Uniform pricing model for edible oil in the offing
The government has initiated a comprehensive move to develop a uniform, transparent and data-driven pricing structure, especially for soybean and palm oils, aiming to strengthen regulatory compliances and ensure fair prices.To this effect, the Ministry of Commerce (MoC) has already assigned the Institute of Cost and Management Accountants of Bangladesh...
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Accord soon to increase Dutch investment in Bangladesh
Chief Adviser Prof Muhammad Yunus Tuesday reaffirmed his government's commitment to holding next polls early February as a Dutch met him and discussed current situation and investment plans. The visiting Dutch Vice-Minister for International Cooperation, Pascalle Grotenhuis, commended Bangladesh's newly enacted labour laws and said they would help attract more...
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CID sues Diamond World owner over Tk 6.78b laundering
The Criminal Investigation Department (CID) has filed a case against Dilip Kumar Agarwala, the owner of Diamond World Limited, after finding preliminary evidence of money laundering involving more than Tk 6.78 billion through gold and diamond smuggling.CID's Financial Crime Unit lodged the case under the Money Laundering Prevention Act at...
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127.69m voters as EC unveils final list
The Bangladesh Election Commission (EC) on Tuesday published the final list of 127,695,183 voters ahead of the upcoming 13th National Parliamentary Election in February next year.Senior Secretary of the EC Secretariat, Akhtar Ahmed, revealed the information to reporters in front of his office at the EC headquarters in the city's...
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Trade bodies concerned over condition of spinning mills
Three major export-oriented organisations -- Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Bangladesh Textile Mills Association (BTMA) in a meeting expressed deep concern over the condition of local spinning mills. The meeting decided to request an urgent discussion with the relevant ministries...
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Dismiss teachers supporting Hasina
Four student unions of the country's major public universities on Tuesday issued a 10-working-day ultimatum to dismiss teachers who have signed a statement in support of Sheikh Hasina - the Awami League leader sentenced to death for crimes against humanity. The ultimatum was announced through a joint-statement by the vice...
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Yield on 10-year T-bonds rises-
The yield on 10-year treasury bonds increased significantly on Tuesday, as banks were reluctant to invest surplus funds in long-term government securities aiming to manage their portfolios efficiently. The cut-off yield, generally known as interest rate, on the Bangladesh Government Treasury Bonds (BGTBs), rose to 10.39 per cent on the...
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Competition commission dismisses GP's review petition
The Bangladesh Competition Commission (BCC) has dismissed a review petition filed by Grameenphone (GP), confirming its earlier order that the Commission holds full jurisdiction to investigate allegations of market- dominance abuse, brought by rival operator Robi Axiata.The dispute began in January when Robi lodged a formal complaint, accusing GP of...
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BB declares 28 holidays for FIs in 2026
Bangladesh Bank (BB) has officially published the holiday calendar for Financial Institutions (FIs) during 2026, announcing a total of 28 bank closure days, excluding the regular weekly holidays, reports BSS.The circular, which details the comprehensive list of upcoming holidays, was issued by the central bank's Department of Financial Institutions and...
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NCSA warns against dissemination of fugitive convict's statements
The National Cyber Security Agency (NCSA) has expressed grave concern that several digital or electronic platforms in the country have been spreading false statements made by fugitive and convicted individuals, warning that it would take necessary actions to stop such dissemination, reports BSS.The NCSA in a statement on Monday night...
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