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Bangladesh and Australia are set to sign Trade and Investment Framework Agreement (TIFA) aimed at bolstering bilateral trade by way of removing barriers and tapping potential, officials said.

The 9 per cent and 6 per cent interest rates fixed respectively for lending and deposits have helped banks in improving their health, Finance Minister AHM Mustafa Kamal said yesterday.

Bangladesh has edged close to cent percent electrification, as around 99.5 percent people have already come under electricity coverage, which was only 47 percent in 2009.

Default loans in Bangladesh surged in the first half of 2021 as borrowers struggle to pay back due to the business slowdown caused by the coronavirus pandemic.

Vaccinating workers is a top priority for the Prime Minister Sheikh Hasina-led government, which expects to start providing garment workers their jabs within one and a half months, Commerce Minister Tipu Munshi said on Wednesday.

City Group, one of the country’s leading consumer goods processor and manufacturer, is to going to build a hi-tech park investing Tk 5,000 crore to manufacture technology products such as microprocessors, chips, circuits, mobile phones and laptops.

NBR to collaborate with attorney general’s office for speedy disposal of tax evasion cases

Stocks opened a mixed trend on Thursday, after the previous day’s modest correction, as investors are active on both sides of the trading fence.

The authorities concerned met virtually on Wednesday, devising ways for the foreign nationals working in the mega projects here so that they can receive 75 per cent of the pay and perks in their home countries. Taking part in the meeting, representatives from the respective authorities suggested that the BIDA …

The central bank yesterday asked banks to raise their core capital ratio to 3.25 per cent in 2023 after they failed to put in place enough shareholders’ equity and reserves in line with international standards to absorb unexpected shocks.