As tech startups in Bangladesh are deprived of bank loans, the financial sector should team up with venture capital firms to finance such companies, experts said yesterday.

In the digital age, the adoption of electronic records and electronic signatures presents a golden opportunity for Bangladesh to revolutionise its administrative, commercial, and societal landscapes. As the nation seeks to accelerate its development trajectory, leveraging these technologies can unlock a multitude of benefits, ranging from increased efficiency and transparency to enhanced accessibility and security.

The bank’s sponsor director Khalilur Rahman made the new chairman

Persistent inflation, a snowballing debt burden and slow economic growth are the three challenges to Bangladesh, according to Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD)

In the January-March period of the current year, garment shipments to American markets declined by 17.68 percent to $1.75 billion, according to data from the Office of Textiles and Apparel (OTEXA), a body under the American Commerce Department.

In recent years, German automotive manufacturers Audi and BMW, and Chinese giant BYD have launched EVs in Bangladesh.

In July last year, the central bank withdrew the 9 percent lending rate cap and introduced the Six-months Moving Average Rate of Treasury bills (SMART).

To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.

The Bangladesh Telecommunication Regulatory Commission (BTRC) has recently decided to give approval to Walton Digi-Tech Industries to locally manufacture printed circuit boards (PCBs) specifically for handsets.

Tannery workers in Bangladesh should get a minimum monthly wage of Tk 22,776 considering the current market conditions and high inflation in the country, according to the Centre for Policy Dialogue (CPD).

I was in the USA during second half of April and met many in the entrepreneurship, technology, and banking ecosystem. Almost everyone was talking about the expanded role of artificial intelligence (AI) in their day-to-day life. Some were talking of human jobs likely to be taken over by AI and some were of the opinion that even to run AI well, the industry would need well-trained human beings.

ERD secretary sits with US delegation on the sidelines of the ADB annual meeting

Mahtab Uddin Ahmed lodged a lawsuit seeking Tk 227 crore compensation for his 'wrongful dismissal'

Bangladesh’s first onion storage and processing centre has started its operation at Bhaluka of Voradoba in Mymensingh on May 2

Minimum wage of workers in the tannery industry should be Tk 22,776 considering the current market conditions and high inflation, according to a study by CPD

Minimum Export Price would be US$ 550 per tonne

Nearly half of the total remittances in December last year came to Bangladesh through Islamic banking channels, according to the Bangladesh Bank.

Officials of commercial banks said the remittance inflows are not up to the mark considering the record number of manpower exports because the unofficial exchange rate is still high.

The court has served a show-cause notice to the managing director of Padma Bank for applying for bail and release of property of a wilful defaulter without fulfilling the conditions of the law, according to court documents.

In three separate letters, the Chattogram district administration yesterday instructed the Chittagong Port Authority (CPA) to deposit the land lease charges with the Bangladesh Bank and send copies of the respective receipts to its office.