Banks will have to ensure corporate governance and skilled leadership to give a boost to their efforts towards sustainable and green financing, according to a...

‘Going sustainable’ always pays rich dividends! And, a close seem at Egyptian Cotton’s export amounts confirm the above.Following drive on bettering sustainability, 2018-2019 saw the...

Robi earned Tk 1.2 crore in profit in the second quarter of the year driven by data revenue growth, but the takings were far below...

The Dhaka bourse fell yesterday because of a selling pressure of Grameenphone’s share, as the telecom regulator has threatened to revoke the licence of the...

Green Delta Insurance and Brac Bank yesterday rolled out the country’s first-ever livestock insurance for cattle farmers on a pilot basis, a development that can...

Agriculture credit disbursement fell 15.11 percent year-on-year to Tk 977 crore in July as flood-hit farmers from northern districts and haor areas have refrained from...

The government yesterday gave the green light to liquefied natural gas (LNG) purchase from the global spot market as it looks to ensure an uninterrupted...

The US central bank on Tuesday rejected a call from a former Federal Reserve policymaker to counter President Donald Trump’s trade agenda by refusing to...

Prudent borrower selection and credit practices may help banks lower the lending rates, according to a study of Bangladesh Institute of Bank Management (BIBM). The findings...

Seasonal and retail vendors of rawhide at the Kalibari market under Palashbari upazila are set to incur huge losses as the price of the skins...

India’s central bank has announced a $24-billion windfall for the cash-strapped government, giving a much-needed boost to Prime Minister Narendra Modi as he seeks to...

Some 36 multinational and local companies have dodged Value Added Tax (VAT) of Taka 3,390 crore.Large Taxpayers Unit (LTU) of National Board of Revenue (NBR)...

Furniture businesses along Begum Rokeya Sarani in the capital’s Mirpur have been hit hard by severe gridlocks stemming from the ongoing metro rail project. The locality...

Stocks suffered the biggest daily fall in more than a month yesterday amid a confidence crisis among investors and liquidity pressure in the financial sector.DSEX,...

Economist Ahsan H Mansur has recently been elected as the new chairperson of Brac Bank.He is succeeding Sir Fazle Hasan Abed, the founder chairperson of...

An Oklahoma judge in the US on Monday ordered Johnson & Johnson to pay $572.1 million to the state for its part in fueling an...

United Airways was the most sought-after share on the Dhaka Stock Exchange yesterday amid rumours that the private carrier is planning to make a comeback...

An Indian microfinance institution, Manashvi Financiers, has signed a deal with DataSoft Systems Bangladesh Ltd to use a business solution of the latter which is...

Local electronics brand Vision, a concern of Pran RFL Group, launched voice controlled Android television for the Bangladesh market yesterday. The television will be available in...

Most stock brokers have been incurring losses for many years owing to low turnover in the market and a lack of product diversity.This led many...

Seasonal small rawhide traders in Tangail are going through a rough patch as thousands of pieces of rawhides have remained unsold because of poor responses...

The Bangladesh Inland Water Transport Authority Employees’ Pension Fund had parked Tk 17 crore as fixed deposit with the Motijheel branch of Padma Bank on...

The International Monetary Fund (IMF) has projected Bangladesh’s economic growth to be 7.6 percent this fiscal year, which is 0.6 percentage points lower than the...

Only 6 percent of smartphone users in Bangladesh are regularly making purchases from online shops, trailing far behind those in neighbouring India and Pakistan, found...

Dhaka stocks had seen some gains past week as the major indicators of the premier bourse had been turning somewhat positive.The DSEX, the benchmark index...

French President Emmanuel Macron, who will defend a global tax on tech giants at this weekend’s G7 meeting, on Wednesday criticised a  “crazy” system that...

President Donald Trump angrily escalated his trade fight with China on Friday, raising retaliatory tariffs and ordering American companies to consider alternatives to doing business...

Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that the social network gathers from...

Equities fell in Asia on Wednesday as investors took a step back after recent gains, with focus now turning to a key speech by Federal...

Turnover at Dhaka bourse jumped 14.72 percent yesterday riding on the price rise of nine companies which accounted for around 37.26 percent of the total...

Export of leather and leather goods from Bangladesh rebounded strongly after more than two years thanks to higher shipments to non-traditional markets and the US-China...

Inflation rose 10 basis points to 5.62 percent in July as both food and non-food prices moved upwards.In June, inflation was 5.52 percent, down 11...

Getting registered for value added tax (VAT) does not require any visit to revenue offices as it can be done online, stressed the National Board...

Five insurance companies’ stock prices trebled in a space of two months and then came crashing down at a time when leading insurers saw next...

The managing directors of Sonali Bank and Rupali Bank yesterday swapped seats for the next three years, in what can be viewed as a baffling...

After completing MBA from a private university in 2011, Anis Hossain looked for a decent job for around three years. But he did not succeed. Later...

Trade deficit narrowed down to 15 percent last fiscal year thanks to a decline in imports and steady growth of exports, bringing some breathing room...

Ahmed Saifuddin Chowdhury has recently been reappointed managing director and CEO of Bangladesh General Insurance Company Ltd for a third consecutive three-year term.He joined the...

Smartphone brand OPPO has recently been recognised as “Best Phone Manufacturer of 2019” while its Reno 5G smartphone “Best Phone Design for 2019” by WhistleOut...

Fresh fruits and vegetables export bounced back in fiscal 2018-19, ending four straight years of slump, thanks to higher demand and efforts to improve farming...

Air conditioner sellers have posted strong sales amid persistent hot weather throughout the entire period of April-July and rising disposable income of people. Equated monthly instalment...

Foreign donations through the NGO Affairs Bureau soared 19.85 percent year-on-year to Tk 7,929.43 crore in fiscal 2018-19 on the back of rising humanitarian assistance...

Apparel exports have increased and cotton yarn/fabric exports possess slumped! This is exactly what the CITI research of Exports of T&A for July 2019 says.Further...

Loan write-offs almost quadrupled in the first quarter of the year on the back of the central bank’s easing of rules, in a sobering reminder...

The government’s bank borrowing last fiscal year was almost half of what it had planned to, thanks to its lower development expenditure and higher sales...

Every one in four young people in Bangladesh is yet to receive any skills development training although the government has set up training centres for...

Japanese Sojitz Corporation and local Energypac want the Bangladesh government to get involved in their $2-billion plan to build a seaport and energy industrial park...

The central bank is set to come up with a new formula for calculating the cost of funds for banks with a view to bringing...

Informal entry of cattle, mainly from India, has dropped significantly in the face of strict vigil by law enforcement agencies of the neighbouring country along...

At a time when many banks are struggling to arrest default loans stemming from a lack of corporate governance, Pubali Bank can be a role...