Economy

Economy

Bangladesh per capita debt mounts to $483

The amount was $257 in 2015-16 fiscal year

1h ago

Assets worth £90m of Salman’s son, nephew frozen

The UK’s National Crime Agency (NCA) has frozen nearly £90 million worth of luxury London property owned by two individuals linked to Bangladesh’s deposed ruler, according to the British daily Guardian.

2h ago

Culture of impunity the main scourge of stock market

The primary crisis plaguing the stock market is a culture of impunity, which has severely affected numerous investors. As such, public confidence cannot be restored without enforcing punitive measures against manipulators and ensuring good governance, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).

2h ago

Rethinking cybersecurity for resilient financial systems

Globally, the financial sector has become a prime target for cybercrime, with attacks growing in scale, sophistication, and impact. In 2025, several high-profile breaches exposed vulnerabilities even within well-established institutions.

2h ago

Smart farming: Drones and AI to drive yield gains

In order to feed a growing population with ever-diminishing farmland, the country’s agriculture has undergone a notable transformation since independence, buoyed by high-yielding varieties, chemical fertilisers, and pesticides.

2h ago

Fareast islami life sells vehicles, cuts jobs to reduce costs

Fareast Islami Life Insurance Company Limited is selling its vehicles and slashing its workforce in a desperate effort to cut costs and counter a deepening financial crisis.

2h ago

London property freeze encouraging

The freezing of nearly £90 million worth of luxury property in London, linked to two associates of the country’s deposed prime minister, has offered a sense of accomplishment to Bangladeshi authorities.

2h ago

Top earners face 30% tax again as inequality rises

After five years, the income tax rate for the highest bracket is likely to revert to 30 percent in the upcoming fiscal year as part of the government’s efforts to address growing inequality — an issue that is among the country’s major economic concerns.

2h ago

BTRC to ask Banglalink to pay at least Tk 70cr in tower sale fees

The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to issue a final directive to Banglalink Digital Communications Ltd, asking the mobile operator to deposit 5.5 percent of the total value of its tower sales, along with all applicable VAT and late fees, to Summit Towers Limited within ten working days.

3w ago

Walton plans Tk 114cr lithium battery factory

Walton Hi-Tech Industries PLC, a leading electrical and electronic appliance manufacturer, has announced plans to establish a facility to manufacture lithium-ion cells at a cost of nearly Tk 114 crore.

3w ago

Banks face higher risks without swift climate action: BB

Banks could face financial risks unless immediate climate action is taken, said the Bangladesh Bank (BB) in its first climate stress testing report published yesterday.

3w ago

No margin loan for power sector

The taskforce for capital market reforms has suggested excluding power plants from the list of marginable securities as their nature of having fixed tenures makes them more aligned with bonds..The taskforce submitted its final proposals to the Bangladesh Securities and Exchange Commission

3w ago

Beximco Pharma seeks more time to publish Q3 financials

The company made the request as the BSEC’s proposed appointment of nine additional independent non-executive directors to its board remains pending before the High Court of Bangladesh

3w ago

Narrowing gender gap an economic necessity, speakers say

Narrowing the gender gap is not only a social imperative but also an economic necessity, as changing mindsets and increasing women's participation could boost the country’s GDP, speakers said at a seminar yesterday..“Women’s empowerment remains central to building a prosperous future,” sai

3w ago

Jamuna Oil’s profit jumps 56% in Q3

The company’s earnings per share (EPS) stood at Tk 12.73 for January-March 2025

3w ago

Stocks fall after brief recovery

The DSEX dropped 42.67 points to close at 4,952.79.

3w ago

ADB to support global competitiveness of Bangladeshi contractors 

ADB reaffirmed its commitment to promoting the growth of local industries, the multilateral lender said in a statement today.  

3w ago

Stocks fall in morning trade

The DSEX lost 11.32 points to stand at 4,984.13 as of 11:12 am.

3w ago