Asian factories, including China’s manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm demand, private surveys showed on Monday, but economic headwinds loom.

China loves to set itself different goals with an array of plans. Its GDP growth target of “around 5 percent” for this year is the most imminent - and is facing headwinds.

The Export Promotion Bureau (EPB) is set to publish export data based on a new calculation after months of a hiatus following the revelation that there were significant discrepancies between its data and that of the central bank in the last fiscal year.

Islami Bank Bangladesh granted huge loans to various entities from its Chattogram branches. But there’s just one problem: thousands of crores were disbursed to firms that exist only on paper.

The revenue administration has abolished the black money whitening provision, a scope that allowed both individuals and companies to legalise their undisclosed income by paying a 15 percent tax and avoid any potential scrutiny.

Fresh vegetable and fruit exporters are apprehending a drop in sales of perishables following a hike in cargo freights, particularly by Biman Bangladesh Airlines, last month..Biman, the state carrier, hiked cargo fares in August anywhere from 56 percent to 150 percent depending on the rout

When asked why he robbed banks, the famous American bank robber, Willie Sutton, famously quipped “because that’s where the money is.” It seems that many of our leading business leaders have adopted a similar mindset over the past fifteen years. Regrettably for our nation, they have become alarmingly adept at robbing banks

Renata PLC, a listed drug maker in Bangladesh, has got approval from the European authority to market a tablet, Cabergoline 0.5 mg, used for the treatment of Hyperprolactinemia and Parkinson's

Gold will be marginally cheaper starting today as the Bangladesh Jewellers' Association (Bajus) decided to cut its prices yesterday

China has warned severe economic retaliation against Japan if it further restricts sales and servicing of chipmaking equipment to Chinese firms, Bloomberg News reported on Monday, citing people familiar with the matter

Asian factories, including China's manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm demand, private surveys showed on Monday, but economic headwinds loom

The Bangladesh Trade and Tariff Commission (BTTC) has urged the government to significantly reduce tariffs on onions, potatoes, and eggs to bring down prices by boosting the supply of these essential items through imports

Indexes of the stock market in Bangladesh maintained their gaining streak for a third consecutive day yesterday as investors made fresh bets on blue-chip and large-cap shares, gaining confidence from an increase in the circuit breaker’s lower limit..The circuit breaker in the share market

The Bangladesh Securities and Exchange Commission (BSEC) appointed seven independent directors at Dhaka Stock Exchange (DSE) yesterday as the previous ones had resigned following the fall of the Sheikh Hasina-led government on August 5..The stock market regulator took the decision by holdi

The DSE Brokers Association of Bangladesh yesterday urged the government to review the demutualisation act, claiming that it has ultimately turned the prime bourse into “an ineffective institution”. 

Following the fall of the Sheikh Hasina-led government on August 5, Bangladesh as a nation finds itself at a critical crossroads. The subsequent political turmoil has left the country’s financial sector in a fragile position, calling for urgent strategic plans and decisive execution of ideas by the interim government. As Bangladesh stands on the brink of graduating from least developed country (LDC) status in 2026, the priorities of the interim government must be clear.

The Bangladesh Economic Zones Authority (Beza) has sought approval from the interim government to terminate an agreement for establishing SBG Economic Zone Ltd inside the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai of Chattogram.

Borrowers of agricultural and cottage, micro, small and medium enterprise sectors in the areas affected by recent floods in the country would get relaxed loan repayment facilities, according to a Bangladesh Bank circular yesterday.

S Alam Group’s control over First Security Islami Bank Ltd (FSIBL) ended yesterday after Bangladesh Bank reconstituted the board of the Shariah-based bank, which was heavily dominated by individuals linked to the Chattogram-based conglomerate. 

Bangladesh’s sugar imports fell sharply in fiscal year 2023-24 as refiners stayed away from placing orders to foreign buyers in the face of an illegal influx of the sweetener through the borders.