Five Islamic banks yesterday borrowed nearly Tk 4,000 crore from Bangladesh Bank right after a liquidity support arrangement was offered by the central bank to cash-strapped Shariah-based banks. 

Bangladesh is the most ideal place for investment in the world and can become an investment centre for a market of 300 crore people, said Prime Minister Sheikh Hasina yesterday.

The main challenges towards building a “Smart Bangladesh” are formulating proper policies and integrating government and academic entities and service providers, said experts yesterday. 

The external debt of developing economies has more than doubled from a decade ago to $9 trillion in 2021, the World Bank said Tuesday, warning the debt crisis facing these countries has intensified.

Mindshare Bangladesh has won awards for overall achievements in advertising and brand communications since the early 1990s in two categories at the Campaign’s Agency of the Year awards 2022.

Walton has launched a hire purchase and family protection policy along with a one-stop service solution.

Bangladesh is one of the lowest carbon emitters in the world, but still the country is committed to cut carbon emissions by 89.47 million tonnes or 21.85 per cent of carbon dioxide by 2030, FBCCI President Md Jashim Uddin said yesterday.

The Institute of Chartered Accountants of Bangladesh (ICAB) and the Office of the Comptroller and Auditor General (OCAG) of Bangladesh signed a memorandum of understanding (MoU) recently to sharing knowledge by jointly developing and introducing courses and programmes. 

Shahjalal Islami Bank has won first position for the best presented annual report-2021 at the 22nd ICAB National Award recently.

Enam Ahmed Chaudhury has been elected chairman of Impact Foundation Bangladesh in a board meeting on Monday.

Meghna Bank signed an agreement with EkPay, a centralised e-payment system of a2i of the government, in Dhaka recently.

Bangladesh Bank (BB) has again decided to formulate monetary policy twice a year as per the advice of the International Monetary Fund (IMF).

Euro zone inflation may have peaked but will subside so slowly that it could be years before it gets back to the European Central Bank's 2 per cent target, keeping pressure on the ECB to tighten policy well into 2023.

Bangladesh is the globe’s one of the lowest carbon emitters, but still the country is committed to cut carbon emissions by 89.47 million tonnes or 21.85 per cent of carbon dioxide by 2030, FBCCI President Md Jashim Uddin said today.

Turnover on the Dhaka Stock Exchange slipped below Tk 300 crore today reflecting investors’ persisting worry about the direction of the economy.

Kans grass has emerged as a significant source of income for farmers in char areas of Kurigram and Lalmonirhat, where the perennial herb native to the Indian subcontinent grows easily on sandy soil.

Srihatta Economic Zone has become active as a door and window manufacturing company started production in the special area in Moulvibazar’s Sherpur.

Taxation has four main purposes: revenue, redistribution, re-pricing, and representation.

Though inflation continued to undergo a downward trend for a third consecutive month in November, non-food inflation in rural areas entered into double digits last month for the first time in recent times. 

Walton Digi-Tech Industries Ltd, a concern of Walton Group, has launched Bangladesh’s maiden electric bike in the market, jumping on the bandwagon of a global shift towards eco-friendly transportation.