The Eastern Bank Limited (EBL) has denied allegations of loan irregularities and fund embezzlement, a day after one of its customers sought legal action against nearly four dozen senior officials and the bank’s chairman in a Chattogram court. 

Nvidia on Wednesday said it finished its fiscal year with record high revenue of $130.5 billion, driven by demand for its chips to power artificial intelligence in data centers.

The stock market ended the week with a losing streak as the indices of both bourses of the country fell for the second consecutive trading day yesterday.

Consumers worldwide notice that companies often use sneaky tricks to boost profits at the customers’ expense.

There has been a sharp decline in loans commitments by foreign sources to Bangladesh in the first seven months of fiscal year 2024-25, raising concerns about development funding.

The National Board of Revenue (NBR) has prepared the Customs Strategic Plan (CSP) 2024-2028, aiming to facilitate trade, enhance revenue collection, and modernise its operations to support businesses and economic growth.

Marine fish catches from the Bay of Bengal have been falling consistently over the past two years, raising concerns as sea fish provide roughly 13 percent of the country’s total annual protein production.

The government will create a private sector advisory council which will advise the interim government on what needs to be done to improve the business ecosystem, said Chowdhury Ashik Mahmud Bin Harun, executive chairman of Bangladesh Investment Development Authority (Bida), on Wednesday.

Motasem Billah, who previously served as director of the Bangladesh Bank’s Chattogram office, will be the new administrator of the mobile financial services provider, according to an order issued by the central bank.

From tomorrow, each bhori of 22-carat gold will cost Tk 150,862

China also wants to invest in the cultivation of mango, jackfruit, and guava in Bangladesh

Once approved, a loan deal with the World Bank will be signed

The company attributed the sharp decline to reduced sales volume and higher cost of goods sold

DSEX dropped 6.48 points before closing

DSEX gained 4.82 points as of 11:44 am 

Due to a lack of work, layoffs were initiated under the Bangladesh Labour Act

Artificial intelligence (AI)-based credit scoring can help small businesses, especially women entrepreneurs, get loans without collateral, according to experts.

The stock market fell yesterday, ending a four-day rising streak, with turnover also plunging.

Bangladesh’s readymade garment (RMG) exports to the European Union grew in 2024, but exporters saw unit prices decline as the growth in volume outpaced the increase in value.

Emerald Oil, a rice bran oil maker, has seen a bumpy performance since being listed with the Dhaka Stock Exchange (DSE), which in turn has led its investors down a tumultuous road.