The establishment of the Insolvency and Bankruptcy Code (IBC) in India was critically acclaimed as a success story since it led to impressive changes in the Indian banking system and set a standard for debt recovery, credit culture, and the entire financial system.

The Bangladesh Sugar Refiners Association (BSRA) alleged that the government is being deprived of Tk 3,000 crore annually due to sugar smuggling.

Build a database of the essentials to ensure smooth supply, it says

Local retailers post up to 65% rise in monthly scooter sales

The midday sun blazes down on SM Sourcing, the world’s highest-rated green garment factory in Gazipur’s Konabari. About 60 workers on one of the factory floors are busy making export-quality frocks as they hurriedly finish their work ahead of lunch. Despite the summer heat outside, only a few ceiling fans are switched on and the factory floor is quite cool.

Despite garment exporters transforming their factories, international buyers are not paying a premium for the products they source from the eco-friendly factories

Currently, China is Bangladesh’s single largest trading partner, with the bilateral trade amounting to $24 billion.

The key index of Dhaka Stock Exchange (DSE) bounced back yesterday after suffering a major decline on the preceding day.

Last year, MNCs paid Tk 5,060 crore as dividends, representing 72 percent of the total earnings while in 2022, they gave out Tk 6,346 crore in dividends, which accounted for 95 percent of the profits.

At the end of December 2023, Bangladesh’s banking sector had Tk 145,600 crore as NPLs -- 9 percent of the total outstanding loans.

Although foreign aid commitments made to Bangladesh by global lenders surged more than 300 percent year-on-year in the first eight months of the current fiscal year of 2023-24, disbursement has remained almost flat.

After Padma Bank, ICB Islamic Bank appears to be the next in line to be absorbed by a stronger bank under the central bank’s roadmap to clean up the banking sector and bring in corporate governance.

Customers spent Tk 2,678 crore in Jan this year, up from Tk 2,674 crore in Dec 2023

There are over 4,000 orchards dotting the district

The central bank said in quarterly review on money and exchange rate

Around 1,000 workers of Gulshan Spinning Mill in gazipur's Sreepur upazila blocked Dhaka-Mymensingh highway for over two and a half hours demanding an increase in salary

It hit $19.45 billion on March 27, down from $19.98 billion on March 20

Navana Pharmaceuticals has received approval from the Bangladesh Securities and Exchange Commission (BSEC) to issue a partial convertible bond worth Tk 150 crore

The government can generate additional revenue of Tk 30,000 crore in the next fiscal year of 2024-25 if it reduces existing tax exemptions for various sectors, according to a noted economist.

Bangladesh’s stock market has been going through a bear run for the last two months despite petering out of election-linked uncertainty, signaling that the worries about the macroeconomic challenges are far from over.