Bad loans at scam-hit banks surge after political changeover

At the end of last year, defaulted loans in the banking sector stood at Tk 345,765 crore, with those state-run and private commercial banks holding the majority. 
18 March 2025, 18:00 PM

Gold price nears record Tk 1.55 lakh per bhori

The Bangladesh Jewellers' Association's standing committee on pricing and price monitoring decided at a meeting today, citing a rise in pure gold prices in the local market
18 March 2025, 14:29 PM

Tariff commission suggests extension of VAT exemption for edible oil

It wants the exemption deadline, set to expire on March 31, to be extended until June 30
18 March 2025, 09:54 AM

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

NBR again cuts duties on imported fresh fruits

It is second duty cut in 10 days
18 March 2025, 05:09 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

SBAC Bank’s MD resigns six months before end of his term

Habibur Rahman, managing director (MD) and CEO of the South Bangla Agriculture and Commerce Bank (SBAC) PLC, has resigned on personal grounds.
17 March 2025, 18:00 PM

Banks must allocate 27% of loans to SMEs by 2029: BB

Bangladesh Bank has set a target for banks and financial institutions to disburse 27 percent of their total loans to cottage, micro, small, and medium enterprises (SMEs) by 2029 to promote business growth and employment.
17 March 2025, 18:00 PM

Oil prices rise to $71.21

Oil traded higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until the Iran-aligned group ends its assaults on shipping while Chinese economic data fuelled hopes for higher demand.
17 March 2025, 18:00 PM

Gold prices gain

Safe-haven gold edged higher on Monday after hitting the $3,000-mark last week for the first time, while the market’s focus shifted to the US Federal Reserve’s meeting this week.
17 March 2025, 18:00 PM

Allocate 20% of green funds to women entrepreneurs

Banks and financial institutions have been instructed to allocate 20 percent of their green financing to women entrepreneurs and 25 percent to the cottage, micro, small, and medium enterprise (CMSME) sector.
17 March 2025, 18:00 PM

China unveils plan to boost domestic consumption

China on Sunday unveiled an action plan it hopes will help Beijing to overcome stubbornly low consumer demand and meet its ambitious growth target, state news agency Xinhua reported.
17 March 2025, 18:00 PM

OECD lowers global growth projections over trade barriers, uncertainty

The Organisation for Economic Co-operation and Development on Monday lowered its projections for global growth in 2025 due to “trade barriers” and “uncertainty”.
17 March 2025, 18:00 PM

Bangladesh to import more US cotton to ward off Trump tariff

Bangladesh looks to import more cotton from the US so that both American suppliers and local businesses can benefit and the country can get immunity from Trump’s tariff war, Foreign Adviser Md Touhid Hossain said yesterday.
17 March 2025, 18:00 PM

Agri-loan disbursement falls, recovery rises

Agricultural loan disbursement declined, but recovery increased in Bangladesh in the six months to December last year compared to the same period of the previous year.
17 March 2025, 18:00 PM

Golden Life Insurance in trouble as customers owed Tk 35cr

Private insurer Golden Life Insurance Limited is in crisis as it struggles with a severe cash crunch, unpaid claims and operational breakdowns.
17 March 2025, 18:00 PM