The government may increase its allocation for incentive expenses for remittance in the next fiscal year as it looks to retain the surge of the flow of the cheapest source of foreign currencies for Bangladesh.

Electric vehicle maker Tesla, facing scrutiny in China over safety and customer service complaints, is boosting its engagement with mainland regulators and beefing up its government relations team, industry sources said.

Mobile financial services have gained immense popularity in Bangladesh, particularly among lower-income groups, but the charge to withdraw funds has remained almost unchanged since the inception of the digital platform in 2011.

The Hongkong and Shanghai Banking Corporation (HSBC) and Unilever Bangladesh this month are said to have conducted their first transaction using an electronic supply chain finance platform of the lender.

Jamuna Bank yesterday witnessed the appointment of a new chairman of its board of directors.

Hong Kong’s economy jumped back into growth in the first quarter of the year, official figures showed Monday, ending the city’s most pronounced period of recession in its modern history.

The US Federal Reserve has signalled it will tolerate faster inflation for a time to cement the post-pandemic recovery and boost employment, but the side effect is likely to be a faster rise in commodity prices.

Euro zone factory activity growth surged to a record high in April, boosted by burgeoning demand and driving a rise in hiring, although supply constraints led to an unprecedented rise in unfulfilled orders, a survey showed.

Humanity currently faces a three-pronged crisis -- the loss of life, a slide in income, and a dwindling economy -- due to the ongoing coronavirus pandemic that began in December 2019.

A leading Indian industry body urged authorities to take the “strongest national steps” and to curtail economic activity to save lives on Sunday as the country battles surging coronavirus cases that have overwhelmed the healthcare system.

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of official development assistance in 2020.

The Bangladesh Securities and Exchange Commission (BSEC) will appoint a special auditor for Fareast Finance and Investments to investigate the company’s financial situation.

The country's foreign exchange reserves today hit a new record of $45.1 billion thanks to the upward trend of remittance and lower import payments.

Business confidence in Bangladesh plunged to 41.39 points for the April to June quarter, the lowest level in a year, as an alarming surge in coronavirus infections has deepened uncertainty and threatened the economic recovery, according to a new survey.

Vaccine imports from India contributed to 40 per cent higher profits for Beximco Pharmaceuticals in the past nine months.

Remittance inflow surpassed the $20-billion mark in the first 10 months of this fiscal year riding on the relentless efforts of migrant workers to send their hard-earned money home through banking channels.

Earnings from merchandise exports surged as much as six times year-on-year to $3.13 billion in April thanks to a rebound in apparel shipment buoyed by the reopening of the economies in the US and Europe.

A Rouf Chowdhury has recently been reelected chairman of Bank Asia at the 453rd meeting of its Board of Directors.

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of the Official Development Assistance in 2020. Since the Covid-19 pandemic started more than a year ago, there has been a lot of talks and anticipation about Japanese businesses moving base to Bangladesh.

Stock subscriptions for the country’s first-ever small and medium enterprise (SME) to enter the stock market would run between May 16 and 20.