The Bangladesh Bank today relaxed the policy for loan rescheduling of defaulted loans grossly, as the defaulters will now get a maximum of eight years to repay term loans instead of the previous two years.

The index of the Dhaka Stock Exchange (DSE) fell sharply today amid fears of an upcoming economic downturn.

Foreign investors will be increasingly interested in considering Bangladesh as a better place for investment, with the Padma Bridge expanding connectivity both within the country and beyond and improving supply chains, said the Nordic Chamber of Commerce and Industry (NCCI) in Bangladesh. 

Bumper onion yields earlier this year gave farmers in northern parts of Bangladesh reason to cheer but the lack of adequate storage facilities has soured their prospects of profiting from the cash-crop as adverse weather conditions continue to wreak havoc on their produce, according to market players.

Frozen fish exports from Bangladesh rebounded and a hit six-year high in the just concluded fiscal year powered by an increase in the price of black tiger shrimp and freshwater prawn farmed in the Southern coastal region.

At long last a new container terminal is going to be added to the Chattogram port as the authority is going to start trial operation of a newly built Patenga Container Terminal (PCT) this week.   

Luxury hotel businesses in Bangladesh are on the path of recovery to pre-pandemic levels, with local customers playing a vital role in renting rooms, holding a large number of events and seeking food made by their restaurants. 

The cross-border trade between India and Bangladesh through Hili land port in Dinajpur resumed on Saturday after an eight-day closure for Eid-ul-Azha.

Women’s participation in ICT is very low although the sector has immense potential for female employment, experts said on Saturday.

Mutual Trust Bank (MTB) and Trust Axiata Pay (TAP), a mobile financial service of Trust Axiata Digital, recently struck a collaboration agreement under which they launched three services at the former’s head office in Dhaka.

Mobile financial service provider Nagad and Swisscontact - Swiss Foundation for Technical Cooperation, a Zurich-based non-profit organisation, recently signed a memorandum of understanding under the Sarathi, an improving financial health programme.

The share price index for small and medium enterprises (SMEs) listed with the Dhaka Stock Exchange took a massive plunge yesterday as some investors sold large volumes of their stocks in the sector, according to market analysts.

Bangladesh Bank yesterday withdrew the interest rate ceiling on non-resident foreign currency deposits in order to increase supply of the US dollar and arrest the ongoing volatility in the foreign exchange market. 

The mutual fund sector should perform better as it has failed to play the expected role in developing a strong stock market in Bangladesh, stock market analysts said today.

The government today reduced the retail price of bottled soybean oil by Tk 14 to Tk 185 a litre, down by 7.03 per cent from the Tk 199 per litre thanks to its declining global prices.

Stocks in Bangladesh dropped in a straight four days after the Eid ul azha as investors are shaky to pour money amid the challenging economic situation.

A delegation of the International Monetary Fund (IMF) wanted to know how prepared Bangladesh is for the country’s graduation to a developing nation in 2026.

If media reports are followed closely, it can then be concluded that our banking industry is battling a persisting malady: capital shortfall.     

Farmers in northern Bangladesh who prepared large cattle for sale during the recent Eid-ul-Azha have been left disgruntled as they registered unexpectedly poor profits even though a higher number of animals were bought for sacrifice this year, according to traders and livestock officials.

The global demand for furniture “made in Bangladesh” has risen considerably thanks to improvements in product quality, diversification in design, cash incentives, availability of manpower and lower wages in the industry, according to market players.