Current News

Bangladesh is going to send a list of six projects to the Saudi government, including the Dhaka-Barishal-Payra rail link project, in the first phase seeking investment. The decision came at an inter-ministerial meeting at the National Economic Council with Finance Minister AHM Mustafa Kamal in the chair yesterday

Bangladesh and the Eurasian Economic Commission (EEC) are set to sign an agreement on cooperation in 21 sectors to facilitate bilateral trade and economic development. Commerce Minister Tipu Munshi and a member of the EEC board will sign the deal in Moscow on May 31, officials said. The EEC is …

The country’s poverty rate came down at 21.8 per cent in 2018, according to the latest data of the Bangladesh Bureau of Statistics (BBS). Meanwhile the poverty rate, as per the lower poverty line or people living in extreme poverty, came down at 11.3 per cent in last year. The …

African nations have surpassed India to become the largest source of cotton for Bangladesh as local spinners and millers look to cut down their dependence on a single source for their vital raw material. Last year, Bangladesh, the largest importer of cotton in the world, met 37.06 percent of its …

Trade deficit fell 9.24 percent year-on-year to $11.92 billion in the first nine months of the current fiscal year, giving some breathing space to the government in managing the economy. A steady growth of exports against a slowdown in imports narrowed the trade gap between July and March.

Solving local problems using homegrown innovations will be key to pulling off major business successes in the digital industry, said a top e-ecommerce expert in the region. “Companies will have to focus on localising innovations. Only then they can go beyond their expectations,” said Ravi Garikipati, the immediate past chief …

Biman Bangladesh Airlines resumed Dhaka-Delhi direct flights yesterday, over four years after it suspended flight operations on the route.

North-East India can unlock its potential through improved connectivity which will benefit neighbouring countries including Bangladesh. This was said at a workshop titled “Bangladesh–Leveraging Growth Opportunities in the Neighborhood” jointly organized by the Policy Research Institute of Bangladesh (PRI) and the World Bank Group in the capital yesterday. Discussants in …

The meeting of the Inquiry Committee decided that they would submit the final report to the Bangladesh Securities and Exchange Commission (BSEC) for actions against ACI Dhaka Stock Exchange (DSE) will further investigate the alleged financial irregularities of ACI Logistics Limited, or Shwapno, as DSE Inquiry Committee found the explanation …

Farm mechanization urged for reducing tobacco production The Ministry of Health has proposed that the minimum price of per stick of cigarette should be Tk9 while the Ministry of Agriculture has called for farm mechanization to decrease tobacco production. Health Minister Zahid Malek, in a letter addressed to Finance Minister …