All News

World
a minute ago

Fourth-phase polls begin in India

The fourth phase of voting in India’s general election is under way in 96 seats across nine states and one union territory. Polling began at 7:00 am on Monday (May 13) will end at 6:00 pm. The first three phases of the mammoth vote were held on April 19, April 26 and May 7. The results will

Asia/South Asia
5 minutes ago

Cold lava sweeps Indonesian villages near volcano, killing 37

At least 37 people were killed after flash floods and cold lava flowing from a volcano hit the western Indonesian island of Sumatra. Hours of heavy rain on Saturday swept torrents of ash and rocks down Mount Marapi, the most active volcano in Sumatra. The cold lava mudslides inundated two distric

Stock
7 minutes ago

Dhaka bourse up, propelled by pharma stocks

The Dhaka bourse closed the week's first session with a moderate gain in the broad index, overcoming the loss of the previous session. Companies of the pharmaceuticals & chemicals sector propelled the rise of the DSEX to 5696.72 points with a gain of 0.63 per cent or 35.67 points on Sunday. The se

Economy
10 hours ago

Credit card use by foreigners declines 5.59pc in March

Although credit card transactions by foreign nationals within Bangladesh experienced a decline in March this year, the overall trend in transactions displayed an upward trajectory. Credit card transactions within Bangladesh by foreign nationals declined to Tk 2.26 billion in March 2024 fro

Trade
10 hours ago

Traders reluctant to import onion for dollar appreciation

Traders show reluctance to import onion amid a record appreciation of US dollar as well as India's imposition of tectonic duty on its export. Meanwhile, the price of the key kitchen spice has increased further in domestic market as local traders are cashing in on 'least import', insiders s

Economy
10 hours ago

BSC seeks addl China aid after cost rise

Dhaka has requested further financial assistance from Beijing to procure two additional ocean-going vessels, according to sources familiar with the discussions. The move comes after rising shipbuilding costs forced the Bangladesh Shipping Corporation (BSC) to scale back its original plan t

Economy
10 hours ago

Sonali Bank, BDBL sign MoU to proceed with merger plan

State-owned Sonali Bank PLC and Bangladesh Development Bank PLC (BDBL) took a step forward in their merger plans on Sunday by signing a memorandum of understanding (MoU) hoping to become a stronger financial institution. The MoU was signed at the Bangladesh Bank headquarters in the city. M

Economy
10 hours ago

Likely negotiation takeoff May 19

High-level negotiations may take off within days for signing a multidimensional cooperation deal called Economic Partnership Agreement (EPA) between Bangladesh and Japan principally to boost the bilateral trade. The Dhaka-Tokyo talks are supposed to be held in the capital city, Dhaka, on May

Economy
10 hours ago

Govt net borrowing falls below target in first eight months

The government's total net domestic borrowing -- from the banking system and non-banking sources -- reached Tk 361.76 billion in the July-February period of the current fiscal year (FY2024), according to Bangladesh Bank statistics. This represents around 23 per cent of the target set in the nation

Economy
10 hours ago

A catch-all tax dragnet likely in new budget

Zero-rated import taxing is no more as a catch-all tax dragnet is being set in the upcoming budget to spare none, nor even the special- privilege-enjoying lawmakers, sources say. A provision of nominal taxes is envisaged to replace the complete waiver, as part of a latest plan to enhance Ban

Most Read