Abul Kashem, chairman of the proposed Peoples Bank, is set to fork out Tk 40 crore to buy shares in the bank, although his total...

The South Asian Association for Regional Cooperation (Saarc) cannot play an effective role in helping nations attain sustainable development goals (SDGs)  due to lack of...

Reducing the “shares pledge” risk for listed companies and easing financing difficulties for private enterprise have become top priority in the current economic climate, Economic...

Turnover at the Dhaka Stock Exchange jumped 44 percent yesterday riding on stocks of a group of 10 companies that solely contributed around 31 percent...

Mutual Trust Bank (MTB) yesterday joined hands with UnionPay International to jointly launch debit and credit cards alongside QR code payment, e-wallet and digital card...

Foreign investors sold more shares than they bought in Dhaka Stock Exchange last month mainly because of political tension ahead of the upcoming national election...

Sales of savings instruments continued its uptrend in the first quarter of the fiscal year thanks to their higher yield in comparison to banks' deposit...

Greenpeace's former iconic ship Rainbow Warrior II has recently been beached for recycling at PHP Family Yard in Chattogram, a move that recognises the Bangladesh...

Consumer borrowing growth has seen a sharp fall in June thanks to the tightening of the belts by the lenders when a cash crunch hit...

India's government is seeking to form panels to monitor the functions of the Reserve Bank of India (RBI), Bloomberg reported on Friday, citing people with...

Bangladesh bagged $438 million in export earnings from the footwear sector alone in the last fiscal year and has become the sixth largest footwear and...

Female participation in Bangladesh's labour force has increased to 36.3 percent in 2017 from 33.2 percent in 2016 thanks to the flourishing garment industry, according...

Bagdoom.com is a digital marketplace where businesses can sell their products in various categories including electronics, handicrafts, lifestyle and groceries.What makes it different from others...

The National Board of Revenue (NBR) is going to bring in rules to restrict the import of goods which violate intellectual property rights.A draft of...

The economy is progressing well despite the presence of some risk factors like marginal growth in remittance, slower exports and a lower rate of investment,...

Tax collection on the first three days of the ongoing weeklong tax fair has crossed the Tk 1,000 crore mark amid an increasing turnout of...

Agent banking, which takes banking services to the unbanked people, is going from strength to strength, with both deposit collection and loan disbursement on the...

Bangladesh should make all-out efforts to improve its position in the Ease of Doing Business index of the World Bank in order to attract more...

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday termed faulty a list of 532 garment factories with which the Accord has proposed severing business...

Banglalink's revenue has decreased 5.8 percent year-on-year to Tk 1,100 crore in the July-September quarter, reads a report of the operator's parent company Veon.However, the...

Foreign direct investment in Bangladesh rose only 5.11 percent in fiscal 2017-18 from a year earlier -- the progress being slow because of inadequate infrastructure...

Commerce Bank Securities and Investment, a stock broker, looks set to face punishment from the stock market regulator for its alleged role in manipulation of...

Trade deficit widened slightly in the first quarter of the fiscal year as imports of major goods, including capital machinery, slowed down ahead of the...

Bangladesh now has around one crore taxpayers and the number should increase to four crore to help the government provide better public services and widen...

The central bank's role as the custodian of the production and distribution of money and credit in the economy has been eroded over time by...

The chairman of the stock market regulator yesterday expressed deep frustration on the book-building method as it has failed to get fair prices for the...

Farmers continue to face interest rate as high as 25 percent for agriculture loans as many banks prefer to disburse them through non-government organisations that...

Honest and diligent taxpayers have urged the government to bring more people under the tax net as they think there were many more still taxable.But...

Commerce Minister Tofail Ahmed yesterday came down hard on the Accord for its intent to sever business ties with 532 garment factories for their alleged...

Landless people are increasingly getting access to the country's land market for farming on the back of landlords' growing engagement in the formal sector and...

Various types of corruption of the anti-graft body could be found if anyone looks into its affairs objectively, said National Board of Revenue (NBR) Chairman...

Finance Minister AMA Muhith has called for more efficiency and transparency to improve corporate governance for sustainable businesses.“More efficiency and transparency is very much important...

Social barriers and a lack of access to finance, the two big obstacles for women to become entrepreneurs, have eased somewhat in the last 8-9...

Some 33 percent life insurance claims in Bangladesh remain unsettled thanks to weak financial health and lack of governance, and in the process erode people's...

Bangladesh's efforts to deepen financial inclusion took a step forward yesterday as Bank Asia launched the country's first-ever complete banking services on the premises of...

Some 21 percent of the stockbrokers do not want to invest the amount they got from the Chinese consortium in the stock market, preferring instead...

Bangladesh's southern coastal belt offers potential for generating power through wind, according to a recently published study by the US Department of Energy's National Renewable...

The potential of small and medium enterprises is yet to be fully utilised in Bangladesh although they have the ability to create numerous jobs and...

Ownership of a number of banks by a few individuals and families has contributed to the deterioration of corporate governance in the banking industry and...

Thales Alenia Space which developed Bangladesh's first geostationary communications satellite, Bangabandhu-1, yesterday handed over its transmission and operation management to Bangladesh.A delegation of the Franco-Italian...

Some 68 percent of the population do not pay tax despite having taxable income, according to a study by the Centre for Policy Dialogue.The independent...

Almost 64 percent of the listed non-bank financial institutions (NBFI) witnessed huge drops in their earnings in the first nine months of the year due...

1 crore commercial SMSs are sent daily Mobile operators hold 50pc market share Mobile operators channel commercial SMSs worth Tk 5 crore a monthOperators charge Tk 0.25...

At a time when the demand in the global market looks bleak, a local jute yarn manufacturer in Bogura's Dupchanchia upazila is bagging increasing orders...

Maintaining a shorter lead time holds the key for Bangladesh's garment exporters as Western customers increasingly become dependent on e-commerce rather than the traditional brick-and-mortar...

Export earnings climbed 30.53 percent year-on-year to $3.71 billion in October compared to the same month a year ago on the back of higher shipment...

China Mobile phone operators yesterday said the industry average for call drops is about 0.8 percent, which is lower than the average of the developed...

Bangladesh should take preparations to face the impacts of the US-China trade war, which worsened in January this year when the two economic powerhouses imposed...

In a shocking revelation, the head of the Federal Investigation Agency’s (FIA) cybercrime wing has said data from "almost all" Pakistani banks was looted in...

Pran-rfl Group has never defaulted on any of its loans even despite borrowing thousands of crores of taka from banks to run its massive operations...