BSCPLC cuts internet price by 10%
BSCPLC cuts internet price by 10%

The Bangladesh Submarine Cables PLC (BSCPLC) on Sunday announced a 10 per cent reduction in the prices of all types of internet services, reports UNB. This decision was made at the companys board meeting on Saturday. Faiz Ahmad Taiyeb, Special Assistant to the Chief Adviser for Post,...

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...