Ashik Chowdhury has been appointed as the new Executive Chairman of the Bangladesh Investment Development Authority (BIDA) for a two-year term, with the status of a senior secretary. The Public Administration Ministry issued a gazette notification to this effect on Thursday. Further terms of his appointment will be specified in the approved contract. The appointment was made in the public interest, according to the notice.

The government has appointed Md Hafizur Rahman, a member of Bangladesh Competition Commission and also a former additional secretary, as the administrator of the Federation of Bangladesh…

Four officers and one employee of Petrobangla have been temporarily suspended for their alleged involvement in the incident of attack at the Petrobangla headquarters in the city on…

Bangladesh Bank (BB) has paid USD $1.37 billion in import liabilities of member countries of the Asian Clearing Union (ACU) for the last two months of July and August. After paying…

Finance and Commerce Adviser Dr Salehuddin Ahmed on Tuesday put emphasis on expediting the long stagnated trade and commerce relations between Bangladesh and Pakistan.  "Trade…

The government on Tuesday approved separate proposals for procuring some 25,000 metric tons (MTs) of rock phosphate and 40,000MTs of MOP fertilizer to meet the growing demand of the…

The Bangladesh Securities and Exchange Commission (BSEC) on Monday formed a committee to investigate the market involvement and activities by Saiful Alam, popularly known as S Alam,…

Dhaka Bank Chairman Abdul Hai Sarkar has been elected as the new chairman of the Bangladesh Association of Banks (BAB). Apart from this, First Security Islami Bank Chairman Mohammad…

The overall inflation has decreased by 1.17 percent in August compared to July, according to Bangladesh Bureau of Statistics (BBS) report on Sunday. The BBS data showed that the overall…

Mohammad Masuduzzaman Masud, President of the Narayanganj Chamber of Commerce and Industry, has alleged that extortion demands have been made from garment traders' associations BKMEA…

The National Board of Revenue (NBR) has set a six-month target to significantly broaden its tax base, aiming to reduce the disproportionate burden on the country's existing taxpayers.…

Ten banks, including six private commercial ones, had faced a provision shortfall of around Taka 31,549 crore in total at the end of June this year, as per the latest data of Bangladesh…

Bangladesh Bank (BB) has instructed banks to keep a 100 percent cash margin for importing 14 luxury goods including gold, cosmetics, processed food, soft drinks, and leather goods…

S Alam Group companies alone have taken more than half of the total loans of Islami Bank, recovering which is the challenge for the authorities, said Md. Obayed Ullah Al Masud, newly…