Complexities involving deeds offered as mortgage, lengthy procedures for availing the loans, lack of collateral, and growing demand for Netflix and other video streaming platforms are the major reasons for poor demand

The government has pledged to take more than 50 reform measures in three years under the International Monetary Fund’s loan programme to rebuild foreign currency reserves and contain inflation

IMF's $689 million second instalment of the $4.7 billion loan will give a much-needed boost to the country’s foreign currency reserves but pressures on the country’s external position will remain, said Moody’s Investors Service

Bangladesh’s depleted foreign currency reserves have received a boost as $1.09 billion have been added to the central bank’s account, said an official.

The International Monetary Fund has set a new minimum foreign exchange reserves target for Bangladesh as the reserves have dropped at a faster-than-expected pace.

Earlier in May, Pragati reached a consensus with Mitsubishi Motors Corporation to establish a complete knock-down setup for assembling sedans

Local manufacturers produced 57.5 lakh smartphones from January to October this year, down about 27 percent from 78.5 crore units in the same period a year earlier

Mustard cultivation in Bangladesh has reached a new high as improved varieties of the crop released by public research institutions are offering higher profits and yields

People living in rural Bangladesh have witnessed more erosion in their purchasing power and well-being than the urbanites as the former are paying more for both food and non-food items

The IMF executive board may approve the waiver if it is satisfied that its programme will still succeed

Bangladesh and the Maldives are the two countries in the Asia-Pacific region where the rating outlook is negative, said Fitch Ratings in the Asia-Pacific Sovereigns Outlook 2024.

A total of 93 traders across the country were fined a total of Tk 414,500 by the Directorate of National Consumers Right Protection (DNCRP) yesterday for “holding back stocks of onion to artificially raise prices”.

Bangladesh Bank sets December 26 deadline for the banks to adjust current account deficit

Credit card transactions by Bangladeshi nationals travelling or living abroad rose significantly to hit Tk 5,386 million in October

The reserves stood at $19.16 billion as of December 13.

Tk 450 crore will be mobilised under private placement, Tk 50 crore through public offer

The International Monetary Fund (IMF) will require a certain amount of foreign currency reserves to ensure the next installments in the future.

Bangladesh and Sri Lanka have received loan payouts from IMF, strengthening their buffers against risks to foreign exchange reserves

After launching in 2016, Sheba quickly captured the attention of urbanites by offering comprehensive solutions to common challenges associated with city living

SM Sourcing, located in Gazipur, has scored 106 out of 110, the highest in the globe, receiving the certification on Tuesday