Current News

A move is underway to slash the existing 24 per cent interest rate or service charge, as imposed by the micro-finance institutions (MFIs), to give poor borrowers some relief.

The Bangladesh Securities and Exchange Commission has asked the Dhaka Stock Exchange Limited and the Central Depository Bangladesh Limited to distribute 5 per cent of their profits to their employees in accordance with the labour law.

Bangladesh’s image will shine out amidst the global community on the back of the United Nations recommendation for its status graduation from a least-developed country to a developing nation.

Like every other business, this sector also took a massive loss due to the Covid-19 pandemic

Thirteen banks faced negative credit growth year-on-year as of December 2020 amid a plunge in demand following the coronavirus outbreak which caused businesses to refrain from taking fresh loans.

Canadian High Commissioner in Bangladesh Benoit Préfontaine today paid a courtesy call on Sheikh Fazle Fahim, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

The Authorised Dealers (ADs) have been allowed to extend loan facilities to the Type-C industries of the Export Processing Zones (EPZs) in Taka, as admissible to such industries outside the EPZs.

NBFIs that availed the BB’s deferred provisioning facility are not allowed to declare any cash dividend

‘We are just about managing to meet our operational costs and nothing more’

Bangladesh Power Development Board (BPDB) has sought Tk 23.28 billion in subsidy to cover the losses it incurred over the last six and a half years for selling imported electricity at subsidised rates.