The WB said Bangladesh's economy is expected to grow by only 4 percent due to the uncertain impact of political protests and the ongoing transition in government

About 99.26 percent garments factories are open now at Savar, Ashulia, and Gazipur

The government has identified a dozen slow-paced projects funded by the World Bank, from which up to $1.5 billion will be repurposed and utilised as budget support or in other policy-based reform programmes.

The government has cancelled all activities related to issuing commercially important person (CIP) cards for 2023, according to a circular issued by the Export Promotion Bureau (EPB) yesterday.

Alleged discrepancies in financial records and subsequent board restructuring and non-payment of dividends to investors over the past five years have done little to dissuade Uttara Finance and Investments from going for lavish expenditures this year.

Amid a persistent liquidity crunch, some lenders are desperately trying to increase their deposit base by offering higher interest rates to attract customers.

The world’s 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday.

Gold prices edged up on Monday as investors assessed China’s weekend stimulus announcement, while also focussing on US Federal Reserve officials’ comments for further rate cut cues.

The National Board of Revenue (NBR) has formed committees on border trade cooperation with representatives of related agencies to facilitate faster trade.

Plastic goods makers in Bangladesh urged the interim government to implement measures to ban single-use plastics after 2030 considering the greater interests of businesspeople and consumers.

The Bangladesh Bank (BB) yesterday eased the rules relating to exports through e-commerce platforms to facilitate small value exports under a business-to-consumer process.

Data released from the Office of Textiles and Apparel (OTEXA) showed the fall

Salehuddin Ahmed visits Dhaka’s Karwan Bazar kitchen market

Transactions in their personal and business accounts will also remain suspended for 30 days

The instruction came from the commerce ministry

Transactions in her personal and business accounts will remain suspended for 30 days

The company made a profit of Tk 12.48 crore

The OMS programme is a public food distribution system under which the government sells rice and flour at subsidised rates through authorised dealers and trucks across the country.

Luxury apartment sales have dwindled to almost nil ever since the recent political changeover as people have become cautious about spending amid the ensuing economic uncertainty, according to industry insiders.

Sixteen non-bank financial institutions (NBFIs) faced a combined provision shortfall of Tk 1,954 crore till June this year, reflecting that their financial health had worsened.