The decision was made at a meeting of the Lama Upazila Natural Disaster Preparedness Committee yesterday

Bangladesh recorded a sharp rise in remittance inflows in May, as migrant workers sent more money home in the run-up to Eid-ul-Azha, which falls in early June.

Rupali Bank PLC's profit plummeted in 2024 due to declining operating income.

IFIC Bank PLC reported losses in 2024 compared to a profit in the previous year, due to lower interest spreads and deteriorating asset quality, according to a price-sensitive information disclosure by the bank.

The Forum panel has won the biennial election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), according to the final results announced by the election commission.

The interim government is likely to impose a 10 percent supplementary duty on over-the-top (OTT) platform services in the upcoming budget for the fiscal year 2025-26 — a move that is expected to raise consumer costs and increase spending on paid streaming services.

HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets.

The banking sector is currently going through one of its worst times. People are suffering, with some even failing to withdraw their own money, causing immense distress.

The interim government is likely to retain the opportunity to invest undeclared wealth, commonly known as black money, in the real estate sector, albeit with a sharp increase in associated tax rates.

The government is expected to hike import duty on motors, which in recent times have been used to run modified three-wheeler rickshaws, to discourage their use and contain the proliferation of the locally developed electric vehicle.

Bangladesh’s public spending as a share of gross domestic product (GDP) is the lowest among nations on course to graduate from the least developed country (LDC) club.

Chinese investors have shown interest in strategic sectors in Bangladesh — including textiles, renewable energy, electronics, and agribusiness — signalling a new phase of bilateral investment cooperation, according to the Bangladesh Investment Development Authority (Bida)..The interest was

Bangladesh and South Korea are expected to sign an economic partnership agreement (EPA) at the end of this year, said Commerce Secretary Mahbubur Rahman yesterday..The first round of talks will start at the end of July in Dhaka and around six to seven rounds of negotiations will take place

The DSEX gained 30.48 points to close at 4,668.40

The DSEX gained 18.94 points to 4,656.86 as of 11:36 am

Investors have been grappling with uncertainty over the absence of meaningful discussion between political players and the interim government about the country’s future fiscal direction, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).

Bangladesh is at a traction point in its technology transformation journey, having started later than many global counterparts.

Exports and remittances are climbing, foreign exchange reserves have steadied, and the exchange rate has shown signs of stability

Budgetary spending increased by 17.5 percent year-on-year in the first nine-month period of the current fiscal year of 2024-25, mainly due to a rise in spending on interest payments and subsidies.

The interim government may widen the gap in the corporate tax paid by listed and non-listed firms from 5 percentage points to 7.50 percentage points in order to attract companies with good performance records into going public.