Japan's Nippon Steel has formed a joint venture company with Bangladesh's McDonald Steel Building Products Ltd to set up an import substitute plant in the Mirsarai Economic Zone in Chattogram.

Savers have started to flock back to savings instruments with net sales hitting a six-month high in July as bank deposit products continue to yield underwhelming returns.

An Indian tourist is injured when a Thai woman bit his lip during a street fight on Pattaya's Walking Street, police says.

HSBC Bangladesh yesterday recognised six exporters for their leadership in promoting the country and contributing to its sustainable growth.

The central bank is concerned about seven banks, including three state-run lenders, for their deteriorating financial health stemming largely from rising default loans and declining capital and profits.

Lawmaker Nilufer Zafarullah has recently been elected chairman of Midland Bank.

Dutch-Bangla Bank Ltd (DBBL) yesterday awarded scholarships to 3,031 meritorious and unprivileged students who passed SSC and equivalent examinations this year and are now studying at the higher secondary level.

Bad loans at five state-owned banks totalled Tk 56,283 crore as of June, Finance Minister AMA Muhith told parliament yesterday.

Bangladesh's stockmarket is being held back from reaching its potential because of the indiscipline in the banking sector, which has spoiled companies' attitude, said M Khairul Hossain, chairman of the Bangladesh Securities and Exchange Commission (BSEC).

Thirteen banks faced a combined provisioning shortfall of Tk 10,971 crore in the second quarter of 2018 which not only exposed their worsening financial health but also raised the possibility of lending rate hike.

Posts, Telecommunications and Information Technology Minister Mustafa Jabbar yesterday said the government has taken an initiative to adjust prices of data packages of mobile internet services.

InterContinental Dhaka, formerly known as Ruposhi Bangla and Sheraton, is scheduled to open on September 13 after four years of renovations.

From Xi’s China to Duterte’s Philippines, Asian economies have risen as the world’s best countries in terms of GDP.

Local airlines nowadays carry nearly double the number of passengers on domestic routes compared to what was five years ago but the surge hasn't translated into profitability, said executives.

Md Monitur Rahman has recently been appointed as deputy managing director and chief of operations and information technology at IFIC Bank.

Tax authorities plan to audit foreign companies' transactions with their associated entities abroad from next year in order to reduce the scope for illicit fund transfer and tax evasion, said an official yesterday.

The telecom regulator has ordered mobile operators to stop sending commercial and promotional messages to subscribers if they choose not to receive those.

Nearly nine years past its launch, wireless broadband operator Qubee has brought to a close its individual subscriber-centric services.

Lending through agent banking grew 12.32 percent to Tk 137.32 crore in April-June compared to a quarter ago with Bank Asia leading the pack.

Beef exports of the US accounted for 12.9 per cent of total production in 2017. Although India has banned the slaughtering of cows and consumption of beef in many parts of the country, it is among the top exporters of beef in the world.