Depositors are now being affected as ailing banks are unable to return their money, experts said during a discussion, adding that the central bank should keep crisis-hit banks alive by providing liquidity support, opting to liquidate weak lenders or merging them with sound ones.

Businesses are losing interest in transporting containerised cargo to and from Chattogram port via Pangaon Inland Container Terminal (ICT) on the Buriganga river in the capital’s Keraniganj thanks to its high inland water transport costs, lengthy customs clearance and other obstacles.

The government should increase its engagement with the country’s private sector in making policies and decisions amid ongoing reforms, according to prominent business leaders, who cited major challenges such as high inflation, rising interest rates and slowing demand and investment that are now plaguing private businesses.

Most of the cargo that arrived from Karachi contained industrial raw materials, including soda ash, dolomite, limestone, chemicals, onion, fabrics and potatoes

Finance Adviser Prof Dr Salehuddin Ahmed has said that the country is not in a financial crisis, but there are some political and economic challenges due to the internal and external factors

The accounts will remain frozen for 30 days in the first phase

Include trade unions, workers in the policy-forming process, they said

Bangladesh to utilise the fund to speed up reforms, stabilise reserves

Orion Pharma and Orion Infusion, two listed concerns Orion Group, posted contrasting financial results for the fiscal year that ended on June 30, 2024.

United Power Generation and Distribution Company Ltd (UPGDCL) posted a massive rise in profit in the first quarter, driven by higher tariffs and stable forex rates.

The Trump Administration’s imposition of high tariffs on goods made in China may help to reduce the price of soybean seeds and edible oil in Bangladesh, traders and importers said..China’s retaliatory tariffs may also discourage Chinese importers from buying US goods, they added. .If

The Bangladesh Trade and Tariff Commission (BTTC) has recommended reducing import duties and taxes on dates to encourage increased imports and keep prices of the fruit stable during Ramadan, which is scheduled to start by the end of February.

Credit card transactions within Bangladesh in September rose 14.42 percent to Tk 2,668 crore compared to that in August.

An inability to open letters of credit (LCs) since the political changeover on August 5 has resulted in the closure of at least seven enterprises owned by the S Alam Group, including its sugar and edible oil refineries and steel factory.

The interim government is going to curtail its expenditure focusing on the budget for 2024-25 in order to keep fiscal pressure within its control, contain inflation and prevent foreign currency reserves from falling further.

When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.

In the viral Millennial Job Interview, young applicant Amy brings an unconventional view of professionalism that confuses her interviewer. Listing Snapchat and Instagram as her “tech skills”, she dismisses traditional tools like Excel, labelling Facebook “for old people.”

Barapukuria Coal Mining Company Limited (BCMCL) is at risk of being forced to halt production as its storage yard is currently overloaded.

Sales of Square Pharmaceuticals, the largest drug producer in Bangladesh, dropped slightly to Tk 1,774 crore in the July-September period of the current fiscal, down 0.36 percent year-on-year, amid the recent political changeover..This is the first time the drugmaker has seen its sales fal

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