Bangladesh Krishi Bank (BKB), a state-owned lender, reported a 78 percent year-on-year increase in losses for the fiscal year that ended on June 30, 2023

Dr. Qazi Kholiquzzaman Ahmad and Dr Md Aynul Islam have been elected the president and general secretary of Bangladesh Economic Association (BEA) for the next two years

Prime Minister Sheikh Hasina on Sunday inaugurated the weeklong 11th National SME Product Fair to showcase products made by local small and medium enterprises.

The government is currently faced with a lack of funds, evidenced by a reduction in allocations it provided from the exchequer for the upcoming Annual Development Programme (ADP), said Fahmida Khatun, executive director of the Centre for Policy Dialogue.

The number of internet subscribers in Bangladesh spiked by a massive 43.5 lakh in March, the biggest jump in recent years, with mobile data users making up a bulk of the new customers.

Stock investors in Bangladesh are leaving the share market as they are losing their hard-earned money because of the persisting fall of the indices driven by the prolonged economic crisis, the worsening health of the banking industry, and rising interest and exchange rates.

Bangladesh Bank (BB) lost its ability, to make independent decisions for the banking sector, and it is now operating to implement decisions of outsiders, which is unable to resolve the crisis of the banking sector

Thanks to HSBC Bangladesh, I was privy to a presentation on Asia economic outlook with a special focus on Bangladesh.

Women in Bangladesh are lagging behind men in both mobile ownership and mobile internet adoption, with gender gaps of 20 percent and 40 percent respectively, representing a significant disparity in digital access, according to a global report.

The Insurance Development and Regulatory Authority (IDRA) has fined Eastern Insurance Company Tk 5 lakh for not having the minimum investment required in government securities as per the Insurance Act 2010.

SS Steel Ltd has registered higher turnover thanks to increased sales ever since the steelmaker started acquiring several companies in 2020, but its overall profit has dropped.

ICB Islamic Bank, which took shape from the ruins of Oriental Bank in 2008, is now failing to repay the depositors’ money due to severe liquidity crisis, indicating a vulnerable situation of the lender.

The leading banks will arrange a dinner for expatriate Bangladeshis at New York LaGuardia Airport Marriott

Analysts discuss environmental, social and corporate governance (ESG) compliance strategies at Dhaka Chamber event

While it is not an uncommon sight to see people typing messages in Bangla on their smartphones, the familiar colours and user interface make it obvious that they are not using communication apps belonging to local companies.

As one strolls along Green Road or ventures into the depths of Karwan Bazar, he or she may come across a raucous circle formed by labourers, rickshaw-pullers, and street vendors.

Crisis-ridden National Bank’s financial woes have deepened further, as the bank’s losses increased by a massive 145 percent year-on-year in the first quarter of 2024.

An amnesty provided to black money invested in economic zones and hi-tech parks is unlikely to be continued from the next fiscal year of 2024-25 as per plans of the National Board of Revenue (NBR). 

The government’s cash incentive against export receipts has soared over the years although many sectors could not make their mark in the global market, bringing in limited results for the government’s diversification initiative.

High inflation, rising pressure on external account to slow down economy, the economist said