Bangladesh Bank yesterday showcased a rare regulatory forbearance, waiving a Tk 89 crore fine which had been slapped on Padma Bank.

Britain’s economy staged a stronger-than-expected bounceback in the second half of 2020, official data showed Wednesday, indicating a nascent recovery from the damaging coronavirus crisis.

Rokia Afzal Rahman has recently been elected chairman of the board of directors of Midas Financing Ltd, one of the leading non-bank financial institutions in Bangladesh.

IDLC Finance yesterday approved 15 per cent cash and 5 per cent stock dividends for 2020 at its 36th annual general meeting held virtually in compliance with directives of the Bangladesh Securities and Exchange Commission.

Bangladesh Bank yesterday extended the deadline to disburse the Tk 5,000 crore stimulus package for entrepreneurs in the farm sector by another three months following lacklustre lending.

Global payment technology company Mastercard has launched “The Grand Escape” campaign marking Pohela Boishakh and Ramadan.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday asked its members to implement staggered shift patterns in order to contain the spread of Covid-19 amid the ongoing second wave.

Jamuna Bank has recently witnessed the appointment of a deputy managing director.

Bangladesh’s gross domestic product (GDP) may grow by as high as 5.6 per cent in the current fiscal year, subject to three factors, said the World Bank yesterday.

Trading Corporation of Bangladesh (TCB) has hiked prices of onion, edible oil and sugar for open market sales ahead of the month of Ramadan.

Bangladesh Telecommunication Regulatory Commission (BTRC) today said mobile phone users may face disruption in getting services from Thursday evening to the next morning as it will reallocate spectrum among mobile operators.

American businesses have lauded Bangladesh for its ‘great going’ and they expressed their interest to go for increased investment in the south Asian economy.

The cabinet committee on purchase today approved purchase of another 50,000 tonnes of rice from an Indian supplier.

The country's stock market nosedived today by 1.76 per cent due to the fear of deterioration of the pandemic situation.

The Bangladesh Securities and Exchange Commission today dissolved the board of directors of Fareast Finance due to its failure of making profits for consecutive four years.

The Bangladesh Bank has formed a Tk 500 crore fund in order to help new entrepreneurs aged between 21 and 45 years start businesses.

Startup Bangladesh Ltd, flagship venture capital fund of the ICT ministry, announced the first series of investments of Tk 15 crore or $1.75 million to seven startups today.

South Asia's prospect for an economic rebound is firming up as the area's growth is set to increase by 7.2 per cent in 2021 and 4.4 per cent in 2022, World Bank said in its twice-a-year-regional update today.

Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business, the company announced on Tuesday in a filing.

Energypac Engineering has begun exporting transformers to Adani Electricity Mumbai, in a testament to the company’s capacity to produce high-quality products.