Capital machinery imports plunge amid rising economic uncertainty
Capital machinery imports plunge amid rising economic uncertainty

The import of capital machinery in Bangladesh has plummeted, reflecting the deepening economic uncertainty facing the nation. Data from Bangladesh Bank reveals a stark decline in letters of credit (LCs) for machinery imports across all industrial sectors during the first five months (July-November)...

Dollar price dearer despite record remittance inflows
Dollar price dearer despite record remittance inflows

Despite record remittance inflows, the price of the US dollar remains high. The value of the dollar is still over the top in the kerb market. The price has risen further over the past week. In some places in the kerb market, the exchange rate stands at Tk 129 per dollar. Although remittance...

Recession not easing, raw material imports fall
Recession not easing, raw material imports fall

Countrys trade has ground to a halt as the raw material imports fell to $5.27 billion in November, a sharp decline from $5.6 billion in the same month last year. This marks a troubling sign for the economy, as a reduction in imports is expected to fuel inflation and push up commodity prices....

Dhaka Regency signs MoU with Crown Cement
Dhaka Regency signs MoU with Crown Cement

Dhaka Regency Hotel Resort has partnered with the Crown Cement PLC to offer exclusive benefits to its Dealers, Loyalty members associates. This landmark collaboration, formalized through an MoU signed in a ceremony held at the Dhaka Regency premises. Shahid Hamid FIH, Executive Managing...

Businesses are in limbo as cash crisis continues
Businesses are in limbo as cash crisis continues

Business owners are facing snags while withdrawing cash. Although the flow of cash has slightly improved recently, the crisis is far from over. Small and Medium Enterprises (SMEs) and individuals traveling abroad are particularly affected. Many have complained that they cannot withdraw large...