With disruptive innovations across the financial sector, new entrants and multiple options for customers, many might think that traditional banking has a bleak future.

Bangladesh Bank yesterday ordered banks to run operations on a limited scale until the ongoing restrictions on movement end on May 5.

Bangladesh Bank has removed AKM Shaheed Reza from the board of Mercantile Bank due to his involvement in a loan scandal.

The developed and developing countries should retain the same trade privileges for the least developed countries (LDCs) even after they graduate as the coronavirus pandemic has hit poor nations hard, officials said yesterday.

International Finance Corporation (IFC), a member of World Bank Group, is set to provide Brac Bank a $30 million loan to come to the aid of small and medium enterprises (SMEs) and larger companies hit hard by the impacts of the Covid-19.

Insurance stocks rose yesterday while the market witnessed a profit booking tendency for the second day in a row.

Tax collection increased in March thanks to improvement in receipts from import duty and value added tax (VAT), showed provisional data from the National Board of Revenue (NBR).

The Bangladesh Telecommunication Regulatory Commission (BTRC) has launched a drive to crack down on the telecom value-added service providers that stealthily activate service on the phones of customers without their consent.

Germany raised its growth forecast for 2021 on Tuesday, offering a glimpse of light at the end of the coronavirus pandemic tunnel as vaccinations finally begin to gather pace in Europe’s biggest economy.

Shortly after Britain left the European Union, finance minister Rishi Sunak pledged a series of measures he dubbed “Big Bang 2.0” to ensure the City of London remained one of the world’s top financial centres.

Bangladesh should focus on creating an effective business-friendly environment and improving the ease of doing business in the country, top businesses said in a virtual discussion yesterday.

In order to promote all kinds of local products, Sabera Anwar, a fashion entrepreneur and owner of Panache Hub and Events, has opened up a group on Facebook named “GoDeshi-Made in Bangladesh”.

Investment in talent can create a sustainable competitive advantage for organisations and take them to the next level. It also makes society better.

The SME Foundation will disburse Tk 300 crore from a second stimulus package for micro, small and medium enterprises (MSMEs) to help accelerate the country’s economic recovery from Covid-19.

South Bangla Agriculture and Commerce (SBAC) Bank's Managing Director (MD) Tariqul Islam Chowdhury has stepped down from his position before completing his three-year tenure.

Runner Automobiles is going to buy land to set up its CNG and LPG-run three-wheeler manufacturing plant near its existing factory in Bhaluka, according to a posting on the Dhaka Stock Exchange (DSE) website.

Rahmat Ali, a leading producer and trader of handmade garment items in Sirajganj’s Shahzadpur upazila, made around 2,000 pieces of clothing for Eid-ul-Fitr, the largest sales season of the year.

Banks will have to allocate around Tk 116 crore to carry out corporate social responsibility (CSR) programmes in the form of providing essential goods and medical equipment to the underprivileged affected by the coronavirus pandemic.

Unilever Consumer Care’s sales rose 14 per cent year-on-year to Tk 114 crore in the first quarter of the current year but it could not prevent a 31.8 per cent drop in profits due to an increase in prices of raw materials and duty.

The stock market witnessed a profit booking session yesterday, breaking a graining streak of eight consecutive days.