A strong dollar and runaway inflation continued to hit the businesses of general insurers, dragging down profits of most of them in 2023, compared to the year before. Almost all business activities in the country remained sluggish in 2023, owing to lingering macroeconomic uncertainties, wh
International oil companies (IOCs) have the opportunity to bid for any number of blocks in Bangladesh's ongoing offshore bidding round for hydrocarbon exploration in the Bay of Bengal, officials said on Wednesday. "We are very flexible in the bidding round to allow potential IOCs to participate,"
A tax expenditure committee has recommended narrowing the tax gap between publicly traded and private limited companies. It also proposes phasing out tax exemptions on capital gains for individual investors in the capital market. Share capital gains are the largest source of the country's tax exp
Bangladesh is getting US$1.152 billion, more than double the amount scheduled in the third tranche of an IMF loan meant to prop up falling forex reserves. The all-clear comes as the International Monetary Fund (IMF) Wednesday reached a staff-level agreement with the Bangladesh authorities on the p
Bangladesh taka tumbles in the biggest single-day depreciation against the US dollar as the regulator relaxed exchange rate and raised price of the greenback by Tk 7.00 to Tk 117. Under a reform recipe evidently shaped in line with IMF loan terms, the central bank Wednesday also announced
Representatives of Swiss Agency for Development and Cooperation (SDC) met with different types of farmers working with and benefiting from the organisations like WeGro Technologies Limited and iPAGE Global Inc at Satiantola under Sadar upazila in Bogura. The co-branded debit card for WeGro farmers
Mohammed Rabiul Hossain has been reappointed as the Managing Director and CEO of Uttara Bank PLC until December 31, 2025. Mr Hossain started his banking career at Uttara Bank as a Probationary Officer in 1987. In his long illustrious Banking career, he has performed duties and responsibilities as
The raffle draw of the remittance campaign jointly organised by Social Islami Bank and Western Union took place on Wednesday (May 8) at the bank’s head office in Dhaka. Zafar Alam, Managing Director and CEO of the bank was present at the programme as chief guest. Md Shahjalal, a remittance
Popular Fast food chain brand ‘Fry Bucket’ has launched three more outlets in Dhaka city recently. Animesh Saha, executive director of Fry Bucket, inaugurated the outlets at Mirpur-2, Begum Rokeya Sarani of Shewrapara and Shahid Baki Road of Khilgaon. Anisul Islam, Head of
তরুণ প্রজন্মের জনপ্রিয় কণ্ঠশিল্পী, চ্যানেল আই ক্ষুদে গানরাজ চ্যাম্পিয়ন ২০১৫ খ্যাত ও চ্যানেল আই মিউজিক অ্যাওয়ার্ড প্রাপ্ত নুজহাত সাবিহা পুষ্পিতা'র নতুন মৌলিক গান ও মিউজিক ভিডিও “মায়া লাগে” প্রকাশিত হয়েছে বলে এক সংবাদ বিজ্ঞপ্তিতে জানানো হয়েছে। বিজ্ঞপ্তিতে বলা হয়, "Shuvo Entertainment" না
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that green energy transition needs coordinated initiative and major investment. “The developed world, including Europe, is moving towards renewable energy. We also need to increase the use of renewable energy,&rdquo
Speakers at a programme in Dhaka on Tuesday underscored the need for the formulation of a comprehensive policy on renewable energy in order to pave the passage for enhancing the use of renewable energy like solar power to meet the government’s target of generating 40 percent of electricity fr
