Bangladesh Bank-appointed administrators yesterday took charge of five shariah-based banks slated for merger as part of a resolution process aimed at restoring governance and strengthening accountability in the troubled lenders.

Bangladesh spent a record Tk 134,430 crore ($15.7 billion) on interest payments in FY 2024-25

Rural Bangladeshis who own mobile phones earn significantly more from non-farming activities than those without one, underscoring how digital connectivity is reshaping livelihoods outside agriculture, according to a new study by the Asian Development Bank (ADB).

If you have ever seen a group photograph of professional accountants, you might notice something curious. Everyone looks serious, composed, almost expressionless. It is not that accountants dislike joy. They simply know that smiling in public can lead to someone asking for “just a quick look at my accounts”, which is never quick, never simple and rarely free of emotional pain.

ChatGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually cost more than $1 trillion.

China has booked two cargoes of US wheat following last week’s meeting between the countries’ leaders, traders said on Thursday, the first such purchases since October last year, signalling easing trade tensions between Washington and Beijing.

Bad news for bikers. Fans of the Royal Enfield Hunter 350 will have to wait indefinitely for the updated 2025 version, as IFAD Motors, the authorised distributor and manufacturer of the two-wheeler in Bangladesh, is yet to complete the evaluation of the refreshed design.

Four companies have signed land lease agreements with the Bangladesh Export Processing Zones Authority (Bepza) to invest a total of $111.26 million in the Bepza Economic Zone at Mirsharai in Chattogram..The firms are Tai Ma Shoes (BD) Co Ltd, Bangladesh Songshin Leather Co Ltd, Annray Hold

The central bank governor says about the to-be-merged banks

At least $8 billion in FDI is needed annually to boost GDP growth by one percentage point

The two will jointly work to build a stronger network

Biggest banking shakeup in motion

The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources familiar with the matter told Reuters.

Inconsistent policies are another big reason behind the market not appearing attractive to investors

Foreign denim traders say as fair begins in Dhaka

Non-food prices cross the 9% mark again

The deals are required for retaining preferential trade benefits

Tourism ministry proposes in draft amendment as Bida calls move not justifiable

If you walk into a McDonald’s in Singapore or Hong Kong, you can place your order through digital touchscreens and make payments through the POS machines attached to them.

China and the United States have lowered the temperature in their spiralling trade war, bringing a precarious end to months of back-and-forth measures between the economic and technological powerhouses.