Current News

Bangladesh Bank will start releasing new currency notes of Tk23,000 crore in the market from April 20 through 32 branches of different scheduled banks. The central bank has already printed new notes to meet the demand ahead of holy Eid-Ul-Fitr, said Md Serajul Islam, executive director and spokesperson of the …

Production in spinning mills in this peak season has remained halted over the past six days because of a severe crisis of gas for overhauling at the Bibiyana gas field. Following the suspension in production, the millers are fearing that the export of garment items will be affected because of …

Agriculture Minister and Awami League Presidium Member (AL) Dr Abdur Razzaque said on Thursday there is no food crisis in the country and not a single person has remained unfed. He said this while inspecting seed production field at Manikganj, Singair and Ghior Upazila. The Agriculture Minister said BNP leaders …

At a time when the key index of the Dhaka Stock Exchange (DSE) is on the decline and turnover plummeting, the SME index has skyrocketed for an influx of investors lured by “risky” shares on speculations that they would rise further. The DSE SME index surged around 170 per cent …

Bangladesh’s trade deficit escalated by 80 per cent in the first eight months of the ongoing fiscal year in the wake of a surge in import payments against lower exports receipts. Between July and February, the trade deficit, which occurs when the value of imports exceeds the value of exports, …

Dhaka stocks have extended its losing streak for a fourth consecutive day yesterday. The DSEX, the benchmark index of Dhaka Stock Exchange, went down 21 points, or 0.31 per cent, to end the day at 6,641. However, turnover, an important indicator of the market, rose to Tk 515 crore, 5 …

In the last six years, there is no progress in implementation of the Prime Minister’s directive about imposing simple tobacco tax structure which is causing threat to public health and increasing tobacco consumption in the country, said experts. The experts came up with the statement speaking at a virtual roundtable …

Commerce Minister Tipu Munshi came under fire in parliament on Tuesday from opposition lawmakers for what they said his failure to check the soaring prices of essential commodities. Participating in discussion on the Trade Organisation Bills-2022 members from Jatiya Party and BNP also blasted the government for its failure to …

The net sales of national savings certificates dropped by 49.88 per cent or Tk 14,621.97 crore year-on-year in July-February of the fiscal year 2021-2022 as the government tightened NSC sales rules to contain people’s buying spree of the savings instruments. According to Bangladesh Bank data, the net sales of NSCs …

Bangladesh’s gross domestic product is expected to grow by 6.9 per cent in the running FY2021-22, according to an Asian Development Bank report released on Wednesday. The bank’s Asian Development Outlook 2022 said that the growth forecast reflects rebound in external trade and recovery in domestic economic activities fuelled by …