Transactions through mobile financial services (MFS) rebounded in October following a few months of decline thanks to a rise in government disbursements, cash-out and utility bill payments.

The finance division has strictly asked ministries and divisions not to demand any additional money beyond the amount allocated this year.

The recovery of loans from small defaulters is higher than those owing large loans, according to the findings of a probe by a parliamentary standing committee.

Mashiur Rahman, economic affairs adviser to Prime Minister Sheikh Hasina, has said that the IMF loan was like a character certificate.

Data collection for the Household Income and Expenditure Survey (HIES)-2022 is going to be complete within December 31 this year, according to Project Director Mohiuddin Ahmed.

The retail price of palm oil has been reduced by Tk 4 while soybean oil by Tk 5 a litre in the country. 

Dhaka and Chattogram divisions account for more than 80 per cent of the total deposits in the banking system thanks to a large flow of savings from state-run enterprises and higher economic activity.

The Commercial Bank of Ceylon PLC, Commercial Bank of Maldives and bKash signed an agreement to launch a “Bangla eRemit” platform at the former’s head office on Sunday. 

The Dhaka Stock Exchange (DSE) closed the week on a slightly positive note amid choppy trading as some investors showed interest in stocks with lucrative prices during the first three sessions.

South Bangla Agriculture & Commerce (SBAC) Bank has recently appointed a deputy managing director.  

A huge part of the population, especially in rural areas, is still deprived of access to digital services due to their inability to purchase the required devices, according to an economist.

RFL Group opened its second bicycle factory in Rangpur’s Gangachara upazila to meet the growing demand in both local and export markets.

On their way to lunch, the chief financial officer (CFO), the chief human resources officer (CHRO) and their boss stumble on a beaten-up but valuable-looking brass container.

Around 50 per cent of Bangladesh’s manpower are either semi-skilled or unskilled in advanced technologies like geographic information systems, business process outsourcing, artificial intelligence, Internet of Things and robotics, an economist said today.

The gap in access to financial services between men and women dropped to 4 percentage points for the first time in the past decade, according to the Global Findex Database 2021.

RFL Group opened its second bicycle factory in Rangpur’s Gangachara to meeting the growing demand in the local and export markets.

Stocks in Bangladesh fell slightly today stretching the loss to the second straight day.

Stocks in Bangladesh fell for the second straight day today.

The production of some high-value exotic fruits in Bangladesh has increased significantly in the past several years as many farmers have jumped on the bandwagon of growing them commercially since they fetch higher profits. 

What started with lease financing, progressively diversified into term lending, working capital financing, corporate advisory, housing finance, merchant banking, equity financing and finally took the name of today’s non-banking financial institution (NBFI).