Nearly 80 percent of households of plainland ethnic minority communities have no access to credit, be it formal or informal sources, as per a new study made public yesterday.

Zahid Hussain, a former lead economist of the World Bank’s Dhaka office, termed as the most significant step the abolition of the SMART system among the three changes brought yesterday by the central bank.

PRI Executive Director Ahsan H Mansur says

IMF mission concluded its 15-day visit to Bangladesh today

The prime index of the DSE decreased 0.6% before closing the day at 5,690.78

Cooperation is sought for product development, technology upgradation, monitoring and financial literacy

The tax on cigarettes in Bangladesh should be raised in the national budget for fiscal 2024-25 to boost the country’s revenue generation and minimise health risks, according to experts.

302 industries will make the investments

Bangladesh will face a severe crisis in 2026 as the government has availed a significant amount of loans from foreign lending agencies and local banks which it will have to repay, said Bhattacharya.

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.

It will be the 29th edition of the three-day exhibition

The DSEX fell 1.74 points to 5,725.28

The three state-run oil companies in Bangladesh booked double-digit growth in profits during the first nine months of the current fiscal year even after a decline in sales mainly due to a rise in income from bank deposit interests.

It hit Tk 1,095 crore, up by 34% from the previous day

DBL Lifestyles, a concern of DBL Group, is going to launch an outlet of German sportswear and footwear giant Adidas in Dhaka, offering a range of shoes, sportswear and accessories, to attract the growing affluent class.

The bank’s sponsor director Khalilur Rahman made the new chairman

He joined Summit Group in 2007

$2.04 billion came in the fourth month of the year

Sales grew for Indian consumer goods company Marico Bangladesh in the 12 months of fiscal year (FY) 2023-24, which ended on March 31 this year as per their books.

The stressed loans in the banking sector of Bangladesh will remain elevated even after the central bank tightened the rules for classification of non-performing loans (NPLs), said Moody’s Investors Service.