (ERD), and Edimon Ginting, Country Director, ADB, signed the loan agreement on behalf of Bangladesh and ADB, respectively, at a ceremony at ERD in the capital Monday, BSS ...

Bangladesh Road Transport Corporation (BRTC) will operate “Eid special bus services” beginning June 13 to ensure a smooth and comfortable journey of Eid holidaymakers like the previous year. The selling of advance tickets commenced on Monday and will continue till June 18, according to a press release, UNB reports. Passengers can purchase advance tickets from various BRTC depots across Dhaka, ...

Banks have been asked to be kept open in the industry-related areas on a limited scale on June 14, 15, and 16 to facilitate the sale of export bills. Bangladesh Bank (BB) in a notification stated that on the occasion of Eid-ul-Azha, in order to facilitate payment of salaries and bonuses to the workers, employees and officials working in the ...

Finance Minister Abul Hassan Mahmood Ali today said that Bangladesh could overcome all the challenges of the LDC graduation if the right policies and strategies are put in place. “Our strengths lie in our hardworking people, vibrant entrepreneurs, the young generation and people friendly government under the leadership of Hon’ble Prime Minister Sheikh Hasina,” he said. The Finance Minister said ...

Tour Operators Association of Bangladesh (TOAB), the apex tourism association of the tourism sector, demanded withdrawal of the 15 per cent value added tax, imposed on the tourism sector in the budget for the fiscal year 2024-25. Mohammed Rafeuzzaman, president of TOAB, came up with the demand in a meeting with the President of Federation of Bangladesh Chamber of Commerce ...