Turnover hit Tk 440 crore, down from the previous day's Tk 712 crore

The Bangladesh Bank has reduced fees payable against credit guarantee facility for entrepreneurs in cottage, micro, small and medium enterprises (CMSMEs) and financial inclusion sectors.

Sri Lanka will save $5 billion following the restructure of its bilateral debt, much of which is owed to China, through slashed interest rates and longer repayment schedules, the president said Tuesday.

Rangs eMart is going to introduce nine new models of televisions from LG’s latest series in Dhaka today.

The timing of Citizens Bank’s launch on July 3, 2022, could not be worse: Bangladesh was reeling from the twin crises of the coronavirus pandemic and the Russia-Ukraine war, and people’s confidence in the banking industry eroded owing to loan scams and irregularities.

The central bank has shared data of the net international reserves (NIR) of Bangladesh for the first time.

The Bangladesh Bank injected $12.79 billion into banks from its reserves in the just-concluded 2023-24 fiscal year as banks combatted a severe US dollar crisis which hampered import payments.

A staggering majority of customers of state-run telecom operator Teletalk are getting no solutions even after logging complaints through the call centre of the Bangladesh Telecommunication Regulatory Commission (BTRC).

The government aims to borrow more from the domestic sector at fixed rates and for longer periods and cut reliance on Treasury bills with a view to keeping debt risks lower and avoiding exchange rate volatility.

The exhibition will be the first of its in Bangladesh

The American Chamber of Commerce in Bangladesh (AmCham) organises monthly luncheon meeting

Garden Reach Shipbuilders & Engineers Ltd’s share price rose from INR 2,099 on June 28 to INR 2,473.95 as of today

The power and energy sector has been suffering from inconsistencies and inefficiencies due to a lack of a cohesive policy framework and arbitrary decision-making, experts said at a webinar yesterday..They also called for steps like a comprehensive and coordinated policy that integrates the

Bangladesh should expedite talks for trade deals with major partners like Canada, India, Japan and China to retain duty benefits after graduating from the Least Developed Country (LDC) status in 2026..This is because following graduation, the country’s garment exports will face duty of 11.

A key survey of Japan’s largest manufacturers showed Monday that business confidence rose for the first time in two quarters, while revised data showed the economy contracted further.

Bangladesh is an ideal investment destination, exemplified by the fact that it is the second-largest garment exporter globally, said Maj Gen Abul Kalam Mohammad Ziaur Rahman, executive chairman of Bangladesh Export Processing Zones Authority (Bepza), yesterday.

The cabinet yesterday approved the draft export policy for 2024-27, keeping in mind the challenges presented by Bangladesh’s graduation from a least developed country (LDC) to a developing one in 2026.

The tax administration backtracked from its decision to levy a 5 percent tax on incomes generated by manufacturers of motorcycles, air conditioners and refrigerators until 2032, raising it to the previous rate of 10 percent.

Bangladesh is expecting a formal declaration of the beginning of a negotiation of a free trade agreement (FTA) with China during Prime Minister Sheikh Hasina’s visit to China next week, State Minister for Commerce Ahasanul Islam Titu said.

For stock investors in Bangladesh, the just-concluded fiscal year was the worst in four years, with the benchmark index of Dhaka Stock Exchange losing over 1,000 points.