DBL Group concern secures $43m financing from DEG
Glory Textiles and Apparels Ltd (GTAL), a concern of DBL Group, has signed a $43 million long-term financing agreement with German development finance institution DEG...
Business & Economy
BD, Australia focus on trade negotiation
Aiming to elevate economic relations, Bangladesh Commerce Minister Khandakar Abdul Muktadir and Australian Envoy Susan Ryle highlighted the need for stronger partnerships across trade, investment,...
Premier Bank holds first board meeting
Premier Bank PLC held the first meeting of its Board of Directors at its new head office in Shanta Pinnacle, marking the bank’s relocation to...
Stocks end week lower
Stocks on Thursday ended lower in the final trading session of the week as intensified selling pressure near the psychological 5,900-point level offset early gains....
BB takes 18-month action plan to tackle soaring NPLs
Around 36 percent of the total loans disbursed in the country’s banking sector are currently non-performing, posing a major risk to the financial sector, Bangladesh...
NBR faces Tk87,527cr revenue deficit in FY26
Despite structural automation drives and efforts to expand the national tax net, the National Board of Revenue (NBR) has missed its revised collection target for...
Gas crisis cuts plastic factories’ capacity to 30-40pc : BPGMEA
The plastic industry depends heavily on uninterrupted electricity, with many factories now operating at below 30 percent capacity because of persistent gas and power shortages,...
BB lifts lending cap on 5 key Sonali Bank branches
Bangladesh Bank (BB) has removed the long-standing caps on loan disbursements across five crucial corporate branches of state-owned Sonali Bank PLC, allowing them to resume...
Remittance rises 20.9pc to $3.27b so far FY27
Workers’ remittance to Bangladesh grew by 20.9 percent year-on-year in the current fiscal year 2026-27 through August 3, reflecting the continued strong inflow of earnings...
BTMA, BGMEA sign MoU to organise
The Bangladesh Textile Mills Association (BTMA) and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday signed a memorandum of understanding (MoU) to jointly organise...
Dhaka Bank ties up with Ramada
Dhaka Bank PLC signed a Corporate Benefit Agreement with Ramada by Wyndham Cox’s Bazar Kolatoli Beach recently, at the hotel’s premises. The agreement was signed...