The Bangladesh Securities and Exchange Commission (BSEC) has decided to reset the lower limit of the circuit breaker mechanism to 10 percent from 3 percent for all publicly traded companies.

Bangladesh’s overall exports fell 4.34 percent year-on-year in FY24 due to lower shipments of ready made garments (RMG), reflecting sluggishness in industrial activities and the economy.

The BBS said Bangladesh’s unemployment rate increased to 3.65 percent in the second quarter of 2024 from 3.41 percent in the same period a year prior.

The Bangladesh Financial Intelligence Unit (BFIU) today directed all banks to freeze accounts belonging to Salman F Rahman, the former adviser on private industry affairs to former Prime Minister Sheikh Hasina, along with those of his wife and son.

Bangladesh Financial Intelligence Unit (BFIU) today asked banks to freeze the accounts of Obaidul Quader, Awami League general secretary and former road transport and bridges minister, and former lawmaker Sheikh Fazlul Karim Selim and their family members. 

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation

They want an administrator for the jewellers’ association

The forum sent a letter to the chief adviser of the interim government and the commerce ministry

The S Alam Group is trying to sell properties that are not mortgaged to banks

The interim government has already contacted various foreign organisations seeking their assistance

The move comes as competition tightens in India's $28-billion entertainment market and an $8.5-billion merger of the Indian media assets of Reliance and Walt Disney faces close scrutiny from regulators

Finance and Commerce Adviser Salehuddin Ahmed yesterday asked the National Board of Revenue (NBR) officials to reconsider the duty structure of imported essential commodities in a bid to tackle persistent inflation..The adviser said essential commodities, namely edible oil, sugar, potato a

China’s industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish domestic demand weighed on the recovery in the world’s second-largest economy.

Bangladesh Bank permitted Mohammed Saiful Alam and his family to seize multiple banks and funnel enormous sums as loans

Bangladesh Bank Governor Ahsan H Mansur yesterday said it would be possible to lower the policy rates within about six months if inflationary pressure in the country is reduced to a tolerable level.

Islami Bank Bangladesh will appoint three external auditors to root out the causes of irregularities in its loan approvals, forex dealings and employee recruitment process over the past seven years.

Businesspeople yesterday expressed deep concern over the security of their factories and trade, apprehending that a lack of law and order would prompt foreign buyers to shift work orders to other countries.

The immediate past chairman of the stock market regulator had attempted to get government approval earlier this year to bring voice calls and internet data of stock market investors under surveillance.

Three major indicators of the economy -- imports, remittances and foreign exchange reserves -- are likely to increase in the first quarter of the current fiscal year, a positive development for the external accounts, according to the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI).

Vandalism and arson attacks on factories since earlier this month have created deep concerns among entrepreneurs and plunged thousands of employees who work in these firms into uncertainty.