With Bangladesh set to graduate from least developed country (LDC) status at the end of 2026, swift action on an Economic Partnership Agreement (EPA) with South Korea is crucial, the ambassador of South Korea to Bangladesh Park Young-sik said yesterday.

Linde Bangladesh Ltd, a leading medical and industrial gas supplier, saw a massive surge in its profit in the July-September quarter of 2024 compared to the corresponding period last year, according to its latest quarterly financial statements.

Remittance inflow has continued to rise for the past few months, providing a breather for a country facing multiple challenges, including external payment pressures amid dwindling foreign exchange reserves.

Xingchen Textile Co Ltd, a Chinese company, signed a deal with Bangladesh Export Processing Zones Authority (Bepza) yesterday to invest $35.03 million in setting up a textile recycling factory in Mongla Export Processing Zone (EPZ).

Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales.

Bangladesh Apparel Exchange will organise the two-day expo

Migrant Bangladeshis sent home $2.39 billion in October

It will help in developing skills of operators, said the organisers

With the removal of the cap, there is no ceiling of investment in any bonds issued by the government to enable NRBs to park their funds in the country.

Significant capital gains drove the year-on-year profit growth

It already reduced electricity supply to Bangladesh from October 31

DSEX, the benchmark index of the Dhaka Stock Exchange, climbed 59.15 points to reach 5258.55

Women now account for 49.67 percent of the total deposits made through agent banks

Despite various challenges, the financial sector in Bangladesh is undergoing a rapid digital transformation, driven by economic development and the increasing adoption of new technologies.

Bangladesh, the world’s second-largest garment producer, has opted to bypass India and ship its textiles to global markets through the Maldives, hurting the cargo revenue prospects of India’s airports and ports amid strained bilateral ties, reports Mint.

The share prices of Sea Pearl Beach Resort and Spa Limited soared from Tk 60 to Tk 320 on the Dhaka Stock Exchange (DSE) within just one year after frenzied speculation in 2023 that a foreign investor would buy a significant stake in the company.

United Commercial Bank (UCB) has forced 40 officials, including an additional managing director (AMD), a deputy managing director (DMD) and five general managers, to resign over their alleged involvement in irregularities.

Bangladesh Bank recommends 17 cyber security measures for banks

The association also outlines roadmap for reforms, elections

TIB executive director said at ERF event