Bajus members demand dissolution of existing board

They want an administrator for the jewellers’ association
28 August 2024

Reform Bangladesh Competition Commission immediately, says Bangladesh Intellectual Property Forum

The forum sent a letter to the chief adviser of the interim government and the commerce ministry
28 August 2024

UCB, Global Islami, Union get new boards of directors

The central bank issued three separate letters to the banks
27 August 2024

Could lower policy rate if inflation is reduced: BB governor

Ahsan H Mansur says in a meeting with a delegation of the Dhaka Chamber
27 August 2024

Stocks fall after rising for two days

However, the turnover saw a 34% jump from the previous day
27 August 2024

Islamic banking sees steady growth

Islamic banking in Bangladesh continued its steady growth trajectory as of May this year, driven by consistent increases in deposits, investments and remittances..According to the Islamic Banking and Finance Statistics (IBFS) report by the Bangladesh Bank for that month, several key indica
26 August 2024

Bank accounts of 4 firms linked with S Alam’s personal secretary frozen

The BFIU found Tk 99.7 crore at the accounts of four companies of Md Akiz Uddin, also a former deputy managing director of Islami Bank Bangladesh
26 August 2024

75% telecom towers in Feni still non-functional: BTRC

Some 1,008 out of 14,551 towers are inactive in 11 districts
26 August 2024

Banking details sought of S Alam, 12 family members, companies

The BFIU also sought information related to their loan accounts with guarantee and loan repayment
26 August 2024

Stocks rise marginally

Stocks in Bangladesh yesterday maintained their upward momentum for a second day consecutively as Khondoker Rashed Maqsood, the new chairman of the Bangladesh Securities and Exchange Commission, made an announcement that bolstered investor confidence..Maqsood said that they will conduct a
25 August 2024

Restructure DSE board: brokers’ association

The DSE Brokers Association of Bangladesh wants appointment of seven new independent directors for the DSE board
25 August 2024

Banks freeze accounts of Padma Bank former chairman Nafeez Sarafat, family members

Bank accounts of their business entities will also remain frozen for the next 30 days
25 August 2024

BB hikes policy rate to tame inflation

Three months ago, the policy rate was hiked for the last time by 50 basis points to 8.5%
25 August 2024

Social Islami Bank gets new board of directors

The board has one director and four independent directors
25 August 2024

Mohammad Hatem, new BKMEA president

Previous president AKM Salim Osman resigned due to health issues
25 August 2024

Panel will include issues beyond its mandate in white paper: Debapriaya

The panel gets 90 days to prepare and submit the paper
25 August 2024

‘Bring back Islami Bank’s misappropriated funds’

Customers of Shariah-based banks yesterday urged the authorities concerned to bring back funds of Islami Bank Bangladesh which have allegedly been misappropriated by S Alam Group and ensure legal steps against the group’s owner Mohammed Saiful Alam and those who abetted him..The customers,
24 August 2024

Stocks rebound after 5-day losses

Stock markets in Bangladesh rebounded yesterday, snapping a five-day losing streak on the back of an appreciation of banking shares..Shares of banks like Islami Bank Bangladesh, BRAC Bank, City Bank, Pubali Bank and National Bank drew investors the most along with the shares of BAT Banglad
22 August 2024

ICT Division asks UNDP to probe its appointments at a2i

The ICT Division has urged the UNDP to conduct a thorough investigation into the allegations brought against certain consultants who were appointed for its Aspire to Innovate (a2i) programme by UNDP Bangladesh..According to a statement issued by the ICT Division, this demand was placed thr
21 August 2024

REHAB wants cancellation of Detailed Area Plan for 2022-2035

The association recommended approving building designs following the Dhaka Metropolitan Building Construction Rules-2008 and Master Plan of DAP 2010
21 August 2024