Business-Economy

How ICB’s dividend plan for FY25 may boomerang on unitholders

Staff Correspondent: The state-run Investment Corporation of Bangladesh (ICB) has proposed that mutual funds (MFs) be allowed to distribute dividends from profits in the current fiscal year without meeting provisional

NPL crisis chokes private credit growth, endangers Bangladesh’s economic recovery: Experts

Staff Correspondent: Bangladesh’s banking sector is facing mounting challenges due to a substantial volume of non-performing loans (NPLs), seriously affecting banks’ ability to extend new credit to investors. According to

Govt to launch management fund to handle stolen money: BB Governor

Staff Correspondent: The government is set to launch a management fund to handle recovered money and assets seized from financial offenders, Bangladesh Bank Governor Dr Ahsan H Mansur said on

BSW System crosses 300,000 automated CLPs, speeds up trade facilitation

Staff Correspondent: The number of Certificates, Licenses, and Permits (CLPs) issued automatically through the Bangladesh Single Window (BSW) System has surpassed 300,000, marking a major leap in the country’s customs

As summer fruits hit the market, wallets feel the heat

Staff Correspondent: Seasonal fruits like mango, lychee, jackfruit, Jamrul (java apple), and Jam (black plum) have begun cropping up at Dhaka’s markets with the arrival of the Bengali month of

India’s import ban: Export thru Bhomra port falls to $2.43 lakh from $13 lakh

Staff Correspondent: Exports from Bangladesh through the Bhomra Land Port in Satkhira have plummeted following an import ban imposed by the Indian government. The export value dropped sharply from approximately