HC bars trade, town association groups from Ctg chamber’s polls
23 October 2025, 15:00 PM
Business
Akij Resource plans to launch digital bank
23 October 2025, 13:27 PM
Business
ILO ratification demands labour reforms in Bangladesh
23 October 2025, 12:59 PM
Business
Summit Power’s profit plunges 88% in FY25
23 October 2025, 10:18 AM
Business
Culture of impunity behind repeated industrial disasters: BILS
23 October 2025, 08:05 AM
Business
Govt moves to boost House Building Corporation’s lending capacity
22 October 2025, 18:42 PM
Business
Interbank dollar price crosses Tk 122 after 2.5 months
22 October 2025, 18:36 PM
Business
Auction full ‘golden spectrum’, lower prices
22 October 2025, 18:35 PM
Business
Foreign banks top profits, trail in social spending
22 October 2025, 18:24 PM
Business
Telcos, ISPs asked to boost fire safety measures
22 October 2025, 15:40 PM
Business
Yield on treasury bills climbs to a record 12% as govt borrowing intensifies
Currently, the government is borrowing heavily from commercial banks using the tool as the central bank has suspended injecting fresh money into the economy to avoid fuelling inflation, which has stayed above 9 percent for the past 20 months.
15 May 2024, 01:52 AM
Bar non-compliant banks from giving new loans
Citing BB data, he said there were 16 banks where the NPL ratio exceeded 10 percent and 9 banks where the NPL ratio exceeded 20 percent as of June 2023.
15 May 2024, 01:52 AM
Entrepreneurs spend 6 times more than official fees to obtain licences
At least 20 licences are required to establish a garment factory in Bangladesh, which eats away at time and money, said Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue (CPD).
15 May 2024, 01:52 AM
Handset production sees a slight rise amid bleak outlook
Handset production rose 5.30 percent year-on-year in the first quarter of this year to 60.74 lakh, according to the Bangladesh Telecommunication Regulatory Commission (BTRC).
14 May 2024, 00:59 AM
Pressure mounts as currency outflow intensifies
The deficit in the financial account stood at $9.25 billion in July-March of the current fiscal year, Bangladesh Bank data showed. It was $2.92 billion in the first nine months of the previous fiscal year and $8.46 billion in July-February of 2023-24.
14 May 2024, 00:59 AM
Credit card use up 17% in March
Bangladesh Bank data showed that transactions through credit cards increased to Tk 3,490 crore in March. Of the amount, Tk 2,985 crore was spent within the country while the remaining was spent abroad.
14 May 2024, 00:59 AM
April food prices cross 10%, highest in five months
According to the Bangladesh Bureau of Statistics (BBS), food inflation jumped 35 basis points to 10.22 percent last month from 9.87 percent in March. This was the first time in five months that food inflation hit double digits.
14 May 2024, 00:05 AM
Interest, exchange rates to become stable: BAB
The economy will run at its own pace and the foreign exchange rate and interest rate will hover at a certain range following the kerb market, said Nazrul Islam Mazumder, chairman of the Bangladesh Association of Banks.
14 May 2024, 00:02 AM
NBR may take host of measures to boost collection
The measures include keeping the tax-exempt income threshold unchanged at Tk 3.5 lakh, a move that is expected to increase revenue receipts and bring more people under the tax net.
13 May 2024, 00:47 AM
Over 70% public projects not completed on time
As per the World Bank’s report on corruption in South Asian countries, almost 71 percent of the firms in Bangladesh are expected to give gifts to get an import licence, 42.5 percent to get a construction permit and 42 percent to get government contracts.
13 May 2024, 00:47 AM
Banks go slow in raising interest rates even after BB cedes control
The interest rates on consumer loans, forced loans and overdue loans are likely to go up rapidly in the upcoming months, however.
13 May 2024, 00:47 AM
Use alternative dispute resolution to reduce NPLs
Common ADR processes include mediation, arbitration, and neutral evaluation. These processes are generally confidential, less formal, and less stressful than traditional court proceedings.
13 May 2024, 00:47 AM
Uncertain bets: bad stocks rule the roost
Investors who owned the issues of good companies that provided at least 50 percent dividend in their last financial year incurred losses in the first four months of 2024. On the other hand, people who bet on low-performing companies, which declared less than 15 percent dividends, saw their portfolio inflate.
13 May 2024, 00:47 AM
State banks struggle while foreign lenders make hefty profit. Here’s why
Why is there such a huge discrepancy between multinational banks and state-run lenders despite operating in the same business environment? The reason is a lack of efficiency in making business decisions, business focus, and political bias.
12 May 2024, 00:30 AM
Private sector's short-term foreign debt drops
The debt stood at $11.04 billion in March, $11.07 billion in February and $11.25 billion in January, according to Bangladesh Bank.
12 May 2024, 00:30 AM
Saif Powertec not publishing financial reports for 18 months
As a result, general investors remained in the dark about the financial performance of the company during this period.
12 May 2024, 00:30 AM
No headway in curbing banks’ bad assets
The FID later backtracked following criticism from different quarters, including the International Monetary Fund (IMF), about the formation of a public corporation since state enterprises have usually underperformed in the country.
12 May 2024, 00:30 AM
'We must address the rising wealth, social gap'
The social and economic disparity continues to rise in the country and this has to be addressed before things get out of control, said noted economist Dr Hossain Zillur Rahman today
11 May 2024, 16:15 PM
Govt decision on power, gas connections to hurt investment
On March 21, the cabinet committee on economic affairs took the decision not to provide electricity and gas supply to new factories if they are set up in any other places except in government-designated economic zones or industrial enclaves.
10 May 2024, 00:14 AM
Maiden PMI points to slower business expansion in April
The PMI is a number from 0 to 100, with a reading above 50 indicating expansion and a reading below 50 representing contraction.
10 May 2024, 00:14 AM