Speakers at a human chain today expressed concern at the stringent conditions imposed by the International Monetary Fund

The profit amounted to Tk 17.24 crore in the January-March period of this year whereas it was Tk 26.1 crore in the same period last year

It hit Tk 1,095 crore, up by 34% from the previous day

The number of unemployed men increased in the first quarter of this year due to a lack of job opportunities, according to the Quarterly Labour Force Survey (QLFS) released today

International clothing retailers and brands are optimistic about denim products made in Bangladesh due to their promising business prospects

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.

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.

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.

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).