The banking industry is profoundly transformed by changing customer behaviour, technological advancements, and competitive pressures.

It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.

In recent months, Bangladesh’s garment shipments to major markets such as the European Union (EU) and the US have rebounded strongly, but the price per unit has declined.

Mongla port, the second largest seaport in Bangladesh, witnessed a sharp  decline in container handling throughout the first seven months of the  current fiscal year (FY), with growing economic constraints eroding  business activities in the country.

If the macroeconomic stress does not ease soon, these small ventures, which contribute 32 percent of the country's GDP and employ 85 percent of the industrial workforce, face closure.

Owners of private inland container depots (ICDs) have revised tariffs for three types of services related to handling containers to and from Patenga Container Terminal, a privately operated terminal of Chattogram port.

Banks in Bangladesh saw slower deposit growth last year mainly due to high inflation, the people’s confidence crisis regarding some banks and a crackdown on money laundering, according to officials of the country’s central bank.

Berger to democratise quality interior design

If you stroll toward the Rupnagar residential area intersection from Bangladesh University of Business and Technology, you may be lured by the warm, comforting scent of freshly baked goods wafting from a corner shop.

The Bangladesh Bank (BB) yesterday extended an additional Tk 2,500 crore in emergency liquidity support to Social Islami Bank and First Security Islami Bank without any security to help them address financial crises.

Eminent industrialist and entrepreneur Syed Manzur Elahi was laid to eternal rest at Banani graveyard yesterday.

Donald Trump threatened on Wednesday to escalate a global trade war with further tariffs on European Union goods, as major US trading partners said they would retaliate for trade barriers already erected by the US president.

After slightly declining since the Covid-19 outbreak, the proportion of women among bankers edged up last year, giving hope of a more gender-inclusive banking sector.

The interim government is planning to prepare a small budget with a 6 percent GDP growth target for the next fiscal year considering the sluggish economy and low revenue collection.

Most listed multinational companies (MNCs) saw a year-on-year erosion of profits in the October to December period of FY25, mainly due to higher financing costs and macroeconomic challenges amid political uncertainty.

A good number of banks in the country will likely be unable to pay dividends after the Bangladesh Bank tightened the relevant rules through a notice yesterday.

Professor Muhammad Yunus, chief adviser of the interim government, yesterday instructed his cabinet colleagues to prepare for Bangladesh’s status graduation from a least developed country (LDC) to a developing nation in November 2026, effectively doing away with all speculation.

A majority of banks in the country will likely be unable to pay dividends after the Bangladesh Bank tightened the relevant rules through a notice today

The decision was taken during today’s meeting of the Council of Advisers chaired by Chief Adviser Professor Muhammad Yunus

The tax will now be 5% from the earlier 10%