Private sector credit growth sank to a 56-month low of 12.07 percent in April on the back of the ongoing liquidity crunch in the banking...

The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said on Sunday, refusing to...

The government’s interest burden is likely to get heavier in the upcoming fiscal year thanks to its excessive reliance on high-cost national savings certificates to...

Onion prices have gone up in the kitchen markets in the port city after wholesalers jacked up prices in Khatunganj allegedly for a supply shortage.Consumers...

The central bank yesterday injected Tk 2,300 crore into the money market to ease liquidity crunch in the banking sector amid the cash withdrawal spree...

Uber has posted a $1bn (£790m) loss as the ride-hailing firm delivered its first figures since a disappointing flotation earlier this month.The quarterly loss came...

Global rating agency Standard and Poor’s yesterday maintained its long-held BB- rating for Bangladesh, in what can be viewed as a setback of sorts given...

Mitsubishi Corporation and Summit Group yesterday apprised Prime Minister Sheikh Hasina about the progress of the Summit-Mitsubishi and GE’s $3 billion investment in Bangladesh.Jun Nishizawa,...

The internet giants such as Facebook, Google, Youtube and other digital platforms have to complete VAT registration to run business in Bangladesh once the new...

Seeing GBB Power was on a rising streak in the later half of 2017, Motahar Hossain decided to put most of his money in the...

Bangladesh needs to upgrade its airport facilities and relevant infrastructure without further ado to keep up with the country’s fast-growing air traffic brought about by...

Prime Minister Sheikh Hasina yesterday called upon the Japanese business community to explore newer areas for investment in export-oriented sectors of Bangladesh to unlock the...

State banks can keep on expecting to be coddled despite their continued financial irregularities and irresponsible lending practices, with the government looking to inject Tk...

Stock investors have urged the government to widen the tax exemption limit on dividend earnings by four times considering the sluggish market for a long...

Stocks rallied yesterday riding on the renewed confidence of investors who are hopeful that the budget for the next fiscal year would spell out measures...

Additional policy and financial support should be provided to the least developed countries during their development status graduation, as the advancement takes away the benefits...

The government’s subsidy expen-diture is likely to soar 22.28 percent year-on-year to about Tk 45,000 crore next fiscal year as its looks to continue to...

The number of active user accounts in the mobile financial service industry declined 28.34 percent in the last four months because of strengthening of monitoring...

People do not need banks but they need banking, Microsoft founder Bill Gates said 30 years ago. And it appears he was on to something...

Planning Minister MA Mannan yesterday urged the international community to find a permanent solution to the Rohingya crisis.He said the recent influx of more than...

Growing demand by Asia’s rich for independent advisory services and access to a wide variety of investment products is spurring the surge of boutique wealth...

Garment workers can expect to receive their Eid bonus by the end of this month and two-third the salaries for May by June 2 as...

Bangladesh is progressively becoming an important market for the US’s tree nuts, mainly almond, thanks to the country’s rising income and expanding food and beverage...

Mutual Trust Bank has recently become the third Bangladeshi bank to receive the certificate for complying with the payment card industry data security standard (PCI...

The Dhaka Stock Exchange has found irregularities in the initial public offering prospectus of Coppertech Industries Ltd, which has received a nod to raise funds...

The government has all on a sudden stepped up its borrowing from the banking system from this month as its revenue collection fell short of...

Television brands and retailers are expecting good sales in the run up to the ICC Cricket World Cup, which is all set to begin in...

The Dhaka Stock Exchange (DSE) will track down the sponsors of listed companies who sold off their stakes without any prior notice, in one of...

The telecom regulator is yet to appoint auditors to conduct financial and technical inspection of Banglalink and Airtel’s system even though the formal process has...

Nearly 90 percent of the youth population in Bangladesh are employed in the informal sector, depicting the daunting task the country faces in creating formal...

Just two months ago, Biman Bangladesh Airlines shelled out $559,000 (Tk 4.7 crore) for thorough upkeep of a Bombardier Dash-8 Q400 aircraft in the hope...

Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower.Benchmarks in Shanghai and Seoul...

The government has allocated almost one-fourth of the development budget for fiscal 2019-20 to 14 mega projects with a view to accelerating their construction as...

The nine state-owned jute mills in Khulna and Jashore are lagging way behind their production targets amid a shortage of raw materials.Up until May 5,...

US President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in...

The Bangladesh Submarine Cable Company Ltd (BSCCL) has received proposals from two Singapore-based companies -- SingTel and SigMar -- to establish connection for the country’s...

Latifur Rahman has recently been re-elected chairman of the National Housing Finance and Investments for a two-year term.The election took place at the company board’s...

Dhaka stocks tumbled yesterday just after a spike on Sunday due to several rumours floating in the market.DSEX, the benchmark index of the premier bourse,...

Finance Minister AHM Mustafa Kamal yesterday said the government would take all measures to export rice, even if it means compensating for losses exporters might...

The Bangladesh Bank yesterday raised the transaction ceiling for mobile financial service following requests from industry players with a view to promoting the alternate payment...

Stocks on Dhaka Stock Exchange (DSE) surged more than 2 percent yesterday as investors regained confidence following a number of recent policy measures.The DSEX, the...

Six private television channels yesterday entered into agreements with Bangladesh Communication Satellite Company Ltd (BCSCL) to air programmes through the Bangabandhu Satellite–1. The deals were...

Insanity is doing the same thing over and over again and expecting different results, the influential physicist Albert Einstein once said.And this quote comes to...

Apparel exports to the US, Bangladesh’s single largest export destination, jumped 15.57 percent to $1.63 billion in the first three months of the year, which...

Chinese army technician Ren Zhengfei founded Huawei with just $5,000 in seed money, according to company lore, but 32 years later it is at the...

FRANCE welcomed nearly 90 million foreign tourists last year, a new record for the country despite the  “yellow vest” anti-government protests that prompted many visitors...

Bangladesh must develop its capital and bond markets to meet the long-term financing needs of infrastructure projects as bank loans are not viable for mega...

Big business groups are entering the automobile workshop business, tempted by the massive jump in the number of motor vehicles plying the roads in the...

Shariah-based banks’ net profit margin declined to 2.2 percent in 2018 from 3 percent a year earlier at a time when the banking sector’s rose,...

 Finance Minister AHM Mustafa Kamal yesterday divulged that he is at wits’ end on what to do with the lose-making mills under the Bangladesh Jute...