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Business & Economy

• Taka gains further against Euro

Taka gained further against Euro but decreased against UK pound in the inter-bank money market on Thursday while it was steady against US dollar.... Details

• Economy likely to grow at 6.03pc this fiscal

Country’s economy is likely to grow at 6.03 percent this fiscal, according to provisional figures, which is four-year low and more than a percentage point below the targeted 7.2 percent.... Details

• Leather goods face wrath

The buyers of leather goods were asked at an international leather goods fair in Italy by a Human Rights group ... Details

• Pharmaceutical industry poised to take off

Kadrul Huda, managing director of state-owned Essential Drugs Company Ltd, talks about the problems and prospects of the country’s pharmaceutical industry in an interview with New Age. Interviewed by Ahmed Shawki... Details

• Gold price to fall in local market from today

The price of gold in the domestic market will fall again with effect from today (Sunday) following sudden downward trend in the international market, jewellers said.... Details

• Plastic goods exporters going for high-value products Export to reach $500 million in three years

Plastic goods exporters are going for high-value products to boost shipment to US$ 500 million in next three years, their leaders said.... Details

• ICB AMCL discloses NAVs of funds

The total Net Asset Value (NAV) of ICB AMCL Pension Holders' Unit Fund stood at Tk. 635,495,854.71... Details

• Private investment hits record low Political uncertainty and slow global recovery blamed

Private sector investment compared to GDP fell to a six-year low this fiscal year due to political uncertainty and a slow recovery in the US and Eurozone economies.... Details

• Fix law, get benefits

ILO, WB block Bangladesh from joining Better Work programme; term labour laws very weak, rights treacherous... Details

• Experts oppose black money whitening

Although tax-paying people dislike the idea of amnesty to black money holders, a whisper has got a momentum over it as the new budget ... Details

• Experts against undisclosed money legalising option

Tax-paying people dislike the idea of amnesty to undisclosed money holders, but a whisper has got a momentum over it as the new budget... Details

• US may strip Bangladesh of tariff breaks

The Obama administration may strip Bangladesh of import breaks following deadly accidents in the country’s textile industry... Details

• Thailand agrees to offer duty-free mkt access of select Bangladesh products

Thailand has agreed to offer duty free market access of selected Bangladeshi products to its market as it seeks to increase bilateral trade... Details

• BD-US partnership talks on May 26-28 Trade issues, labour rights, TICFA, poll-time govt may top agenda

Dhaka and Washington will hold a comprehensive partnership dialogue in the city on May 26-28 next to discuss trade, security and development issues ... Details

• FBCCI seeks duty-free access of goods to Iran

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Kazi Akram Uddin Ahmed yesterday sought duty-free access... Details

• Withdrawal of PSI may harm revenue earnings: FBCCI

Kazi Akram Uddin Ahmed, president of the Federation of Bangladesh Chambers of Commerce... Details

• FBCCI places 422 demands for next budget

The Federation of Bangladesh Chambers of Commerce and Industry on Thursday placed a set of budget proposals containing 422 demands related... Details

• PADMA BRIDGE CORRUPTION CASE ACC records statements of 2 witnesses, Nixon seeks time

The Anti-Corruption Commission on Thursday recorded the statements of two witnesses in the Padma Bridge corruption conspiracy case... Details