Jobs of data administrators are the most in demand in the country's ICT industry as it offers handsome salaries compared to other ICT professions, finds...

The government is taking serious measures to collect value-added tax (VAT) on payments for advertisements published or services taken from digital and social media platforms,...

Inflation rose slightly for the second consecutive month in February due to an increase in food prices in rural areas.In February, inflation stood at 5.47...

The private sector credit growth did not rise as expected in January even after the largely peaceful general elections as banks were reluctant to lend...

Bangladesh ODI captain Mashrafe Bin Mortaza has been named as the brand ambassador of Pran Drinking Water for the third time.He will perform in promotional...

Indian automobile manufacturers are keen to expand their market share in Bangladesh after posting steady sales growth in the last couple of years, thanks to...

Banks do not follow the exchange rate they set every day in a deviation that inflicts additional costs on importers and may fuel inflation.Data from...

Bangladesh's chemical imports have nearly tripled in the past decade, spurred by the rising demand from various industrial sectors catering to domestic and foreign markets.Sector...

Net foreign investment in Dhaka Stock Exchange (DSE) has seen a huge jump in February thanks mainly to the political calm.Foreigners purchased shares worth Tk...

Banglalink's revenue fell 6.46 percent year-on-year to Tk 4,365 crore in 2018, the lowest in four years.In 2018, the operator invested Tk 3,524.16 crore—highest in...

Bangladeshi consumers are initially put off from using energy-efficient products because of high prices but they do not think about the savings in bills, said...

Planning Minister MA Mannan yesterday said Bangladesh needs to improve corporate governance practices if it wants to maintain its high economic growth rate.Bangladesh is one...

Albeit largely unknown at home, many Bangladeshi technology companies have established their footprints in overseas markets, representing the country with their head holding high thanks...

Default loans in 14 banks surged abnormally in 2018 -- in a development that will weaken the country's banking sector further.Experts and bankers attributed the...

Tokyo stocks opened higher on Friday, supported by a cheaper yen as the dollar strengthened on stronger-than-expected US GDP growth data. The benchmark Nikkei 225 index...

Inflation rose in January—for the first time in the last 16 months—due to a hike in food and non-food prices.Inflation stood at 5.42 percent in...

JMI Group, a manufacturer of medical devices, is set to invest Tk 620 crore to build an LPG (liquefied petroleum gas) plant at Sitakunda in...

Parliament yesterday passed the 'Brick Manufacturing and Brick Kiln Establishment (Control) (Amendment) Bill, 2019, aiming to make the existing law on brick manufacturing a more...

Prime Minister Sheikh Hasina yesterday said Bangladeshi expatriates can come up with their investment in the country's 100 economic zones alongside foreign investors."We're setting up...

A parliament that follows the principles of ethics is important for the growth of an ethical banking system, said Junaid Kamal Ahmad, country director of...

Non-resident Bangladeshi (NRB) engineers want to contribute to building a new Bangladesh through the transfer of their experience and world class consultancy services in mega...

Locally developed Brilliant Connect has garnered a lot of attention in the market as the amount of calls made through the communication app rose over...

International Chamber of Commerce's Chairman Paul Polman has praised Bangladesh for the country's major role in the achievement of the Millennium Development Goals (MDGs) globally.He...

The Bank of Japan can abandon its 2 percent inflation target or suspend efforts to achieve it once the job market is tight enough because...

AT A GLANCEClients to settle transactions using e-wallet apps  Tk 20cr to be kept as paid-up capital to open e-money outlet KYC records of e-wallet users and...

Bangladesh is facing economic loss of Taka 30,570 crore or 3.6 billion US dollars in a year due to use of tobacco,  said a study...

Turnover on Dhaka Stock Exchange (DSE) yesterday sank to its lowest in the last one and a half months as institutional investors pulled out from...

The government should form a central financial commission which will remove barriers standing in the way of budget implementation and make the budget participatory, analysts...

Importers' appetite for buyer's credit from overseas sources shot up last year, in an ominous development for the country's foreign currency reserves and the exchange...

Bangladesh will not be able to attain the Sustainable Development Goals (SDGs) without strengthening youth development organisations and creating jobs for the unemployed young people,...

Md Quamrul Islam Chowdhury has recently been appointed as the new managing director and chief executive officer of Mercan-tile Bank.Prior to the appointment, Chowdhury was...

Kamal Mostafa Chowdhury has recently been elected executive committee chairman of Standard Bank.He is a sponsor and founder vice chairman and a director of the...

The entry of the three new banks will weaken the banking sector further by putting additional pressure on supervision, auditing and deposits, said experts yesterday.The...

Grameenphone was yesterday slapped with four restrictions by the telecom regulator as part of the penalties for becoming a Significant Market Power (SMP).The Bangladesh Telecommunication...

Barriers to women's participation in the workforce have eased but there is still a huge wage gap between men and women, said economists yesterday.Women are...

In a departure from previous years, the development budget for the current fiscal year is likely to be revised upwards -- by about 11 percent...

Maize has become an emerging crop in Bangladesh with the highest productivity, said the International Maize and Wheat Improvement Center (CIMMYT) yesterday.The crop is now...

Australia's TIC Group has set up a factory in Bangladesh to produce hanger with an initial investment of $10 million.TIC Manufacturing (Bangladesh Ltd), located in...

The banking sector has bumped up its lending to the construction sector on the back of the government's mega project implementation spree.As of September last...

The Hongkong and Shanghai Banking Corporation (HSBC) in partnership with Visa has launched a debit card for its customers in Bangladesh.Shirin Sharmin Chaudhury, speaker of...

The Power Division of Bangladesh and Siemens of Germany on Friday initialled a joint development agreement for the construction of a 3,600MW LNG power plant...

India's decision to scrap the 'most-favoured nation' status to arch rival Pakistan in the wake of the last week's gruesome terror attack in Jammu and...

Fed up with the poor service quality, Imran Hossain, a buying house executive, could not wait to switch his mobile operator. But what held him...

The tourism and hospitality sector of Bangladesh needs policy support from the government to boost its contribution to the economy, said sector people yesterday.“We are...

Supreme Court has stayed the High Court order that summoned Shafiqul Alam, managing director of Jamuna Bank, to appear before it and explain his inaction...

Bangladesh Hi-Tech Park Authority has signed a memorandum of understanding (MOU) with Founders Space, a US-based startup incubator and accelerator, to support the startups in...

Bangladesh slipped six spots to 140th among 169 countries in a ranking of the world's most connected nations brought out by global logistics company DHL.The...

Despite good relations between Bangladesh and Bhutan, the bilateral trade volume is relatively small and limited to few goods.At the 7th Bhutan-Bangladesh commerce secretary level...

Factories in Chattogram, which have long been operating at below capacity because of inadequate gas supplies, are now breathing a sigh of relief thanks to...

Bangladeshi textile and garment manufacturers received positive response from international retailers at the Texworld exhibition currently taking place in the French capital, in what can...