Economy

Mon, 20 Jan 2025, 10:54 pm

শিরোনাম :

Israel continues strike on Syria military sites Rayo stymie Real’s climb to Liga summit Tk 14,000 set as minimum wage for cold storage workers BNP suggests reforms for public administration overhaul Probes, trials of war crimes cases stalled Coldwave hampers daily life across Bangladesh Dhaka becomes 3rd most polluted city with AQI score of 283 Body of JU student recovered from dormitory 550 individuals’ Tk 15,000cr frozen for investigation Financial Accountability: Critical step towards new future

Economy

Shell reports highest profits in 115 years

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. Profits hit $39.9bn (£32.2bn) in 2022, double last year’s

Adani is no longer Asia’s richest person: Forbes

Indian billionaire Gautam Adani on Wednesday lost his position as Asia’s richest person, as shares of his listed companies slide further while his empire fights allegations of serious fraud made

Fake notes infiltrate banks, ATMs!

Lack of sophisticated detection devices and sheer negligence of authorities have enabled a quarter to inject fake notes into banks and automated teller machines (ATMs). Banks say they lack advanced

Economy on brink of destruction as import of 330 luxurious goods goes unabated

Import of 330 luxurious goods continues putting the vital sectors and country’s economy in jeopardy. Bangladesh Tariff Commission earlier suggested for controlling import of unnecessary products to save foreign currencies

Gold prices hover near 9-month peak

Gold prices held steady on Wednesday, hovering near a nine-month peak touched in the previous session on expectations of slower interest rate hikes from the U.S. Federal Reserve. FUNDAMENTALS *

Bangladesh bleeding dollars for luxury imports

Despite the ongoing dollar crisis in the country, the import of luxury goods has not stopped. A significant amount of hard-earned foreign currency, specifically US dollars, is being spent unnecessarily.

Dollar being wasted in import of non-essential products

A huge amount of foreign currency is being wasted in importing many non-essential products which are being produced in the country. According to a data of Bangladesh Bank, 45 percent

RMG exports to unconventional markets on rise

Apparel exports to unconventional markets have been on the rise thanks to government incentives and exporters focusing more on the non-traditional markets. Exports of ready-made garments to such destinations grew

Bangladesh won’t experience economic debacle following cautious monetary policy: Governor

Bangladesh Bank Governor Abdur Rouf Talukder said the country will be protected from any economic hardship following new monetary. He made the observation while unveiling a monetary policy at BB

Multiple dollar rates affect businesses

Multiple dollar rates have created an unstable situation for businesses that rely on imports for capital machinery and other materials. Sources said the retail rate of the greenback was Tk