The anti-money laundering agency also directed banks to freeze the accounts of companies owned by them

They made the demand at a press conference at the BGMEA office 

Ahmed emphasised that integrating financial services into a unified digital system would improve transparency and accountability

All of its non-current assets will be sold

Southeast Bank elects its founding chairman MA Kashem as its new chairman

S Alam Group and its linked companies account for more than 86 percent of the disbursed loans of Global Islami Bank (GIB), one of the six Shariah-based lenders that were controlled by the Chattogram-based business giant.

The benchmark index of Dhaka Stock Exchange (DSE) rose yesterday on falling for two days last week as investors traded select shares to pocket short-term profits..The DSEX, the broad index of the country’s premier bourse, edged up by 18.98 points, or 0.34 percent, from that on the day prio

As India aims to become a $3 trillion tourism economy by 2047, it is fast becoming one of the world’s most sought-after travel destinations with 14.3 million international tourists in 2022 and $17.6 billion in revenue.

Fixing retail prices for essential commodities like chicken and eggs might seem like a straightforward solution to ensure affordability for all consumers. However, in Bangladesh such measures often fall short due to various economic and structural challenges. Understanding the underlying microeconomic principles and market dynamics is essential to grasp why price controls may be ineffective at the national level.

Taxi driver Surendra Parajuli’s decision to buy an electric cab would have been unthinkable a decade ago, when chronic power cuts left Nepalis unable to light their homes at night.

The interim government yesterday restructured an inter-agency taskforce meant to bring back money that has been illegally taken abroad.

Holding unmet demands responsible for the latest spell of worker agitation in garment manufacturing belts, labour leaders have called for an immediate implementation of the 18-point demand agreed on at a tripartite meeting last week.

Different shipping lines are showing interest in expanding their services to directly connect and quickly transport cargo between the Chattogram port in Bangladesh and those in China, the biggest source for local imports.

Multilateral development finance (MDF) sometimes brings risk for the receiving countries, for which there should be meticulous reviews for facing the challenges, according to experts.

The stock market regulator approved 127 firms for listing in the past 14 years, allowing their transition from private to public companies. However, the subsequent outcomes are disheartening as most of these companies showed declined performance rather than growth.

The Bangladesh Bank (BB) today expanded the size of the refinancing fund meant for marginalised communities to Tk 750 crore from previous Tk 500 crore, with a priority to extend financial coverage to flood victims across Bangladesh. .The refinance fund is for the small bank account h

Headed by Bangladesh Bank governor, the nine-member task force became operational with immediate effect

The banks’ unclassified rescheduled loan also rose, according to Financial Stability Report 2023

Experts say at CPD, OECD webinar on the Multilateral Development Finance 2024 report

Of the closed factories, 11 were shut down under the “no work, no pay” provision of the Labour Act, while 6 others were closed due to general holidays.