A bank will not be able to do Islamic banking business along with conventional banking at the same time, according to the draft ‘Islami Bank Company Act-2024’, as the central bank looks to level the playing field for Shariah-based banks.

Stocks in Bangladesh have maintained their upward trend for two weeks straight, with the National Board of Revenue (NBR) recently slashing the capital gains tax.

Every year on November 10, the world recognises International Accounting Day, celebrating the essential role accountants play in ensuring financial stability and growth across economies.

The Trading Corporation of Bangladesh (TCB) yesterday announced that it was preparing to start selling essential food commodities at subsidised rates among one crore families through smart cards from January next year.

Bangladesh’s tea exports have hit the highest mark in the last seven years as competitive pricing provided an edge over major exporters like India and Sri Lanka.

Bad news for Beximco Sukuk investors: their gain from the Shariah-compliant bond-like instrument next month is set to drop to 9 percent -- below the 12.3 percent yield from five year-tenure treasury bonds and the 10.87 percent inflation rate in October.

Crisis-ridden Padma Bank will find a way to return around Tk 874 crore to the Bangladesh Climate Change Trust (BCCT) after a new board of directors is formed.

AI is not just an add-on; it is central to his daily work. This marks the beginning of a new era in accounting—one where AI revolutionises not just efficiency, but the entire role of the accountant.

This connectivity could help upskill young people, says Chowdhury Ashik Mahmud Bin Harun

The bank’s profit before provision rose in Jan-Sep 

57 lakh smart cards have been prepared so far

The cut on capital gains tax by the NBR boosted investor confidence

Padma Bank has made no payments to the BCCT since 2016. Rather, in January this year, the bank converted Tk 760 crore into preference shares with an 8-year tenure at an interest rate of 6 percent. 

American businesses at a major Shanghai trade fair said Thursday they were optimistic about US-China commerce under a second Donald Trump presidency, despite his tough rhetoric on tariffs raising fears of a new trade war.

The interim government should address institutional shortcomings, particularly the lack of a dedicated body for the National Social Insurance Scheme (NSIS), said Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue (CPD).

Investors who have Beximco Green-Sukuk Al Istisna’a can convert 20 percent of the shukuk to ordinary shares of Beximco Ltd.

Bangladesh’s efforts to adopt renewable energy do not have clarity over the goal, and renewable financing has also proved to be largely inadequate, according to a study.

All key economic sectors of Bangladesh witnessed expansions in October, although the country continues to grapple with frequent protests, sluggish improvements in law and order and a slowdown in public administration activities, said the MCCI yesterday. 

The interim government will review the Bay Terminal project, the biggest expansion project in the Chattogram port’s history.

Bangladesh has committed to amending its labour law by March next year to align it with international standards and meet the 18-point demand raised by workers in September this year.