Bangladesh is going to seek more than 36 billion yuan, equivalent to $5 billion, as soft loans from China to reduce pressure on its dollar reserves.

302 industries will make the investments

Bangladesh will face a severe crisis in 2026 as the government has availed a significant amount of loans from foreign lending agencies and local banks which it will have to repay, said Bhattacharya.

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.

It will be the 29th edition of the three-day exhibition

India's small malls are increasingly turning into ghost malls as consumers move towards online purchases and bigger shopping centres for a better experience.

The DSEX fell 1.74 points to 5,725.28

Banglalink has recently phased out its 3G networks, becoming the country’s first mobile operator to bid adieu to the technology, and repurposed those resources, including spectrum, to enhance the quality and speed of its 4G services

The Bangladesh Data Center Company Limited (BDCCL), a government-owned data storage and disaster recovery services provider, has equipped its data centres with the Oracle Cloud Infrastructure (OCI) Dedicated Region

Mushfiqa Zarin Siddiqa, a final year BBA student at a private university in Chattogram who is majoring in human resource management, had a very limited idea about her career prospects.

Despite being a risky instrument, the stock market was not lucrative enough like the banking sector

However, the findings raised questions among economists, who were puzzled by the growth at a time when the economy had been facing a slowdown due to high inflation, a downtrend in export growth, and falling imports.

A European retailer asking not to be named said he has already increased the amount of clothes his company sources from Bangladesh as the country’s increasing production capacity was helping to give them more confidence.

The latest proposal was made to the IMF’s visiting mission yesterday during a joint meeting with officials of the finance division and central bank at the finance ministry in Dhaka.

Besides, these “new poor” are vulnerable to further deterioration of their financial health as they lack strong networks with employers, access to loans and social safety net programmes.

The three state-run oil companies in Bangladesh booked double-digit growth in profits during the first nine months of the current fiscal year even after a decline in sales mainly due to a rise in income from bank deposit interests.

The Sikder family has apparently lost its grip on National Bank Ltd as Bangladesh Bank has appointed a new board for the country’s first private bank.

Bangladesh needs to take the crucial decision of embracing digital technology to ensure essential services like healthcare and education, said Binayak Sen, director general at the Bangladesh Institute of Development Studies (BIDS), yesterday.

I write this article for fellow engineers aspiring for business leadership roles, based on my own life’s experience as well as feedbacks of corporate doyens. With an engineering degree and an MBA, I rose from the factory floor to lead MNC businesses. Hence, this article integrates insights from both engineering and business leadership perspectives. It may be noted that my observations assume world class technical skills and apply to the non-technical part of an engineer’s job.

After the press conference, the bank officials offered packets with snacks to journalists. However, after taking the packet, journalists noticed that it contained an envelope with Tk 5,000 inside