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
Bank branches, booths, hotels, and gift shops are now formally allowed to apply to the central bank for a limited money changer licence by paying a Tk 50,000 fee..In detailed guidelines on the matter issued yesterday, the central bank stated that it has permitted certain entities to operat
Local banks can now lend up to 60% of project cost to foreign firms
The Anti-Corruption Commission (ACC) has initiated another formal inquiry into allegations of corruption and irregularities, including illegal amassing of wealth, abuse of authority, and favouritism, against five more senior officials of the National Board of Revenue (NBR).
Eleven more banks that were hit by irregularities and scams during the Awami League government’s tenure are set to undergo an asset quality review (AQR) by global audit firms.
NBR officials’ work abstention hampering export, import activities, they say
Energy Adviser Fouzul Kabir Khan will head the panel
The lowest price payable for a broadband internet connection needs to be Tk 800, not Tk 400 as per a policy drafted recently, said service providers, offering to reciprocate by raising the minimum speed to 50 Mbps..The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided t
Finance ministry sits with different banks to find ways to boost investment in stock market
The interim government has finally scrapped the controversial provision allowing the legalisation of undisclosed income through the purchase of apartments and land in the upcoming fiscal year.
The business process outsourcing (BPO) industry in Bangladesh, once known solely for voice-based customer service and back-office support, is cautiously but steadily embracing artificial intelligence (AI) to stay relevant in an evolving global market...This shift was evident at the r
