The hurried initiative of merging banks may not bring about the desired outcome, said analysts at a webinar.

If you get a chance to take a stroll inside the present-day terminal of Chattogram Port, a world of mechanical marvels awaits.

NRBC Bank’s top managers have great appetites. 

Only a select 27 employees of NRBC Bank were given salary hikes, and that too astonishingly, in 2022 in violation of banking rules as well as NRBC’s own human resources policy

In December, a historic deal marked the start of a new era for port management across the country as Bangladesh welcomed its first foreign port operator.

Capital machinery imports are recovering slowly as concerns over political uncertainty ease and banks show more willingness to facilitate investments amidst increased liquidity in terms of US dollars and stability in the exchange rate. During the July-January period of this fiscal year (FY), LC openings for capital machinery grew three percent year-on-year to $1,557 million, according to Bangladesh Bank data.

Major indices of the Dhaka Stock Exchange (DSE) maintained their upward trend for the second day in a row yesterday.

Since the interest rates may rise further, the companies are taking steps to quickly pay back loans using funds from alternative sources, according to business leaders.

Export proceeds worth at least $3.45 million (Tk 34.41 crore) were not repatriated by six customers of NRB Commercial Bank’s Uttara branch, and the bank concealed the trail of the capital flight, according to the bank’s internal audit and case documents.

Bangladesh’s external debt has crossed the $100 billion mark for the first time, indicating a challenging future amid foreign exchange shortage.

Let me share a true story from a LinkedIn friend who had a bitter argument with his boss. Attempts to share his concerns turned futile as the office only kept records in hard copies instead of digital. Eventually, his frustration reached a height where he blocked his boss on his phone.

The government has allowed private traders to import a total of 83,000 tonnes of parboiled and sunned rice from abroad, a move that comes more than a month after the National Board of Revenue (NBR) slashed the related import tariff.

According to a paper presented at a seminar

The new rate comes two days after a price cut

The four are: Sunflower Life Insurance, Progressive Life Insurance Company, Sunlife Insurance Company and Homeland Life Insurance Company

Meta top officials meet BTRC chairman in Dhaka

National Committee to Protect Shipping, Roads and Railways urges authorities

The major indices of the Dhaka Stock Exchange (DSE) continued its upward trend for the second straight day today.

The government has introduced a new product under the Universal Pension Scheme (UPS), allowing the existing employees of state enterprises, autonomous bodies and their affiliated organisations to help them avail pension benefits monthly

Spending under the annual development programme (ADP) has been going slow in the current fiscal year (FY), with implementing agencies using just 31.17 percent of the total allocation till February this year, showed official figures.