Savers are increasingly parking their funds at Islamic banking branches and windows of commercial banks in Bangladesh in a move away from full-fledged Shariah based banks, which were mired by irregularities during the tenure of previous government ousted in August this year.

If you call your friends and relatives, you may find that some are off in the hills of Sajek valley of Rangamati or the sandy beaches of Cox’s Bazar and other tourist hotspots across Bangladesh.

Problem-ridden Padma Bank has applied to the Bangladesh Bank for Tk 1,300 crore in liquidity support to mitigate its crisis and strengthen its ability to repay depositors.

The International Monetary Fund (IMF) has proposed more reforms, including the separation of tax administration and tax policy and greater exchange rate flexibility, as conditions for an additional $750 million loan to Bangladesh.

The local tourism industry was suffering from apprehension over the loss of business amid a long recession stemming from mass unrest, which began in July

A platform named Spirits of July will organise the concert in Dhaka’s Army Stadium

They backtracked from the decision after the government promised to address their 10-point demand

The five-day exhibition will be organised at Bangabandhu International Conference Centre

The meeting will be held in February next year

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

The interim government of Bangladesh will procure 50,000 tonnes of rice from India to address the depletion of the country’s food stocks and thereby meet consumer demand for the cereal grain amid ongoing inflationary pressure..The rice will be used to supply state-sponsored food distributi

The Indian rupee dropped to a record low on Wednesday, weighed by persistent demand for US dollars from importers and speculators ahead of the Federal Reserve’s policy decision.

British inflation hit an eight-month high in November, but the rise in services prices - watched closely by the Bank of England as an underlying measure of inflationary pressures - held steady, offering the central bank a little bit of relief.

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors.

The exchange rate of the taka and the US dollar is going to be turned more flexible in line with suggestions of International Monetary Fund (IMF), according to Bangladesh Bank.

Bangladesh Tea Research Institute (BTRI) alongside universities need to conduct advanced scientific research to come up with tea plant varieties that can adapt to climate change while providing quality and high yields, suggested speakers at a seminar yesterday.

The International Monetary Fund (IMF) has further cut Bangladesh’s growth forecast but kept its projection on inflation elevated for the current fiscal year.

The Beximco Group has laid off nearly 40,000 workers across its 15 apparel units, citing a lack of work orders for its export-oriented garment and textile factories in Dhaka’s outskirts of Gazipur.

The Payra thermal power plant in Kalapara upazila of Patuakhali has halted production to conduct maintenance and facilitate the test commissioning of a neighbouring facility, according to officials of the 1,320-megawatt (MW) coal-fired power station.

A high-level taskforce will work with Bangladesh Investment Development Authority (Bida) to formulate a roadmap for the development of a semiconductor sector, focusing on testing, assembly and scaling up capabilities. .The decision was taken at a meeting titled “Semiconductors – A New Fro