Category: Finance

The 7th Social Business Design Lab took place at Yunus Centre here on Saturday with a vow to translate the social business plans into reality as soon as possible.  

The country’s foreign currency reserve has hit the all-time high US$ 16-billion mark on the back of steady remittance growth and slowing imports, especially that of raw materials.  

The overall point-to-point inflation rate in the first month of the current fiscal year witnessed a downward trend as it dropped by 0.20 percentage points to 7.85 percent in July thanks to the declining tendency of both food and non-food…

The historic state-owned Muslin Cotton Mills, the largest cotton mill in Asia, is going to be reopened after 23 years under a private ownership.

The demand for taka has soared ahead of the Eid, but has failed to make much impact on the currency market, as call money rates has not significantly increased.

Passenger Welfare Association of Bangladesh (PWAB) claimed on Monday that some Tk 10,000 crore has been looted from homebound passengers ahead of Eid-ul-Fitr in the name of Eid tips and extra charges on roads, railways and waterways.

Agriculture experts at a ceremony on Friday stressed the need for expanded cultivation of short duration, off-season and indigenous parija paddy adopting newer cropping pattern for food security amid adverse climate.

Bangladesh’s foreign exchange reserve marked a slight rise to above US$ 15 billion mark as it totaled $ 15,494.76 million on July 30 this year, up from $ 15,315.23 million on June 30.   

The Board of Investment (BoI) on Monday approved US$ 60 million loan for seven projects. The approval came at the 77th meeting of the BoI Security Committee held at the Bangladesh Bank (BB) Bhaban with its governor Atiur Rahman in…

With hardly two weeks left for the Eid-ul-Fitr, the biggest religious festival of the Muslims, Rajshahi city has been caught by Eid shopping fever with modern and traditional shopping malls bustling with shoppers from all walks of life.

South Korean investors have said they want to invest in various prospective sectors in Bangladesh as they have a very good impression about the country.

As three out of four vessels of the prestigious, traditional and longest river route Rocket steamer service of Bangladesh Water Transport Corporation have gone out of order, seriously threatening closure of that service at any time ahead of Eid.

The inward remittance flow to the country during the first 19 days of the current month showed an encouraging sign, totalling $ 763.53 million as of July 19.

Bangladesh Bank on Tuesday fixed the current fiscal’s target of loan disbursement to agriculture and rural sectors at Tk 14,595 crore, up 3.29 percent than the loan disbursed during the fiscal 2012-13.

Japanese entrepreneurs have expressed their interest to invest in various sectors of Bangladesh.

Bangladesh Finance and Investment Company Limited (BD Finance) and Bangladesh General Insurance Company Limited (BGIC) will sign a Mamoranum of Understanding (MoU) on ‘Vanguard AML BD Finance Mutual Fund One’ on Monday.

Bangladesh’s foreign exchange reserve marked a slight fall, but still it stands at above US $ 15 billion mark as it totalled $ 15,123.90 million as of July 16, down from $ 15,315.23 million on June 30.

Chinese Company M/s. Tianye Outdor (BD) Co,. Ltd. (Unit-1) is going to set up a Tent & Bag industry in Ishwardi Export Processing Zone.

Finance Minister AMA Muhith, in his letter to chief of external panel of experts for the Padma Bridge Project Luis Moreno Ocampo, has said the World Bank on June 29 last year took a wrong, unnecessary and uncalled for decision…

Don Lee and Jim Puzzanghera

The country’s remittance inflow in the immediate past fiscal year stood at US$ 14.46 billion, up by 12.59 percent compared to its preceding fiscal.

Participants at the first annual conference of District Women Business Forum Barisal unit Monday stressed on expansion of women entrepreneurship for women empowerment and national development.

Low quality of imported goods, a small profit margin and high costs of transportation are discouraging dealers from doing business with the Trading Corporation of Bangladesh (TCB) in Sylhet.

The European Union (EU) on Monday reassured Bangladesh of remaining engaged in improving the labour conditions in Bangladesh.

A day long workshop on Islamic Finance was held at the Board Room of Islamic Finance and Investment Limited Head Office on Sunday.

Irri-Boro procurement drives progressing fast in 10 districts under Khulna division during this season.

With the theme “Making a Difference with Zakat”, a two-day long Zakat Fair 2013 a first ever in Bangladesh concluded adopting a ten-point declaration regarding right calculation, collection and distribution of Zakat at the National Shooting Federation Auditorium (Shooting Club),…

Another solid month of hiring in June could signal the start of a stronger second half of the year for the U.S. economy.

Insurance Development & Regulatory Authority (IDRA) has approved 11 new insurance companies as the government is running its term.