The financing will meet Popular’s US dollar working capital needs, mainly for importing APIs, which are critical raw materials for pharmaceutical production

Bangladesh Bank has given go-ahead to National Credit and Commerce Bank (NCC Bank) to convert 20 conventional banking branches into full-fledged Islamic banking branches.

However, the association says six months is not enough time to evaluate any government

The commerce minister urges people not to expect immediate results in reducing commodity prices

The proposed task forces would focus on infrastructure investment and emerging technologies

From now on, the Bangladesh Bank (BB) will allocate half of any sukuk issue to shariah-based banks, financial institutions and insurance companies.

They want to invest in banking, renewable energy, food processing, tourism, education and healthcare

Bangladesh Bank issues a new directive today

Although issues such as cargo handling and warehouses at airports do not fall directly under the jurisdiction of the commerce ministry, they are closely linked to the country’s trade and export activities

The careless use of AI could pose risks to the security and confidentiality of official information, the cabinet says

Commerce Secretary Md Ataur Rahman Khan is now leading a delegation on a tour to Australia and New Zealand to find out opportunities to increase bilateral trade

Commerce Secretary Md Ataur Rahman Khan made the call at a meeting in Australia’s Canberra today with Ravi Kewalram, first assistant secretary of the Australian Department of Foreign Affairs and Trade, and Sarah Storey, first assistant secretary of the South and Central Asia Division

They will be honoured in recognition of their outstanding contributions to fisheries production, research, technological innovation, extension services, administrative efficiency and entrepreneurship development

During a visit to Bangladesh, the ADB vice president engaged in strategic consultations on ADB’s upcoming country partnership strategy and held policy dialogues aimed at accelerating key economic reforms, mobilising private capital, and strengthening climate resilience

Trade deals that secure preferential market access will become increasingly important for Bangladesh as it prepares to graduate from least developed country (LDC) status amid a tougher global trade environment, said a senior HSBC official

The Chinese technology company unveiled the SUN2000-506KTL-H3 grid-forming smart string inverter and LUTERRA-6261-25 battery energy storage system

The minister was responding to reporters' questions about inflation data and why people do not believe it at the closing ceremony of a three-day conference on the Sustainable Development Goals (SDGs) at the Bangladesh-China Friendship Conference Centre in Dhaka

The move effectively allows Bangladesh Bank to continue running a bank through an appointed administrator beyond two years if circumstances warrant

Under the incentive scheme, acquiring institutions will receive 0.10 percent of the transaction value, while issuing institutions will receive 0.20 percent, subject to certain conditions

Through the latest circular, the central bank has also cancelled its July 1 decision to set the minimum merchant discount rate (MDR) at 1 percent