Uber on Wednesday reported a profit in second quarter on one-time gains and said its pandemic-stalled ride-hailing business was showing signs of recovering.
Read More »Govt to procure 30 Oxygen generator plants
The Cabinet Committee on Economic Affairs (CCEA) approved on Wednesday a proposal in principle to procure 30 Oxygen generator plants under Direct Procurement Method (DPM).
Read More »BGMEA requests India to expedite trade through Bangaon-Benapole land port
Hassan said Bangladesh’s apparel exporters are importing substantial volume of raw materials from India and the transit time from India to Bangladesh is crucial
Read More »Govt to import 50,000 tonnes of rice from India
The government is going to import 50,000 tonnes of rice from India at Tk 32 per kilogramme, which is 32 per cent below the wholesale prices of coarse grain in the local markets of Dhaka.
Read More »Stone, limestone import through Sylhet border resumes today
Suspended since May 01 this year, the import of stones and limestones through Bholaganj LC station from the Indian state of Meghalaya would begin tomorrow (Thursday), official sources informed.
Read More »Low-cost funds for women entrepreneurs
The cost of funds for women entrepreneurs has declined as the Bangladesh Bank yesterday said they would be able to borrow at a 5 per cent interest rate under one of its refinance schemes.
Read More »Power subsidy to rise by Tk 165bn
The government may need to increase subsidy by an additional sum of Tk 165 billion in the power sector during the current fiscal year.
Read More »Market stakeholders urged not to make comments that create controversies
A commissioner of the securities regulator has urged the stakeholders to refrain from making ‘illogical’ and ‘unnecessary’ comments which generate debate in the stock market.
Read More »Bangladesh’s trade deficit snowballing as imports far outstrip exports
Trade deficit of Bangladesh widened by nearly 28 per cent in the just-concluded fiscal year for higher import-payment pressure on the economy amid lower receipts from external trade, officials said.
Read More »Lenders hatch plan for closure of coal power plants
Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said.
Read More »