Business-Economy

BD entering critical new phase, says ADB President highlighting $5 bn in funding

ADB to help Bangladesh build more resilient economy through diverse energy sources, exports UNB: Asian Development Bank (ADB) President Masato Kanda has said Bangladesh is entering a ‘critical new phase’

Islami Bank Chairman Zubaidur Rahman resigns

Staff Reporter Prof M Zubaidur Rahman, Chairman of the private-sector lender Islami Bank Bangladesh PLC, has resigned amid growing pressure and protests within the bank. Sources at the bank and

BD remittance hits near $3 billion amid strong inflows

BSS, Dhaka Bangladesh witnessed a strong growth in inward remittance during the first 23 days of May as expatriate Bangladeshis continued to send higher amounts of money through formal banking

BB caps cash dividends for banks

BB sets Tk 20bn capital limit for cash dividends Staff Correspondent Bangladesh Bank (BB) has imposed new restrictions on the distribution of cash dividends by commercial banks. Under the new

Govt to import 3 LNG cargoes at even steeper prices

Staff Correspondent The Bangladesh government will buy three cargoes of liquefied natural gas (LNG) from the spot market to cope with the existing energy crisis due to the Iran war

BB announces Tk60,000cr stimulus to reopen closed factories

TDS Desk: Bangladesh Bank has announced a Tk60,000-crore stimulus package aimed at reviving closed and struggling factories to support production, exports, private sector growth, and employment amid ongoing economic challenges.