Banks and non-bank financial institutions can receive 100 per cent liquidity support to lend to cottage, micro, small and medium enterprises under a project funded by the Asian Infrastructure Investment Bank (AIIB).

The private sector in Bangladesh faces one of the most burdensome business environments in the world, the International Finance Corporation (IFC) said in a report yesterday.

Brac Bank recently notified its customers of having cancelled card transactions with 10 e-commerce platforms.

Twelve out of the country’s 22 listed fuel and power companies saw profits increase year-on-year in the first nine months of the ongoing fiscal year thanks to the rebounding of the economy.

Inflation pressures faced by British firms hit record levels this month, and growth in the private sector cooled only slightly from an all-time high in May when coronavirus restrictions were lifted, a survey showed on Wednesday.

The commerce ministry will publish a guideline for e-commerce platforms next month to protect the rights of online shoppers, curb anomalies on payments and refund, and ensure timely delivery.

Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and governance (ESG) risks to their bottom line, the bloc’s banking watchdog said on Wednesday.

The World Bank on Tuesday agreed to boost its spending on climate change to 35 per cent from 28 per cent and to provide annual progress reports to its board after its draft climate change action plan came under fire for lacking a clear implementation strategy.

Euro zone business growth accelerated at its fastest pace in 15 years in June as the easing of lockdown measures unleashed pent-up demand and drove a boom in the dominant services sector but also led to soaring price pressures, a survey found.

The establishment of a 15 per cent levy on private universities intensifies the burden on students while draining funds from their wallets.

Agriculture Minister Muhammad Abdur Razzaque today said that the production of oilseeds in the country has almost doubled in the last 12 years.

Although almost four years have passed after the Bangladesh Bank cyber heist, Finance Minister AHM Mustafa Kamal does not like to make any comment on the report of the investigation committee formed by the government.

Bangladesh’s first ever green sukuk brought in by Beximco gets go-ahead from the stock market regulator today.

Nine Regent Airways pilots have served legal notice on the airline administration, demanding payment of unpaid salary and over other issues.

Although the economy is facing numerous challenges, the government is hopeful about addressing them as it sees the obstacles as opportunities, Finance Minister AHM Mustafa Kamal said today.

The stock market fell for the second consecutive day today as investors continue booking profits.

Bangladesh needs to embark on a new round of reforms to strengthen and modernise the private sector in a bid to unleash the country’s potential to drive diversified, export-led growth and create jobs, according to a new World Bank Group report.

Brussels policymakers, about to unveil the world’s first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts’ warnings that doing so could expose the EU to legal challenges at the WTO.

The government is likely to keep the opportunity to whiten black money without asking any question on the source of fund in the next fiscal year owing to the lobby from various quarters, said officials of the finance ministry.

Brac Bank has partnered with five new exchange companies to channel wage earners’ remittance through its countrywide network.