One in every four households, or 26.13 percent, that rely on agriculture for their income face food insecurity
If the conflict continues until end-March then the unemployment rate will soar to 57 percent, ILO said.
Shares of Robi Axiata Ltd declined 10 percent in the morning session after the regulator lifted the floor price restrictions on the stock
Experts and industry people blame higher inflationary pressure confronting a larger section of the population, especially low-income households, since May 2022, for the slower growth since their purchasing power has eroded significantly.
In its first increase in 17 years, the Bank of Japan said it was lifting its short-term policy rate from -0.1 percent to between zero and 0.1 percent.
Bangladesh’s exports will continue to contribute to its economic growth in the short term although high inflation, a weaker taka, and restrictions on imports will weigh down consumption and private investment, according to a new report
Before the minimum wage was raised to Tk 12,500 in December, thousands of workers took to the streets to press home their demand for a minimum salary between Tk 23,000 and Tk 25,000.
The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.
The prime index of Dhaka Stock Exchange (DSE) fell for a seventh consecutive trading day yesterday to close at a 35-month low amidst sparse participation of investors
Plastic product exports from Bangladesh grew 17 percent year-on-year to $162 million in the first eight months of the current fiscal year as the country ensured supply at competitive prices and even discovered new markets despite the global economic downturn.
With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.
It signs deal with representative of Kia Corporation
New guideline on supervision charge issued
The Bangladesh Restaurant Owners' Association (BROA) claims
India’s National Cooperative Export Ltd will purchase 1,650 tonnes at Rs 29 a kg
Planned industrial development remains elusive in Rangpur as construction of a second economic zone in the northern district of Bangladesh has been barred by red tape for 16 years now. Besides, the existing industrial enclave of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in the region has fallen into disrepair, forcing entrepreneurs to search elsewhere to set up shops.
The Swiss government-sponsored rescue of Credit Suisse and US bank salvages in March 2023 doused the immediate fires kindled by a run at little-known US regional lender Silicon Valley Bank
Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project
International Telecommunication Union (ITU) releases ICT Development Index 2023
Cars used to be a top headache for the chair of the Indian salt-to-hotels conglomerate but the latest plan to separate the company's commercial vehicles and its passenger vehicles into two listed entities signals confidence in an important turnaround
Number of tourists visiting jumped to 210,000 in December, it was 91,900 a year earlier
Analysts said the move was aimed at catching up with Chinese competitors who have stolen a march in EVs while Japanese firms have lost ground by focusing more on hybrid vehicles
Garments from Bangladesh have been a key driver behind the surge in export cargo trans-shipment at the Delhi International Airport Limited (DIAL) in the last one year but the development has upset Indian apparel suppliers..On February 7 last year, India allowed DIAL to serve as a cargo tra
Shares of the listed drug maker dropped 1.17 percent yesterday from that on the day before to Tk 877
Pepperoni Ltd, a concern of Fair Group, and TAP, a concern of Trust Bank, recently signed an agreement on payment collection.
The leaders of the Association of Asset Management Companies and Mutual Funds (AAMCMF), led by its president Hasan Imam, had a meeting with State Minister for Commerce Ahasanul Islam Titu at his office in Dhaka last week.
Peyala, a favourite cafe in the capital, has opened its first overseas branch in Singapore
Howlader Maria & Co (HmAC), a chartered accountancy firm in Bangladesh, has opened their office in Banani, Dhaka.
Labaid Cardiac Hospital recently touched the milestone of 12,000 successful heart surgeries.
B2, a fashion house in Bangladesh, recently opened its fifth outlet, located in Mymensingh.
Bangladesh yesterday amended an agreement with the Netherlands on avoidance of double taxation and revenue evasion, according to a press release issued by the finance ministry.
The Saco Watch Company recently launched a showroom at Jamuna Future Park in Dhaka, which will feature watches offered by French brand ‘Bell and Ross’.
The price of potatoes has begun an upward climb in the market
Based on the compilation of media reports on bank scams between 2008 and 2023, CPD said as much as 92 thousand crores of taka have been siphoned out of the banking sector in the last fifteen years
How can Bangladesh avoid the economic crisis to deepen further?
What are WTO’s duty-free benefits?
Why is Bangladesh facing economic problems? Why did the country fail to follow the IMF's loan conditions? What are the remedies?
NCC Bank has signed a cash management solutions agreement with “ekpay”, the leading payment processor in Bangladesh.
Alliance Finance has made a donation to the International Centre for Diarrheal Disease Research, Bangladesh (iccdr,b) Hospital Endowment Fund (HEF) as part of its corporate social responsibility.
Standard Chartered Bangladesh recently signed a memorandum of understanding (MoU) with Apollo Multispeciality Hospitals, Kolkata.
Bank Asia Limited recently signed a participation agreement with Bangladesh Bank under its refinance scheme for a credit guarantee facility to support women entrepreneurs in small enterprises and entrepreneurs in the agro-processing industry.
This standalone infographic shows the basic difference between CDMs and CRMs and illustrates how the number of CRMs is rising in both rural and urban areas of Bangladesh.
Banks in Bangladesh witnessed a sharp decline in deposits in rural areas in the last quarter of 2023, the first fall in five years, data from the central bank showed.
Liquidity in the foreign exchange market is increasing due to a rise in the inflow of US dollars, riding on growing remittance, export earnings and currency swap deals.
Textile makers in Bangladesh are witnessing slow sales ahead of Eid-ul-Fitr due to factors including a drop in demand for women's salwar-kameez amidst a high living cost and a lack of interest among the affluent class to donate clothes as Zakat to avoid hassle.
A significant portion of Teletalk's mobile network towers lacks adequate battery backup systems, exacerbating customer frustrations with its unreliable service and contributing to a steady decline in its subscriber base.