Recently the Bangladesh Bank projected a significant drop in non-performing loans (NPLs) and is hoping that it will decrease by 2.76 percent over the next couple of years. This estimation came in Bangladesh Bank's roadmap on the strategic move to streamline NPL management.

The major stock market index in Bangladesh rose for an eighth consecutive trading day yesterday owing to increased participation of investors.

The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday.

The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday. 

The declaration came two days Sultana directed stakeholders to prepare documents seeking GI recognition for Tangail sari following a public outcry about why Bangladesh had failed to GI recognition despite being a rightful claimant

Emerald Oil is planning to invest Tk 400 crore on a new plant in the Jamalpur Economic Zone to increase its production of rice bran oil for export.

The Bangladesh Securities and Exchange Commission (BSEC) has lifted the floor price for three more companies—Anwar Galvanizing, Orion Pharmaceuticals and Renata—amid a rising trend of the key index.

Mobile operators in Bangladesh are now offering app stores, enabling developers to not only connect with users through secure distribution channels but also giving them the monetisation tools as they continually attempt to diversify their portfolio.

ACI CO-RO Bangladesh Ltd, a joint venture between ACI Ltd and Danish soft-drinks company CO-RO A/S, yesterday opened a new factory to make fruit drinks under the Sunquick brand.

The Bangladesh Bureau of Statistics (BBS) has missed its December deadline to publish a quarterly gross domestic product (GDP) report, under a move to provide a timely status of the health of the economy.

State-run Jiban Bima Corporation (JBC) has stopped selling its popular yet unprofitable private pension insurance policy since December 1, months after the government rolled out the Universal Pension Scheme.

Mohammad Abu Eusuf, a private sector employee who lives in Dhaka’s Mirpur, earns about Tk 23,000 per month. But the income is not adequate for him to manage his monthly expenses given the ongoing inflationary pressure.

The Bangladesh Insurance Association (BIA), a platform for insurance companies, has proposed withdrawal of the VAT applicable to policyholders in order to help the health insurance sector expand.

A six-day furniture fair kicked off at GEC Convention Centre in Chattogram city yesterday featuring products of 27 enterprises, including New Antique, Heaven Furniture, Shoilpik, Hatil, Hatim, Vegas, P2P, JMG, Akhi and Royel and Right.

BSEC has lifted the floor price for Anwar Galvanizing, Orion Pharmaceuticals and Renata as part of its move to bring back vibrancy to the market.

Genex Infosys, a leading outsourcing IT provider, will build turnkey IT infrastructure for Red Sea Gateway Terminal Bangladesh Limited (RSGT) at the Patenga container terminal

Khulna Power Company Ltd (KPCL) today notified the closure of its plant as the electricity sales agreement with the Bangladesh Power Development Board (BPDB) is set to expire on February 9

Agriculture Minister Md Abdus Shahid has sought India’s cooperation in keeping high-yielding varieties of seeds out of the purview of restrictions so that those can be produced and cultivated in Bangladesh.

The National Board of Revenue will provide all export-oriented sectors with the same facilities afforded to garment exporters to diversify exports, NBR Chairman Abu Hena Md Rahmatul Muneem said yesterday.

The mobile internet subscriber base in Bangladesh fell for four consecutive months until December last year as the regulator’s bar on purchasing short-term packages combined with inflationary pressures to impact consumers.