Bangladesh Bank has increased the policy or repo rate further by 50 basis points to 10 percent for containing inflation. It will be effective from October 27, the central bank…

The Ministry of Finance has proposed the appointment of new managing directors (MDs) for 10 state-owned banks as part of ongoing reforms in the banking sector, officials announced…

Expatriate Bangladeshis sent around $1,532.66 million remittances during the first 19 days of October in the fiscal 2024-25. Of this, remittances through state-owned and specialised…

To stabilize Bangladesh's capital market and protect investors, the government has established a committee to probe past irregularities, corruption, and market manipulation, particularly…

The government has appointed Export Promotion Bureau (EPB) Vice Chairman Md Anwar Hossain as the administrator to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).…

Over 2 lakh local and foreign tourists visited the Sundarbans in fiscal 2023-24, helping the government earn Tk 3.61 crore as revenue from the world's largest mangrove forest, officials…

The government has approved separate proposals for procuring some 55 lakh liters of soybean oil and 1.50 lakh metric tons (MTs) of fertilizer to meet the growing demand of the country.…

Six financially weak banks, grappling with liquidity crises, have reportedly received a total of Tk 1,640 crore in loans by three stronger banks. Sources at the Bangladesh Bank said…

Bangladesh is struggling with a surge in the prices of essentials such as sugar, lentils, and soybean oil, despite significant government subsidies. Last week, the government released…

Bangladesh's garment industry suffered an estimated production loss of around $400 million due to the recent workers’ unrest in September and October in Savar, Ashulia, and Gazipur.…

Bangladesh Bank (BB) has simplified foreign exchange rules through three separate circulars, allowing banks to remit different types of payments abroad without its approval. The rules…

The National Board of Revenue (NBR) on Thursday issued a gazette notification exempting import duty on sugar and eggs, and import and local VAT on edible oil to increase supply and…

Chinese company JIDALAI Co. Ltd. is going to invest US$ 5.85 million to set up a pullers of zipper manufacturing industry in Adamjee Export Processing Zone (AEPZ). This Chinese company…

Russia, China and Iran are increasingly relying on criminal networks to lead cyberespionage and hacking operations against adversaries like the U.S., according to a report on digital…