Classified loans in Bangladesh have exceeded Tk 284,000 crore. Various agencies are even talking of Tk 4 lakh to Tk 7 lakh crores of stressed assets in the banking sector, which tends to be 25-45 percent of the total loans.

Financial inclusion in Bangladesh is evolving, as evidenced by the increasing penetration of agent banking, mobile financial service (MFS), and no-frills accounts (NFAs), alongside a strong commitment to rural outreach, according to

The administrator and two panels of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have reached a consensus to hold the election of the garment exporters’ platform in April this year.

Bangladesh’s trade deficit in the first five months of the current fiscal year was 20 percent, or $1.97 billion, lower than in the same period of the previous fiscal year.

The recent decisions of the interim government—tax hikes and the suspension of the TCB truck sale programme—clearly reflect the short-sightedness and inconsistency in state policies.

The government’s recent decision to increase excise duty on domestic and international air tickets will have a serious negative impact on the aviation market, especially domestic passenger growth, said top officials of the country’s air operators.

Economists and businesses criticised the timing of the NBR’s decision, as people have been struggling with above-9-percent inflation for nearly two years.

Beanpole customs also listed 12 types of imported goods that should go through physical inspection

Updated voter list will be published and election board will be formed within January

It will deter national and international investments, says DCCI 

Competitive market pressures, fluctuations in raw material prices responsible for the decline 

From groceries to food and commuting, startups, founded by innovative young people, became popular brands

Businesses yesterday expressed concern over the government’s move to hike the gas price for industrial and captive users and the income tax for consumer durables as those would further decelerate economic activities and fuel inflation.

China said Thursday that an investigation had found the European Union imposed unfair “trade and investment barriers” on Beijing, marking the latest salvo in long-running commercial tensions between the two economic powers.

The US dollar charged ahead on Thursday, underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid the shifting threat of tariffs.

Despite plans to expand its fleet and international network, Novoair, a private airline in Bangladesh, has been unable to do so due to a global shortage of aircraft available for lease.

Bangladesh’s foreign exchange reserves fell to $20 billion yesterday from $21.67 billion after the country paid $1.67 billion in regional import bills through the Asian Clearing Union (ACU).

The Dhaka Stock Exchange (DSE) has identified a lack of good governance, efficiency and transparency as key issues hindering its ability to effectively contribute to the development of Bangladesh’s stock market.

Local agro-processing giant Pran plans to invest an additional Tk 600 crore in its poultry business within the next two years, responding to the country’s growing demand for eggs and chicken.

Elections at major trade bodies have missed the 90-day deadline as new administrators of the business organisations seek amendments to the governing rules.