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    Poor FDI weakest point of B’desh economy: ADB

    Shakhawat Hossain . Yokohama, Japan | Updated at 11:39pm on May 07, 2017

    Asian Development Bank’s South Asian department director general Hun Kim has identified poor foreign direct investment as the weakest point of Bangladesh’s economy...

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    ADB to form trust fund to promote integration of high-level tech

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:09pm on May 06, 2017

    The Asian Development Bank will establish a trust fund to promote the integration of high-level technology and innovative solutions in the design and implementation of...

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    No good news from Manila: PH finance minister

    Shakhawat Hossain . Yokohama, Japan | Updated at 11:07pm on May 06, 2017

    Philippines finance minister Carlos Dominguez on Saturday said that Manila might give no good news to Dhaka in near future on the recovery of the...

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    PMO asks fin min to take action against 3 cos as BB offers respite

    AKM Zamir Uddin | Updated at 10:54pm on May 06, 2017

    The Prime Minister Office has recently asked the finance ministry to take punitive measures against three companies — M/s BTL, M/s Mahin Textiles and M/s...

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    Interest rate for lending cut to 9.7pc in March

    Staff Correspondent | Updated at 01:40am on May 06, 2017

    Scheduled banks cut their rates of interest on lending further in March, the 27th month in a row, as the businesspeople were reluctant to borrow...

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    BB appoints observer to scam-hit AB Bank

    AKM Zamir Uddin | Updated at 10:59pm on May 04, 2017

    Bangladesh Bank has appointed observer to scam-hit AB Bank Ltd as the central bank found that the private commercial bank violated rules in sanctioning and...

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    52pc banks at risk of data breach

    Staff Correspondent | Updated at 10:59pm on May 04, 2017

    Fifty-two per cent of the country’s 57 scheduled banks are at risk of data breach and 16 per cent of them are highly vulnerable to...

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    BRAC Saajan opens its office in Dhaka

    Business Desk | Updated at 10:14pm on May 03, 2017

    BRAC Saajan Exchange Ltd, the UK-based subsidiary of BRAC Bank, opened its Dhaka office in providing state of the art customer services for inward remittances,...

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    Investment in NSCs hits annual record of Tk 37,600cr in 9 months

    AKM Zamir Uddin | Updated at 09:43pm on May 03, 2017

    The net investment in the national savings certificates and bonds broke the yearly record within the first nine months of the fiscal year 2016-17 hitting...

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    State-run commercial banks write off Tk 2041cr defaulted loan in five years

    Staff Correspondent | Updated at 08:22pm on May 03, 2017

      The country’s seven state-run commercial banks wrote off Tk 2041 crore defaulted loans in past five years, finance minister AMA Muhith told parliament on...