However, this will not be easy for a least developed country (LDC) like Bangladesh, he added while addressing the inaugural session of the “First Development Studies International Conference- DSIC 2024”.

However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.

About 22 percent of the respondents placed top priority on decent jobs, 17.5 percent on quality education and 12 percent on social protection, said the associated report.

DBL Lifestyles, a concern of DBL Group, is going to launch an outlet of German sportswear and footwear giant Adidas in Dhaka, offering a range of shoes, sportswear and accessories, to attract the growing affluent class.

Bangladesh will introduce a crawling peg system by next month to make the exchange rate more flexible and improve the foreign currency reserves, a key prescription from the International Monetary Fund.

Bangladesh Bank has dissolved the board of directors of National Bank Ltd, just five months after restructuring it.

Stocks in Bangladesh yesterday maintained their gaining streak to four days consecutively riding on investors’ increased interest in shares of food and allied, pharmaceutical, financial and telecommunication companies.

As tech startups in Bangladesh are deprived of bank loans, the financial sector should team up with venture capital firms to finance such companies, experts said yesterday.

In the digital age, the adoption of electronic records and electronic signatures presents a golden opportunity for Bangladesh to revolutionise its administrative, commercial, and societal landscapes. As the nation seeks to accelerate its development trajectory, leveraging these technologies can unlock a multitude of benefits, ranging from increased efficiency and transparency to enhanced accessibility and security.

The bank’s sponsor director Khalilur Rahman made the new chairman

Persistent inflation, a snowballing debt burden and slow economic growth are the three challenges to Bangladesh, according to Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD)

In the January-March period of the current year, garment shipments to American markets declined by 17.68 percent to $1.75 billion, according to data from the Office of Textiles and Apparel (OTEXA), a body under the American Commerce Department.

In recent years, German automotive manufacturers Audi and BMW, and Chinese giant BYD have launched EVs in Bangladesh.

To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.

In July last year, the central bank withdrew the 9 percent lending rate cap and introduced the Six-months Moving Average Rate of Treasury bills (SMART).

The Bangladesh Telecommunication Regulatory Commission (BTRC) has recently decided to give approval to Walton Digi-Tech Industries to locally manufacture printed circuit boards (PCBs) specifically for handsets.

Tannery workers in Bangladesh should get a minimum monthly wage of Tk 22,776 considering the current market conditions and high inflation in the country, according to the Centre for Policy Dialogue (CPD).

I was in the USA during second half of April and met many in the entrepreneurship, technology, and banking ecosystem. Almost everyone was talking about the expanded role of artificial intelligence (AI) in their day-to-day life. Some were talking of human jobs likely to be taken over by AI and some were of the opinion that even to run AI well, the industry would need well-trained human beings.

ERD secretary sits with US delegation on the sidelines of the ADB annual meeting

Mahtab Uddin Ahmed lodged a lawsuit seeking Tk 227 crore compensation for his 'wrongful dismissal'