Education curriculum of private universities should be based on the needs of industries so that graduates can fulfil basic requirements, said employers yesterday.

PriyoShop, a business-to-business (B2B) retail marketplace for micro, small and medium enterprises (MSMEs), yesterday announced the completion of a $5 million pre-Series A round of funding.

Many companies are quite serious about communicating wellness-related information to co-workers. They have realised that a healthy workforce is crucial for sustainable productivity and want to become humane institutions.

Foreign loan repayment, which was hovering around $3 billion since fiscal 2012-13, crossed the $4 billion-mark for the first time last fiscal year on the back of high interest payments and short-term loans in the power and energy sector.

For the first time in Bangladesh, the Insurance Development and Regulatory Authority (IDRA) has issued insurance policyholder protection guidelines today to protect the interest of policyholders.

The spike in inflation from 9.41 percent in December to 9.86 percent in January was driven entirely by the rise in non-food inflation.

Eight banks and financial institutions of Bangladesh and the World Bank are going to provide a syndicated credit facility of around Tk 430 crore for the development and expansion of Bay Economic Zone Limited (BEZL).

Eighteen non-life insurance companies spent more in 2022 on management expenses than allowed, leaving a negative impact on their overall business and eroding their capacity to settle claims.

The Bangladesh Bank yesterday further relaxed its loan write-off policy as part of its roadmap to “artificially” reduce the higher volume of bad loans in the banking sector.

The Centre for Policy Dialogue (CPD) yesterday proposed increasing the tax on high-income individuals to 30 percent in fiscal year (FY) 2024-25 as the move would likely reduce income inequality in Bangladesh.

The telecom regulator of Bangladesh recently permitted two more local companies to manufacture and assemble mobile handsets, with the move coming amid a downturn in overall sales and production.

Dhaka Stock Exchange witnessed a 13.96 percent decrease in turnover yesterday from that on the previous day of trade last week.

A roadmap on economic policy changes is vital for the private sector since it can help them predict the future, plan accordingly and avoid shocks that may stem from a sudden shift in government strategies, said economists and entrepreneurs yesterday.

Bangladesh’s gross domestic product grew 5.78 percent in the last financial year, one of the slowest paces of expansion in 13 years, as consumption nosedived, according to the final figures published by the Bangladesh Bureau of Statistics (BBS).

High tariffs on the import of raw materials are a major barrier to the diversification of Bangladesh’s export basket, a noted economist said yesterday.

Listed companies should be categorised based on the quality of their governance instead of their dividends as governance has a long-term impact for investors, said Ahsanur Rahman, CEO of BRAC EPL Stock Brokerage.

Bangladesh Bank has announced a new plan to reduce non-performing loans (NPL) to less than 8 percent by June 2026. The central bank aims to bring down the NPL of state-owned commercial banks to 10 percent and private banks below 5 percent. As we know, many such initiatives have been introduced earlier and they failed to show desired results.

Although the roadmap drawn up to reform the banking industry of Bangladesh may seem attractive on the surface, there are questions regarding its efficacy in ensuring good governance in the scam-hit sector.

Bond licence rules need to be eased for the expansion of businesses as 4,187 bond licences became inactivate over the past 14 years and only 1,558 new ones were issued, according to a new study made public yesterday.

Rancon Motors, the sole distributor of Mercedes-Benz in Bangladesh, has teamed up with Genex Infrastructure to set up electric vehicle (EV) charging stations around the country to provide charging facilities in the future.