It has to return the fund in 30 days or face a Tk 60 crore fine, the regulator says

Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.

Bangladesh Bank (BB) has lowered the standing deposit facility rate, also known as the reverse repo rate, by 50 basis points to 8 percent, with effect from today.

In January this year, the MD was sent on forced leave over loan irregularities linked with S Alam Group

The company will purchase machinery worth Tk 92.53 lakh to set up the production line

The dominance of middlemen, a lack of information, extortion, and unpredictable transportation costs have a significant impact, resulting in the high retail prices of vegetables, according to a recent Bangladesh Trade and Tariff Commission (BTTC) report.

Bangladesh will launch the third round of negotiations with the United States Trade Representative (USTR) next week, aiming to secure a more “rational” tariff structure before the August 1 deadline, said Commerce Adviser Sk Bashir Uddin yesterday.

The 35% tariff imposed by the US is not a final decision, as discussions are still ongoing

The Bangladesh Financial Intelligence Unit wants the information by July 15

Container handling at the New Mooring Container Terminal (NCT) of Chattogram Port increased in the first week of operational management by Chittagong Dry Dock Limited (CDDL), Bangladesh's sole dry dock currently operating under the Bangladesh Navy..The CDDL started running the NCT at the c

The government’s new telecom licensing policy will not compel mobile operators to dispose of 15 percent of their ownership to local partners, said Faiz Ahmad Taiyeb, special assistant to the chief adviser with executive authority over posts, telecommunications, and ICT.

The performance of the ASYCUDA World system, used by the National Board of Revenue to process trade documentation, worsened over the weekend, prompting fears of a major disruption in goods clearance..Customs houses across Bangladesh, including Chattogram, Dhaka, Benapole, Mongla, Pangaon,

In a year, imports declined by 631,330 tonnes and exports by 75,232 tonnes

All customs houses across the country will remain open for import and export activities this weekend – today and tomorrow.

.Indo-Bangla Pharmaceuticals, a listed drug maker, is likely to start exporting its products to Afghanistan from this year...In a disclosure at the Dhaka Stock Exchange (DSE) yesterday, the company said its board of directors has approved the signing of a Memorandum of Understa

Unloading of imported goods from mother vessels at the Chittagong Port has been facing disruptions for three days as smaller vessels have failed to go near the outer anchorage to unload the containers amid incessant rain and a turbulent sea..Especially since Monday, the rough weather, whic

Bangladesh’s average wage growth remained negative for the 41st consecutive month in June, even as the inflation rate eased to its lowest level in nearly three years, according to the latest data from the Bangladesh Bureau of Statistics (BBS)..Year-on-year, wage growth stood at 8.18 percen

In a first for the country, ACI Seed has developed a new variety of aromatic rice suitable for cultivation in the Boro season..The seed-focused business unit of ACI PLC has also developed a short-duration, high-yielding Boro rice variety...ACI received approval for the inbred v

The proportion of female agents in Bangladesh’s agent banking sector stood at just 9.15 percent as of March this year—well below the Bangladesh Bank's (BB) mandate that women should comprise 50 percent of total agents...The data were revealed in the central bank’s latest Agent Bankin

Customs House, Chattogram, the country’s highest revenue-generating customs station for more than three decades, collected Tk 75,432 crore in the just-ended fiscal year (FY) 2024-25, according to provisional estimates..This marks a 9.71 percent increase from the previous year’s collection.