Business


Magsaysay Foundation applauds Dr Yunus for economic contribution

Business —27 June, 2024 13:51

Ramon Magsaysay Award Foundation (RMAF) has appreciated the contribution of Grameen Bank founder Dr Muhammad Yunus for supporting Bangladesh economy during…

Magsaysay Foundation applauds Dr Yunus for economic contribution

Japan provides $3.21m grant for human resource development

  Japan has provided 495 million Japanese Yen or US $3.21…

Japan provides $3.21m grant for human resource development
Thermax Group’s wealth soars with court-aided loan defaults

Thermax Group’s wealth increased dramatically by extracting…

Thermax Group’s wealth soars with court-aided loan defaults

Foreign minister hopes EPA talks with Japan to be concluded soon

Foreign minister hopes EPA talks with Japan to be concluded soon

Foreign Minister Dr Hasan Mahmud on Tuesday expressed hope that the Japan-Bangladesh Economic Partnership Agreement (EPA) would be concluded to get Japanese financial concession by…

Chinese company to invest $109m in BEPZA EZ

Chinese company to invest $109m in BEPZA EZ

Chinese company Alpen Banyan Garments BD Co. Ltd. today signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to invest US$ 108.99 million in BEPZA Economic…

FTA  with China meeting on Tuesday

FTA  with China meeting on Tuesday

Bangladeshi Senior officials of the Ministry of Commerce are expected to sit on Tuesday to discuss a Memorandum of Understanding (MoU) sent by Chinese authorities aiming to develop…

Rooppur plant’s payment in taka instead of dollar

Rooppur plant’s payment in taka instead of dollar

Due to the ongoing dollar crisis in Bangladesh, the government will pay the advance payment of the Rooppur nuclear power plant project in local currency instead of US dollars. According…

Criminal charges recommended against Boeing

Criminal charges recommended against Boeing

US prosecutors have recommended that the Department of Justice (DoJ) brings criminal charges against Boeing. It follows a claim by the DoJ that the plane maker had violated a settlement…

Bangladesh sees highest LC openings in almost 2 years in May: Here’s why

Bangladesh sees highest LC openings in almost 2 years in May: Here’s why

Bangladesh witnessed its highest Letter of Credit (LC) openings in 23 months, amounting to US $6.83 billion in May 2024, amid an ongoing foreign exchange crisis, according to Bangladesh…

Matiur Rahman removed from NBR

Matiur Rahman removed from NBR

President of the National Board of Revenue's (NBR) Customs, Excise and VAT Appellate Tribunal Md Matiur Rahman has been transferred to the Internal Resources Division (IRD) of…

Egypt keen to import rawhides from Bangladesh

Egypt keen to import rawhides from Bangladesh

Egypt has expressed its interest in importing rawhides from Bangladesh. Egyptian Ambassador to Bangladesh Omar Mohie Eldin Ahmed Fahmy expressed this keenness during the meeting with…

PDB’s loss to increase by 196% to Tk18000cr in 2025, despite subsidy and price hikes: CPD

PDB’s loss to increase by 196% to Tk18000cr in 2025, despite subsidy and price hikes: CPD

The Centre for Policy Dialogue (CPD), a think tank, on Sunday said that ongoing losses of the Power Development Board (PDB) will increase by 196 percent to Tk 18,000 crore by 2025…

Govt asks Matiur not to join Sonali Bank's board meeting

Govt asks Matiur not to join Sonali Bank's board meeting

The government has instructed Matiur Rahman, who has come into spotlight after a controversy over his wealth, not to attend the board meetings of Sonali Bank PLC. Talking to reporters…

Bangladesh receives $900m WB financing to increase economic, urban resilience

Bangladesh receives $900m WB financing to increase economic, urban resilience

The World Bank (WB)'s Board of Executive Directors yesterday approved two projects totaling US$900 million to helpBangladesh strengthen fiscal and financial sector policies and improve…

BIMSTEC Secretary General emphasizes regional collaboration for inclusive digital landscape 

BIMSTEC Secretary General emphasizes regional collaboration for inclusive digital landscape 

 Ambassador Indra Mani Pandey, Secretary General of BIMSTEC, on Saturday stressed the need for collaboration among Member States for promoting an open, safe and inclusive digital…

Hasina urges Indian businesses to invest in Bangladesh

Hasina urges Indian businesses to invest in Bangladesh

Prime Minister Sheikh Hasina has invited Indian businessmen to come up with investment in Bangladesh, saying that she priorities all neighbouring countries for it. "You (Indian businessmen)…

BD to get third chunk of IMF loan next week 

BD to get third chunk of IMF loan next week 

The disbursement of the third tranche of the International Monetary Fund (IMF) loan proposal will be presented on June 24 at the next executive council meeting. If approved, Bangladesh…