Bangladesh Bank (BB) has lowered the target for private sector credit growth in its latest monetary policy, citing a lack of appetite arising from political uncertainties.
The central bank should adopt a more supportive stance, the chamber says
Bata Shoe, one of Bangladesh’s leading footwear manufacturers, reported a loss of approximately Tk 10 crore for the April-June quarter of the current year, as sales declined sharply following the widespread disruption and damage to several of its retail outlets, the company has said..The l
The deals have the potential to generate 59,408 jobs
The telecom operator made Tk 257 crore profit in three months
Dhaka Chamber, Sanem jointly organise discussion on industrial sector’s energy efficiency
Bangladesh delegation met over 100 potential investors during its visit to 2 Chinese cities last week
In a first for the country, ACI Seed has developed a new variety of aromatic rice suitable for cultivation in the Boro season..The seed-focused business unit of ACI PLC has also developed a short-duration, high-yielding Boro rice variety...ACI received approval for the inbred v
The proportion of female agents in Bangladesh’s agent banking sector stood at just 9.15 percent as of March this year—well below the Bangladesh Bank's (BB) mandate that women should comprise 50 percent of total agents...The data were revealed in the central bank’s latest Agent Bankin
Customs House, Chattogram, the country’s highest revenue-generating customs station for more than three decades, collected Tk 75,432 crore in the just-ended fiscal year (FY) 2024-25, according to provisional estimates..This marks a 9.71 percent increase from the previous year’s collection.
The Bangladesh Sustainable and Renewable Energy Association yesterday urged the interim government to reconsider its cancellation of 31 letters of intent that the past regime had signed with potential investors in solar power projects without adopting any tender process...A letter of
Deposit and investment growth in the country’s Islamic banks fell to a four-year low in the first quarter of 2025, apparently driven by rising public concerns over the financial stability and governance practices of the commercial lenders.
Textile millers have demanded the withdrawal of the 2 percent advance income tax (AIT) on cotton imports within a week, warning of possible factory closures otherwise..Speaking at a press conference organised by the Bangladesh Textile Mills Association (BTMA) at the Gulshan Club in Dhaka y
But 25% of the interest income must go to the Investors’ Protection Fund, says a July 3 gazette
The national semiconductor taskforce has charted a roadmap to unlock the country’s potential in semiconductors, focusing on three priority areas — skills development, business environment and policy support, and global linkages...As per the roadmap, the plan includes training program
Local cosmetics makers have warned that the industry faces an uncertain future unless stricter controls are introduced to stop smuggling and misdeclared imports.
The finance ministry yesterday sent four top officials of the National Board of Revenue (NBR) into retirement on ‘public interest’.
