BB pushes for passage of two banking laws
10 HOUR(s)
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Business
Bangladesh's exports rise 5.43% in July-August
11 HOUR(s)
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Business
Commodity suppliers warn of supply shortages amid gas crises
1 September 2026
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Business
Remittance rises 22% in August
1 September 2026
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Business
Public servants’ new pay scale rolls out in four phases
31 August 2026
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Business
Building better retail products key to attracting young customers
31 August 2026
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Business
Sammilito Islami Bank’s depositors can withdraw money from Sep 7
31 August 2026
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Business
Tk 2,000 crore pre-financing fund formed for frozen food exporters
30 August 2026
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Business
Apex launches biodegradable bags amid plastic concerns
29 August 2026
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Business
Maersk wants to invest in Bangladesh’s shipbuilding
29 August 2026
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Business
Apex Footwear records highest profit in 9 years
It made Tk 17.63 crore for the year ended on June 30 this year
1 October 2024
Confidence Cement investing Tk 815cr to set up new factory
Confidence Cement PLC, a cement maker based in Chattogram, is investing Tk 815 crore to set up a new production facility on 10 acres of land in Narsingdi and cater to the future demand..The move comes at a time when cement sales have nearly halved over the past few months as most private a
30 September 2024
IMF reaffirms support for interim government
The International Monetary Fund (IMF) has reaffirmed its support for Bangladesh’s interim government in overcoming the various economic challenges the country has been facing in recent times.
30 September 2024
Collaboration between private, public sectors a must now: finance adviser
A delegation of the Foreign Investors’ Chamber of Commerce and Industry meets Salehuddin Ahmed
30 September 2024
Debt servicing surges 47% in Jul-Aug
The amount hit $589 million in the first two months of FY25
30 September 2024
RMG owners demand greater security to keep factories open amid labour unrest
They made the demand at a press conference at the BGMEA office
30 September 2024
Doreen Power to shut down its Feni plant
All of its non-current assets will be sold
30 September 2024
Stocks rise after last week’s decline
The benchmark index of Dhaka Stock Exchange (DSE) rose yesterday on falling for two days last week as investors traded select shares to pocket short-term profits..The DSEX, the broad index of the country’s premier bourse, edged up by 18.98 points, or 0.34 percent, from that on the day prio
29 September 2024
BB expands refinance scheme for marginalised people to Tk 750cr
The Bangladesh Bank (BB) today expanded the size of the refinancing fund meant for marginalised communities to Tk 750 crore from previous Tk 500 crore, with a priority to extend financial coverage to flood victims across Bangladesh. .The refinance fund is for the small bank account h
29 September 2024
Govt restructures task force on bringing back money illegally taken abroad
Headed by Bangladesh Bank governor, the nine-member task force became operational with immediate effect
29 September 2024
Islamic banks see rise in gross default loan
The banks’ unclassified rescheduled loan also rose, according to Financial Stability Report 2023
29 September 2024
Multilateral development banks need reform to expand capabilities: analysts
Experts say at CPD, OECD webinar on the Multilateral Development Finance 2024 report
29 September 2024
17 factories still closed in Ashulia amid worker unrest
Of the closed factories, 11 were shut down under the “no work, no pay” provision of the Labour Act, while 6 others were closed due to general holidays.
29 September 2024
434 units at BSCIC estates are either sick or closed
A total of 434 industrial units under the Bangladesh Small and Cottage Industries Corporation (BSCIC) are either suffering over financial issues or have already closed down due to various reasons..As such, some of these units are not operating at full capacity while others are not generati
28 September 2024
India sets roadmap to grow textiles industry to $350 billion by 2030
The country also targets generating 6 crore textile jobs by that time, India’s textiles minister says
28 September 2024
Renata’s profit rises 55% to Tk 362 crore
The company announced a cash dividend of 92%, up from the previous year’s 62.5%
28 September 2024
Higher policy rates may hamper investment and job creation: DCCI
"The government is gradually raising interest rates to curb inflation. This strategy may succeed in the short term, it should not be sustained over the long term," said Ashraf Ahmed, president of the DCCI.
28 September 2024
22 factories closed amid workers' protests in Ashulia
Protesters took to the streets demanding reopening of closed factories, withdrawal of cases and a salary hike
28 September 2024
Internet to be disrupted for 4 hours early tomorrow
The installation is scheduled by the consortium of the SEA-ME-WE 5 from 2 am to 6 am on September 29
28 September 2024
Stocks fall sharply after 27 firms listed to Z category
Stock markets in Bangladesh fell sharply yesterday as investors went on a spree selling shares of 27 firms which were downgraded to the Z or junk category by Dhaka Stock Exchange (DSE)..The DSE downgraded the 27 businesses on Wednesday for violating securities laws by failing to properly p
26 September 2024