Sun, 24 Nov 2024, 01:35 pm
Economy

Widening Trade Gap: Alternative currencies to be challenging for Bangladesh

An alternative to the US dollar in international trade will be challenging for Bangladesh due to its huge trade gaps with India and China, economists have said, advocating for introducing

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Bangladesh Bank cuts interest rate of loans under garment industries dev funds

Bangladesh Bank has cut the interest rate for loans from the special fund for development of garment factories from 7 to 5 percent. Bangladesh Bank is implementing the project titled

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Unilever CEO to step down end 2023

Shawdesh Desk: Alan Jope, chief executive of Unilever, will retire his role at the end of 2023, the British consumer goods group announced Monday. Scotland-born Jope, who this year came

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Vegetables, eggs prices soar

The price of vegetables and eggs have risen in kitchen market in the capital. Although there are huge supply of vegetables in the kitchen market, low-income people are struggling to

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Bangladesh yet to allow Rupee in foreign trade: BB

Bangladeshi businesses will not be able to use Indian Rupee for foreign trade as Bangladesh Bank is yet to enlist Rupee to settle letters of credit. BB spokesperson and executive

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City Bank makes 340 percent profit abusing dollar crisis, contributes to inflation

Various banks in the country have made desperate profit taking chance of and abusing dollar dilemma. The City Bank Limited, one of the leading private banks in the country, is

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Private firm to install 300,000 VAT collecting machines in Dhaka, Ctg

A private firm, Genex Infosys Limited, will provide and install 300,000 VAT collecting machines in Dhaka city, its adjoining areas and Chottagram city in the next three years. Cabinet Committee

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Bangladesh’s apparel export to cross $100 bn by 2030: experts

Bangladesh’s apparel export will cross the $100-billion target by 2030, considering the potentials of the markets in Europe, the Uk, and the USA amid declining share of Chinese garments, experts

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ABB, BAFEDA to meet Sunday to set uniform dollar rate for banks

The Association of Bankers, Bangladesh and Bangladesh Foreign Exchange Dealers’ Association will meet again on Sunday to determine the uniform exchange rate of US dollar. The ABB and the BAFEDA

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Tk 666cr tax at source collected through e-TDS method in 10 months

Some Taka 666 crore were collected from the electronic tax deduct at source (e-TDS) method over the last 10 months till August this year. The National Board of Revenue (NBR)

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