Some 43 percent of Japanese firms said they preferred Harris in light of their corporate strategies and business plans while 8 percent picked Trump

The benchmark index DSEX lost 120 points as of 12.26pm

The company has opened a multi-storey hostel complex, which is exclusive to 18,720 Foxconn women workers, near Chennai of India

Bangladesh imported electricity worth $1 billion from Adani Power in fiscal year 2023-24, which was 9.3 percent of the country’s $11 billion-worth imports from India that year, according to a media report..That means, Bangladesh’s imports of electricity from India have practically doubled

We have been talking about banking sector reforms since long as our banking sector is plagued with insider lending, bad loans, low capitalisation and risk coverage, weak governance, sub-optimal automation, a lack of expert manpower and non-availability of better products to serve the emerging clients and cater their shifting demands.

Finance Adviser Salehuddin Ahmed has vowed to mete out exemplary punishment to big loan defaulters as the interim government scrambles to fix the ailing banking sector of Bangladesh.

In a change of heart, economist and public policy analyst M Masrur Reaz has decided against joining the Bangladesh Securities and Exchange Commission (BSEC) as its chairman.

Wage growth in Bangladesh fell slightly last month after climbing for 30 months since January 2022, according to official data.

The Bangladesh Bank may increase the policy rate for both local and foreign currencies in a bid to reduce inflation and increase international reserves.

A senior central bank official said security concerns have been gradually easing, which is why the withdrawal limit was relaxed.

Going against the tide, Bangladesh kept internet services suspended for quite some days, which has dealt a heavy blow to public life, industries and service sectors

By bringing down a despotic leviathan, the anti-discrimination student movement has earned the moral authority to be spokespersons for the whole nation

Directors of eight private banks borrowed heavily from each other’s banks in reciprocal lending practices fraught with serious risks. Some banks went one step further and lent thousands of crores to relatives of these banks’ chairmen or directors. 

The Bangladesh Bank Officers’ Welfare Council has urged the interim government to amend the Bangladesh Bank Order 1972 to ensure complete autonomy of the central bank by establishing administrative, operational and financial independence.

Public funds will be used to pay for repairs to Dhaka Metro Rail stations in the capital’s Kazipara and Mirpur-10 areas as the popular mass rapid transit system is uninsured.

Bangladesh’s credit rating may worsen if the political transition faces challenges or leads to policy paralysis and exacerbates fiscal or external stresses, warned American credit rating agency Fitch Ratings yesterday.

Just a day after a mass uprising toppled Sheikh Hasina’s government on August 5, a group of people, introducing themselves as activists of a major political party, visited an outlet of a leading footwear maker in Rangpur and demanded Tk 5 lakh in return for allowing the showroom to operate.

Chattogram-based conglomerate S Alam Group and garment manufacturer Nassa Group were given interest waivers amounting to Tk 2,544 crore bypassing banking rules, in a testament to the outsize influence oligarchs had on the banking sector during the Awami League-led government of the past 15 years.

Salman F Rahman is known for using his influence to get bank loans for Beximco Group by bending rules, but documents seen by this newspaper have revealed how he helped others secure credit, or at least tried to.

The National Board of Revenue (NBR) has asked for bank account details of Chattogram-based businessman Mohammed Saiful Alam and his family members to check if they have been paying their taxes properly.