Economy

Economy

Proposed budget disconnected from the government’s broader reform agenda: Citizen’s Platform for SDGs

The paper highlighted that the budget overlooked the provisional estimates from BBS

2h ago

NCC Bank director to sell 1.11 crore shares

Sohela Hossain, a sponsor director of National Credit and Commerce Bank PLC (NCC Bank), has expressed her intention to sell 1.11 crore shares from her holding of 3.57 crore shares.

9h ago

No immediate fuel price hike

The government will not immediately increase fuel prices, even if oil prices rise in the international market due to the Israel-Iran conflict, said Finance Adviser Salehuddin Ahmed yesterday.

10h ago

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.

10h 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.

12h 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.

14h 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.

14h 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).

14h ago

Four more Bangladeshi garment factories awarded LEED certificates

Three received the highest platinum rating and one gold rating

2d ago

ICC joins coalition of global businesses for ocean sustainability

The initiative highlights the deep interconnection between land and sea

2d ago

BRAC Bank to issue Tk 1,000 crore bond

The social subordinated bond will enhance the bank’s Tier-II capital base

2d ago

Stocks close higher after 10-day Eid holiday  

The DSEX gained 14.91 points to close at 4,724

2d ago

Bangladesh in ‘intensive discussion’ with UK to recover laundered money: BB governor

Mansur said Bangladesh had requested mutual legal assistance from several countries, including the UK

2d ago

Stocks decline in first session after 10-day Eid holiday  

The DSEX dropped 3.66 points to 4,705.43 as of 11:18 am

3d ago

Bangladesh to get $250m from WB

The World Bank (WB) has approved $250 million in financing to support Bangladesh in enhancing transparency, accountability, and efficiency across key government institutions.

3d ago

IMF’s two tranches to be placed to board on June 23

The proposal to release the third and fourth tranches of the International Monetary Fund’s $4.7 billion loan is set to be presented to the multilateral lender’s board on June 23 after the government fulfilled all prior conditions.

3d ago

IT exports witness slight rise in July-March

Bangladesh’s IT exports witnessed a slight rise in the first nine months of the current financial year, buoyed by growing global demand for AI-powered services.

3d ago

Budget offers little to build national capital

The interim government has presented its first national budget, possibly the last under this setup.

3d ago