The decision was made at a meeting of the Lama Upazila Natural Disaster Preparedness Committee yesterday
Bangladesh recorded a sharp rise in remittance inflows in May, as migrant workers sent more money home in the run-up to Eid-ul-Azha, which falls in early June.
Rupali Bank PLC's profit plummeted in 2024 due to declining operating income.
IFIC Bank PLC reported losses in 2024 compared to a profit in the previous year, due to lower interest spreads and deteriorating asset quality, according to a price-sensitive information disclosure by the bank.
The Forum panel has won the biennial election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), according to the final results announced by the election commission.
The interim government is likely to impose a 10 percent supplementary duty on over-the-top (OTT) platform services in the upcoming budget for the fiscal year 2025-26 — a move that is expected to raise consumer costs and increase spending on paid streaming services.
Bangladesh’s public spending as a share of gross domestic product (GDP) is the lowest among nations on course to graduate from the least developed country (LDC) club.
The government is expected to hike import duty on batteries, which in recent times have been used to run modified three-wheeler rickshaws, to discourage their use and contain the proliferation of the locally developed electric vehicle.
Turnover, a key indicator of market activity, stood at Tk 124.19 crore during the session.
Dreyer, who has worked closely with Elon Musk for nearly two decades, expressed optimism about the partnership
Meghna Group of Industries (MGI), one of the leading conglomerates of Bangladesh, has denied allegations against it and added that it remains certain that "no investigation will uncover evidence of misconduct".
The ministry is currently working to resolve issues related to non-payment of workers
The European Union Chamber of Commerce in Bangladesh (EuroCham) urged the interim government to avoid discrimination against companies based in the bloc as Bangladesh weighs up substantial trade concessions for the United States.
Bangladesh’s banking sector faces significant challenges due to longstanding structural weaknesses and recent emerging risks, according to the World Bank (WB).
The Bangladesh Telecommunication Regulatory Commission (BTRC) has unveiled a draft policy aimed at overhauling the telecommunications licensing and regulatory framework, although a lack of clarity in certain areas may lead to disputes over service boundaries.
Safety standards in Bangladesh’s garment sector saw a marked improvement after the disastrous Rana Plaza collapse in 2013, but there is still a need for other sectors to improve in this regard, Labour Reform Commission chairman Syed Sultan Uddin Ahmed said in an interview yesterday.
Bata Shoe Company (Bangladesh) saw its profit drop in 2024 due to high inflation and political unrest that disrupted retail operations.
The International Monetary Fund on Tuesday slashed its forecast for global growth this year and warned of an increase in global financial stability risks, citing the effect of US President Donald Trump’s new tariff policies on the world economy.
