The digital divide between urban and rural Bangladesh has widened further in the first quarter of the current fiscal year, with individuals using the internet in urban areas now almost double that of rural regions, according to a latest survey of the national statistical agency.
Businesses hope for the year 2025 to bring about stability as normalcy has started to be restored in businesses following turbulent times both at home and abroad.
Throughout 2024, gold seemingly became synonymous with price hikes amid economic turbulence, a weakening taka and plummeting interest rates on savings tools, making the precious metal a safe bet for middle and upper-middle-income people, according to jewellers.
The Bangladesh Bank can now take legal action against mobile financial service (MFS) provider Nagad Limited over alleged irregularities as the Payment and Settlement System Act, 2024 came into effect yesterday.
Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on Opec+ led efforts to shore up the market, a Reuters monthly poll showed on Tuesday.
Sri Lanka’s consumer price index fell 1.7 percent year-on-year in December after dropping 2.1 percent in the previous month, the statistics department said on Tuesday.
EPL (Export Link) Accessories Limited is planning on investing $8 million to set up an accessories manufacturing factory in Bepza Economic Zone at Mirsarai of Chattogram, around 200 kilometres southeast of capital Dhaka.
SK Trims & Industries, a manufacturer of garment accessories, suffered a loss and a decline in revenue in the first quarter of fiscal year 2024-25.
China’s manufacturing activity expanded in December for the third month in a row, official data showed Tuesday, as leaders fight to reverse a slowdown in the world’s number two economy.
The stock market in Bangladesh began the new year on a positive note, with major indices showing an uptick on the first trading day of 2025..The DSEX, the broad index of the Dhaka Stock Exchange (DSE), rose by 0.03 percent to close at 5,218 points, marking a fourth consecutive day of gains
Expatriate Bangladeshis sent home a record $26.9 billion, up 23 percent year-on-year, in a development that will bring a huge sigh of relief to policymakers as they endeavour to shore up strained dollar stockpile.
From dining out and travelling by air to purchasing sweets and clothing, the small comforts in life are going to turn costlier for a hike in value added tax (VAT) on 43 goods and services.
Bida executive chairman will head the 13-member taskforce
The company will produce foam, carton, ploy, gum tape
Remittance inflow also broke single-month record in December
By recycling fabric waste and fostering second-hand clothing markets, the textile industry can reduce its environmental impact while boosting profitability, ICCB said in its Quarterly News Bulletin
Agriculture sector stood second in the list
The survey of 31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025, down from a forecast of $74.53 in November, marking an eighth straight downward revision.
Donald Trump's victory in the US presidential election gave Wall Street even more of a boost on hopes he will follow through on pledges of deregulation and tax cuts
The dollar slipped on the last trading day of the year on Tuesday but was poised to clock strong gains in 2024 against almost all currencies as investors prepared for fewer US rate cuts and the incoming Trump administration.
China's Purchasing Managers' Index (PMI) was 50.1 in December, marking a third consecutive month of expansion
Gold prices slipped in thin trade on Monday, as markets awaited next week’s US economic data and the potential impact of President-elect Donald Trump’s return to office on the Federal Reserve’s 2025 outlook.
Japan’s factory activity shrank at a slower pace in December as declines in production and new orders eased, a private-sector survey showed on Monday, edging closer to stabilisation after recent falls.
