The circular economy has quickly become one of the most popular buzzwords in business literature with many reputed publications claiming it to be the solution to the inherent conflict that exists between the profit incentive of businesses, the society businesses operate in and the external costs they impose on society.

The Bangladesh Bank yesterday directed non-bank financial institutions (NBFIs) to preserve all documents, either physically or digitally, related to loans, leases or investments until the repayment is complete.

The Bangladesh Bank yesterday raised its key interest rate for the first time in a decade and devalued the local currency for the seventh time this year against the dollar as part of its moves to tackle inflationary forces and restore stability in the foreign exchange market.  

There is bad news for consumers of imported luxury items: they will get dearer thanks to the tax measures the National Board of Revenue is preparing for the new fiscal year that begins on July 1.

The monthly internet usage of mobile subscribers has more than doubled ever since the coronavirus pandemic began as more people are being pushed online for work and entertainment purposes.

Stocks in Bangladesh soared for a second consecutive trading day yesterday as general investors’ confidence grew on a regulatory step aimed at stopping the free-fall of the index. 

A month-long Chattogram International Trade Fair will begin tomorrow in the port city to promote domestic products at home and abroad.

The government should adopt a comprehensive plan to invest in the logistics sector as it would reduce the cost of doing business and attract more foreign investors to the country, experts said yesterday.

Zarin Daruwala, cluster CEO for India and South Asia at Standard Chartered, had recently come on a four-day official visit to Bangladesh meeting regulators, clients and stakeholders.

The Hongkong and Shanghai Banking Corporation in Bangladesh has recently launched an instant, real-time payment collection solution developed with support from the Bangladesh Bank’s National Payments Switch of Bangladesh (NPSB).

Top officials of the government at a workshop today said the government couldn’t provide proper policy support to encash the huge prospect of the country's tourism sector.

The Directorate of National Consumers Right Protection (DNCRP) today fined 64 traders Tk 9.18 lakh across the country for their failure to protect consumers’ rights.

The Bangladesh Bank today depreciated taka by 1.25 per cent to Tk 89 per US dollar hours after banks suggested depreciating the local currency by Tk 2.

Commerce Minister Tipu Munshi today highlighted the investment opportunities in Bangladesh before the representatives of Nordic countries and said this is the high time to invest in the south Asian nation.

Banks today recommended depreciating the local currency by nearly Tk 2 against the US dollar as they submitted their proposed interbank exchange rates of the taka to the central bank.

Stocks in Bangladesh soared for the second consecutive day today after the regulator lowered the limit of the circuit breaker to stop the free fall of the index.

The Bangladesh Securities and Exchange Commission (BSEC) will start taking punitive measures from June 1 against entities yet to transfer undistributed cash and stock dividends to a Capital Market Stabilisation Fund (CMSF) despite repeated time extensions to do so. 

Bangladesh may find it difficult to avoid the middle-income trap and become a high-income country if it can’t bring in the second generation of policy reforms and focus on the quality of macroeconomic management, said Mustafizur Rahman, a distinguished fellow at the Centre for Policy Dialogue.

Angura Begum, a 45-year-old farmer who hails from Mithapukur upazila of Rangpur, was seen beaming while selling her vegetables at the local farmers’ centre last Sunday.

Bangladesh’s budget as a percentage of national income has been falling consistently for the last four years although the economy has grown, reflecting its inability to generate enough revenue and spend enough on social sectors.