Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.

The interim government is going to place the proposed budget for fiscal year 2025–26 on June 2.

Bangladesh Bank will release redesigned Tk 20, Tk 50, and Tk 1,000 banknotes into circulation from June 1, ahead of Eid-ul-Azha.

Cattle traders and farmers who rear livestock in anticipation of Eid-ul-Azha are disappointed over this year’s sales so far, as demand is low with barely a week to go before the festival.

In order to provide relief to small savers, the government is likely to increase the excise duty exemption threshold for bank deposits in the upcoming budget for fiscal year 2025-26.

About 69 percent of low-income people view the value-added tax (VAT) on essential items as excessive, according to a survey, with most seeing it as a significant financial burden.

Bangladesh’s repayment of foreign loans surged in the first 10 months while the inflow of loans from bilateral and multilateral lenders continued to fall, according to provisional data from the Economic Relations Division (ERD) released yesterday.

The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.

Industry stakeholders have expressed strong reservations over a telecom licensing policy proposed in April that seeks to phase out interconnection exchange (ICX) operators.

A US trade court blocked most of President Donald Trump’s tariffs in a sweeping ruling on Wednesday that found the president overstepped his authority by imposing across-the-board duties on imports from US trading partners.

The government is working to form new bodies to boost trade and enhance competitiveness in the post-LDC era, said a member of the LDC graduation committees.

Dhaka Bank said its earnings rose in the first quarter of the financial year 2025 due to increased operating income.

Meet Imran Bhai. His last vacation was during the 2018 hartal. He thinks “OOO” means “Only On Outlook,” not “Out of Office.” His hobbies include forwarding work emails to himself at 2:00 AM and replying to “Happy Birthday” messages with a Gantt chart. Imran Bhai isn’t alone; he is the unofficial president of Bangladesh’s ever-growing workaholic club.

Readymade garment factories enlisted under the Better Work Bangladesh (BWB) programme undergo fewer social audits compared to non-BWB units, resulting in significant savings in both time and costs..Babylon Group, which operates four garment factories, both knit and woven, previously faced

Order also given to run banking activities until 10 pm in the branches

The country paid $3.5 billion in debt during the July-April period of FY25

Monzur Hossain, a member of the General Economics Division, said at the launch of a book by Rushidan Islam Rahman, former research director of BIDS

Bangladesh Bank issued a notice in this regard today

The seven-year instrument will be issued through private placement

The bank made Tk 127.83 crore profit last year