Current News

The Bangladesh Bank has decided to launch a taka-rupee debit card in the country in September to allow travellers to make payments through the card at home as well as in India. The card will allow individuals to make local payments as well as settle payments in the Indian rupee …

Most of the readymade garment (RMG) manufacturers have paid the wages and Eid bonuses on or before April 19, said the Industrial Police and the industry insiders. Moreover, there have been no complaints regarding the payments of wages, allowances and bonuses to the workers of the RMG sector ahead of …

The demand for cash withdrawal has surged before Eid raising the call money rate for interbank transactions. According to Bangladesh Bank website data, the average call money rate increased from 5.99% to 6.19% between April 2 and April 18. Data also shows that the lowest interest rate during this time …

Economists have praised the move to adopt alternative currencies, such as the Indian Rupee and Chinese Yuan, in foreign projects and bilateral trade to ease the foreign exchange reserve. As of Tuesday, the forex reserve stood at $31.11 billion, with the balance of payment in a tight situation due to …

In anticipation of Eid, the sugar market has witnessed a fresh surge in prices, which were already at a record high, after refiners proposed an upward price adjustment in accordance with global rates. FE On Wednesday, sugar rose to Tk 130-145 per kg in retail, up from Tk 118-130 per …

Demand for air conditioners, electric fans and rechargeable fans in the capital Dhaka has surged amid a sizzling hot summer in the country. According to the Bangladesh Meteorological Department, temperature in the capital rose to a 58-year record high to hit 40.6°C on Sunday. Dhaka was one of the 13 …

The amount of money transactions through internet banking soared by 63.63 per cent to Tk 2,19,960 crore in the July-February period in the financial year 2022-23 compared with that of Tk 1,34,425 crore in the same period of the previous financial year, as a growing number of people now prefer …

Weavers of traditional Monipuri-style clothing in greater Sylhet passed busy days ahead of the upcoming Eid-ul-Fitr as sales and prices have been good amid the ongoing festive season, which contributes most of their annual earnings. Traders from all over Bangladesh started arriving at markets in the region about a week …

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) yesterday gave away Tk 1.42 crore among 142 small traders whose businesses in the capital’s Bangabazar have been severely affected by a devastating fire on April 4. Each businessman received Tk 1 lakh. MCCI President Md Saiful Islam handed over the …

It was 11.45 pm on Tuesday. Shopping malls and markets usually remain shut at this hour of the day. But, the bustling shopping district for clothing and lifestyle items in the Mirpur-1 area was abuzz with shoppers. Some came in drove and they were all in a festive mood, going …