Interest payments against foreign loans shot up 162 percent year-on-year in the first nine months of the last fiscal year as debt servicing of loans taken for some mega projects has started.

Bangladesh’s taka weakened further after the central bank allowed more flexibility in the purchase and sale of foreign currencies, reflecting a shortfall of the US dollar in the market

The interim government will prepare a white paper through economists and eminent citizens to get a clear picture of the state of the economy and solutions for the challenging situation

Muhammad Fouzul Kabir Khan, adviser to the Ministry of Power, Energy and Mineral Resources, today sought $1 billion from World Bank as budgetary support for Bangladesh

Doreen Power Generations and Systems Ltd has announced selling all of its non-current assets, including 244.54 decimals of land, of its Tangail 22 megawatt power plant

All shares of S Alam Group will be taken over

The association recommended approving building designs following the Dhaka Metropolitan Building Construction Rules-2008 and Master Plan of DAP 2010

The new price is effective from today

Instruction was also given to suspend locker facilities extended to the members of the families for the next 30 days

A favourable legal framework for facilitating the recovery of non-performing loans (NPLs) should be formed in consultation with the attorney general and legal experts, according to Selim RF Hussain, chairman of the Association of Bankers, Bangladesh (ABB)..Hussain, also managing director a

Indexes of stock markets in Bangladesh maintained their losing streak for a fourth straight trading day yesterday as skittish investors made fresh bets on lucrative blue-chip stocks amid price fluctuations..A Dhaka-based investor said the situation of the market remained volatile as the in

With 53 years having passed since Bangladesh gained independence, it is now considered as one of the next emerging economies in Asia and has the prospect of being ranked among middle-income countries.

Bangladesh’s dependence on the US for soybeans has been increasing, particularly after the outbreak of the Russia-Ukraine war, with local traders, millers and conglomerates diversifying their sourcing for uninterrupted supply of edible oil and animal feed.

Bangladesh’s economy is experiencing a surge in optimism as institutional reforms and positive investor sentiment take hold, according to LightCastle Partners, an international management consulting firm.

Bangladesh Bank will no longer try to save any ailing bank by providing it special liquidity support, said Governor Ahsan H Mansur yesterday.

In a major development, three state agencies yesterday made a series of moves against the S Alam Group, its chairman Mohammed Saiful Alam, and his family members amid allegations of loan irregularities during the 15-year tenure of the recently ousted Awami League government.

Less than a year after Prof Shibli Rubayat-Ul Islam was appointed as chairman of the Bangladesh Securities and Exchange Commission (BSEC) in May 2020, the regulator started holding roadshows abroad to lure in foreign investors and boost the local market.

The Chattogram Customs and VAT Commissionerate today formed four committees to conduct audits into business activities and transactions of 18 companies under Chattogram-based S Alam Group

The Bangladesh Securities and Exchange Commission (BSEC) today barred Mohammed Saiful Alam, founder of Chattogram-based conglomerate S Alam Group, his family members and companies they own from transferring and selling their shares in six banks.

Around 300 officials of Sonali Life Insurance staged a demonstration in front of the office of the Insurance Development and Regulatory Authority (IDRA) today before storming the office and creating a frightening situation