The prices of diesel and kerosene have been reduced by Tk 1 per litre with effect from January 1. According to new prices, set by the Energy and Mineral Resources Division for the month of January, per litre of diesel and kerosene will be sold at Tk 104 instead of earlier price of Tk 105 while prices of octane and ...
Read More »Business
Women working at home could risk missing out, says Nationwide boss
Women may be at risk of missing out on opportunities at work as they are less likely to go into the office than men, the boss of the world’s biggest building society has said. Speaking to BBC R4’s Today programme, Nationwide chief executive Debbie Crosbie said it was important for career growth to have a “physical presence” in the workplace. ...
Read More »Female governor to lead Syria’s central bank for first time in 70 yrs
Syria’s new rulers have appointed Maysaa Sabrine, formerly a deputy governor of the Syrian central bank, to lead the institution as the first woman to do so in its more than 70-year history, a senior Syrian official said. Sabrine, a longtime central bank official mostly focused on oversight of the country’s banking sector, did not immediately respond to a request ...
Read More »Avanti West Coast strike to hit New Year’s Eve trains
Rail passengers on Avanti West Coast routes will face a “significantly reduced” service on New Year’s Eve due to a strike by train managers. A dispute over rest days will see train managers who are members of the RMT union walk out on 31 December and 2 January. Avanti says the few trains running will be very busy, and advises ...
Read More »DSEX index up by 9.15 points, prices of 189 companies advanced in first hour Monday
The Dhaka Stock Exchange (DSE), the country’s main capital market, saw an upward trend in the first hour on Monday. The 3 indexes of the Dhaka stock market DSEX, DSES, and DS30 increased in the morning. The main index DSEX increased by 9.15 points to 5,213.93 points, the DSES Shariah index rose by 1.32 points to 1167.62 points, and the ...
Read More »Bank transaction to remain closed on Tuesday
There will be no transaction at banks and financial institutions across the country as the bank holiday on December 31. Two stock markets will also remain close on Tuesday. But important branches of the banks will remain open, but no transaction will be held. During bank holidays, no transactions are conducted by Bangladesh Bank, any bank to bank, or bank ...
Read More »Forex reserves cross $21 billion: BB
Bangladesh’s foreign exchange reserves have surpassed $21 billion, bolstered by a $1 billion inflow from international lending institutions, including the Asian Development Bank (ADB), over the past week. Bangladesh Bank’s Executive Director and Spokesperson Husne Ara Shikha confirmed the development on Friday, noting that the reserves have risen due to external loan disbursements and an uptick in remittance inflows. As ...
Read More »NBR to launch door-to-door campaign to boost VAT collection
The National Board of Revenue (NBR) has decided to launch a door-to-door campaign aimed at improving Value Added Tax (VAT) collection, as the revenue inflow from this sector looks to be “unsatisfactory”. According to data provided by the NBR, VAT collection up until October stood at Tk 41,192 crore, falling short of the target of Tk 51,904 crore. While briefing ...
Read More »CNG stations to remain shut for 3 hours from Jan 1
All CNG stations across the country will remain closed for three hours, from 6pm to 9pm, from Wednesday (January 1). The stations usually remain closed from 6PM to 11PM everyday. Petrobangla said that the government made this decision considering requests from CNG station owners and protests by CNG drivers. As per the new directive, the closure time of the CNG ...
Read More »Inward remittance thru MFS surges 95pc in October
Bangladesh’s migrant workers sent home Taka 1,102.22 crore in remittances through mobile financial service (MFS) providers in October 2024, according to Bangladesh Bank (BB) data. This figure represents a remarkable 95.22 percent year-on-year (YoY) increase from the Tk 564.61 crore that was sent home through MFS providers in October 2023, reports BSS. The increase reflects the growing popularity of MFS, ...
Read More »