Governor Ahsan Mansur mentioned that the Bangladesh Financial Intelligence Unit has formed 11 teams to trace and reclaim assets suspected of being acquired through embezzlement. These teams will also assist in prosecuting those responsible

  DSEX lost 9.52 points as of 11 am  

The government should take steps to defer Bangladesh’s United Nations status graduation from a least developed country (LDC) to a developing one by at least three years, said the Bangladesh Chamber of Industries (BCI) yesterday.

Hundreds of small stock market investors are suffering for being unable to get back their money, which was embezzled by a brokerage house months back.

The production of aromatic rice has nearly doubled in Bangladesh over the past seven years, with farmers showing interest in growing the grain in order to profit from its higher prices compared to traditional parboiled rice.

The inflow of foreign direct investment (FDI) into Bangladesh is facing critical challenges as a plethora of factors have caused it to stagnate to a mere 0.5 percent of the country’s gross domestic product in recent years.

Bangladesh is trying to cope with a challenging economic situation.

Anyone of over 30 years of age might recall radio advertisements aired during their childhood and adolescence on contraceptives—Raja and Maya.

10.23 lakh tonnes of aromatic rice was produced in FY24, up from 5.79 lakh tonnes in FY18

Tender has been floated, as the previous contract with Saif Powertec is set to end next month

Higher wages and currency depreciation caused the profit to fall

"We are not ready for LDC graduation right now. Why should we commit conscious suicide?" said BCI President Anwar-ul Alam Chowdhury (Parvez) at a press briefing in the capital.

The benchmark DSEX index rose 32.61 points, or 0.64 percent, to close at 5,166.53, according to DSE data

As much as $670 million (around Tk 8,200 crore) from slow-moving World Bank-funded projects will be repurposed, with most of the funds going towards budget support as the government looks to navigate the narrow fiscal space amid a slowing economy.

Bangladesh is likely to face more hurdles in the race to grab a bigger share of the global apparel market as the Indian government plans to step up its financial assistance to garment exporters.

Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.

The World Bank (WB) will provide Bangladesh with an additional $30 million to help the country build up its power transmission network in eastern regions.

In addition to its lush tea gardens and the breathtaking view of the majestic Kanchenjunga, blooming tulips have emerged as another jewel in Panchagarh’s winter landscape -- but only as a tourist attraction, as farmers struggle to maintain cultivation and earn a profit.

Denmark’s IFU will invest $12.5 million in pharmacy chain AKS Khan Pharmaceuticals for the expansion of the latter’s network, targeting to cater to 8 million patients annually within three years.

The Bangladesh Bank issued a roadmap for scheduled banks to implement an expected credit loss (ECL) methodology-based provisioning system that aligns with international financial reporting standards by 2027.