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Fourteen banks on Monday signed separate agreements with the Bangladesh Bank to disburse Tk 150 billion in loans as part of refinancing facilities to support the implementation of the stimulus package for large industries.

It’s the days leading to Eid-ul-Fitr that Mostafiz Uddin is most cheerful. It’s that time of the year when the owner of Denim Expert pays his workers, hands them gifts, and takes them to a restaurant for Iftar.

One of the most closely watched aspects of China’s two sessions each year is the release of the official target for GDP growth, a reliable indicator of where the world’s second-largest economy is headed. 

Bangladesh needs to spend Tk 10,085 crore per month to support the poor and the newly poor struggling to survive amid the coronavirus pandemic, suggested a new study.

The Bangladesh Bank has refrained from imposing a lending rate ceiling on non-bank financial institutions after more than two months of imposing such limit on the country’s banks.

Financially sound companies should refrain from applying for loans from the government’s stimulus packages and should give those opportunities to weak and damaged industries owing to Covid-19, NRBC Bank Chairman Parvez Tamal said in an interview with Dhaka Tribune‘s Mehedi Hasan. He also talked about issues regarding current banking services …

‘Beyond the 20.5% of the population officially recognized as poor, there was a group of ‘new poor’ representing an additional 22.9% of the population that needed to be brought within the discussion on poverty’

Candidates to succeed Roberto Azevedo as head of the WTO will have one month from June 8 to submit their nominations, the global trade body said following the Brazilian’s surprise resignation.

The Annual Development Programme (ADP) spending hit four-year low in the first 10 months of the current fiscal year (FY) 2019-20 due to the impact of the coronavirus on the development work, officials said.

The Federation of Bangladesh Chambers of Commerce and Industry has demanded a downward revision of corporate income tax to 25 per cent over the next three years considering the impact of coronavirus pandemic on the country’s economy.