Telenor shrinks Asian footprint, puts GP in spotlight
4 hour(s) ago
Economy
Glittering gold draws both buyers and sellers
4 hour(s) ago
Business
What banks must get right in 2026
4 hour(s) ago
Economy
BB to push private firms to capital market: governor
4 hour(s) ago
Global Economy
Fisheries, livestock get Tk 100cr subsidy
4 hour(s) ago
Business
Al-Arafah Islami Bank hosts annual business conference
4 hour(s) ago
Business
Gold hits Tk 2.62 lakh, makes another record
6 hour(s) ago
Business
South Korean company to invest $80m in Bepza EZ
8 hour(s) ago
Business
Govt to earmark 850 acres in Mirsarai for defence industrial zone
9 hour(s) ago
Business
Bangladesh eighth-largest market for US wheat in 2025: US envoy
10 hour(s) ago
Business
Restoring trust in the banking sector
Lately, I have been receiving calls from friends and family asking which banks are safe or if they should withdraw their deposits from a particular bank.
14 September 2024, 18:00 PM
Gold to hit close to Tk 130,000 per bhori for first time
The price of gold will increase by 2.8 percent from the previous rate of Tk 126,321 a bhori, which has been effective since September 2.
14 September 2024, 15:43 PM
Asia Insurance fined for embezzling Tk 2.27cr
The misappropriation by the non-life insurer involved TVS Auto Bangladesh Limited, which collected initial insurance policy papers for opening over two dozen letters of credit (LCs) in 2021 and 2022 to import goods.
12 September 2024, 14:33 PM
BSEC to go tougher on delinquent brokers
The Bangladesh Securities and Exchange Commission (BSEC) will go tougher on brokerage houses that have a deficit in their consolidated customers account (CCA) in an effort to bring more discipline to the country’s stock market.
11 September 2024, 18:00 PM
Taskforce formed for banking reforms
The Bangladesh Bank yesterday formed a six-member taskforce to carry out reform initiatives in the country’s banking sector.
11 September 2024, 18:00 PM
Arif Quadri resigns as UCB managing director
Arif Quadri, managing director and CEO of United Commercial Bank (UCB), formally resigned from his post today. He had been absent from office ever since the Sheikh Hasina-led Awami League government was ousted by a mass uprising on August 5
11 September 2024, 12:21 PM
Use official names of borrowers for CIB reporting
The central bank said it noticed that loans were being approved using the names of separate units of companies.
10 September 2024, 16:35 PM
Edible oil prices rise on global hike: traders
Loose and bottled soybean oil have become costlier in Bangladesh due to price hikes in the global market amid a supply shortage of the key cooking ingredient, according to traders.
9 September 2024, 18:00 PM
M Aslam Alam new chair of IDRA
Alam's appointment comes following Mohammad Jainul Bari's resignation as chairman of the insurance regulator on September 5.
9 September 2024, 12:32 PM
Time for business schools to scale up
Thanks to our entrepreneurs, a few dynamic policy planners, mostly docile and hard-working workers, Bangladesh’s private sector has expanded rapidly and became a crucial driver of economic growth.
7 September 2024, 18:00 PM
Adani repeatedly pressing for $800m electricity dues
India’s Adani Group has been repeatedly requesting the interim government to immediately clear dues of around $800 million on their electricity sales, according to officials of Bangladesh Power Development Board (PDB).
7 September 2024, 18:00 PM
Most stocks owned by Awami League leaders struggling
Share prices of most companies with directors connected to the immediate past Awami League government saw a big drop in the past month after the fall of Sheikh Hasina, though the market was in a rising trend during the period.
7 September 2024, 18:00 PM
Interest rate spread rises to highest level since 2003
The spread between interest rates on deposits and loans rose to 6.03 percent, the highest in two decades, indicating that banks are making money at the expense of depositors and borrowers.
7 September 2024, 18:00 PM
Unrest to hit RMG exports
The latest spell of unrest in the garment industry of Bangladesh will negatively impact its apparel exports as many international buyers are cancelling their trips to the country to finalise work orders for the coming seasons.
7 September 2024, 18:00 PM
BB eases imports of raw materials
In 2022, the BB had asked banks to take up to 100 percent of the payment in advance from businesses while opening LCs for luxury and non-essential items in an effort to keep forex reserves stable.
5 September 2024, 13:52 PM
Salman dropped as IFIC Bank board reformed
Salman, a shareholder of the bank, is now in jail in connection with several cases filed over various irregularities during the Awami League’s 15-year regime.
4 September 2024, 13:06 PM
Auditors stage sit-in at Hisab Bhaban over promotion
“A legal battle over the promotion has been going on since 2015. Finally, we won. But a group of government officials with bad intentions has now put the issue on hold,” an agitating official said.
3 September 2024, 15:09 PM
Businesses urge govt to take urgent steps to ensure law and order
At least 50 garment factories were closed today although army and police personnel conducted a joint operation to prevent unrest in the Savar-Gazipur area.
3 September 2024, 13:22 PM
BB’s strange bid to save Orion plant
Three state-run banks far exceeded their limits to salvage a coal-fired power plant project of an Orion Group subsidiary, which was stalled for six years, with Tk 10,579 crore in loans thanks to policy relaxation by the Bangladesh Bank under the now-ousted Sheikh Hasina government.
2 September 2024, 18:00 PM
NBR scraps provision to whiten black money
The tax administration issued a notification in this regard today.
2 September 2024, 13:29 PM