TCB plans Tk 8,000cr procurement to stabilise essentials market
The state-run Trading Corporation of Bangladesh (TCB) has planned to purchase commodities worth around Tk 8,000 crore during the current fiscal year to stabilise the...
Business & Economy
Enamul, Elias re-elected chairman, vice-chairman of Federal Ins
Enamul Hoq has been re-elected chairman of Federal Insurance PLC during the company’s board meeting held recently. In the meeting, Elias Siddiquee was re-elected vice-chairman,...
Remittance inflow surges 25.7pc by August 24
Bangladesh received US$ 2.340 billion in remittances during the first 24 days of August up 25.7 percent from US$1.861 billion received during the corresponding period...
Meghna Bank to raise Tk 400cr thru subordinated bond
The Bangladesh Securities and Exchange Commission (BSEC) has approved a proposal by Meghna Bank PLC to issue a Tk 400 crore non-convertible, unsecured, fully redeemable,...
Prime Bank holds financial literacy seminar at CWU
Prime Bank PLC organised a seminar recently, titled “Financial Inclusion: Engaging & Inspiring Youth in Banking”, under its PrimeAcademia initiative at Central Women’s University (CWU)...
Union Ins gets Hasmot chairman again
The 26th Annual General Meeting of Union Insurance PLC was held on Tuesday. The AGM was presided over by the Chairman of the Company, Mohammed...
BB directs to lift cash withdrawal caps for depositors
Bangladesh Bank has instructed the newly launched state-owned Sammilito Islami Bank PLC to clearly inform depositors that there will be no haircut on their profit....
Economy shows signs of gradual stabilisation amid structural challenges
Bangladesh’s economy showed signs of gradual stabilisation during the April-June quarter of FY26, although overall economic activity remained subdued, said the Metropolitan Chamber of Commerce...
Money changers set new dollar rate amid open market volatility
The Money Changers’ Association of Bangladesh (MCAB) has announced new open market exchange rates for the US dollar, setting the buying rate at Tk 125.50...