Bangladesh Bank today explained to the International Monetary Fund (IMF) the reasons behind the failure to meet the target on foreign currency reserves, one of the six conditions set by the global lender for its $4.7 billion loan programme.

Deshbandhu Polymer Limited posted a 25.5 percent year-on-year increase in profit in the last financial year.

Sustainable and environment-friendly practices adopted by a section of Bangladesh’s garment and textile manufacturers are mainly a marketing strategy driven by self-motivation, according to a new study of the Centre for Policy Dialogue (CPD).

Bangladesh Bank yesterday allowed individuals aged between 14 and 18 to create MFS accounts with their parents’ approval in a move that could boost digital transactions.

Bangladesh’s financial sector vulnerabilities may worsen due to an increase in bad loans and create further pressure in terms of liquidity in the banking system, warned the World Bank (WB) yesterday.

Private sector credit growth in Bangladesh has continued to dip in recent months, with banks and borrowers adopting a go-slow strategy amidst the stress on the economy and growing apprehensions of a political crisis centring the upcoming parliamentary elections.

Food inflation in Bangladesh stayed above 12 percent for the second consecutive month in September as prices showed no signs of cooling down, hitting the pockets of the consumers who spend most of their incomes to feed their families.

A non-profit think tank has recently been launched to promote tourism and harness its development opportunities at home and abroad with stakeholders including public and private entities, researchers, professionals and journalists.

Homeland Life Insurance Company Ltd's chief executive officer (CEO) Biswajit Kumar Mondal was removed from his post after failing to provide necessary information to an audit firm appointed by the Insurance Development and Regulatory Authority (Idra).

Funds blocked in Bangladesh might be the reason, insiders say

BGMEA delegation meets finance secretary

It was 9.92% in Aug

Bangladesh's economy may grow at a slower pace in the current fiscal year than it did in the previous year as it faces significant economic headwinds such as high inflation, external payment pressure, financial sector vulnerabilities and uncertainty, the World Bank said today.

Bangladesh's leather footwear industry saw its export earnings fall to a five-year low of $141.83 million in the first quarter of the current fiscal year due to a decline in export orders from the Eurozone in the face of the ongoing economic crisis..According to data from the Export Promot

Bangladesh wrapped up the last fiscal year of 2022-23 with slower economic growth. A similar trend has persisted in the ongoing fiscal year as portrayed by at least three key indicators: exports, remittances and imports. .The growth of export receipts, the biggest foreign currency earner f

Eight banks, including five private commercial ones, had faced a provision shortfall of Tk 26,134.75 crore in total at the end of June this year, an indication of their fragile financial health..The eight are Agrani Bank, BASIC Bank, Rupali Bank, National Bank, Dhaka Bank, Bangladesh Comme

Shorter lead times, easy availability of raw materials in the domestic market and changes in global fashion have made knitwear items the top export from Bangladesh..In July-September of the current fiscal year, knitwear item shipments rose 19.70 percent year-on-year to $6.76 billion compar

Bangladesh’s overall external debt stock nearly hit the $100-billion mark in June driven by increasing appetite for funds from both public and private sectors, central bank figures showed. .The debt buildup, which still within the threshold recommended by the International Monetary Fund

Although agricultural productivity is growing in Bangladesh, its rate of progress in this regard remains the lowest among nearby countries in South Asia and beyond, according to an analyst..As per the World Development Indicators (WDI), an index comprising international statistics on globa

In a world that is exceedingly inundated by messages, it is, perhaps, time for businesses to think about whether we are over-communicating with our customers.