Current News

Euro zone business activity picked up slightly in June but remained weak as a modest but broad-based upturn in the services industry offset a continued deep downturn in factory output, a survey showed.

Prime Minister Sheikh Hasina has said Bangladesh is likely to become 25th largest economy globally in 10 years.“Whatever gaps or limitations that we have, we are ready to correct those. So, we are for open regionalism,” the Prime Minister said.

The Chamber Judge of the Supreme Court on Tuesday stayed a High Court order that directed to maintain a status-quo on a Bangladesh Bank policy offering special privileges to loan defaulters.

Remittance hit an all-time high of $16.40 billion in the just concluded fiscal year, lending some breathing space to the central bank as it continues to sell US dollars to maintain the exchange rate.

The higher tax on profits from national savings instruments from this fiscal year will be applied on both new and old certificates, in a blow to the fixed income population.

Bangladesh will have to invest more in its young people if it wants to make the most of the demographic dividend, speakers said yesterday.

The National Board of Revenue (NBR) has exemp-ted value-added tax and supplementary duty on the import of raw materials for sanitary napkin and nappy for two years with a view to encouraging domestic production of the two hygiene products for females and babies.

Bangladesh will be among the countries that are projected to be hit hard by heat stress, which will damage productivity and cause job and economic losses, according to a new report from International Labour Organization (ILO).

Stocks plummeted sharply yesterday, especially those of cement, ceramics, power and textile companies, as news spread of a gas price hike.

A ceasefire in the US-China trade war is doing little to relieve pressure on the Federal Reserve to stimulate the economy.