Per capita income in Bangladesh rose by 10 per cent year-on-year to $2,227 in the just-concluded fiscal year, according to data of Bangladesh Bureau of Statistics (BBS).

Any banker with 10 years of work experience can now be appointed or promoted as chief financial officer (CFO) at any bank or financial institution.

Bangladesh’s stock market continued to rise for the last six consecutive trading days thanks to increased participation of investors.

Global tech giant Google has paid Tk 2.30 crore as value-added tax (VAT) directly to the National Board of Revenue.

Consumers are paying more for edible oil as prices have risen in the international market due to increased shipping fare and reduced supply. Retailers say soybean oil prices in Bangladesh have gone up by up to 6 per cent, or Tk 5 to Tk 10, per litre last month.

With the financial sector being weighed down by huge excess liquidity, banks have cut the interest rates on deposits at a faster pace than on loans, penalising savers and, to some extent, small borrowers.

A total of nine private banks have joined Brac to provide cash support and healthcare services across Bangladesh during the pandemic’s new wave. 

Mutual Trust Bank (MTB) has recently been recognised at an Asian Banking and Finance Awards 2021 for contributions in “Core Banking System Initiative of the Year–Bangladesh” and “Banking for Women Initiative of the Year–Bangladesh”. 

Steelmakers must take urgent action to produce less carbon in order to meet the Paris Agreement on climate change, investors with $ 55 trillion in assets said Wednesday.

The developing countries of the world started taking various activities for economic development in the sixties. After five decades, different countries have reached different stages of development.

Menazul Islam, a seasonal rawhide trader from Matikata Mor area of ​​Chilmari upazila in Kurigram, is in dire straits after taking a Tk 2 lakh loan for his business in hopes of turning a profit.

The government is going to import 50,000 tonnes of rice from India at Tk 32 per kilogramme, which is 32 per cent below the wholesale prices of coarse grain in the local markets of Dhaka.

With the advancements being made in agriculture, the biggest challenge now is marketing the produce, said Agriculture Minister Muhammad Abdur Razzaque yesterday.

The cost of funds for women entrepreneurs has declined as the Bangladesh Bank yesterday said they would be able to borrow at a 5 per cent interest rate under one of its refinance schemes.

Bangladesh is on the cusp of an industrial revolution as incomes rise and technology plays an ever-increasing role in the economy, according to HSBC.

Local garment makers today urged the Indian authorities to take steps to remove barriers to trade through Bangaon-Benapole ports in order to get faster delivery of imported raw materials to make apparels for export markets.

The country’s robust economic growth has not been reflected in the capital market, said Ahmad Kaikaus, the principal secretary of the prime minister.

Finance Minister AHM Mustafa Kamal has criticised the Centre for Policy Dialogue’s recommendation to increase government monitoring on inbound remittances worth over $5,000.

A recent unusual price hike of the Beacon Pharmaceuticals stock prompted the company to inform investors on July 28 that it had no undisclosed information that could have instigated the rise.

Stocks ended higher yesterday riding on increased demand for banking stocks, with the benchmark index DSEX of the Dhaka Stock Exchange hitting the 6,500-point mark for the first time.