Industry

NBR Imposes 25pc Regulatory Duty on Rice Bran Oil Export

Dhaka: The National Board of Revenue (NBR) has imposed a fresh 25 per cent regulatory duty on the export of crude and refined rice bran oil to increase domestic supply and keep the prices stable. The tax administration issued a notification in this re…

Stocks Break Gaining Streak

Dhaka: Stocks today witnessed a downward trend after showing six days of positive trend as profit booking sell pressure remained prevalent across the trading floor since cautious investors remained observant of the market’s trend ahead of the upcoming…

40 Firms Representing Bangladesh at ‘Ambiente 2025’

Frankfurt: A total of 40 Bangladeshi companies are representing Bangladesh at a five-day trade show, ‘Ambiente 2025’, started on Friday at Frankfurt am Main in Germany. Renowned names such as Artisan Ceramics, Protik Ceramics, and Paragon are showcasi…

Bangladesh’s January PMI Records Faster Expansion Rate at 65.7

Dhaka: The January reading of the Bangladesh Purchasing Managers’ Index (PMI) has increased by 4.0 points from the previous month to record a faster expansion rate at 65.7. This latest PMI reading was attributed to a faster rate of expansion posted by…

BB Brings Flexibility to Exchange Rate Management

Dhaka: Bangladesh Bank (BB) has brought flexibility to exchange rate management. ‘To bring flexibility in exchange rate management, it has been decided that spot exchange rates may vary from transaction to transaction in a business day, subject to mov…

Bangladesh Experiences Modest Growth in US Apparel Imports in 2024

Dhaka: Bangladesh has experienced modest growth in US apparel imports amidst market volatility in 2024. Bangladesh managed to hold its ground, achieving a slight 0.73% increase in export value to the US during the January-December period of 2024, reac…