NBFI deposits surged in the last quarter of FY23
Business Desk :Struggling non-bank financial institutions (NBFIs) witnessed a sharp rebound with increased deposits in the last quarter (Q4) of FY23. Not only did the...
Business & Economy
US to collaborates with Bangladesh to tackle challenges faced by foreign firms: Envoy
Business Report :The Foreign Commercial Service (FCS) at the US Embassy in Dhaka is committed to aiding Bangladesh in overcoming the hurdles encountered by both...
Two more banks approved to trade in rupee
Business Desk :Standard Chartered Bangladesh (SCB) and Islami Bank Bangladesh PLC received approval from Bangladesh Bank for bilateral trade with India using the rupee. Up...
Pharma Aids to outsource glass ampoules making
Business Desk :Pharma Aids Limited is going to outsource the manufacturing of glass ampoules as demand has outpaced its production capacity. The board of the...
AB Bank to issue Tk 500 crore bond
Business Desk :AB Bank Limited has decided to issue a Tk 500 crore bond. The board of the private commercial lender has approved the tier-II...
Bank deposits surge by 74,000c in Q2’23
Business Desk :Bank deposits in Bangladesh rose by approximately Tk74,000 crore in the April-June quarter of the ongoing calendar year, considered to be the highest-ever...
BB seeks help from bankers to take on economic challenges
Business Desk :Bangladesh Bank on Wednesday requested assistance from bank directors in tackling the current economic crisis, including volatility in the forex market, growing inflation...
‘US examining duty-free facilities for Bangladeshi goods’
Business Report :The United States is reviewing ways to provide duty-free benefits to Bangladesh for exports of items not on the Sensitive List of the...
FBCCI, BMCCI to work together to send more skilled workers abroad
Business Desk :Two chamber bodies will work together to help send skilled workers to Malaysia, one of the largest job markets for Bangladeshi workers. The...
Imported eggs may arrive in a week, to ease price hikes
Business Desk :Amidst soaring egg prices, consumers in Bangladesh are set to experience some relief as imported eggs are expected to arrive next week. Importers...