The members of the Real Estate and Housing Association of Bangladesh (REHAB) have not been able to sign any new agreements with land owners to launch a new project since the government unveiled the new Detailed Area Plan (DAP) four months ago.

Islami Commercial Insurance Company Limited’s profit rose more than 11 per cent year-on-year in the July-September quarter of the current financial year.   

The Bangladesh Bank yesterday relaxed its already flexible loan repayment policy, saying the real income of borrowers has fallen due to the severe impacts of the prolonged Russia-Ukraine war. 

The reopening of Mogalhat, a decommissioned land port on the Bangladesh-India border in Lalmonirhat, has been stalled for a long time now even though resuming trade and immigration activities would be of great benefit to local businesspeople, according to officials.

The export of tea has slightly increased in recent times apparently for quality enhancements, focus on retail packs and production being higher than domestic consumption. 

The Bangladeshi startup ecosystem has seen remarkable growth in the past few years with approximately 1,200 active startups across sectors, including fintech, logistics, healthcare, tourism, agriculture and education. In fact, startups like ShopUp, bKash, Pathao, Chaldal, Maya, Shajgoj, and iFarmer have innovated new products and processes to transform the market and have attracted millions of dollars in foreign investments for Bangladesh along with creating thousands of new jobs.

The Institute of Chartered Secretaries of Bangladesh (ICSB) has awarded 37 companies for their outstanding corporate governance practices as well as transparency and accountability in overall management.

Elon Musk’s team has reached out to investors to raise new funds for his struggling social media platform Twitter, one of the investors said.

Mobile financial service provider bKash and Premier Bank recently signed an agreement on integrated transaction service to facilitate two-way fund transfer for the customers without any cost.

A total of 124 digital media campaigns were yesterday recognised at the 6th Digital Marketing Award for being the best marketing and brand communication programmes in the past year.

The volume of non-performing loans (NPLs) has increased by more than three times in the last 10 years, according to a report of the Centre for Policy Dialogue (CPD) yesterday. 

High inflation is directly threatening the food security of workers of at least 14 industrial sectors earning a minimum wage, said the Centre for Policy Dialogue (CPD) yesterday.

The total volume of non-performing loans (NPLs) has increased by more than three times in the last 10 years since 2012, according to a report of the Centre for Policy Dialogue (CPD) revealed today.

Federal Reserve policymakers may need to lift US borrowing costs above the peak 5.1 per cent they penciled in just this week, and keep them there perhaps into 2024 to squeeze high inflation out of the economy, three of them signaled on Friday.

The government has retreated from its decision to develop a portion of Bangabandhu Hi-Tech City in Gazipur’s Kaliakoir on a public-private partnership (PPP) model due to lukewarm response from developers. 

Transactions through mobile financial services (MFS) rebounded in October following a few months of decline thanks to a rise in government disbursements, cash-out and utility bill payments.

The finance division has strictly asked ministries and divisions not to demand any additional money beyond the amount allocated this year.

The recovery of loans from small defaulters is higher than those owing large loans, according to the findings of a probe by a parliamentary standing committee.

Mashiur Rahman, economic affairs adviser to Prime Minister Sheikh Hasina, has said that the IMF loan was like a character certificate.

The retail price of palm oil has been reduced by Tk 4 while soybean oil by Tk 5 a litre in the country.