Banks in Bangladesh no longer need regulatory approval to issue payment commitments against the surplus earnings of foreign airlines and shipping companies in the country.

At a time when the interim government has initiated various reforms to salvage the ailing banking sector, the Bangladesh Association of Banks (BAB) yesterday urged the finance adviser to consider stakeholders’ suggestions before formulating policies.

Over the past 15 years, the country’s economy presented a number of marvels, including over 6 percent growth on an average per annum. But, its stock market showed a sharp contrast: sluggish, dry and in decline.

Prices of eggs and broiler chicken, two major sources of protein, prevailing in Dhaka’s markets have long surpassed rates set by the interim government in September, putting pressure on consumers plagued with persistently high inflation.

The BEA also urged the 'anti-discrimination BEA' to stop conducting unfair activities

The policy targets $110 billion export by FY27

The NBR relaunched the e-filing portal on Sep 9

Tax Commissioner Ikhtiar Uddin is heading the seven-member task force

The administrator will remain effective until January 7 next year

The certification recognises iBAS++ for its robust measures in safeguarding sensitive data

Authorities declared a holiday for these factories yesterday in the Gazipur Sadar area to restore stability amid growing labour unrest

Ibn Sina’s consolidated earnings per share (EPS) was Tk 21.46, compared to Tk 19.38 the previous year, according to a disclosure on the Dhaka Stock Exchange (DSE)

Workers of Birds Group, a textile maker in Bangladesh, withdrew their blockade at the Baipail intersection of the Nabinagar-Chandra highway in Dhaka’s Ashulia yesterday after being assured that all their arrears will soon be paid..At around 9:30am last Monday, workers of Birds Group blocke

Fashion brands and retailers are witnessing increased customer footfall ahead of Durga Puja, the biggest annual festival for Hindu community, despite rising prices and political uncertainty.

Stock indexes in Bangladesh plunged by over 2 percent yesterday as a section of investors sold shares on a massive scale apprehending punitive measures from the regulator for their past malpractices.

The stock market regulator formulated a large number of policies, rules and regulations and passed orders in the last 15 years citing the best interests of investors.

Sky Bees Limited, a newly established company, will today sign an agreement with the Bangladesh Export Processing Zones Authority (Bepza) for land to set up an export-oriented unmanned aerial vehicle (UAV) production facility.

The implementation rate of the annual development programme (ADP) in the July-August period of the current fiscal year was the lowest in the past 12 years due to cautious spending by the government and work disruptions amidst political turmoil.

Bangladesh’s inflation continued to ease for the second consecutive month in September as prices of both food and non-food items cooled off, according to the statistics bureau.

FSIBL gets Tk 300 crore, SIBL Tk 350 crore, Global Islami Tk 25 crore and National Tk 270 crore