Business

  • WB approves $507m fund for Bangladesh projects

    Dhaka : The World Bank on Thursday approved $507 million in financing for two projects in Bangladesh – both containing an infrastructure element. In the finance sector, the larger project to which the World Bank will commit over $350 million, seeks to enhance local financial institutions’ capacity to provide long-term financing for private sector-led infrastructure … বিস্তারিত »

  • 17% drop in remittance flow

    News Desk : The flow of remittance into Bangladesh has dropped 17 percent in the first nine months (July-March) of the current fiscal year than the same period last fiscal. The flow, however, registered a rise in March than February this year. Concerned over the drop in remittance, Finance Minister AMA Muhith considers the downtrend … বিস্তারিত »

  • Basic Bank needs additional care

    DHAKA : Finance Minister AMA Muhith today underscored the need for taking additional care for the Basic Bank to solve the bank’s various problems, including its capital deficit. “We will have to discuss about the Basic Bank separately. We will do separate nursing for the bank in future,” he told journalists after a meeting with … বিস্তারিত »

  • NBR plans to reward tax-paying families

    DHAKA : The National Board of Revenue (NBR) has planned to reward the families whose all eligible members submit income tax return. “To motivate people for submitting income tax return, we’ve mulled to introduce tax-paying family award for those with all eligible members paying tax,” said NBR Chairman Nojibur Rahman. He said the tax officials … বিস্তারিত »

  • Leather to see $5b export earnings by 2021: Tofail

    DHAKA : Commerce Minister Tofail Ahmed today said country’s leather and leather products would register US$ 5 billion export earnings by 2021. “The government is providing 15 percent cash incentive for the export of leather products while offering additional 5 percent incentive for those products which are being exported from Savar Tannery Industry,” he added. … বিস্তারিত »

  • Stocks end with marginal gain

    DHAKA : Stocks on both bourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-ended the second trading session of the week on Monday with a nominal gain. The broader DSEX index of DSE finished the session 21.98 points or 0.39 percent up to close 5604.99 points. The Shariah DSES rose by 4.35 points or 0.33 … বিস্তারিত »

  • Transport strike in Sylhet hits business hard

    Sylhet District Microbus Workers’ Association on Saturday enforced an indefinite transport strike in Sylhet demanding the release of its three arrested workers. Vehicular movement across the district came to a halt as the workers took position at several key points in different areas, including the city in the morning, disrupting the movement of people and … বিস্তারিত »

  • Accept demand, buy meat at Tk 300 per kg

    Dhaka: Meat traders on Friday claimed that they will be able sell beef at Tk 300 per kg if their four-point demand is met. “If our demands are met and the hassles in importing cows from India are removed, we’ll be able to sell beef at Tk 300 per kg or even less,” Bangladesh Meat … বিস্তারিত »