While fines are intended to deter future offences, questions remain over their effectiveness if the amount is lower than the illegal gain.
Sales growth of drugs slowed down in fiscal year 2023-24 ending last June, which could be an effect of high inflationary pressure prevailing in the country over the last two years.
Even after the political changeover in early August, the domestic market has been reeling under the influence of oligarchs, according to economist Hossain Zillur Rahman.
Japan is eager to see reforms that eliminate corruption and improve governance, which are key factors for Japanese companies to invest in Bangladesh, said Japanese Ambassador to Bangladesh Iwama Kiminori.
The Bangladesh Telecommunication Regulatory Commission (BTRC) recently ordered the suspension of all voice call services provided by three International Gateway (IGW) operators for breaching rules.
The technology sector of Bangladesh is facing critical bottlenecks due to data inaccuracy, experts said at the 9th edition of the BRAC Bank-The Daily Star ICT Awards held last Friday.
Banks and banking seniors across the global or regional banking arena are being faced with one very important issue -- which market(s) to enter, which product to offer and which clients to choose and onboard.
The interim government has decided to extend an agreement between the Jalalabad Gas Transmission and Distribution System and LafargeHolcim Bangladesh PLC on gas supply from January 17 of 2026, allaying concerns of investors.
Bangladesh Telecommunication Regulatory Commission (BTRC) has shortened the recycling period for inactive SIM cards from 18 months to 12 months in a bid to address a shortage of mobile numbers available in the country.
The planning ministry’s taskforce for sustainable development has drafted a report with proposals to fix the economic fault lines identified by the white paper on the economic state of the country and achieve moderate economic growth.
Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue (CPD) and convenor of the Citizen’s Platform for SDGs Bangladesh, has been reappointed to the Committee for Development Policy (CDP) for a three-year term with effect from January 1 next year.
Defaulted loans at six private commercial banks nearly tripled in one year till September 2024, according to central bank data, which bankers term “alarming”.
Credit card spending by Bangladeshi citizens in India has plummeted in recent months while it is rising in Thailand and Singapore, according to central bank data.
India’s gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay purchases, trade and government officials said.
Ring Shine Textiles has decided to terminate its share purchase agreement with Wise Star Textile Mills as it doubts that the latter would be able to carry out the deal.
The previous government, led by Sheikh Hasina, ignored repeated warnings from experts on various economic issues in Bangladesh, according to Mohammed Farashuddin, a former governor of the country’s central bank..“The Hasina administration did not heed warnings from economists on the lack o
Bhattacharya's new three-year term begins on Jan 1 next year
National University Vice-chancellor Professor ASM Amanullah today stressed the need for speeding up development in the country's tourism sector
