Nagad Digital Bank has issued 12.50 crore shares among seven sponsors. Of them, three companies -- Osiris Capital Partners (USA), Blue Haven Ventures (USA) and Finclusion Ventures Pte Ltd (Singapore) -- hold more than 10 percent shares.

In the thriving economy of Bangladesh, expanding the startup ecosystem and the quest for financial bootstrapping methods stands as one of the fundamental gateways to success.

The National Board of Revenue (NBR) has issued a gazette notification stipulating that imports have to be declared well in advance of the previous deadline for notifying of their arrival, all to reduce false declarations and enable quick releases.

The government has framed rules for tour operators and guides in order to give the key cogs of the tourism industry a formal shape and tap the sector’s potential in Bangladesh.

The Trading Corporation of Bangladesh (TCB) will start selling Indian onion at Tk 40 per kilogramme (kg) in Dhaka, Gazipur and Chattogram cities from tomorrow.

Remittance fell 1.23 percent year-on-year to $1.99 billion in March although inflows usually go up on the occasion of Eid, Bangladesh Bank data showed

Taisheng (Bangladesh) Webbing Ltd, a Chinese company, is set to invest $6 million at the Bepza Economic Zone in Chattogram’s Bangabandhu Sheikh Mujib Shilpa Nagar

The profit was Tk 1.73 crore in the identical quarter of October-December in 2022-23. Thus, earnings per share rose to Tk 0.2 from Tk 0.19, according to a filing on the Dhaka Stock Exchange yesterday. 

The reserves stood at $19.45 billion on March 27 whereas it was more than $41 billion two years ago.

The decision comes as the SMART crossed the double-digit mark and stood at 10.55 percent at the end of March, reflecting the tighter liquidity situation in the financial sector of Bangladesh.

CBDCs are a form of digital currency regulated by a country's central bank. They are similar to cryptocurrencies, but their value is fixed by the central bank.

About 36 percent of the CEOs are expecting the economic growth rate to improve, compared to 31 percent in a similar survey conducted last year.

He, however, could not say immediately when exactly the commissions will be constituted.

Shares at Dhaka Stock Exchange (DSE) ended higher yesterday on suffering a major decline last week due to a buying spree by bargain hunters on selective shares which account for large amounts in market capitalisation.

The first consignment of Indian onions is expected to arrive in Bangladesh by tonight and the key kitchen item will be sold at the retail level at Tk 40 per kilogramme

The multinational company reported a profit of Tk 82.04 crore in 2023, up from Tk 65.91 crore in the same period the previous year

The proportion of working-age people declined to 65.08 percent in 2023 from 66.58 percent in 2021, according to a survey of the Bangladesh Bureau of Statistics (BBS). A year before, the proportion was 65.67 percent.

The newly drafted telecom law and broadband policy ignored the broadband internet sector, said the top leader of the last mile cable operators, demanding more attention to the sector which caters to six crore customers.

Bangladesh needs to connect with neighbouring countries for sustainability, which could be achieved through tripartite cooperation, the analyst also said.

In 2021, some 2.25 percent of the population used SHSs. The number declined to 1.81 percent in 2023, according to a recent survey report of the Bangladesh Bureau of Statistics (BBS).