The banking sector’s defaulted loans soared 20.7 percent to Tk 145,633 crore in 2023 as both governance and accountability continue to get looser.

The government is reviewing the total economic situation of the country as it seems that the economy is improving as per preliminary symptoms, Finance Minister Abul Hassan Mahmood Ali told parliament yesterday.

Mongla Port, which was expected to get a new lease on life due to the increasing flow of imported and exported goods after the opening of the Padma Bridge, is yet to become a port of choice among businesses.

Around a month past most of its directors being relieved of their duties over the alleged embezzlement of a fixed deposit and violation of the insurance act, Swadesh Islami Life Insurance Company has now had its registration suspended for three months

BGMEA election is scheduled to be held on March 9

The Department of Patents, Designs and Trademarks (DPDT) today published journals approving four products with geographical indication (GI) status.

The government yesterday named the winners of the National Export Trophy for fiscal 2021-22, with Rifat Garments Ltd set to receive the highest award, the Bangabandhu Sheikh Mujib Export Trophy.

The Dhaka bourse introduced the Smart Submission System of DSE today

The government is reviewing the economy of the country to assess the overall situation, Finance Minister Abul Hassan Mahmood Ali told parliament today.

It will be the 31st edition of the monthlong show

“Many people say Bangladesh has become bankrupt, but a big country like ours won’t become bankrupt as we are working to resolve the crisis,” he said.

The deficit in Bangladesh’s financial account narrowed slightly to $5.39 billion in the July-December half of the current financial year

The number of people who returned to villages from cities and major towns almost doubled in 2022 from a year ago as living expenses exceeded their incomes, official figures showed.

The government is planning to use drones extensively to inspect and surveil public projects across the country in order to ensure quality and monitor whether contractors are doing their work properly during implementation.

In a move unseen in recent years, the government is going to cut the size of the fund meant for its own use while revising the annual development programme (ADP) for the current fiscal year.

The pharmaceuticals sector of Bangladesh appears to be rebounding from the crisis stemming from both external and internal fronts in recent years as exports are growing, said a top official.

The Bangladesh Bank yesterday toughened rules on the appointment of bank directors and banned willful loan defaulters and tax evaders from sitting on boards as it moves to restore governance in the banking sector.

Shares on the Dhaka Stock Exchange (DSE) rose yesterday as investors continued to maintain a high rate of trade over the past 10 days with hopes of a further increase in the stock prices.

Three of Bangladesh’s major trade bodies have joined a global initiative calling on governments to collaborate in ensuring safe passage of commercial vessels over the Red Sea and deter a repeat of last December’s attacks.

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) recently signed a memorandum of understanding with Prime Bank Investment Ltd (PBIL).