A rise in foreign trade is helping the port recover from the global economic downturn
New orders contracted for the 19th straight month on subdued demand in both domestic and key overseas markets
Best Holdings Limited has declared a 10 percent cash dividend for the year that ended on June 30, 2024..The declaration came at the company’s 18th annual general meeting (AGM), which was held at Baridhara DOHS Convention Centre in Dhaka recently, said a press release..Amin Ahmad, cha
Mastercard has launched its winter spend and win campaign 2025, titled “Sail Beyond”..The campaign aims to promote digital payments adoption by making transactions rewarding for cardholders..The event will be live from January 1 to February 9 this year, and all Mastercard debit, cred
Pragati Life Insurance PLC has signed a group insurance agreement with Shahjalal Islami Bank PLC..MJ Azim, managing director and CEO of the life insurer, and Mosleh Uddin Ahmed, managing director and CEO of the bank, penned the deal at the former’s head office in the capital recently, the
Maria Howlader, managing partner and founder of Howlader Maria and Co, Chartered Accountants, has been elected as president of the Institute of Chartered Accountants of Bangladesh (ICAB)..Maria will replace Mohammed Forkan Uddin, who has completed his tenure as the ICAB president..Md
ACI Formulations Limited has announced a 20 percent cash dividend for the year that ended on June 30, 2024..The announcement came at the company’s 28th annual general meeting (AGM), which was held virtually recently, ACI Formulations said in a press release..M Anis Ud Dowla, chairman
AKM Moinuddin, special correspondent of United News Bangladesh (UNB) and Md Arifuzzaman Mamun, diplomatic correspondent of Amader Shomoy, have been elected president and general secretary respectively of the Diplomatic Correspondents Association, Bangladesh (DCAB) for the year 2025
Renowned air conditioner (AC) brand Gree has been honoured with the “Most Emerging Brand Awards-2024 in Bangladesh”..The air conditioner brand has earned this recognition in the air conditioner category based on its marketing activities over the past three years..Md Nurul Afser, depu
Fresh, the flagship brand of Meghna Group of Industries (MGI), has won an impressive nine awards across various categories at the 16th Best Brand Awards at the InterContinental Dhaka in the capital’s Shahbag recently..Of the awards, Fresh claimed three awards for emerging as a standout per
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
Migrant Bangladeshis sent home $2.39 billion in October
The price of potatoes has begun an upward climb in the market
Based on the compilation of media reports on bank scams between 2008 and 2023, CPD said as much as 92 thousand crores of taka have been siphoned out of the banking sector in the last fifteen years
How can Bangladesh avoid the economic crisis to deepen further?
Sri Lanka’s consumer price index fell 1.7 percent year-on-year in December after dropping 2.1 percent in the previous month, the statistics department said on Tuesday.
Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on Opec+ led efforts to shore up the market, a Reuters monthly poll showed on Tuesday.
The Bangladesh Bank can now take legal action against mobile financial service (MFS) provider Nagad Limited over alleged irregularities as the Payment and Settlement System Act, 2024 came into effect yesterday.
Best Holdings Limited has declared a 10 percent cash dividend for the year that ended on June 30, 2024..The declaration came at the company’s 18th annual general meeting (AGM), which was held at Baridhara DOHS Convention Centre in Dhaka recently, said a press release..Amin Ahmad, cha
Mastercard has launched its winter spend and win campaign 2025, titled “Sail Beyond”..The campaign aims to promote digital payments adoption by making transactions rewarding for cardholders..The event will be live from January 1 to February 9 this year, and all Mastercard debit, cred
ONE Bank has promoted Md Anwarul Islam to the post of deputy managing director (DMD) with effect from January 1 this year..Prior to his promotion to DMD, Islam was concurrently serving the bank as a senior executive vice-president, chief legal officer and head of recovery division, said a
Pragati Life Insurance PLC has signed a group insurance agreement with Shahjalal Islami Bank PLC..MJ Azim, managing director and CEO of the life insurer, and Mosleh Uddin Ahmed, managing director and CEO of the bank, penned the deal at the former’s head office in the capital recently, the
BRAC Bank has been awarded with the “Remittance Award 2024” by the Ministry of Expatriates’ Welfare and Overseas Employment for attaining the 4th position in terms of remittance volume among all the banks in the country during the fiscal year 2023-24..Asif Nazrul, adviser to the Ministry o
Bida executive chairman will head the 13-member taskforce
The company will produce foam, carton, ploy, gum tape
