NCC Bank has signed an issuing bank agreement with Asian Development Bank under its “Trade and Supply Chain Finance Program (TSCFP)” recently.

Padma Bank and Rico International signed a memorandum of understanding (MoU) on student banking relationship in Dhaka on Tuesday.

Southeast Bank won “The 2022 US Dollar Clearing Elite Quality Recognition Award for Outstanding Achievement of Best-in-Class” of JP Morgan Chase Bank NA, the largest bank in the United States.

Brac Bank has launched the country’s first end-to-end digital loan app Shubidha. 

The Bangladesh Bank has allowed banks to help students who are studying in China pay their tuition fees.  

Bangladeshi expatriates would be immensely benefitted if they send remittance through digital platforms as it cuts that cost of sending money from overseas by roughly half, according to a recent study.

The government today restricted foreign travels of all public sector employees until further notice, a development that comes amid falling foreign exchange reserves.

The Chittagong Stock Exchange (CSE) declined for the third straight day today.

The Dhaka Stock Exchange (DSE) fell for the third consecutive session today.

Bangladesh has made gradual progress in reducing some constraints on foreign direct investments (FDIs). However, many feel a lot needs to be done when it comes to improving the ease of doing business here.  

Although many industrial estates under the Bangladesh Small and Cottage Industries Corporation (BSCIC) seem to be in shambles, the one in Nilphamari paints a picture of success.

The price of wheat flour has kept rising in the retail market of Bangladesh due to a decrease in imports amid higher costs of the staple in the global markets, handing a fresh blow to the consumers already struggling to make ends meet. 

The current lending rate, which equals the inflation rate, has brought about major challenges for the economy as a negative interest rate has prompted many large clients to borrow hugely despite subdued demand, giving them the leeway to divert funds to the unproductive sector. 

Associated Oxygen Limited (AOL) reported nearly 24 per cent lower profit in the last financial year of 2021-22 for the economic slowdown, the impacts of the Russia-Ukraine war and lower sales of medical oxygen. 

Indo-Bangla Pharmaceuticals Limited has reported an 80 per cent decline in profit in the year that ended on June 30. 

Creating scalable 5G use cases for business is the main challenge for a meaningful commercial rollout of the service in Bangladesh, according to experts.

Stocks fell for the second consecutive day yesterday, but the turnover experienced a 20 per cent rise.

Pradip Ranjan Chakraborty, former secretary of the planning commission, has been appointed as the new chairperson of Bangladesh Competition Commission (BCC).

Non-banking financial institution IDLC Finance is set to start construction of its permanent 20-storey corporate office in the Tejgaon Industrial Area in Dhaka. 

Meghna Cement Mills Ltd returned to profit in the last financial year.