As law and order deteriorated following the fall of Sheikh Hasina-led government, trade and business establishments started to be targeted by extortionists and vandals, which is really reprehensible, said a top businessperson yesterday.

Newly appointed Bangladesh Bank Governor Ahsan H Mansur yesterday announced that he would initiate tough measures against money launderers with international support so that “they are unable to live in peace”.

Experts and businesspeople yesterday urged the newly formed interim government to adopt urgent measures to ensure good governance in the banking sector, saying that the crisis in financial institutions is much deeper than anyone could imagine.

What is the purpose of a single borrower exposure limit? It is to ensure that a bank’s fortune is not tied to the ebb and flow of a conglomerate’s business.

The US Department of Justice is considering options that include breaking up Alphabet’s Google, a week after a judge ruled the tech giant illegally monopolized the online search market, Bloomberg News reported on Tuesday.

Stocks in Bangladesh bounced back yesterday following two days of sharp decline as vigilant investors opted for fresh bets on lucrative blue-chip and large cap shares amid the price fluctuation.

Some 200 officials of Sonali Life Insurance Company, whose former chairman and family members were earlier found to have embezzled at least Tk 187.84 crore, staged a demonstration today bringing corruption allegations against the insurance regulator’s chairman and demanding his resignation

The Bangladesh Financial Intelligence Unit (BFIU) has instructed all banks to freeze accounts belonging to Anisul Huq, former minister for Law, Justice and Parliamentary Affairs, and five of his family members

ShopUp, a leading B2B commerce platform in Bangladesh, raised $6.5 million in debt capital funding from Saison Investment Management Private Ltd (SIMPL), a credit venture arm of Japan’s Credit Saison, to make it a fully local supply chain through technology..This strategic investment is a

International support will be taken to bring them to book, says Ahsan H Mansur

The government today appointed Abdur Rahman Khan as the chairman of the National Board of Revenue (NBR) by cancelling the contractual appointment of Abu Hena Md Rahmatul Muneem

The condition is worse than what one can imagine, says Selim RF Hussain

Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Md Mohiuddin Ahmed resigned from the post today

The Chattogram Port Authority and Chattogram customs have taken the initiative to maintain activities round the clock, even on weekends and public holidays, in a bid to reduce container congestion..These measures were agreed upon after talks with key stakeholders at the Chattogram port bui

The interim government should prepare a white paper on the economy and identify sectors that require immediate attention, according to Dr Debapriya Bhattacharya, an eminent economist and public policy analyst.

The interim government will prioritise the ongoing projects that will help to increase business activities involving the people’s livelihood, according to Finance and Planning Adviser Salehuddin Ahmed.

Loans amounting to nearly $600 million, or Tk 7,000 crore, disbursed from the Export Development Fund (EDF), which was formed based on the country’s foreign exchange reserves, have been defaulted, according to a Bangladesh Bank (BB) document.

Economist and public policy expert M Masrur Reaz was appointed chairman of the Bangladesh Securities and Exchange Commission (BSEC) for the next four years.

The government could implement 81 percent of the annual development programme (ADP) in fiscal year (FY) 2023-24, which is nearly the same implementation rate seen during the Covid-19 pandemic.

The Bangladesh Bank reduced the special liquidity support extended to nine lenders, including five Shariah-based banks, despite the absence of a governor.