Notice: Undefined index: HTTP_REFERER in /mnt/volume_sgp1_04/busine23n9s5der/public_html/common/config.php on line 2

Notice: Undefined index: HTTP_ACCEPT_LANGUAGE in /mnt/volume_sgp1_04/busine23n9s5der/public_html/common/config.php on line 14
Archives - 9

Dhaka, Thursday


26 December 2024


Strict measures underway to grab godfathers in financial sector’s corruption: Salehuddin

Strict measures underway to grab godfathers in financial sector’s corruption: Salehuddin

Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed on Saturday said the government is taking strict measures to catch the godfathers of corrupt individuals in the financial sector, including money launderers

00:56 8 September 2024

IFAD reassures support to transform Bangladesh’s rural economy

IFAD reassures support to transform Bangladesh’s rural economy

The International Fund for Agricultural Development (IFAD) has reassured its continuous support in transforming Bangladesh`s rural economy

01:00 7 September 2024

Brent crude falls to lowest price in year-and-a-half

Brent crude falls to lowest price in year-and-a-half

The price of the main international oil contract fell Friday to its lowest level since March 2023 as concerns about sluggish global growth outweighed a decision by major OPEC+ exporters to continue voluntary production cuts

00:56 7 September 2024

App helps Mexican tortilla makers join digital economy

App helps Mexican tortilla makers join digital economy

Long marginalized by the banking industry, Mexico`s neighborhood tortilla producers are cautiously embracing financial technology, in a country where cash is still king for many

00:53 7 September 2024

7-Eleven owner rejects initial takeover bid from Canadian rival

7-Eleven owner rejects initial takeover bid from Canadian rival

The Japanese owner of 7-Eleven said Friday it had rejected a takeover bid from Canadian retail giant Alimentation Couche-Tard, saying the proposal "grossly undervalues" the company

00:44 7 September 2024

10 banks face provision shortfall of over Tk 31,000cr

10 banks face provision shortfall of over Tk 31,000cr

Ten banks, including six private commercial ones, faced a provision shortfall of around Tk 31,549 crore in total at the end of June this year, as per the latest data of Bangladesh Bank (BB)

00:38 7 September 2024

CA’s message marking one-month of student-people uprising

CA’s message marking one-month of student-people uprising

The Chief Advisor of the interim government Prof Dr. Muhammad Yunus on Thursday issued a message marking one-month of the student-people uprising

01:17 6 September 2024

Asian markets rebound from sell-off but US data keps traders wary

Asian markets rebound from sell-off but US data keps traders wary

Asian markets bounced Thursday after the turmoil of the previous day as traders assess the outlook for US interest rate cuts after another set of below-par data put extra focus on the upcoming jobs report

01:08 6 September 2024

Greek economy on rebound but many still struggling

Greek economy on rebound but many still struggling

Greek barista Kyriakos Giannichronis has seen the headlines about his country`s newly booming economy after years of recession -- but he does not feel the wealth

01:04 6 September 2024

Europe’s main stock markets fall further at open

Europe’s main stock markets fall further at open

Europe`s main stock markets extended losses at the open on Thursday as investors await a key US jobs report that could shed light on the state of the US economy

01:01 6 September 2024

China’s Xi pledges over $50bn in financing for Africa over next 3 years

China’s Xi pledges over $50bn in financing for Africa over next 3 years

Chinese leader Xi Jinping on Thursday pledged more than $50 billion in financing for Africa over the next three years and promised to help create at least a million jobs on the continent

00:58 6 September 2024

Walton declares attractive 350% cash dividend

Walton declares attractive 350% cash dividend

Walton Hi-Tech Industries PLC, the country’s leading electronics company listed on the capital market, declared a 350 percent cash dividend to its general shareholders for the financial year 2023-24, despite challenging circumstances

00:33 6 September 2024

Stocks perform mixed

Stocks perform mixed

Stocks on Thursday performed mixed with major indices finishing flat

00:27 6 September 2024

Govt won’t allow wasting public money: Salehuddin

Govt won’t allow wasting public money: Salehuddin

Science and Technology Affairs Adviser Dr Salehuddin Ahmed on Thursday said the government will not allow wasting public money anymore

00:24 6 September 2024

NBR cuts import duty on onion, potato

NBR cuts import duty on onion, potato

The National Board of Revenue (NBR) has slashed duty on import of onions, potatoes, and pesticides in an effort to control its prices in the local market

00:22 6 September 2024

BB simplifies raw materials import process

BB simplifies raw materials import process

Bangladesh Bank (BB) has simplified the process of importing raw materials and capital machinery

00:20 6 September 2024

Taskforce to be formed to bring back laundered money: Salehuddin

Taskforce to be formed to bring back laundered money: Salehuddin

Adviser to the interim government on the ministries of Finance, Commerce, Science and Technology Dr Salehuddin Ahmed on Thursday said the government will form a taskforce to recover laundered money

00:13 6 September 2024

Asian markets plunge with Wall St after Nvidia rout, weak US data

Asian markets plunge with Wall St after Nvidia rout, weak US data

Tech firms led a plunge across Asian markets Wednesday after a rout on Wall Street fuelled by a collapse in chip titan Nvidia and disappointing data on US factory activity that revived recession fears

00:47 5 September 2024

Stocks extend losing streak

Stocks extend losing streak

Stocks on Wednesday extended its losing streak as the risk-averse investors preferred to book profit on quick-gaining shares

00:39 5 September 2024

DCCI urges NBR for CMSME friendly tax structure

DCCI urges NBR for CMSME friendly tax structure

Dhaka Chamber of Commerce and Industry (DCCI) on Wednesday urged the National Board of Revenue (NBR) to simplify tax structure for ensuring Cottage, Micro, Small and Medium Enterprise (CMSME) friendly environment

00:37 5 September 2024

Govt to procure 60,000 tonnes fertilizer, 10,000 tonnes lentil

Govt to procure 60,000 tonnes fertilizer, 10,000 tonnes lentil

The Advisers Council Committee on Government Purchase on Wednesday approved separate proposals for procuring some 60,000 metric tons of fertilizer and 10,000 metric tons of lentil to meet the growing demand of the country

00:32 5 September 2024

BB dissolves IFIC Bank board, forms new board

BB dissolves IFIC Bank board, forms new board

The Bangladesh Bank (BB) has dissolved the board of directors of the IFIC Bank PLC

00:29 5 September 2024

BB to form 3 task forces to improve banking sector: ABB

BB to form 3 task forces to improve banking sector: ABB

Association of Bankers Bangladesh (ABB) Chairman Selim RF Hussain on Wednesday informed that Bangladesh Bank (BB) will form three task forces to improve the current situation of the country’s banking sector

00:23 5 September 2024

Govt to procure LNG from spot market

Govt to procure LNG from spot market

The Advisers Council Committee on Economic Affairs on Wednesday approved a proposal in principle for procuring LNG from the spot market to meet the emergency demand for gas in the country

00:20 5 September 2024