Govt relaxes experience rules for state-owned commercial bank CEOs
The government has revised its policy on appointing chief executives of state-owned commercial banks, allowing the experience requirement to be relaxed in exceptional cases. The...
Business & Economy
Islami Bank subsidiary mCash holds 6th board meeting
Islami Bank Bangladesh PLC’s subsidiary mCash Ltd held its sixth board of directors meeting at Islami Bank Tower this week. Mohammad Zahir Hussain, chairman of...
Govt inherited a fragile economy: Titumir
Prime Minister’s Adviser on Finance and Planning Dr Rashed Al Mahmud Titumir yesterday said that the government inherited a fragile economy, and Bangladesh is currently...
BGMEA to enforce ESG reporting for all factories Business Report
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will require all its member factories to submit environmental, social and governance (ESG) reports, as exporters face...
Each company must adopt own policy: BFIU
The Bangladesh Financial Intelligence Unit (BFIU) has directed all insurance companies to put in place measures against money laundering and terrorist financing, requiring each to...
BB sells $20m to check dollar rate rise
Bangladesh Bank sold $20 million from its foreign exchange reserves to commercial banks on Monday after the dollar rate appeared set to cross Tk124, a...
Pubali Bank reviews 3rd-quarter ADC, card business
Pubali Bank PLC held its third-quarter ADC and card business review meeting for 2026 at its head office, with Managing Director Mohammad Ali attending as...
Mexico suspends imports of Brazilian chicken
Mexican agricultural officials on Monday suspended imports of chicken meat, live birds and hatching eggs from Brazil due to an outbreak of Newcastle disease. “The...
PM’s Japan visit to aim investment
Bangladesh will seek greater Japanese investment, expanded employment opportunities for skilled workers and progress on major infrastructure projects during Prime Minister Tarique Rahman’s four-day official...
Fuel import LCs surge around 63pc in Q1
Letters of credit (LCs) opened for importing petroleum and petroleum products rose around 63 percent year-on-year to US$3.7 billion in the first quarter of the...
BD seeks Chinese banks to boost $19b trade
Bangladesh is seeking to attract Chinese banks to establish a local presence to support trade and investment between the two countries, whose bilateral trade reached...
Pandora opens world’s largest jewellery factory
Danish jewellery maker Pandora has opened a $150 million manufacturing facility in Ho Chi Minh City, Vietnam, which the company claims is the world’s largest...