S&P revises Bangladesh outlook to negative on rising economic risks
8 hour(s) ago
Business
Loans under court stay jump eightfold in three years
28 July 2026, 00:00 AM
Business
Construction of China industrial zone begins
28 July 2026, 00:00 AM
Economy
Islamic, 4th-gen banks buckle under NPL, liquidity crises
28 July 2026, 00:00 AM
Economy
Four pillars to drive NBR’s VAT target for FY27
28 July 2026, 00:00 AM
Economy
Restructuring the energy sector for sustained progress
28 July 2026, 00:00 AM
Economy
US energy cushion faces new stress test as Middle East risks rise again
28 July 2026, 00:00 AM
Economy
Corporate-focused lending leaves SMEs short of credit
28 July 2026, 00:00 AM
Economy
Biman resumes Dhaka-Narita flights after year-long suspension
28 July 2026, 00:00 AM
Economy
Anis Ahmed elected chairman of Eastern Bank
27 July 2026, 21:43 PM
Organisation News
Grameen Bank’s tax waiver reinstated
The interim government has reinstated a tax exemption for Grameen Bank and offered it for the next five years, meaning until December 2029.
12 October 2024, 18:00 PM
Economic output may expand 29% if more women employed: WB
Bangladesh could increase its output in the manufacturing, service and farming sectors by up to 29 percent simply by bringing more women into the workforce, according to the World Bank.
12 October 2024, 18:00 PM
Puja brings little cheer to sweet shops
Sweets makers in Dhaka have found little reason to cheer during the ongoing Durga Puja festivities as chain stores reported that sales have not grown due to security concerns weighing on the minds of devotees.
12 October 2024, 18:00 PM
Inward remittance through MFS hits 5-year high in August
Bangladesh’s migrant workers sent home Tk 1,101.8 crore in remittances through mobile financial service (MFS) providers in August, marking the highest monthly receipts through digital channels in the past five years.
12 October 2024, 18:00 PM
NCC Bank unveils four new products to support small businesses
NCC Bank has launched four new products to support cottage, micro, small and medium enterprise (CMSME) entrepreneurs, with credit facilities ranging from Tk 1 lakh to Tk 10 crore.
12 October 2024, 18:00 PM
No tax on donations to As-Sunnah Foundation: NBR
The tax-free facility will continue until June 2029
12 October 2024, 13:35 PM
Grameen Bank’s tax exemption reinstated for five years
The National Board of Revenue (NBR) issued a gazette on Thursday, confirming the reinstatement of Grameen Bank
12 October 2024, 11:47 AM
Bangladesh still stays at bottom in business environment
The Washington-based multilateral lender’s Business Ready (B-Ready) report, which was released yesterday, also places Bangladesh in the fourth tier of five stages for public service delivery, indicating weaker performance in this area too
10 October 2024, 18:30 PM
Card transactions hit 27-month low in August
Transactions through debit, credit and prepaid cards dipped to a 27-month low in August this year, owing to a lack of cash in ATM booths amidst security concerns and people curtailing spending for political uncertainties..Overall transactions through the cards in August amounted to Tk 33,9
10 October 2024, 18:23 PM
WB cuts FY25 growth forecast to 4 percent
The World Bank has slashed its forecast for Bangladesh’s economic growth by 1.7 percentage points to 4 percent for FY25 due to “significant uncertainties following recent political turmoil” and “data unavailability”.
10 October 2024, 18:00 PM
Telecom reforms for a smarter future
The shift from “Digital Bangladesh” to “Smart Bangladesh” was like trying to drive a car without an engine — all talk, little substance. While we have made big claims on paper, the reality was far from impressive. While waving the “Digital Bangladesh” flag, we ranked 105 out of 132 in Global Innovation Index 2023 (Source: World Intellectual Property Organization).
10 October 2024, 18:00 PM
Crisis-hit banks repaying depositors for emergencies, basic needs
As crisis-hit lenders have started getting liquidity support from the inter-bank money market, they are now repaying depositors for specific purposes, such as medical emergencies, and in the case of salary disbursement or remittance encashment.
10 October 2024, 18:00 PM
No respite for jute goods makers from export fall
Bangladesh’s exports of jute and jute goods have been falling continuously as many buyers have switched to synthetic and regenerated cotton yarn due to high prices of the golden fibre in the domestic market.
10 October 2024, 18:00 PM
Holidaymakers throng beach towns amid Durga Puja festival
The recent rise in travellers comes as a relief for the tourism industry in Cox's Bazar, Kuakata and Sylhet as these regions were suffering from low turnout in July, August and September this year.
10 October 2024, 15:56 PM
ISPR responds to report on BSEC security
The Inter-Services Public Relations (ISPR) on October 9 protested a report published by various media outlets, including The Daily Star, titled "Armed forces to ensure security of BSEC." The news was published on October 7 in The Daily Star.
10 October 2024, 13:28 PM
Climate action not a burden, but an opportunity for businesses: energy adviser
Bangladesh Apparel Exchange organised the second edition of Bangladesh Climate Action Forum 2024 today
10 October 2024, 12:21 PM
World Bank slashes Bangladesh growth forecast to 4% for FY25
The WB also revised down economic growth estimate on Bangladesh to 5.2 percent for the FY24
10 October 2024, 07:02 AM
Stocks rebound from 3-day fall
Major indices of the stock market in Bangladesh saw a big rebound yesterday, snapping a three-day losing streak thanks to the rise in share values of some prominent companies, most of which are financially sound..The shares of British American Tobacco (BAT) Bangladesh, BRAC Bank, Grameenph
9 October 2024, 18:00 PM
Bangladesh’s rice output crosses 4cr tonnes for the first time
For the first time, Bangladesh has bagged more than 4 crore tonnes of rice in a fiscal year (FY) thanks to increasing yields of the most grown crop, according to official data.
9 October 2024, 18:00 PM
Govt removes BASIC Bank chairman
The interim government yesterday removed Abul Hashem from the post of chairman at BASIC Bank.
9 October 2024, 18:00 PM