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

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.

The Federal Reserve has committed to sustaining stimulus to the US economy until it has recovered from the Covid-19 pandemic, and is expected to remain firm in that stance when it concludes its policy meeting on Wednesday.

Taiwan’s government on Wednesday accused China of waging economic warfare against the Chinese-claimed island’s tech sector by stealing technology and enticing away engineers, as parliament considers strengthening legislation to prevent this.

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

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.

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.

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

Germany raised its growth forecast for 2021 on Tuesday, offering a glimpse of light at the end of the coronavirus pandemic tunnel as vaccinations finally begin to gather pace in Europe’s biggest economy.

Shortly after Britain left the European Union, finance minister Rishi Sunak pledged a series of measures he dubbed “Big Bang 2.0” to ensure the City of London remained one of the world’s top financial centres.

Bangladesh should focus on creating an effective business-friendly environment and improving the ease of doing business in the country, top businesses said in a virtual discussion yesterday.

In order to promote all kinds of local products, Sabera Anwar, a fashion entrepreneur and owner of Panache Hub and Events, has opened up a group on Facebook named “GoDeshi-Made in Bangladesh”.

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

The SME Foundation will disburse Tk 300 crore from a second stimulus package for micro, small and medium enterprises (MSMEs) to help accelerate the country’s economic recovery from Covid-19.