He replaced Md Hafizur Rahman

It will now invest Tk 980 crore, up from the previously declared Tk 813 crore

Retail banking in Bangladesh is entering a moment of reckoning. With the Bangladesh Bank (BB) preparing to issue digital banking licences, and with more organised mobile financial services, AI and platform technology becoming mainstream, it is no longer enough for a bank to be a place where peop

Troubled non-banks are currently unable to finance new businesses, says association chairman

BigMint projects a turnaround in FY27

People are buying more again, but high inflation, costly raw material imports and political uncertainty continue to weigh on earnings

Key players not ready

The government has scrapped the rule that required entrepreneurs to keep 10 percent of export proceeds in banks

From January next year, one person will be allowed to register and use a maximum of five personal SIM cards under a single national ID (NID), according to a decision by the Bangladesh Telecommunication Regulatory Commission (BTRC).

The DSEX lost 27.67 points to settle at 5,122.22

The eight-month ban aims to boost hilsa production and ensure the sustainable conservation of the species

High returns from treasury bills lift profits despite rough market

Banks’ lending to small and medium-sized enterprises (SMEs) has fallen to a four-year low, putting the brakes on the rising trend in loan disbursements, as political uncertainty and the economic slowdown have dampened borrowing appetite among entrepreneurs.

Bangladesh’s fresh foreign loan commitments soared by more than 33 times in the first quarter of the current fiscal year (FY), although the amount still remains well below the borrowing ceiling recently set by the International Monetary Fund (IMF).

The government has revised a policy aimed at enhancing accountability in the appointment and performance of chairmen and directors of state-owned banks and financial institutions.

Mutual Trust Bank (MTB) PLC has decided to buy one bigha of land in Dhaka’s upscale Gulshan area at Tk 300 crore for the construction of its corporate head office.

Faced with a 50 percent tariff imposed by the United States, the Indian government has drawn up a four-point action plan with three separate timeframes to regain cost competitiveness in the global textile market, with a particular focus on competing with Bangladesh, Vietnam, and China.

Indian state-backed refiner HPCL-Mittal Energy has halted purchases of Russian crude after US President Donald Trump imposed sanctions on Moscow’s two largest oil companies, the firm said.

Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence.

Demand for gold hit a record high in the third quarter as the precious metal’s price hit all-time highs on geopolitical unrest, industry data showed Thursday.