Business
BB asks banks not to charge late fees for delayed payment
Business —24 July, 2024 20:52
Bangladesh Bank (BB) has asked all scheduled banks not to charge late fees from clients over delayed repayment and depositing in saving schemes between…
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Bangladesh suspends mobile internet amid student protests
Bangladesh authorities have shut down the internet connectivity…

UK banking giant HSBC names new chief executive
UK-based banking giant HSBC has announced that 50-year-old Georges…
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CPD study on debt portfolio flags fast rising external debt as 'reason for concern'
The Centre for Policy Dialogue (CPD) in a study on 'Bangladesh's External Public Borrowings and Debt Servicing Capacity' has expressed concern about the sharp rise in the share of…
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Finance Ministry rejects apprehension of decline in export income
The government on Tuesday ruled out the apprehension of decline in export income, GDP growth and per capita income due to export data reconciliation. In response to recent media reports…

Internet speed reduced to suppress student protests
Mobile phone users across Dhaka are experiencing disruptions in internet service as the massive quota protests has unfolded. While mobile phone operators have claimed they were not…
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Startup Bangladesh cancels Tk 5cr proposed investment in 10 Minute School
Startup Bangladesh Limited, the flagship venture capital fund of the ICT Division, today announced that it has canceled a Tk 5 crore investment proposal for 10 Minute School, Bangladesh's…
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Quota protest: RU students block Rajshahi-Dhaka highway
Students of Barendra University in Rajshahi have put up blockade on the Rajshahi-Dhaka highway on Tuesday, demanding reform in quota system. They took position on the highway…
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Bangladeshi overseas credit card spending drops by over 10% in May
Bangladeshis spent Tk 456.5 crore abroad in May using credit cards, a decrease from Tk 507 crore in April, according to a report by Bangladesh Bank released today. Meanwhile, foreign…

China's economy grew less than expectation
China's economy grew 4.7 percent year-on-year in the second quarter of 2024, official data showed Monday, less than analysts had expected. "By quarter, the GDP for the first quarter…

BASIS America Desk launched to promote tech business
The Bangladesh Association of Software and Information Services (BASIS) has launched a BASIS America Desk to facilitate Bangladeshi technology entrepreneurs with counterparts from…
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Next BIMSTEC Summit on September 4
Foreign Minister Dr Hasan Mahmud today said that the next Summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) will be held on September…
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Pran Group bags seven national export trophies
The Pran Group got seven national export trophies, including three gold for its 'outstanding' contribution in the export segment for the fisca year 2021-22. Pran Group Chairman Ahsan…

Hasina for exploring new markets of Bangladeshi products
Prime Minister Sheikh Hasina on Sunday asked the exporters to explore new markets for Bangladeshi goods and expand the country’s export basket. “We’ll have to search…
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NPL tops 25 percent, Dr Ahsan trushes cenbank data
Economist Dr. Ahsan H Mansur has highlighted discrepancy in reported financial figures, saying that Bangladesh Bank reports 11 percent non-performing loans (NPLs), but the actual figure…

More cooperation sought among BIMSTEC economies
The Bangkok declaration at the third Bay of Bengal Economic Dialogue has underscored the critical need for enhanced regional integration and cooperation among BIMSTEC member states.…
Excelerate’s FSRU returns to Bangladesh after repairs
Excelerate Energy’s 138,000-cbm FSRU Summit LNG has returned to Bangladesh after it completed repair work in a yard in Singapore, reports LNG Prime. The FSRU, which serves Bangladesh’s…