Bangladesh has intensified its efforts to sign bilateral deals with different countries with the view to recovering funds illegally taken abroad, said Bangladesh Bank Governor Ahsan H Mansur.

The Indian rupee slipped to an all-time low on Monday, pressured by weakness in regional currencies and sustained outflows from local equities but central bank intervention helped avoid sharp losses, traders said.

Bitcoin soared to a record high above $82,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as US president and of pro-crypto candidates to Congress.

As the world faces pressing environmental and social issues while the business world continues to evolve, sustainability management has become an essential concept in modern business strategies.

Prices of raw jute, once dubbed the “golden fibre” of Bangladesh, have increased by nearly 19 percent year-on-year as demand has outpaced supply following the government’s ban on polythene bags.

The Bangladesh Bank is working to formulate a “Bank Resolution Act” for mergers, acquisitions, liquidation or recapitalisation of banks.

Bangladesh Bank Governor Ahsan H Mansur said tightening monetary policy is the only globally practised remedy to heal inflationary pain, as businessmen opposed interest rate hikes for obstructing business expansion and job creation. 

Several directors of United Group purchased the shares for around Tk 180 crore

Delayed salary payment from a handful of RMG factory owners triggered the latest bout of labour unrest

The benefit will remain valid until March 31 next year

The Individual Depositors’ Forum of International Leasing also wanted their deposit money back with compensation

Sk Bashir Uddin says he will work hard together with everyone to control commodity prices

However, the Indian currency avoids sharp losses on central bank's intervention

“Similar to past political centralisation, we’ve also seen a concentration in the financial sector,” Mansur said at the “3rd Bangladesh Economic Summit 2024: Inequality, Financial Crimes, and Healing Bangladesh’s Economy,” held at Pan Pacific Sonargaon Dhaka

Political turmoil, floods and capacity woes behind profit fall 

"We have made two clear decisions: we will allocate 5 percent of GDP to health and 5 percent to education. This is our commitment," Chowdhury said.

The index gained 28.39 points to reach 5294.24 as of 11:04 am. 

Chinese investors have shown interest in producing lithium batteries and solar panels in collaboration with Bangladeshi ventures.

Monno Ceramic Industries Ltd’s profit plunged by a huge margin in 2023-24 fiscal year, due to declining revenues and rising costs.

The Bangladesh Securities and Exchange Commission (BSEC) has decided to fine directors of 10 companies if they do not pay due dividends within deadlines set by the regulator.