Foreign loan disbursement falls

Foreign loan disbursements for development projects in Bangladesh fell nearly 12 percent year-on-year last July, doing little to ease pressure on foreign exchange reserves.
28 August 2024, 18:00 PM

Handset production rises, but uncertainty looms large

Local production of handsets saw a significant increase in the first half of the year, but manufacturers continue to face challenges due to reduced demand for high-end smartphones.
28 August 2024, 18:00 PM

BSEC scraps investor surveillance plan

The Bangladesh Securities and Exchange Commission (BSEC) yesterday scrapped its plan to bring voice calls and internet data of stock market investors under surveillance.
28 August 2024, 18:00 PM

BSEC resets stock circuit breaker’s lower limit to 10%

The Bangladesh Securities and Exchange Commission (BSEC) has decided to reset the lower limit of the circuit breaker mechanism to 10 percent from 3 percent for all publicly traded companies.
28 August 2024, 18:00 PM

Unemployed population rises by 1.4 lakh

The BBS said Bangladesh’s unemployment rate increased to 3.65 percent in the second quarter of 2024 from 3.41 percent in the same period a year prior.
28 August 2024, 16:39 PM

BFIU asks banks to freeze accounts of Salman F Rahman and family 

The Bangladesh Financial Intelligence Unit (BFIU) today directed all banks to freeze accounts belonging to Salman F Rahman, the former adviser on private industry affairs to former Prime Minister Sheikh Hasina, along with those of his wife and son.
28 August 2024, 16:23 PM

Banks asked to freeze accounts of Quader, Sheikh Selim, S Alam secretary

Bangladesh Financial Intelligence Unit (BFIU) today asked banks to freeze the accounts of Obaidul Quader, Awami League general secretary and former road transport and bridges minister, and former lawmaker Sheikh Fazlul Karim Selim and their family members. 
28 August 2024, 16:06 PM

Shakib Al Hasan will no longer be BSEC’s brand ambassador

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation
28 August 2024, 14:35 PM

Bajus members demand dissolution of existing board

They want an administrator for the jewellers’ association
28 August 2024, 14:00 PM

Reform Bangladesh Competition Commission immediately, says Bangladesh Intellectual Property Forum

The forum sent a letter to the chief adviser of the interim government and the commerce ministry
28 August 2024, 13:38 PM

Do not buy S Alam's assets: BB governor

The S Alam Group is trying to sell properties that are not mortgaged to banks
28 August 2024, 09:45 AM

Govt starts process to repatriate laundered money, acquire bank scammers’ asset

The interim government has already contacted various foreign organisations seeking their assistance
28 August 2024, 08:49 AM

Apple eyes bigger slice of India's streaming market with Airtel deal

The move comes as competition tightens in India's $28-billion entertainment market and an $8.5-billion merger of the Indian media assets of Reliance and Walt Disney faces close scrutiny from regulators
28 August 2024, 06:48 AM

Finance adviser urges NBR to reconsider duty structure

Finance and Commerce Adviser Salehuddin Ahmed yesterday asked the National Board of Revenue (NBR) officials to reconsider the duty structure of imported essential commodities in a bid to tackle persistent inflation..The adviser said essential commodities, namely edible oil, sugar, potato a
27 August 2024, 18:00 PM

Germany confirms economy shrank in Q2

The German economy shrank by 0.1 percent in the second quarter, final data confirmed Tuesday, weighed down by sluggish private consumption and a drop in industrial investments.
27 August 2024, 18:00 PM

What investors expect from new BSEC chair

Bangladesh’s stock market has been bearish for the past 14 years, leading to significant losses for many investors, erosion of their confidence and weakening of numerous associated institutions, such as the Investment Corporation of Bangladesh (ICB).
27 August 2024, 18:00 PM

High-tech manufacturing spurs China’s industrial profit growth

China’s industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish domestic demand weighed on the recovery in the world’s second-largest economy.
27 August 2024, 18:00 PM

How S Alam family grabbed multiple banks

Bangladesh Bank permitted Mohammed Saiful Alam and his family to seize multiple banks and funnel enormous sums as loans
27 August 2024, 18:00 PM

BB could lower policy rate if inflation falls

Bangladesh Bank Governor Ahsan H Mansur yesterday said it would be possible to lower the policy rates within about six months if inflationary pressure in the country is reduced to a tolerable level.
27 August 2024, 18:00 PM

Islami Bank to appoint 3 auditors to find out causes of irregularities

Islami Bank Bangladesh will appoint three external auditors to root out the causes of irregularities in its loan approvals, forex dealings and employee recruitment process over the past seven years.
27 August 2024, 18:00 PM