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Bank Company Act provision suspended for co's LC opening

Dhaka, July 7 -- Bangladesh Bank has suspended a section of the Bank Company Act for a year only to allow letter of credit (LC) opening in favour of a defaulter company. The BB move has taken many by ... Read More


Saudi Crown Prince invites PM to visit Saudi Arabia

Dhaka, July 6 -- Saudi Crown Prince and Prime Minister Mohammed bin Salman has invited Bangladesh Prime Minister Tarique Rahman to pay an official visit to Saudi Arabia, marking another step toward st... Read More


Revamping of SAARC stressed to boost regional economy

Dhaka, July 6 -- Speakers at a seminar on Monday called for revitalising the South Asian Association for Regional Cooperation (SAARC) through practical cooperation, institutional reforms, and renewed ... Read More


PM orders steps to protect Gulshan Lake, improve waste management

Dhaka, July 6 -- Prime Minister Tarique Rahman on Monday directed the authorities concerned to take necessary steps to protect the environment of Gulshan-Banani-Baridhara Lake, prevent water pollution... Read More


Private polytechnic entrepreneurs call for unity

Dhaka, July 6 -- A discussion meeting on the future of Diploma in Engineering education took place on Sunday at Daffodil Plaza in Dhanmondi, Dhaka, bringing together private polytechnic entrepreneurs ... Read More


Inflation rises to 9.16pc in June

Dhaka, July 6 -- The country's rate of inflation rate spiked in June last over its corresponding month last year Overall inflation stood at 9.16 per cent, up by 0.68 percentage points year-on-year, a... Read More


Bangladesh must strengthen export competitiveness before LDC graduation: RAPID

Dhaka, July 6 -- Bangladesh must urgently strengthen its export competitiveness and diversify beyond its heavy reliance on readymade garments (RMG) to successfully navigate its graduation from the Lea... Read More


Legislative stalling holds back road safety dream

Dhaka, July 6 -- Safe roads remain a distant dream in Bangladesh, as the proposed law aimed at ensuring the safety rights of pedestrians, drivers and other road users has yet to be finalised despite b... Read More


Stocks climb as DSEX crosses 5800-mark in early trade

Dhaka, July 6 -- Stocks opened higher on Monday, with the prime index of the Dhaka bourse crossing the 5,800 threshold in early trading. The market jumped at the opening, supported by capital market-f... Read More


Bangladesh allows Starlink to route regional internet traffic via its network

Dhaka, July 6 -- Bangladesh has cleared the way for Starlink to route international internet traffic through its telecommunications network to neighbouring countries, introducing a policy change that ... Read More