The government yesterday signed a $200 million financing agreement with the International Development Association (IDA) for the Nuton Jibon Livelihood Improvement Project.

The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.

Gulf oil exporters must reduce spending, including subsidies, and diversify their economies to cope with lower revenues caused by the sharp drop in crude prices, the International Monetary Fund said.

The spectrum auction for both the 1,800 and 2,100 bands has been deferred for the third time now and the new date has been fixed for

Grameenphone's net profits in the first quarter of the year increased 3.68 percent year-on-year to Tk 535 crore amid challenging business conditions.

The Asian Development Bank has signed an agreement with eight global banks to work together to advise governments on public-

The Dhaka and Chittagong stock exchanges yesterday requested the National Board of Revenue to increase the ceiling for tax-free dividend income to Tk 50,000 from Tk 20,000 at present.

Dubai attracted more than 13 million visitors last year, official figures released on Monday showed, as the cash-flush emirate looks to reap the rewards of its growing tourism sector.

Local banks last year made Tk 10,363 crore of cash recovery from the classified loans, which provided them a spot of respite from their runaway default loans.

The Asian Development Bank's lending and grant capacity will rise to $20 billion in 2017, up 50 percent from the current level, which

Improving financial education of remittance recipients, expanding digital finance and promoting remittance-linked capital market

The central bank governor yesterday accused banks of holding up employees, including female staff, way past the banking hours, a

Md Sirajul Islam Varosha has recently been elected as the chairman of Jamuna Bank.

The telecom regulator has taken an initiative to ensure the quality of services, allocating a dedicated number to help users lodge complaints.

Sonali Bank Chairman AHM Habibur Rahman resigned unexpectedly from his post on Sunday, just eight months short of the end of his tenure.

MA Hashem has been re-elected as the chairman of United Commercial Bank, the bank said in a statement yesterday.

Tim Evans, HSBC's regional head for mid market enterprises under commercial banking in Asia Pacific, is scheduled to arrive in Dhaka for a two-

Bangladesh Bank plans to introduce a pension scheme for non-resident Bangladeshis (NRBs) soon to lure more of their earnings into the country.

Queen Maxima of the Netherlands has appreciated the growth of financial inclusion in Bangladesh and expressed her interest to visit the country

Bangladeshi migrant workers pay the highest recruitment costs in the world, the World Bank said in a report. Citing a recent survey by the Global Knowledge Partnership on Migration and Development, the WB said worker-paid recruitment costs averaged $1,955 in Kuwait with the Bangladeshis paying the highest, ranging between $1,675 and $5,154.