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.
Bad loans in Bangladesh’s banking sector hit a record Tk 420,335 crore for the first time at the end of March as a clearer picture of the toxic loan scenario is coming to light following the political changeover in August last year.
The government has proposed a sharp increase in the advance income tax from buses, trucks and other commercial vehicles in the upcoming fiscal year, a move that operators say could drive up transport costs across the board.
The depositors of the International Leasing and Financial Services Limited (ILFSL) have urged the Bangladesh Bank to intervene so they can recover their money.
The Bangladesh Bank (BB) will soon start the process to merge five Islamic banks into a single large bank, said Bangladesh Bank Governor Ahsan H Mansur yesterday.
The government plans to amend the existing sovereign guarantee guidelines to streamline the process and mitigate fiscal risks if public entities fail to make repayments on time, according to a finance ministry report.
The yards at the Chattogram port, which are designated for storing containers loaded with imports, exceeded their capacity yesterday as daily handovers to consignees did not gain pace during the Eid-ul-Azha holiday over the past week.
The intensifying Iran-Israel conflict has created ripples across the globe, affecting economies far removed from the battle zones.
Handset production in Bangladesh declined significantly in the first quarter of 2025 as the grey market continued to dominate the domestic market.
The government has fixed the power tariff at Tk 8.45 ($0.766) per kilowatt-hour for the coal-fired Matarbari 1,200MW Ultra Super Critical Power Plant.
The Bangladesh Bureau of Statistics (BBS) is set to introduce a Quarterly Index of Service Production in a bid to measure the short-term growth of Bangladesh’s service sector—now the dominant contributor to GDP.
The readymade garment (RMG) sector is grappling with a range of internal challenges, including rising interest rates, soaring energy costs, and unreliable gas and electricity supplies, all of which are taking a heavy toll on productivity and profitability.
Mutual Trust Bank (MTB) saw its profit rise in 2024, driven by steady growth across its operations. The bank has recommended a 10 percent stock dividend to strengthen its capital base and sustain business expansion.
Bangladesh Steel Re-Rolling Mills (BSRM) reported a significant increase in profit in the third quarter of fiscal year 2024-25.
Several hundred tax and customs officials staged a demonstration at the National Board of Revenue (NBR) headquarters in Dhaka today, demanding revisions to a draft ordinance that proposes dividing the board into two separate divisions and allowing top appointments from outside the revenue cadre.
Banglalink has launched a new range of data packages, increasing the volume of data, voice minutes, and bundle allocations by up to 25 percent..Customers can now get 20 percent more data, 22 percent more voice minutes, and expanded bundle volumes under the updated plans, the third-largest
The Bangladesh Securities and Exchange Commission (BSEC) promotes orange bonds to provide women entrepreneurs, especially those in rural areas, an easy financing solution, remove gender bias, and improve women’s living standards, said its officials yesterday.. They were addressing a worksh
Turnover, an important indicator of market activity, plunged 35 percent to Tk 291.07 crore
