Economy

Economy

Google Pay to launch in Bangladesh next week

Google Pay is set to be launched in Bangladesh by the middle of next week, ushering in a new era of seamless digital transactions for consumers.

20m ago

Dreamliner fleet: Biman begins precautionary inspection

Biman Bangladesh Airlines has initiated a series of precautionary inspections across its entire Boeing Dreamliner fleet to ensure safety and operational integrity.

1h ago

Ten banks hold 71% of total bad loans

Just ten banks, both state-owned and private, account for 71 percent of all non-performing loans (NPLs) in the country’s banking sector.

4h ago

Idra opens special audits into 15 life insurers

The Insurance Development and Regulatory Authority (Idra) has appointed audit firms to carry out special audits of 15 life insurance companies for the 2022-2024 period to uncover possible irregularities as claim settlements continued to mount.

4h ago

Distressed asset law in the making to tackle NPLs

The interim government is formulating a distressed asset management ordinance that could pave the way for a state-owned corporation to buy and trade troubled assets from banks and non-bank financial institutions (NBFIs).

4h ago

Bangladesh to follow WTO mechanism to deal with Trump tariff

Bangladesh will propose to provide duty facilities to the US under a multilateral trading mechanism to retain low tariffs, as the 90-day pause of Trump’s reciprocal tariffs will come to an end on July 8.

4h ago

Losses mount as rough weather hits post-ban fishing

Mohammad Manjur, along with 22 other fishermen, ventured out into the Bay of Bengal in the early hours of June 12, just after a 58-day fishing ban was lifted.

4h ago

FY26 budget is far from expectations

Among many other things, the current interim government is pro-reform in many sectors. Unfortunately, there is almost no reflection of this in the recently presented budget.

4h ago

Outstanding debt up 3% in first half of FY25

Bangladesh's total debt reached Tk 1,944,171 crore by December 2024, increasing debt servicing pressure

1d ago

Tk 141,000cr needed in June to attain tax goal

NBR faces Tk 141,000 crore June target; analysts cite target impossible

1d ago

Iran-Israel war may pose new challenge to RMG sector: BGMEA

Iran-Israel conflict threatens Bangladesh RMG with rising costs; new BGMEA president outlines challenges

1d ago

Provision shortfall at banks widens six times

Bangladesh's banking provision shortfall soared six-fold to Tk 170,655 crore, due to soaring bad loans

1d ago

Bangladesh’s RMG exports to the USA rise by 29% in Jan-Apr

Overall imports by the USA from the world also increased by 10.65% in the period

1d ago

Iran-Israel conflict may pose new threat to Bangladesh's RMG sector: BGMEA president

The conflict could trigger a spike in global oil prices, causing a rise operational costs, he says

1d ago

Stocks extend rally for third day 

The DSEX gained 59.65 points to close at 4,783.65

1d ago

Stocks rise in early trade   

The DSEX gained 26.68 points to 4,750.68 as of 11:02 am

1d ago

Economy might have expanded faster in May: PMI 

Bangladesh's economy showed stronger growth in May as the Purchasing Managers' Index (PMI) rose by 6 points from that of April to 58.9, rebounding from a three-month slowdown since February, according to the latest PMI report.

2d ago

Bad loans hit record Tk 420,355cr

Bad loans in Bangladesh’s banking sector hit a record Tk 420,335 crore at the end of March as a clearer picture of the toxic loan is coming to light following the political changeover in August last year.

2d ago