The Investment Corporation of Bangladesh and the Dhaka bourse have renewed efforts for the listing of state-run enterprises (SoEs), an issue that is dragged out of the forgotten stuff every now and then but to no avail. In the latest attempt prompted by the prime minister's insistence at a recent
The amount of inward remittances collected and disbursed through the country's agent banking increased by 4.75 per cent in the January-March quarter this year over the previous quarter. At the end of March 2024, the amount of inward remittances through agent banking rose to Tk 1.49 trillion, acc
Bangladesh has seen a 22.31-percent year-on-year decline in garment exports to India during the first nine months of the current fiscal year, data shows, despite an increase in shipments to other non-traditional markets. Exporters point at shrinking demand in India and the growing influence
Bangladesh's GDP (gross domestic product) has been projected to be 5.82 per cent for the current fiscal year. According the provisional figures of the Bangladesh Bureau of Statistics (BBS), the size of the country's GDP in the current prices has been estimated at Tk 50.80 trillion or US$449 billio
Taxmen on hunt for revenue now trapped online gamblers onto tax net and taxed Tk 500 million in one instance. Officials said the National Board of Revenue (NBR) realised evaded taxes worth Tk 500 million Monday from online gambling-company Ulkagames. The High Court Division of the Supreme C
Regulators backpedal from banning battery-operated auto-rickshaws from Dhaka's perilously jammed roads as drivers run riot in protest on grounds that their livelihood would run into risk. Road Transport and Bridges Minister Obaidul Quader Monday announced that Prime Minister Sheikh Hasina pe
Bankers exasperate over deposit-stock depletion as bank-merger panic and treasuries bait drive away depositors and investors, leaving some of the lenders high and dry, sources say. The trend again leads to a rise in the volume of mattress money or currency outside the banking channel, offici
Foreign Minister Dr Hasan Mahmud has said that there have been no reports of any serious injuries or casualties among Bangladeshi students regarding the recent attacks on foreign students by locals in Bishkek, the capital of Kyrgyzstan. “Our ambassador stationed in Tashkent, Uzbekistan, the
US President Joe Biden on Monday slammed the International Criminal Court prosecutor’s application for arrest warrants for senior Israeli officials including Prime Minister Benjamin Netanyahu, calling the move “outrageous”. “And let me be clear: whatever this prosecutor mig
Photo: PID The cabinet has approved the signing of the Apostille Convention. Once signed, this international convention will eliminate the need for further authentication of various certificates, documents, and affidavits of Bangladeshis going abroad if they have been duly authenticated in Banglad
Election Commissioner Md Alamgir has stated that there are no restrictions, rules, or regulations in national or local government polls regarding the percentage of votes cast required to deem an election acceptable. “The EC isn’t bothered about it. The EC will be satisfied with
Iran proclaimed five days of mourning for President Ebrahim Raisi on Monday, though the muted atmosphere revealed little of the spectacular public grief that has accompanied the deaths of other senior figures in the Islamic Republic's 45-year history. While government loyalists packed into mosques
