Dhaka, Sunday


19 May 2024


BB hikes policy rate by 50 basis points to 8.50%

BB hikes policy rate by 50 basis points to 8.50%

Bangladesh Bank (BB) has raised the policy rate by 50 basis points to 8.5 percent to bring down the runaway inflation

00:22 9 May 2024

Bangladesh, IMF reach staff-level agreement for second review of loan programmes

Bangladesh, IMF reach staff-level agreement for second review of loan programmes

The International Monetary Fund (IMF) staff and the Bangladesh authorities have reached a staff-level agreement on the policies needed to complete the second review of the programmes being supported by the IMF`s Extended Credit Facility (ECF), Extended Fund Facility (EFF), and Resilience and Sustainability Facility (RSF)

00:19 9 May 2024

BB introduces crawling peg, sets Tk 117 per USD as mid-point

BB introduces crawling peg, sets Tk 117 per USD as mid-point

Bangladesh Bank (BB) has introduced the Crawling Peg Mid-Rate (CPMR) system for buying and selling of foreign currencies and allowed banks to buy and sell US dollars freely at around Taka 117

00:12 9 May 2024

Conflicting situation in Middle East may affect Bangladesh economy: PM

Conflicting situation in Middle East may affect Bangladesh economy: PM

Prime Minister Sheikh Hasina today said in parliament that the conflicting situation in the Middle East may affect the economy of Bangladesh

00:07 9 May 2024

Muslim countries’ united work could reduce misery of Palestinians: PM

Muslim countries’ united work could reduce misery of Palestinians: PM

Prime Minister Sheikh Hasina today said united work of Muslim countries could bring better and dignified position for the Muslim community in the world along with reducing misery of the Palestinians as she opened the Hajj Programme-2024

16:17 8 May 2024

29th US Trade Show billed for May 9-11

29th US Trade Show billed for May 9-11

The American Chamber of Commerce in Bangladesh (AmCham) and the United States Embassy, Dhaka are cosponsoring the three-day 29th Annual US Trade Show at the InterContinental Hotel, Dhaka from May 9-11, 2024

01:05 8 May 2024

PM urges IOM to raise more funds for Rohingyas

PM urges IOM to raise more funds for Rohingyas

Prime Minister Sheikh Hasina on Tuesday urged the International Organization for Migration (IOM) to raise more funds from newer sources for assistance of the Rohingyas sheltered in Bangladesh as its Director General (DG) Amy Pope paid a courtesy call on her in Dhaka

01:00 8 May 2024

Hridoy hits maiden fifty as Tigers seal T20 series

Hridoy hits maiden fifty as Tigers seal T20 series

Towhid Hridoy struck his maiden half-century in T20 format as Bangladesh overcame a scare to edge Zimbabwe past by nine runs in the third match at Zahur Ahmed Chowdhury Stadium in Chattogram on Tuesday

00:56 8 May 2024

Biman to purchase aircraft considering profit: Faruk Khan

Biman to purchase aircraft considering profit: Faruk Khan

Civil aviation and tourism minister Muhammad Faruk Khan on Tuesday said that Biman Bangladesh Airlines would select either US-based aircraft manufacturer Boeing or European aerospace giant Airbus to purchase planes, considering Bangladesh`s profit

00:53 8 May 2024

Denim Expo held to thrive RMG industry

Denim Expo held to thrive RMG industry

The two-day Bangladesh Denim Expo organized by Bangladesh Apparel Exchange ended on Tuesday at the International Convention City Bashundhara (ICCB) in the capital

00:50 8 May 2024

Govt working to ensure supply of essential commodities at affordable price: Titu

Govt working to ensure supply of essential commodities at affordable price: Titu

State Minister for Commerce Ahsanul Islam Titu today said the government is working to ensure the supply of essential commodities at an affordable price

00:46 8 May 2024

Inflation to come down within target by end of FY: Waseqa

Inflation to come down within target by end of FY: Waseqa

State Minister for Finance Waseqa Ayesha Khan has expressed her optimism that inflation will come down to the government-set target of 7.5 percent by the end of this fiscal year

