The EU has enacted new rules on corporate sustainability reporting. On January 5, 2023, the Corporate Sustainability Reporting Directive (CSRD) entered into force. This directive requires a broader set of large, small and medium companies, as well as foreign companies with significant revenue from the EU markets to report a wide range of environmental and social parameters.

According to the state-run Trading Corporation of Bangladesh (TCB), local varieties of onions were being sold for Tk 105 to Tk 115 per kg yesterday compared to Tk 95 to Tk 100 per kg a week ago.

The latest rating showed that BRAC Bank and City Bank have been part of the list since the BB launched the rating in 2020.

$1.42 billion of import bills for May and June were paid through Asian Clearing Union (ACU)

70 brands from eight countries, including Bangladesh, will take part in the three-day show

Md Iqbal Hossain was elected as vice president

Gold prices ticked higher on Tuesday, with investors awaiting comments from Federal Reserve Chair Jerome Powell and the U.S. June inflation data for further cues on the likely direction of interest rates.

At least traders now know for sure where the People’s Bank of China stands. The central bank said on Monday that it would start intervening in short-term debt markets, a week after revealing it was prepared to borrow and sell longer-term government securities. All else being equal, the moves ought to help fulfil one of the institution’s mandates - maintaining a stable currency. But it’ll probably come at the expense of its other chief directives, fostering economic growth.

Cashless payments are driven by innovations like online banking, cryptocurrencies, and mobile payments, delivering enhanced convenience, security, and efficiency. Countries like Norway, Sweden, and China lead with minimal cash usage and robust digital infrastructures.

The Bangladesh Bank has issued the “Bank Company External Auditor Rules 2024” to determine the terms and conditions for the selection of external auditors and outline the areas of financial audits of scheduled banks for the first time.

Some 3.64 lakh policies of 36 life insurance companies of Bangladesh lapsed in the first quarter of 2024 due to a myriad of factors, including the worsening financial health of clients and agents’ tendency not to disclose key information while making sales.

Bangladesh’s economy bounced back by posting significantly higher growth in the third quarter of fiscal year 2023-24 compared to the same quarter in the previous year, underlining good progress in the production of industrial goods and agricultural commodities.

Four state-run banks in Bangladesh are finding it difficult to recoup loans from their top 20 defaulters, a failure that has worsened their financial health and squeezed their capacity further to lend.

As per the rules, the external auditor will audit at least 80 percent of the total risk-based assets of a concerned bank, prioritising the highest risk-based branches along with the headquarters of the scheduled banks.

Turnover at the Dhaka Stock Exchange (DSE) crossed the Tk 1,000-crore mark yesterday after two months as the shares extended a rally for the sixth consecutive day riding on gains of blue-chip stocks.

Nagad signed an agreement with Huawei Technologies yesterday to work together in order to transform people’s smart transaction experiences..Tanvir A Mishuk, founder and CEO of the mobile finance service (MFS) provider, and Pan Junfeng, president of Huawei South Asia region and CEO of Huawe

Ctg customs bids out 118 tonnes of apple, orange at only Tk 74.6 lakh

The absence of Android services is the reason of taking such move

The growth rate hovered around 2.3% in the same period of FY23

Bangladesh needs to take additional steps to catch up with other countries in the cross-border paperless trade to boost sustainable and inclusive growth and development, according to State Minister for Finance Waseqa Ayesha Khan.