The Bangladesh Bank has rejected Dutch-Bangla Bank’s proposal to purchase a Motijheel building for more than Tk 1,000 crore to use as its corporate headquarters, saying the price was significantly inflated and the deal posed a conflict of interest involving the bank chairman’s family.

Beximco’s textile division, which shut down its factories late last year due to financial problems, is set to reopen with support from Japan-Bangladesh ventures Revival Group Co Ltd and Revival Projects Ltd, alongside state-owned Janata Bank.

Bangladesh, with its large population and strong domestic demand, has significant potential for a thriving tourism sector. However, tourism infrastructure is still not up to the required standard, said Mohammad Rafeuzzaman, president of the Tour Operators Association of Bangladesh (Toab), the country’s apex body of tour operators.

While at PwC, we implemented many CBS (core banking system), ERP (enterprise resource planning), CRM (customer relationship management), data analytics or technology transformation projects at various enterprises or banks. While our clients focused on smooth implementation by engaging our cross-border or the best of local resources, senior regulators or bureaucrats often used to ask us why we engaged so many cross-border technology experts and why we did not pursue joint business relationships or rely more on local firms. The hard truth was that we often had to engage cross-border resources because there was an identified shortage of trained local technology project implementation teams or firms.

China’s factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the $19 trillion export-driven economy as a trade war with the US and weak domestic demand heighten risks to growth.

Google announced Friday a major $40 billion investment in Texas through 2027 to build new cloud computing and artificial intelligence infrastructure, marking the latest in a series of massive technology investments in the US state.

The Bangladesh Bank (BB) wants to bring in strategic foreign investors for the new shariah-based Sammilito Islami Bank, which is being created through the merger of five troubled Islamic lenders, according to BB Governor Ahsan H Mansur..Days after the central bank gave the preliminary appr

Garment exports to the USA, the country’s largest single export destination, increased by 5.14 percent to $2.59 billion during July-October, despite facing a 20 percent reciprocal tariff imposed by the US under President Donald Trump’s administration..The USA accounted for 19.92 percent of

The government has finalised the process to appoint Switzerland-based logistics firm Medlog SA to manage and operate the Pangaon Inland Container Terminal in Keraniganj for 22 years...An agreement is expected to be signed this afternoon between the Chittagong Port Authority (CPA) and

Disease outbreaks remain a major concern for Bangladesh’s aquaculture sector due to inconsistent biosecurity practices across the country, said Abu Tahir Muhammad Zaber, secretary to the Ministry of Fisheries and Livestock..He made the remarks at a programme organised by the Aquaculture Ne

Bangladesh has made notable progress in stabilising its economy in recent months, finance adviser said today

Bangladesh offered a much more competitive unit price than the East Asian superpower.

The Global System for Mobile Communications Association (GSMA) has raised concerns about Bangladesh’s draft telecom licensing guidelines, cautioning that several proposed conditions could deter investment, restrict market participation, and contradict the objectives of the Telecommunications Network and Licensing Policy (TNLP) 2025.

Standard Bank is mired in internal conflict as its bad loans rise to nearly a third of total lending, exposing governance problems at the shariah based lender already under scrutiny by the central bank, show documents. 

The centrepiece of the reform package is the abolition of a category that designates state-owned lenders as "specialised banks"

Gold will be sold at Tk 208,272 per bhori, down by Tk 5,446 or 2.54 percent from Tk 213,719 per bhori

The country’s economy has returned to a positive trajectory across all key indicators, including exports, foreign investment, and forex reserves, Chief Adviser Prof Muhammad Yunus said yesterday.

Dhaka and Chattogram, two major divisions of Bangladesh, received 80 percent of the total remittance of the first quarter of fiscal year 2025-26, reflecting a regional disparity.

The International Monetary Fund (IMF) will engage with the next government before finalising the upcoming loan review for Bangladesh, said Chris Papageorgiou, IMF mission chief to Bangladesh.

The government has decided to reserve 10 MHz of the valuable 700 MHz band exclusively for state-owned Teletalk once a pending court case is resolved, raising concerns among industry experts about underutilisation and anti-competitive effects.