Dhaka Bank, SME Foundation sign deal

Dhaka Bank recently signed an agreement with SME Foundation at the Pan Pacific Sonargaon Dhaka in the capital to disburse loans to the cottage, micro, small and medium enterprises at a concessional interest rate under the incentive package announced by the government.
3 August 2022

AB Bank gets new chairman

AB Bank Ltd has elected director Khairul Alam Choudhury as the bank’s new chairman with effect from August 2, 2022.
3 August 2022

HSBC to launch Female Entrepreneur Fund today

As part of HSBC’s global commitment to supporting female entrepreneurs, Hongkong and Shanghai Banking Corporation (HSBC) will launch the “Female Entrepreneur Fund (FEF)” in Bangladesh today.
3 August 2022

Govt to buy 3.3cr litres of soya oil from foreign firms

The government plans to purchase 3.30 crore litres of soybean oil from two foreign refiner companies at a cost of Tk 136 per litre so that it can supply the key cooking ingredient to low-income families at subsidised rates.
3 August 2022

BB eases rules on encashment of export proceeds

The Bangladesh Bank yesterday eased rules on the encashment of the value-added portion of repatriated export proceeds in order to bring flexibility to trade transactions. 
3 August 2022

Loan rescheduling tightened slightly

Bangladesh Bank yesterday slightly tightened its loan rescheduling policy for defaulted loans after facing criticism from different corners. 
3 August 2022

Learn online to earn online

Training for online freelancers could have a significantly positive impact on the employment and income of underprivileged women, according to a recent study by the Brac Institute of Governance Development (BIGD).
3 August 2022

Default loan rescheduling policy tightened

The Bangladesh Bank today slightly tightened its loan rescheduling policy of defaulted loans after facing criticism from different corners.
3 August 2022

Realtors go slow in taking up new projects

Real estate companies in Bangladesh are cautiously taking up new projects as the war in Ukraine, the strain on foreign currency reserves, the dollar shortage, runaway inflation and higher construction costs have cemented worries that sales of flats might slow in the coming months.
3 August 2022

Wheat prices may cool off in local market

The price of wheat in Bangladesh may come down as its export from Ukraine has resumed following an agreement with Russia.
3 August 2022

Several NBFI boards to be restructured

The Bangladesh Securities and Exchange Commission (BSEC) is going to reorganise the boards of several non-bank financial institutions (NBFIs) this month in a bid to improve their financial health.
3 August 2022

July delivers more good news as exports rise

Merchandise exports from Bangladesh grew 15 per cent year-on-year to $3.98 billion in July, giving a much-needed breather to the country amid global uncertainty and foreign exchange crisis, official figures showed yesterday.  
3 August 2022

Stocks turnover soars to two-month high

Major indices of the domestic stock market kept rising while turnover of the Dhaka Stock Exchange (DSE) soared to a nearly two-month high yesterday thanks to the increased participation of general investors.
2 August 2022

Action plan unveiled for impact investment

The National Advisory Board (NAB), a committee that guides impact investment in Bangladesh, has unveiled a strategic action plan to attract local and global investment, particularly from the private sector, to help fund sustainable development in the country.
2 August 2022

BB suspends licences of 5 money changers

Bangladesh Bank has suspended the licences of five foreign exchange houses and served show-cause notices to an additional 42 for their alleged involvement in the manipulation of US dollar prices in the kerb market.
2 August 2022

Bangladesh Bank suspends five money changers’ licence

Bangladesh Bank has suspended licences of five foreign exchange houses and served show-cause notices on 42 for their alleged involvement in the manipulation of US dollar prices in the kerb market.
2 August 2022

Stock turnover soars to two-month high

Turnover in the Dhaka bourse soared to nearly a two-month high today thanks to the higher participation of general investors amid an upward trend in the index.
2 August 2022

Export earnings rise 15% to $3.98 billion in July

Export earnings grew by 15 per cent year-on-year to $3.98 billion in July, the first month of the current fiscal year.
2 August 2022

FY22 closed with record $18.7b current account deficit

Bangladesh closed its financial year 2021-22 with an $18.7 billion current account deficit, the highest on record, as export earnings failed to narrow the gap with skyrocketing imports, Bangladesh Bank data released yesterday showed.
2 August 2022

Bangladesh making advances in carpet export

Bangladesh has once again started to export jute-based carpets and earnings from shipment of floor coverings have been rising gradually. 
2 August 2022