Economy

Economy

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.

1h 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.

2h 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.

2h 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.

3h 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.

6h 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.

6h 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).

6h ago

Bangladesh to follow WTO mechanism to deal with Trump tariff

Bangladesh will propose to provide duty facilities to the US under a multilateral trading mechanism to retain low tariffs, as the 90-day pause of Trump’s reciprocal tariffs will come to an end on July 8.

6h ago

RMG leaders urge rate cuts, energy fixes as US tariffs loom

Industry leaders urged the government to urgently address these domestic constraints.

1m ago

Stocks fall in early trading

The DSEX lost 13.43 points to stand at 4,922.17 as of  11:18  am

1m ago

Reserves reach $22 billion after seven months

Bangladesh's foreign exchange reserves have reached the $22 billion mark after several months, thanks to an increased inflow of foreign currency generated by remittances and export earnings.

1m ago

BSEC suspends 21 officials 

The Bangladesh Securities and Exchange Commission (BSEC) has suspended 21 officials over allegations of misconduct and disciplinary breaches during a protest against the top brass of the market regulator in March this year.

1m ago

MTB recommends stock dividend as profit rises 10%

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.

1m ago

BSRM posts 53% profit growth in Q3

Bangladesh Steel Re-Rolling Mills (BSRM) reported a significant increase in profit in the third quarter of fiscal year 2024-25.

1m ago

Fiscal fragility weakens economic recovery

Bangladesh’s economy is showing early signs of recovery after two years of sustained macroeconomic stress.

1m ago

Govt drafting policy for tax exemptions

The interim government of Bangladesh is drafting a tax exemption policy, prohibiting both the government and the National Board of Revenue (NBR) from allowing tax exemptions.

1m ago

Local handset production drops as grey market expands

Handset production in Bangladesh declined significantly in the first quarter of 2025 as the grey market continued to dominate the domestic market.

1m ago

Govt sets benchmark power tariff for coal-fired plants

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. 

1m ago