It was once beyond anyone’s wildest imagination that Bangladesh would become a motorcycle manufacturing hub. Only seven years ago, the country relied on imports to meet 95 percent of its demand for motorbikes.

Bangladesh Bank on Thursday removed NCC Bank Chairman M Abul Bashar and Director Md Abdul Awal after they were declared loan defaulters at Bank Asia.

Stocks in Bangladesh sank to a two-and-a-half-month low yesterday as investors poured their funds only into selective shares to pocket short-term gains amid price fluctuations..The DSEX, the main index of the Dhaka Stock Exchange (DSE), fell by 1.09 percent from the day before to close at

Bangladesh’s digital infrastructure services -- towers, fibre networks, submarine cables and data centres -- have all the potential but sadly, it is buried under layers of mismanagement and corruption.

European Central Bank policymakers meet on Thursday with fading price pressures and weaker economic activity in the eurozone nudging them towards making another cut to interest rates.

Syeda Rizwana Hasan, adviser to the Ministry of Environment, Forest and Climate Change, has urged banks in Bangladesh not to invest in heavy polluting industries as a part of their responsibility to protect the environment.

The Bangladesh Bank (BB) yesterday eased foreign exchange rules through three separate notices, allowing banks to remit different types of payments abroad without central bank approval.

High production and transportation costs, limited bargaining power due to market structure inefficiency, seasonal supply, price fluctuations and limited market access for producers are triggering food inflation, according to a study by the Dhaka Chamber of Commerce and Industry (DCCI).

In the face of public outcry over the high prices of essential food items, the National Board of Revenue (NBR) yesterday slashed customs taxes on imports of eggs, edible oil and refined sugar.

The Centre for Policy Dialogue (CPD) has called to immediately float tenders for 37 renewable energy-based power projects that were cancelled by the interim government.

The specific duty would be Tk 4,500 a tonne

Duty has been brought down from 25% to 5%, which would reduce import costs by Tk 13.8 a dozen

The company’s managing director says today

The think-tank suggested adopting a short-term build-operate-transfer model to address infrastructure issues 

The Bangladesh Water Transport Coordination Cell will manage allocation and scheduling of lighter vessels

NBR also exempted VAT at production and trading of the highly import-based edible oil

The resignation follows multiple cases filed against leaders in the ICT industry, including Ahmed, in connection with the mass movement of July and August

NCC Bank  plans to appeal the decision and seek a review 

The turnover of Dhaka Stock Exchange (DSE) yesterday amounted to a two and a half month low of Tk 296 crore as skittish investors dumped their holdings to avert price erosions in their portfolios. The turnover, which is the total value of all the shares traded on the day, was 6.83 percent

Government's food distribution under various social protection schemes declined 14 percent year-on-year in the first quarter of fiscal year (FY) 2024-25, mainly because of reduced transfer of grains under the Food for Work (FFW) and Food Friendly Programme (FFP).