The central bank has simplified formalities for the opening non-resident investor’s taka accounts (NITAs).

Any increase in the retail tariffs of electricity will drive up the production cost and lead to a further spiral in inflation, worsening the condition of lower-income groups, said presidents of two chambers today.

Stocks on Dhaka Stock Exchange (DSE) slightly inched down today for a second consecutive trading session.

Of all the money spent behind the 4,500 types of goods imported through the Chattogram port in the first five months of fiscal year 2022-23, more than 51 per cent or Tk 104,600 crore was spent for only 20 products. 

In the post-pandemic, Bangladesh recovered reasonably quickly and was seeing encouraging signs that the economy was well poised to return to the pre-Covid growth path.

Branches of banks in Bangladesh have gone past the 11,000-mark for the first time despite expanding digitalisation in the financial sector, central bank data showed.

The maiden tax amnesty offered by the government to bring back laundered money home has seemed to have brought no result since none secured the facility in the first six months of the current fiscal year.

The financial account of the balance of payments (BoP) turned negative in the first five months of the current fiscal year, highlighting the challenges Bangladesh is facing in protecting its foreign currency reserves from depletion as funds outflows exceeded inflows. 

Basmati kachchi and biryani were food items sought the most from the country’s top food delivery platforms on December 31 during celebrations of New Year’s Eve. 

The price of gold has hit Tk 90,714 per bhori, the highest in the history of Bangladesh, as Bangladesh Jewellers’ Association (Bajus) decided to hike prices of the precious metal by 3 per cent from today. 

The Bangladesh Small and Cottage Industries Corporation (BSCIC) should form a fund with support from Green Climate Fund to enable leather goods manufacturing processes that do not affect the environment, suggested Tofazzel Hossain Miah, principal secretary to the prime minister. 

Bangladesh’s banks are increasingly extending finance for green and sustainable initiatives taken by businesses in an attempt to encourage environment friendly investments and mitigate the effects of climate change. 

NRBC Bank and mobile financial service provider Upay jointly launched a service by which bank account holders are able to transfer funds to any Upay wallet using NRBC Planet.

The government should take proper, visible and fast actions to ensure good governance in the banking sector, said economists yesterday.

Bangladesh’s electrical and electronics manufacturer Walton has received a huge response from visitors and buyers at the Consumer Electronics Show (CES) in Las Vegas in the United States.

Samsung Electronics said Friday it expected its fourth-quarter operating profits to plunge 69 percent to an eight-year low as the global downturn hammers demand for memory chips and smartphones.

According to Canada-based online publication 'Visual Capitalist', Bangladesh has emerged as the 35th largest economy in the world.

She set about producing vermicompost in a desperate effort to support her family in 2017. Today, Tania Parvin has not only succeeded in bringing solvency to the family but also emerged as the top vermicompost producer in Faridpur sadar upazila and a role model for youth.

The government is going to allow commercial cultivation of non-native vannamei species of shrimp, also known as whiteleg shrimp,

The commerce ministry yesterday requested the Bangladesh Bank for keeping a certain quota of the US dollar to facilitate import of six essential commodities to ensure smooth supply of the goods during the Ramadan.