The Bangladesh Bank has formed a five-member committee to provide necessary policy support for restructuring corporate borrowers that have defaulted on loans due to factors beyond their control.

Top US businessman Gentry Beach expressed his interest to invest in Bangladesh during a meeting with Chief Adviser Professor Muhammad Yunus yesterday in Dhaka.

Bangladesh imported more yarn in 2024 than in the previous year, with the lion’s share of the key raw material for readymade garments (RMG) coming from India.

Bangladesh’s poverty map has changed as Barishal now has the highest percentage of people living in poverty among all the eight divisions, according to the Bangladesh Bureau of Statistics (BBS).

Premier Cement Mills PLC reported a profit of Tk 2.42 crore in the second quarter of the fiscal year 2024-25, marking an 89 percent year-on-year decline.

In Bangladesh, shopping for home appliances has mostly been a leap of faith—customers could learn about a product but never experience it firsthand before making the purchase. .But Singer Bangladesh is going one step further by letting shoppers test appliances right on the retail outlets,

Gentry Beach, the head of a visiting delegation of US billionaire investors, wants to invest in mineral and gas exploration

Madaripur recorded the highest poverty rate in the country at 54.4 percent

The announcement comes a day before the deadline was set to expire

Shares of the company went up 0.44 percent to Tk 45.3 as of mid-day trading today on the DSE

DSEX gained 11.92 points as of 11:38 am  

Titas Gas Transmission and Distribution Company, the state-owned gas distributor, reported a significant loss in the second quarter of fiscal 2024-25, driven by a sharp increase in system losses.

Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world’s fifth-largest economy and prepare for an uncertain year of global trade when his government presents the federal budget on February 1.

All tourist vessels to Saint Martin’s island will cease operations from the start of February, with travel to the country’s only coral island prohibited from February to October as per government directives.

The government is formulating a policy with the aim of distributing smart cards among farmers to ensure the delivery of subsidies and other government support, such as that for coping with natural disasters.

The Centre for Policy Dialogue (CPD) yesterday said the government could reduce fuel prices by Tk 10 to Tk 15 per litre by using a market-based pricing model.

The Centre for Policy Dialogue (CPD) has called for closing the accounts of wilful defaulters and holding three former governors accountable for their roles in the beleaguered banking sector.

The growth in the number of economic units in Bangladesh has slowed over the past decade, primarily due to capital shortages among rural entrepreneurs, according to the latest Economic Census of the Bangladesh Bureau of Statistics.

The existing automatic pricing formula does not reflect global markets, the think-tank says

Beximco, one of Bangladesh’s leading conglomerates, reported a substantial decline in net earnings for the second quarter of the fiscal year, primarily due to a production shutdown caused by the unavailability of banking facilities..Despite this setback, the company managed to maintain a s