Stocks returned to the black after a tendency towards profit booking prevailed for two days which buoyed investors into continuing their investments.

With disruptive innovations across the financial sector, new entrants and multiple options for customers, many might think that traditional banking has a bleak future.

Bangladesh Bank yesterday ordered banks to run operations on a limited scale until the ongoing restrictions on movement end on May 5.

The government will set up a 15 megawatt heavy fuel oil-based power plant in Noakhali’s Hatia upazila.

Finance Minister AHM Mustafa Kamal apparently has no idea about the Federation of Bangladesh Chambers of Commerce and Industry’s (FBCCI) plans to set up a commercial bank.

The central bank yesterday formed a committee to examine its latest ICT infrastructure’s debacle that had halted the inter-bank cheque transactions and electronic fund transfers (EFT) more than for a week.

The domestic plastic pipe industry is growing at around 20 per cent a year thanks to its rising demand in the ongoing government development projects and modern water supply, sewerage and irrigation systems.

Euro area bond yields tracked Treasury yields higher on Wednesday, ahead of the close of the US Federal Reserve’s policy meeting later in the session.

The government has floated an international tender to lease out 25 state-run jute mills for a period of five to 20 years even though industrialists seem uninterested on the short-term deals.

The heirs to South Korea’s Samsung group announced their plans to pay more than $10b in death duties Wednesday -- one of the world’s biggest-ever inheritance tax settlements -- including donating Picasso and Monet artworks.

The Asian Development Bank (ADB) has downsized its projection about the Bangladesh’s GDP growth in the current fiscal year of 2020-21, considering the second wave of Covid pandemic and fresh lockdown that restricted economic activities.

The South Bangla Agriculture and Commerce Bank recently witnessed the appointment of a managing director and CEO.

The business community is deprived of an opportunity to choose their leaders through a participatory election as directors of the FBCCI are picked through consensus among hopefuls, who are often backed by the ruling parties.

President Joe Biden will call for reversing his predecessor Donald Trump’s tax cuts for the wealthy to pay for a huge middle class families spending program, senior administration officials said Wednesday.

Bangladesh Bank has asked banks to continue operating on a limited scale until the ongoing restrictions on movement -- to curb Covid-19 transmission -- ends on May 5.

The stock market returned to black today after falling for two days for profit booking tendency of the investors.

Bangladesh Bank has removed AKM Shaheed Reza from the board of Mercantile Bank due to his involvement in a loan scandal.

The Asian Development Bank (ADB) has forecasted that Bangladesh gross domestic product (GDP) would grow at highest 5.8 per cent this fiscal year.

The family of late Samsung Electronics chairman Lee Kun-hee said on Wednesday they will pay more than 12 trillion won ($10.8 billion) in inheritance taxes for his estate and donate his vast private art collection to state curators.

Investment in talent can create a sustainable competitive advantage for organisations and take them to the next level. It also makes society better.