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24 July 2026, 00:00 AM Economy

3 banks get nod to issue bonds of Tk 1,600cr

Dutch-Bangla Bank Ltd (DBBL), Brac Bank Ltd and One Bank Ltd have got permission from the Bangladesh Securities and Exchange Commission (BSEC) to issue bonds worth Tk 1,600 crore collectively.
1 October 2023, 18:00 PM

Default loans reach record Tk 1.56 lakh crore

The bad loans rose by Tk 24,419 crore in the last three months to June
1 October 2023, 14:20 PM

Export earnings up over 10% in September

It hit $4.31 billion in September
1 October 2023, 13:10 PM

Remittance hits 41-month low

$1.34 billion came in September, lowest since April of 2020
1 October 2023, 12:48 PM

Treasury heads of 10 banks face fine

The banks are: Social Islami Bank, Al-Arafah Islami, Mercantile, Modhumoti, Midland, Brac, Exim, Premier, Shahjalal Islami and Trust.
1 October 2023, 12:24 PM

Government banks and interventions in credit markets

Credit markets are often affected by market failures, which makes them prone to government interventions. While there are many ways in which governments can intervene in financial markets, a common method is through state-owned banks.
1 October 2023, 05:20 AM

Paperfly likely to shut down

One of the post-pandemic period’s top logistics firms, Paperfly is poised to close down having stopped accepting orders since last week, in a grim reminder of the current challenges faced by Bangladesh's e-commerce sector. .“The company has stopped taking new orders since last week. After
30 September 2023, 16:30 PM

Gold prices fall for second time in three days

From tomorrow, prices of each bhori of gold will be Tk 98,210
30 September 2023, 14:55 PM

BGMEA demands fair prices, ethical sourcing from US brands

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought fair prices and demanded ethical sourcing of garments from the US retailers and brands as the new wages for the workers are expected to be implemented from December this year.
29 September 2023, 11:19 AM

Commerce minister urges Mexican businesses to invest in Bangladesh

Highlighting various development initiatives of the government, Commerce Minister Tipu Munshi has urged Mexico to explore economic opportunities in Bangladesh
28 September 2023, 10:31 AM

Scrap-based apparel makers in trouble

Md Sharif Hossain, a small garment manufacturer, established a large-scale factory in Pabna sadar upazila a few years ago in a bid to manufacture apparel from garment scraps, locally known as "jhoot", and export to the Indian market..Manufacturing clothes from garments waste, namely jhoot,
28 September 2023, 02:30 AM

Amusement parks turn over Tk 5,000cr annually

Investment in Bangladesh’s amusement and theme park segment is on the rise as investors are pumping money into the fast-expanding industry to serve visitors, according to industry people..About Tk 12,000 crore has been invested in the sector in the last two decades and about 6 lakh people
28 September 2023, 02:00 AM

BB asks 15 banks to improve financial health

Bangladesh Bank yesterday passed directives on 15 banks through its observers and coordinators to improve their financial health.
27 September 2023, 22:12 PM

Canada wants labour law reforms

Canada wants Bangladesh to reform labour laws in line with recommendations from the International Labour Organisation (ILO) to secure the Canadian General Preferential Tariff (GPT) Plus scheme and enjoy the zero-duty benefit after graduation from least developed country (LDC) status in 2026.
27 September 2023, 22:08 PM

Bangladesh slips three notches in Global Innovation ranking

The country was ranked 105th in the latest GII, down from 102nd a year ago
27 September 2023, 19:13 PM

The saga of ‘easy money’ in Bangladesh

I would deliberately put “black money”, “easy money” earned through political cronyism, or even “unearned income” in the same bracket. .In the world of finance and economics, the term "black money" often raises eyebrows. It alludes to the enormous sums of money that move covertly, out o
27 September 2023, 18:00 PM

BB moves to stem slide in reserve

The Bangladesh Bank will not be making any drastic policy changes ahead of the national election scheduled for January, putting all its focus on tackling the depleting foreign exchange reserves and refraining from printing money to give loans to the government.
27 September 2023, 18:00 PM

Nearly 11,000 Bangladeshi firms members of Dubai chamber

The number of new Bangladeshi companies joining the Dubai Chamber of Commerce has surged 47 percent year-on-year to 1,044 in the first half of this year, said the chamber. .With the latest addition, the total number of Bangladeshi firms registered as members of the Dubai chamber rose to 1
27 September 2023, 17:59 PM

Japanese, Chinese firms to build 370MW solar power plants

Two Japanese companies and one Chinese firm have received approval from Bangladesh to invest in three solar-based power plants..The cabinet committee on purchase gave its nod to the project proposals yesterday. The plants will be built in Dinajpur, Bandarban and Feni..The plants will
27 September 2023, 17:58 PM

Infrastructure for tourism not built in planned way

Infrastructure facilities for the tourism sector in Bangladesh have grown on the basis of demand but not in a planned way, said Jatiya Sangsad Speaker Shirin Sharmin Chaudhury yesterday..“We have to determine the existing demands and build up the tourism sector in a planned way in differen
27 September 2023, 17:56 PM