00:42 8 May 2024

Bangladesh, UAE commit to strengthening economic, development cooperation

Bangladesh, UAE commit to strengthening economic, development cooperation

Bangladesh and the United Arab Emirates (UAE) have reaffirmed their commitment to fostering deeper economic collaboration between the two nations

00:36 8 May 2024

Bangladesh receives investment proposals worth Tk 33,806cr in Jan-Mar

Bangladesh receives investment proposals worth Tk 33,806cr in Jan-Mar

The country received investment proposals worth Tk 33,806.29 crore from some 302 industrial units during January-March, 2024

00:32 8 May 2024

Debapriya for better coordination between monetary policy, fiscal policy

Debapriya for better coordination between monetary policy, fiscal policy

Dr Debapriya Bhattacharya, distinguished fellow of the civil society think tank Centre for Policy Dialogue (CPD), on Tuesday suggested addressing the “managerial weaknesses” in coordinating the monetary policy and the fiscal policy and bringing more flexibility in the exchange rates and interest rates

00:28 8 May 2024

DSE turnover surpasses Tk 11bn-mark

DSE turnover surpasses Tk 11bn-mark

The daily trade turnover on the Dhaka Stock Exchange (DSE) on Tuesday scaled Tk 11 billion-mark

00:24 8 May 2024

Evaluate economic prospect before taking dev projects: PM

Evaluate economic prospect before taking dev projects: PM

Prime Minister Sheikh Hasina today asked the authorities concerned to assess economic possibilities and benefit first before taking any development project

16:37 7 May 2024

Pro-Palestinian demonstrators protest outside the Met Gala

Pro-Palestinian demonstrators protest outside the Met Gala

Protesters in New York converged near the Met Gala on Monday in a rally against the ongoing war in Gaza, leading to several arrests, police said

12:40 7 May 2024

Israel bombards Rafah ahead of talks aimed at sealing truce deal

Israel bombards Rafah ahead of talks aimed at sealing truce deal

Israel carried out strikes on the Gazan city of Rafah overnight as it sought to put "pressure" on Hamas ahead of talks in Egypt on Tuesday aimed at sealing a truce proposal endorsed by the Hamas

12:38 7 May 2024

Asia tracks another rally on Wall St as US rate optimism lingers

Asia tracks another rally on Wall St as US rate optimism lingers

Asian markets built on the latest global rally Tuesday as optimism that the US Federal Reserve will cut interest rates this year continued to breeze through trading floors

12:33 7 May 2024

There is ‘nowhere safe to go’ for the 600,000 children of Rafah, warns UNICEF

There is ‘nowhere safe to go’ for the 600,000 children of Rafah, warns UNICEF

With the unfolding humanitarian crisis in the Gaza Strip continuing to deteriorate, UNICEF is warning that a military besiegement and ground incursion in Rafah would pose catastrophic risks to the 600,000 children currently taking shelter in the enclave

02:06 7 May 2024

FAO’s environment and climate monitoring portal Earth Map receives Google impact award

FAO’s environment and climate monitoring portal Earth Map receives Google impact award

Earth Map, a pioneering initiative by the Food and Agriculture Organization of the United Nations (FAO) that leverages freely available archives of geospatial data for climate and environment monitoring and mapping has been honoured with a Google Geo for Good Impact Award

01:54 7 May 2024

Xi denies any problem of Chinese ’overcapacity’ in global trade: Beijing

Xi denies any problem of Chinese ’overcapacity’ in global trade: Beijing

Chinese President Xi Jinping on Monday denied there was any problem of Chinese overcapacity in global trade at talks in Paris, where French President Emmanuel Macron and EU Commission president Ursula von der Leyen urged Beijing to play by the rules

01:43 7 May 2024

Israel’s Rafah evacuation order sparks global alarm

Israel’s Rafah evacuation order sparks global alarm

Israel called on Palestinians to leave eastern Rafah Monday ahead of a ground invasion of the southern Gaza city, amid increasing global alarm about the consequences of such a move

01:40 7 May 2024