Current News

Jatiya Sangsad speaker Shirin Sharmin Chaudhury on Monday said that women in Bangladesh were still facing difficulties in setting up businesses as well as getting banking support. Addressing as chief guest the monthly ‘Luncheon Meeting’ organised by the American Chamber of Commerce in Bangladesh in the capital Dhaka, she categorically …

The representation of women in upper echelons or decision-making positions in the country’s commercial banks is very insignificant due to cultural barriers, family responsibilities, discrimination in the hiring process and harassment in workplaces. According to the information available on the banks’ web sites, there are a few women holding senior …

The increasing foreign debt will create problems for Bangladesh unless structural problems in the country’s financial sector are addressed, said economists at an inter-department dialogue at the University of Dhaka yesterday. “The ongoing IMF credit programme will not become effective if discipline in the financial sector cannot be improved,” said …

Although the number of mobile financial service (MFS) accounts has grown in Bangladesh, the ratio of accounts held by women is falling, which, analysts say, is not desirable as increased participation of female is necessary for digital financial inclusion and gender equality. Bangladesh Bank data showed that the number of …

Women entrepreneurs are playing a vital role in keeping Bangladesh’s digital commerce segment buoyant using their skills and resilience, giving a much-needed fillip to a sector reeling under crisis because of plummeting sales, scams and unprecedented inflation. Overcoming many odds, thousands of women entrepreneurs in Bangladesh who started their businesses …

Bangladesh Bank has been identifying non-performing loans as a major challenge to obtain its monetary policy objectives in its monetary policy statements. No Respite in NPL Growth But there is no respite in high growth of bad loans which undermined the key BB policy aiming at infusing dynamisms in the …

Prices of protein items are soaring past the purchasing capacity of the middle-class due to price hikes of the items in the local market ahead of Ramadan that will begin from the third week of the current month. Price Hike of Broiler Chicken The country’s burgeoning middle-class is forced to …

BNP Chairperson Khaleda Zia who’s been conspicuously absent from active politics since her parole even as the country hurtles towards the election, has found herself at the centre of a political debate. Her eligibility to actively participate in political activities — given the fact that she’s on parole — is …

Leaders of the country’s two leading chambers on Wednesday proposed that the National Board of Revenue (NBR) allow gradual transition to a cashless economy, as non-cash payments are still not widely practiced. They said that companies were unable to enjoy reduced corporate tax rates in the present context due to …

The National Economic Council (NEC) on Wednesday approved Tk 227,566.09-crore Revised Annual Development Programme (RADP) for the current fiscal year (FY23), cutting Tk 18,500 crore from the allocation of foreign sources portion in the original ADP outlay. Out of the total RADP allocation, Tk 153,066.09 crore will be drawn from …