Eid windfall: Remittance soars 78% in 19 days

Remittance inflows surged by around 78 percent year-on-year in the first 19 days of March as migrant workers sent more money home to relatives ahead of Eid-ul-Fitr, the largest religious occasion in the country.
20 March 2025, 18:37 PM

Paramount Ins announces 10% cash dividend

Paramount Insurance PLC has announced a 10 percent cash dividend for its shareholders for 2024, driven by higher profits. The company declared the same dividend amount in the previous year as well.
20 March 2025, 18:12 PM

Credit card’s domestic transactions fell in January

Credit card transactions in Bangladesh have shown distinct trends in both domestic and international spending..A recent Bangladesh Bank report highlights shifts in consumer behaviour, sectoral spending patterns, and transaction growth over the past year..In January 2025, domestic cre
20 March 2025, 16:05 PM

Lentil acreage falls as farmers shift to more profitable crops

Both the acreage and production of lentils have been declining over the years, according to official data, as farmers cite a combination of factors, including lower profitability, frequent crop diseases and unfavourable weather..Over the past five years, lentil cultivation has fallen by 75
20 March 2025, 15:10 PM

Should the BSEC hire government officials, or not?

Mixed reactions came from different quarters
20 March 2025, 07:26 AM

Islamic banks see deposit shift

Islamic wings of conventional banks have become the preferred choice for religiously inclined depositors as many full-fledged Shariah-based banks struggle with a crisis of trust..This shift has emerged after controversies and financial scandals involving Shariah-based banks, many of which
19 March 2025, 15:21 PM

Uttara Bank announces 35% dividends

Uttara declared the dividend when many banks were not allowed to do so due to strict regulatory rules
19 March 2025, 06:03 AM

Govt forms panel to strengthen BSEC

The interim government has formed a four-member committee to strengthen the Bangladesh Securities and Exchange Commission (BSEC), the stock market regulator.
18 March 2025, 18:00 PM

Govt preparing smooth transition plan for Bangladesh’s LDC graduation: finance adviser

United Nations believes the graduation would inspire smaller nations, he says
18 March 2025, 09:14 AM

Dhaka Chamber wants Tk 5 lakh as tax-free income limit

It also suggested reducing the highest income tax rate from 30% to 25%
18 March 2025, 08:50 AM

Fu-Wang Foods’ workers protest demanding bonus, arrears

They blocked the Dhaka-Mymensingh highway for an hour, now protesting in front of the factory
18 March 2025, 07:47 AM

Dhaka stocks rising since morning

The benchmark index rose 0.30% to 5,221 points as of 11:22am
18 March 2025, 05:30 AM

ADP spending in Jul-Feb lowest in 12 years

Implementation of the Annual Development Programme (ADP) has reached its lowest point in at least 12 years, with about Tk 67,550 crore being spent in the first eight months of the current fiscal year (FY), according to available statistics..This means just 24.27 percent of the total outlay
18 March 2025, 03:00 AM

Chinese firm Safety Garments to invest $12.25m in Mongla EPZ

Safety Garments Bangladesh Co Ltd, a Chinese company, is set to invest $12.25 million in the Mongla Export Processing Zone (Mongla EPZ) to establish a high-end garments manufacturing industry.
17 March 2025, 18:00 PM

Cotton ginners to get bonded warehouse facility: foreign adviser

Plan also in place to consider cotton as an agricultural product
17 March 2025, 07:17 AM

Azam J Chowdhury to raise his stake in Green Delta

He will buy 5.93 lakh shares from a sponsor of the same company
17 March 2025, 06:53 AM

Sri Lanka seeks JV investments in Bangladesh

Sri Lanka has expressed its willingness to invest in joint ventures in Bangladesh, particularly in synthetic fabric manufacturing, which holds significant potential for investors from both nations, Sri Lankan High Commissioner to Bangladesh Dharmapala Weerakkody said yesterday.
16 March 2025, 18:03 PM

Banking reforms on the move

The Bangladesh Bank has embarked on a series of banking reforms with quiet determination. Most recently, it has tightened regulations regarding dividend payouts by scheduled banks, exemplifying the strategy of seizing low-hanging fruit in the pursuit of structural reforms.
16 March 2025, 15:30 PM

Private ICDs revise charges for Patenga terminal bound containers

Owners of private inland container depots (ICDs) have revised tariffs for three types of services related to handling containers to and from Patenga Container Terminal, a privately operated terminal of Chattogram port.
15 March 2025, 16:30 PM

Banks' deposit growth dropped in 2024 amid confidence crisis

Banks in Bangladesh saw slower deposit growth last year mainly due to high inflation, the people’s confidence crisis regarding some banks and a crackdown on money laundering, according to officials of the country’s central bank.
15 March 2025, 15:02 PM